This infographic, which presents the findings of the IDC Report on the state of the Indian IT market, has several parallels to my own findings in the field. The Indian IT market is poised on the cusp of a boom, which will hopefully result in massive improvements in productivity and customer service. However, the use of enterprise IT in India is geographically concentrated in specific high growth/high income states. Infographic by mohitlakhmani on Visually.
Gartner’s latest report says that the global IT services industry grew by 2 percent in 2012, down from 7.7 percent in 2011. The report also mentions that the top Indian IT service providers grew faster and Cognizant has overtaken Infosys as the number 2.
The top five Indian providers* grew 13.3 percent to reach $34.3 billion in 2012, exceeding the IT services industry growth of 2 percent according to Gartner, Inc. The growth decelerated for both industry groups, from 21.8 percent and 7.7 percent, in 2011.
“Cognizant displaced Infosys to become the second-largest Indian IT services provider (see Table 1), and Cognizant experienced the highest growth rate among the top five providers with an increase of 20.1 percent in 2012,“ said Arup Roy, research director at Gartner. ” TCS closed in on the top 10 worldwide market share leader, with less than $1.5 billion separating it from the 10th ranked provider, Hitachi.”
See the original report here.
Gartner predicts that worldwide IT spend will reach $3.7 trillion in 2013.
Worldwide IT spending is forecast to surpass $3.7 trillion in 2013, a 3.8 percent increase from 2012 projected spending of $3.6 trillion,
Big Data will contribute a small share of this total spend.
Big data will drive $28 billion of worldwide IT spending in 2012, according to Gartner, Inc. In 2013, big data is forecast to drive $34 billion of IT spending.
However, an increasing proportion of worldwide IT spend will be outside traditional IT budgets, leading to the rise of new organizational roles and responsibilities in the area of digital strategy.
Twelve years ago technology spending outside of IT was 20 percent of total technology spending; it will become almost 90 percent by the end of the decade,
Gartner predicts that by 2015, 25 percent of organizations will have a Chief Digital Officer.
Other key forecasts include the proliferation of mobile devices, leading to a BYOD, mobile work culture.
In 2016, more than 1.6 billion smart mobile devices will be purchased globally. Two-thirds of the mobile workforce will own a smartphone, and 40 percent of the workforce will be mobile.
by 2018, 70 percent of mobile workers will use a tablet or a hybrid device that has tablet-like characteristics.
Gartner predicts that in three years, 10 organizations will each spend more than $1 billion on social media.
Gartner forecasts that emerging markets will generate $1.22 trillion in IT spending in 2012. This represents more than 31 percent of the projected worldwide IT spend of $3.7 trillion (see that report here).
The BRIMC countries (Brazil, Russia, India, Mexico and China) alone will account for 17% of the global total, representing nearly $658 billion.
Nuance, the folks whose voice recognition technology drives Dragon’s Naturally Speaking and Siri, have released an inforgraphic that summarizes key numbers regarding Enterprise Apps. Critical stats include the fact that 70% consumers have more than 10 apps, and 55% have an app to do business with their bank or retailer. Convenience and availability are the two key drivers of enterprise app adoption and enterprise apps increase customers’ positive views of the firm!
See the original infogaphic here.
IT spending is on the rise. Gartner says that enterprises will spend $2.7 trillion on IT in 2012. 350 organizations will invest more than a billion dollars in IT.
Worldwide enterprise IT spending is projected to total $2.7 trillion in 2012, a 3.9 percent increase from 2011 spending of $2.6 trillion
Other key facts about the changing face of IT:
• 30 billion pieces of content were added to Facebook this past month.
• Worldwide IP traffic will quadruple by 2015.
• More than 2 billion videos were watched on YouTube … yesterday.
• The average teenager sends 4,762 text messages per month.
• 32 billion searches were performed last month … on Twitter.
- Worldwide Enterprise IT Spending To Total $2.7 Trillion In 2012 But Growth Is Slowing (techcrunch.com)
- Gartner: 10 key trends for 2012 (c24.co.uk)
- Gartner’s top 10 strategic technology trends for 2012 (infoworld.com)