India Vision 2010: What driveth IT?

bhavITva 2007 offers a discussion forum that will bring together corporates , partners, industry analysts and young minds on a common platform to discuss "India Vision 2010: What driveth IT?" Four key areas have been identified as possible drivers that could lead the Indian IT and ITeS industry into the next level:

Engineering Services

The offshore engineering services segment is set to be the next big thing for Indian IT firms. According to a study done by the NASSCOM and management consulting firm Booz Allen Hamilton, the Indian IT firms can account for nearly $40 billion from offshoring of engineering services by 2020. The report also indicates that the market is highly fragmented by industry with automotive at 19 per cent, aerospace at 8 per cent and utilities at 3 per cent in 2004. High-Tech and telecom is the dominant and fastest growing sector, with 30 per cent of the market, and the traditional engineering powerhouses - USA, Germany and Japan have a lead in engineering spend. India enjoys a relatively strong position in the automotive and high-tech/telecom engineering services market with a $25-billion opportunity by 2020.

Knowledge Process Outsourcing

NASSCOM estimates, the KPO industry is expected to grow by 45 per cent by 2010. Out of the $16 billion, which the KPO industry is estimated to earn, around $12 billion would be outsourced to India. Also, KPO will yield more revenue than BPO when it amounts to value per unit. It is estimated that India will have more than 2.5 lakh KPO professionals by 2010. At present, the figures stand at 25,000. KPO is expected to contribute 57% to India's GDP by 2010 and KPO will contribute 1.8% to the Indian service sector by 2010 as against 0.24% in 2003. Investment banking research, sales and marketing research, IP/patent research, R&D, legal research and case writing ,animation design - the plethora of opportunities available in the KPO domain seem limitless.

Product Development

McKinsey-NASSCOM analysis forecasts that the product and technology services revenues of Indian companies could reach $8 billion-11 billion by 2008. Over 23,300 software companies in the US, with combined revenues of over $103 billion, spend 18-25 per cent of their revenues on product development. That adds up to a $19 billion-26 billion annual spend on product development. Margins in the products business are much better than in IT services. Billing rates per engineer per month can be as high as $7,500, compared to the $2,000-$4,500 that services firms make.

Remote Infrastructure Management

Research analysts Gartner estimate that the size of global Infrastructure Management Services (IMS) market is estimated to lie between $86 billion to $150 billion. It is estimated that 40-60% of the overall IMS pie can be efficiently delivered through a global delivery model. This translates to a market potential of $ 55 billion for Indian vendors. India is currently delivering business worth $0.3 billion in this space. Gartner predicts that it will do business worth $ 2 billion in next 5 years. Infrastructure management projects are very attractive for the reason that the deal sizes are quite large compared to deal sizes of normal application maintenance projects. An appealing statistic is that 54% of the deals bagged by global players come under this category. Also close to 90% of the deals signed in the IT vertical are in infrastructure management services.

10 Principles of Strategy in business,war and ....

1. Commit fully to a definite objective
2. Seize the initiative and keep it
3. Economize resources
4. Use Strategic postitioning
5. Do the unexpected
6. Keep things simple
7. Prepare multiple,simulaneous alternatives
8. Take the indirect route to your objective
9. Practice timing and sequencing
10. Exploit you success

these 10 sutras are taken straight from the book ,"The Art of the Strategist"
it's probably one of the 1000 odd books on the strategy ,i dont know if its highly recommended or not
as far as i know it was just another one lying in the shelf,hoping to be picked up :)

half way through the book i realise the 10 principles are supposed to be applied in business
now,am no mgmt. guru here and don't plan to act like one ,but i wonder if its really useful in business !
i just get a feeling ,the principles are more apt for war and .... love
(not that am an expert in the next two,but,just a thought)
now go back to the 10 principles and read them once more,one last time

do you agree ?
maybe the title of the post should have been
10 Principles of Strategy in business , war and ... love :)

How about Open Source 'Tangible' Products !

We are all too familiar with open source software products,especially the success of Apache,Linux and Firefox

I came across this article which talks about couple of open source projects underway around the world ,involving tangible products.Could be a car or prosthetics or ...

LOCK, STOCK & TRADE 2006

What is Lock, Stock & Trade?

Lock, Stock & Trade (LST) is a mock IPO event where the investors (student audience) invest in the real life companies profiled by MBA students from SP Jain Institute of Management

This year, the event has been scheduled to be held on January 4th, 2007 at The Leela, Mumbai

At this one-day event, the SPJIMR student teams representing the entrepreneurs and investment bankers present carefully selected real life private company profiles to the audience. These companies are open for evaluation and trading by the audience who acting as investors, mock 'invest' in shares of their choice. The stocks are allotted through bidding and the ultimate stock prices are determined by the market forces. At the end of the day the winning 'investors' are those with highest value portfolios and the winning 'company' is that which has the highest market capitalization. The game provides opportunity for many a player to bid, trade and build their portfolio, and experience…the Dalal Street excitement!

LST had an immensely successful debut in 2004 with Kiran Mazumdar Shaw as the keynote speaker, and a hugely successful event in 2005 too.

Some of the highlights of the LST 2005 were:

• Key note address by Subroto Bagchi, Co-founder and COO, MindTree Consulting
  
• Panel on "From Idea to IPO: The Entrepreneur's Progress" discussed by eminent entrepreneurs and financiers including:
  - Shravan Shroff, MD, Shringar Cinemas Ltd.,
  - Pravin Gandhi, Partner, Infinity Ventures
  - Devendra Saharia, Co-founder & President Ajuba International (health care BPO)
  - Vijay Chandok, Country Head, Small Enterprise Group, ICICI Bank
  
• Company presentations by 18 real life companies
  
• 500 excited people including students, entrepreneurs, faculty and professionals attended the event, played the IPO game and networked.

....
....

How can you participate?

You need to participate in the "Business Idea competition" to be a part of LST. You are expected to conceive an idea for new business and explain in not more than 200 words about why you think it can be turned in to a sustainable business venture.
Please note that a detailed business model for e.g. the financial, operational or marketing aspects of the idea are not expected to be a part of the abstract.

The entries will be evaluated by an expert team of SPJIMR faculty and entrepreneurs. The selected participants will be extended an invitation to participate in LST, 06.

In case you are interested

Entries Invited for SP Jain Marketing Impact Awards 2007

MasterPlan goes rural - GramVihaar gets cracking !

Some fabulous news from Nomad
nomad and gang ( of 6 ) have won MasterPlan - The Corporate Business Plan event of IIMA Confluence. 385 entries (incl 15 overseas) , and three rounds ,boiled down to one winner , team 'GramVihaar' from SP Jain.We proposed a network of rural toruism resorts across India.
Team members : rohit jalan,vasav varshney,ananth chilukuri,kunal jain,lagnajit patnaik,aditya vadaganadam
Chck out the coverage on Economic Times

Now, we get to present the plan to Mr Mukesh Ambani,chairman Reliance Industries ltd.
That means a lot more work pending to fine tune the bplan ,fill in the gaps ...