Business Daily from THE HINDU group of publications
Tuesday, Nov 04, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Info-Tech - Outlook
IT consulting market sees healthy future

Our Bureau

Bangalore, Nov. 3 The shortage of IT talent in developed countries and the growing sophistication of offshore IT destinations are supporting healthy growth in the IT consulting market, according to a market analysis and survey of 15 IT consulting companies by Everest Research Institute and Bernstein Research.

The IT consulting market, estimated at $104 billion, has shifted its value proposition to meet growing needs of buyers seeking solutions for business changes, regulatory issues, access to new technologies, and heightened needs for specialised talent, according to the study titled ‘Reading the Alphabet Soup: SI, PI, ERP, etc — The Changing Drivers of IT Consulting’.

“As a result of globalisation, the industry is now looking at more and more specific IT consulting tasks that can be offshored,” said Mr Gaurav Gupta, Country Head & Principal, Everest Group.

demand drivers

Suppliers have engaged IT talent in low-cost geographies such as India, Eastern Europe and Latin America, to provide activities like ERP implementation support, which shows an increase in offshorability of all IT consulting activities except some highly interactive ones that require onsite presence.

The research analyses these shifts in demand drivers based on findings from IT services companies surveyed for the study such as Accenture, Atos Origin, CSC, Cognizant, EDS, Perot Systems, Genpact, HCL, L&T Infotech, Patni, Sapient, Satyam, Softtek, TCS, and Wipro.

Related Stories:
TCS unfazed by slump in consulting, domestic business

More Stories on : Outlook | Software

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Satyam in deal with Kuwait co


Interconnection issues may dampen new operators’ roll-out plans
Cambridge Tech net rises in Q2
e-matrimony sites seen transforming into ‘lifecycle’ portals
IBS clarifies on lay-offs
Target cos not willing to sell: HTMT Global
Nasscom to host animation meet tomorrow
IT consulting market sees healthy future
Slowdown in telcos’ IT spend seen
Bharti Enterprises unveils new brand identity, strategic vision


eWorld



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line