The software segment is expected to grow 15.7 percent in 2017 to reach $1 billion
GN Bureau | February 13, 2017
The centre and the state governments are expected to increase their spending on information technology (IT) by 9.5 percent in 2017 over 2016, according to Gartner, US-based IT research and advisory organisation.
With this, it is expected that India will spend spend $7.8 billion (Rs 52,242 crore approximately) on IT this year, it says. This forecast includes spending on internal services, software, IT services, data centre systems, devices and telecom services.
The software segment, the report said, includes enterprise resource planning (ERP), supply chain management (SCM), customer resource management (CRM), desktop, infrastructure, vertical specific software and other application tools.
The software segment is expected to grow 15.7 percent in 2017 to reach $1 billion (Rs 6,697 crore approx.). Desktop will be the fastest growing segment with 16 percent growth in this category, according to Gartner.
IT services (which includes consulting, software support, business process outsourcing, IT outsourcing, implementation, and hardware support) is expected to grow 14.6 percent in 2017 to reach $2 billion (Rs 13,399 crore approx.), making it the largest segment within the IT spending category.
Devices spending will grow 12.7 percent in 2017 to reach $917 million (Rs 6,143 crore approx.). Devices refer to printers, copiers, MFPs, mobile devices, PCs and tablets.
As the government is set to roll out the 5G spectrum auction, the network providers are also equipping 5th generation network-ready LTE technology. According to the government, the technology would have an impact of more than $1 trillion on the Indian economy. It is also expected to transform educati
Punjabi singer, songwriter, and guitarist, Rabbi Shergill rose to fame in 2004 with his chartbuster song ‘Bullah Ki Jaana’ from his debut album ‘Rabbi’. Inspired by rock and Punjabi folk music, he uses Punjabi language to create acoustic rock-based ballads. His poetic and social
National Aluminium Company Limited (NALCO), country’s leading manufacturer and exporter of alumina and aluminium, has posted an operating profit of Rs 589 crore in Q3 of 2018-19 FY, registering 80 percent growth over the same period of last year. Net profit of the company
In 2016, 44.7 million tonnes of e-waste was generated globally which is expected to increase to 52.2 million tonnes in 2021. As of 2016, it was found out that India is the second and fifth highest generator (in Asia and globally respectively) of e-waste with 2 million tonnes. The mounting pile of e-waste h
Union power minister RK Singh has said the per capita current power consumption of 1,200 units is expected to grow 2-3 times at par with the international consumption after every Indian gets access to electricity. Singh said the power sector is witnessing an increased demand which is further expect
SAIL has posted a profit (profit after tax) of Rs 616 crore in Q3 of 2018-19 FY. SAIL has managed to better its performance over the previous quarter as well by more than 11 percent when it stood at Rs 554 crore. The turnover for Q3 FY’19 improved by three percent over corresponding period of