SOME TAKEAWAYS FOR IT PLAYERS

These are some inputs that I could collect from the DQ Week Solution Provider Summit hels at Kathmandu Nepal by Cybernedia Group. May be you will find this useful for your planning in this year.This comes to you courtesy McKinsey & Internationa Data Corporation.

* 2009 will be an year of capital non-availability
* Globally SMB spend has equaled Enterprise spend. (SMB is the star now)
* The Service Sector will be vulnerable sector along with segments such as Power, Infrastructure etc
* A V shaped recovery is expected for Economy in India (take less time to recover)
* What needs to be operationally managed well are supply chain, pricing, wastages & overheads.
* Apply war room tactics in operations. (Urgency, tightness, instantaneousness, alert, quick action, resource optimization)
* Use the time to build up additional capabilities/skills in the company and its people
* Do not go beyond 3 month plans. Give more attention to daily MIS by CXO/Profit centre heads.

Some statistics & findings:

* From 2008 to 2009 National Market share of hardware had moved from 59% to 55.5%, Service from 31.5% to 34.5 % and Software from 9.5 to 10%. This move will further in coming years. (Hardware share as part of IT spend is reducing whereas Services & Software spend is increasing.)
* PC market growth has come down to 3.5 % (by unit). Laptop is growing by 35% of overall PC market. IT compounded annual growth has come down to 18% from 25%
* By 2013, IT market in India will be worth INR 2,20,000 Crores.
* Cumulatively IT in India will grow by 16% in the next 5 years.
* The consumer, in coming times will not be too enamored by brands but by the benefit derived from product/solution
* Web 2.0. Social Networking & SaaS are growing considerably.
* Lots of New Services will get added to customer acceptability.
* From IT Infrastructure Build up and consolidation, it has now come to IT infrastructure Leverage.

TOP 10 PREDICTIONS AS PER IDC:

1. There will be slowdown in the growth of IT/ITES in India
2. Global IT spend will come down by half
3. India will be the fastest growing market for IT in A PAC
4. There will be growth in IT optimization technologies and IT usage( Virtualization/unified Communication/ITSM etc will get accepted by all IT users)
5. Telecom Vertical Growth will be significant.
6. Outsourcing will get consolidated to large vendors such as Infosys,TCS,HCL, Wipro, Suderland,Cognizant etc (beware small BPO players!)
7. Enterprises will look at an INTEGRATED SECURITY APPROACH
8. Though will not come to the mainstream, 'cloud computing' experimentations will continue
9. New Value Proposition will evolve for the CHANNEL.
10. Consumer will continue to be elusive to convergence