NASSCOM and the IT-BPO industry welcome the fact that the Union
Budget is inclusive and has a strong focus on the social sector.

NASSCOM
is however disappointed with the absence of any discussion on the
extension of the STPI scheme. This is extremely critical for small
enterprises and the BPO industry, as well as for expansion in tier 2

Brushing aside fears that the rising rupee could dent a hole in the growth of Indian software industry, the sector is set to achieve a healthy 33 percent growth in the fiscal year 2008.

The industry is also on fast-track to achieve the target of $75 billion in overall software and services revenues by 2010, Nasscom, an umbrella body of the Indian IT industry, said here Monday.

Releasing the Strategic Review for 2008, Nasscom Chairman Lakshmi Narayanan said despite heavy pressures, the industry continues to perform very well and managed to achieve its stretched growth targets year after year.

Skewed growth, a number of firsts, tragic exits, landmark deals and pioneering personalities, Indian IT has been defined by this and much more. Here is a compilation of 25 such moments that shaped Indian IT into what it is today.

1956
The Computer Arrives
The first digital computer comes to India estd. 1956, as the Indian Statistical Institute in Kolkata installs a Hollerith Electronic Computer, HEC-2M, brought from England. Initially, it handled a number of scientific problems from all across the country, including trajectory analysis for artillery cannons for the Defense. It was, in fact, the first computer brought to Asia, outside of Japan.

NASSCOM today said that it would hold a job fair on December 15 and 17 in Hyderabad for candidates who appeared for the NAC test held on September 30.

“We have received a very encouraging response from Andhra Pradesh with 2000 students registering for the NAC test. There is a vast untapped potential in India waiting to be capitalized by the IT-BPO companies and the excellent feedback to the test is a strong indicator to it,” said Sangeeta Gupta, vice president, NASSCOM.

The answer is definitely a 'yes', if the country succeeds in finding the right path to move up in the value chain.

Nasscom, the premier trade body and the voice of Indian software industry, has set its expectations high on India in the space of intellectual property (IP) development and protection.

The organization believes that the Indian IT industry has to think beyond ‘services’ and focus more on product development. IP development should emerge as a key focus area in the coming years.

The NASSCOM Product Conclave 2007 is NASSCOM’s first national conference for the Indian software product industry and is being organized at Bangalore, the IP capital for India on 19-20 November 2007.

Industry CEOs, CIOs of user industry, technology experts, venture capitalists, angel investors, marketing gurus will congregate at Bangalore for a two-day action packed agenda that will stimulate debate and discussion, ideate new initiatives and above all help define a vision for India’s fledgling software product industry.

Leading players in the industry and start-ups are now waking up to the potential of software product business for India. This is manifest in the number of such businesses being set up and the successful examples of a few companies that have truly showcased how Indian companies can build and market products globally.

The ecosystem required to make India successful in the software product space is just beginning to happen. The NASSCOM Product Conclave 2007 offers an opportunity for participants to collectively define the vision for the product industry in India.

If you are a product company or interested to develop a product, then the NASSCOM Product Conclave is a must attend for you. Register today to avoid disappointment later.

Nasscom has organised an exclusive talk on “Integrated Business Management System” by Mr. S. Vaidyanathan, Associate Director, Intertek System Certification, 10 August 2007 at the Hyder Mahal, Hotel ITC Kakatiya Sheraton & Towers, Begumpet, Hyderabad.

The chief objective of IBMS is to combine all the best practices in the organization to achieve the vision and goals of the organization. It provides a comprehensive and cohesive system to have an edge over others in the business. It drives the organization to enhance its operational and financial performances that is possible by linking various resources in the organization. It inculcates an organizational culture and motivates everyone in the organization to achieve the organizational goals.

The success of an organization lies in how best it satisfies the requirements of the customers and exceeds their expectation. Hence it is of paramount importance on the part of the organization to align all its activities and navigate the management system in order to meet this. IBMS is the best way to achieve this.

Strategic objectives in line with the vision of the organization are the harbinger of success in the continual improvement journey of the organization. IBMS acts as a catalyst for assessing the key performance indicators through various monitoring and measurement mechanisms. The work culture gets a new dimension and the employee morale boosts up.

Some of the benefits of practicing IBMS include Enhanced Customer Satisfaction, Marketing Leverage, Enhanced Productivity, Employee Morale, Enhanced innovation and creativity and Radical Improvements.

Who Should Attend?

• Quality Heads/Leads/Managers
• Test Practitioners
• Delivery Leads/ Delivery Heads

The NASSCOM’s annual India ITES-BPO Strategy Summit 2007, the country’s premier conference on the rapid growth industry, will take place in Bangalore from 6 - 7 August 2007.

The summit this year will provide a bird’s eye view of the IT-BPO sector and its transformation over the past few years. Besides logging in a radical growth of around 32 percent and notching up revenues of around US$ 8.3 billion in 2006-07, the Indian ITES-BPO industry also matured in terms of the services it began providing to global clients. From a situation where ITES-BPO organizations were predominantly into basic data entry tasks, today, the industry has graduated to a high proportion of voice-based services and a range of back-office processing activities.

The industry is witnessing an increasing emphasis on the cost-plus, additional strategic levers that it can deliver include innovation of the underlying business process being outsourced, improved competitive positioning, managing customer expectations, elevation of the strategic role of the retained organisation, optimal resource allocation, support for globalisation of their businesses, and technology support and access.

The Summit will provide insights on the following :

• The findings of NASSCOM’s ITES-BPO Landscape Study
• Customer acquisition and its contribution towards the ITES-BPO growth story
• The expansion witnessed in the scope of services provided by Indian IT-BPO companies
• The migration by service providers towards increasingly complex, high value processes, involving rule-based decision-making
• The emergence of “high-end” Knowledge-based processes such as financial services research support and analysis, econometrics, data analytics and modeling, business/corporate research/competitive intelligence, legal services, animation and game development services and medical transcription services on the radars of Indian vendors
• Delivery of BPO services across a range of verticals including Finance and Accounting (F&A), Customer Interaction Services (CIS) and Human Resource Administration (HRA)
• Best practices and insights on talent management, performance management, technology, ROI and contracts

The NASSCOM India ITES-BPO Strategy Summit 2007 will spotlight well-known thought gurus, eminent speakers and analysts, who will share this as a common platform to talk about :

• The opportunities within the existing vertical segments
• How ITES-BPO companies can not only grow these markets, but also achieve finer segmentation and identify sub-verticals that open up new business opportunities
• The new geographies, beyond the US and UK that can be developed by Indian BPOs
• The opportunities presented by the Indian domestic market for BPO services
• How companies strong in the IT services space, can leverage this link to provide integrated IT-BPO offerings to customers
• Role that account management and investments in front-end activities such as sales and marketing can play in enabling BPOs to build differentiators in the market
• The need for ITES-BPO companies to adopt a Global Delivery Model and take the multi-sourcing approach - how this model can be deployed and scaled by BPOs, with multiple centers in India and overseas

Who Should Attend?

• Business Strategists, IT and ITES Professionals
  CIOs, CFOs, COO, CTOs and anyone who has a key decision making role in the organization
• Business Executives
  HR heads, Quality and Marketing professionals and those who influence implementation of enterprise strategies
• Analysts and Thought Leaders
• Market and financial gurus, Strategy and technology analysts
• Senior government and state government officials
• IT Managers, senior officials
• Venture capitalists/fund managers/investment bankers
• International Buyers
• Support Service providers : Real estate companies, infrastructure solution providers, telecom solution providers, IT hardware and networking companies who want to network with ITES-BPO companies

Attendee Profile - NASSCOM’s ITES-BPO Strategy Summit 2006