India is the world's largest sourcing destination for the information technology (IT) industry, accounting for approximately 67 per cent of the US$ 124-130 billion market as per IBEF Report. India remains a favorable and preferred destination for information technology (IT) and information technology enabled services (ITeS) in the world. India has moved from being a major driver to “the largest player” in the off-shore delivery world. This is largely due to our ability to provide maximum efficiency at competitive prices and a highly skilled English speaking talent pool.
The industry employs about 10 million workforces. More importantly, the industry has led the economic transformation of the country and altered the perception of India in the global economy. India's cost competitiveness in providing IT services, which is approximately 3-4 times cheaper than the US, continues to be the mainstay of its Unique Selling Proposition (USP) in the global sourcing market. However, India is also gaining prominence in terms of intellectual capital with several global IT firms setting up their innovation centers in India.
IT/ITeS industry is resource intensive where business continuity is critical for inbound & outbound operations 24×7. Large multinational companies host their services in an outsourced model requiring IT/ITeS companies in India to maintain state-of-art IT infrastructure that is fast, reliable and secure. Optimization of IT resources is necessary to support high performance and meet business goals. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of opportunities for top IT firms in India. Social, Mobility, Analytics and Cloud (SMAC) will be in demand. The Indian e-commerce segment is witnessing strong growth and thereby offers another attractive avenue for IT companies to develop products and services to cater to the high growth consumer segment.
The Hi-Tech industry is facing intense competition, continuous product innovation and compliance adherence. There is need for quick & smooth responses to global strategies, while trying to reduce costs and improve efficiencies. The industry is making a move to integrate products with support services to create new and long-term revenue streams. Digital India program launched by Government of India provide several government services to the people using IT. It will integrate the government departments and the people of India. The adoption of key technologies across sectors spurred by the 'Digital India Initiative' will boost India's Gross Domestic Product (GDP).
The partnership with OEM’s, In-house software development team and professional services team makes Inspira a preferred partner.
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