User:Brianchiu
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Object from The Future: India Silicon Valley
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It is now the era of the knowledge society, and the Manchester of the industrial era has come to be replaced by the Silicon Valley. The 1500 sq. km. area of enterprise in California that came to be known as the Silicon Valley has become the gold standard for several international cities. Bangalore acquired the title well ahead of the others and as the author, James Heitzman, notes in his book, it is recognised as India's Silicon Valley even by those who live in the "original" in the U.S.
India's well-educated, English-speaking talent pool gives the region a competitive advantage over China and other Asian competitors, Khan said. "I know China has a way of getting things done," he said. "But when you talk about education and a talent base, that takes much longer to create."
Replace
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Non-core processes
Uncompetitive or unefficient processes
Call center -> Sales customer service -> IT business
http://www.machrotech.com/images/BPO_model.gif
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Growth
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Wipo
Tata Consultancy Services
Infosys
India IT Software and Services Industry (US$ billion)
Source: NASSCOM
India’s software industry statistics illustrate the massive strides achieved by this sector and the opportunities the future holds. According to NASSCOM’s estimates for the fiscal year 2000-01, the country’s software industry is worth $8.26 billion, up from $100 million ten years ago.
Software Export as a percentage of India’s Total Export
Source: NASSCOM
According to the NASSCOM-McKinsey study, the Indian software industry is expected to gross US$50 billion in exports in 2008! This is based on an average growth rate of 35 percent per year. The industry is well placed to achieve this target.
Other
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Labour
China competition
BRIC effect