Very encouraging news for Indian IT Services comes from Gartner, the leading global provider of independent and objective technology related research and advice. According to Gartner, the information technology research and advisory company providing technology related insight, Indian IT services market is forecast to reach $10.2 billion (approximately Rs. 53,000 crore) in 2013, a 12 per cent increase from an estimated $9.1 billion in 2012.
Their study also reveals that despite facing a slowdown in the past two years, the rate of growth of India IT services sector remains relatively high. Although it is fact that India's GDP growth has slowed in the past year because of global economic challenges, the growth fundamentals are on relatively solid footing, driven primarily by growing domestic consumption. Increasing e-governance projects in the government sector such as Unique Identification Authority of India, and Accelerated Power development and Reforms Programs, are to be viewed on a positive note, which is going to benefit the Indian IT sector in a big way in the coming days.
Takers for IT services in government and private sectors in India are increasing rapidly and demand includes the enterprise solution software applications. As the ERP applications are becoming essential for efficiency and transparency of business process, shying away from this service could be a big setback for businesses in the long run.
With the entry of Cloud computing in the IT sector, the demand for SaaS ERP system also started to grow as the solution is being considered most economical and hassle free enterprise solution.
The growth of services in IT sector also increased the awareness and usage of cloud ERP and ERP SaaS models in Indian market. Our experience reveals that the benefits offered by eresource ERP SaaS model will ultimately result in widespread adoption.
eresource ERP SaaS model delivers everything you need to run your business better. Purchase the product suites that you require, and eresource delivers the quality and reliability you need to run your business. eresource SaaS ERP system can be customized as per your requirement and operates just like an on-premise solution. Economically viable and operationally scalable eresource SaaS ERP system is unique in its own way. You have to feel it to believe it. Call us today for a FREE demo.
Source: Gartner Report (Channel World)
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