• Mobile Value Added Services (MVAS) has the potential to become a Rs 67,100 cr market by 2015 contributing to 31% of overall wireless revenues. Non-voice revenues are expected to contribute 51% in 2015 -- Report from Analysys Mason.
• The worldwide BPO market will grow by 6.3% in 2011 and 5% in 2012. – Gartner Report.
• The KPO currently pegged at $2 b in India is expected to log-in over 22% compounded annual growth rate between FY2010 and FY2015 and to touch $5.6 b. Share of data analytics is expected to increase from 18.5% to 20.6% ($1.15 billion) and LPO is expected to be $1.3 billion. – Nasscom study
• If the US slips into a double-dip recession, it would lead to tech job losses there as well as in India but it could have an even bigger fallout: ‘out-of-job' software engineers lured into cybercrime gangs to produce malware.-- Internet Crime Complaint Centre
• The number of subscribers using their mobile phones to access Internet will touch 46 million in Sep. – Report by IAMAI and IMRB.
• Rejection of visas [to Indian software engineers going to US] is a political issue and the Government has to handle it as ‘our citizens' are denied visas. -- Mr Som Mittal, President, Nasscom.
• The combined desk-based and mobile PC market in India grew by 2.5% to total nearly 2.5 m units in the 2Q of 2011. – Gartner Report.
• The fact that rural teledensity stands at 36% against the urban teledensity of 163% shows that the telecom revolution has not reached the people who really need to be benefited.—Mr. Kapil Sibal
• Google's $12.5 b purchase of Motorola Mobility is more a “patents” play than a hardware deal as Motorola owns a vault of 17,000 patents, with another 7,500 pending. -- Technology Analysts.
• The IT industry, which employs 2.5 million people, has achieved this in just 15 years; in contrast the organised manufacturing sector took a century to create six million jobs. By 2017, IT will overtake manufacturing in terms of jobs. -- Mr R. Gopalakrishnan, Director, Tata Sons Ltd.
• TCS has emerged the largest recruiter over the last year, followed by Infosys and Wipro 90% reported an increase in employee referrals; 75% reported increase in campus hiring and internal job postings. Offer acceptance ratio is estimated at 80%.– Nasscom Report.
• The IT industry is to touch revenue of $70 billion and employ nearly 2.8 million — making it one of the largest employers in the organised sector.
• The IT industry annually spends nearly $1.3 billion on training and ‘re-skilling' students, putting enormous pressure on companies' operating costs.
