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Swot Analysis of IT Industry
Highly skilled human resource
Low wage structure
Quality of work
Initiatives taken by the Government (setting up Hi-Tech Parks and implementation of e-governance projects)
Many global players have set-up operations in India like Microsoft, Oracle, Adobe, etc.
Following Quality Standards such as ISO 9000, SEI CMM etc.
Quality telecommunications infrastructure
Indian time zone (24 x 7 services to the global customers). Time difference between India and America is approximately 12 hours, which is beneficial for outsourcing of work.
Absence of practical knowledge
Dearth of suitable candidates
Less Research and Development
Contribution of IT sector to India ‘s GDP is still rather small.
Employee salaries in IT sector are increasing tremendously. Low wages benefit will soon come to an end.
High quality IT education market
Increasing number of working age people
India ‘s well developed soft infrastructure
Upcoming International Players in the market
Lack of data security systems Countries like China and Philippines with qualified workforce making efforts to overcome the English language barrier
Countries like China and Philippines with qualified workforce making efforts to overcome the English language barrier
IT development concentrated in a few cities only
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