The IT & ITes sector includes IT services, engineering design and R&D services, ITES (IT-enabled services) or BPO

and hardware. Today IT and ITeS sectors lead the economic growth in terms of employment, export promotion, revenue generation and standards of living. As per NASSCOM estimates, IT/ITeS sector (excluding hardware) revenues are estimated at USD 87.6 billion in FY 2011-12; and the industry is expected to grow by 19 per cent during FY 2012-13. The IT/ITeS sector has led to employment opportunities, both direct and indirect, of nearly 2.8 million and around 8.9 million respectively. This growth is expected to increase to more than 14 million (direct and indirect) by 2015 and to around 30 million by 2030. The market size of the industry is expected to rise to USD 225 billion by 2020 considering India's competitive position, growing demand for exports, Government policy support, and increasing global footprint. IT/ITeS industry has led India's economic growth and this sector's contribution to the national GDP has risen from 1.2 per cent in 1997-98 to an estimated 7.5 per cent in 2011-12. IT/ITES industries are highly localized and clustered in seven cities as of today. These are: Bangalore, Hyderabad, Chennai, Gurgaon/Noida/New Delhi, Kolkata, Mumbai and Pune. Infrastructure limits and scarcity of land has recently led to expansion to newer places like Ahmedabad, Bhubaneshwar, Chandigarh, Coimbatore, Jaipur, Kochi, Madurai, Mangalore, Mysore and Trivandrum. Introduction to the terms: Information Technology (IT) is defined as the design, development, implementation and management of computer-based information systems, particularly software applications and computer hardware. Today, it has grown to cover most aspects of computing and technology. The largest firms globally include IBM, HP, Dell and Microsoft. The Information Technology-Enabled Services (ITES) industry provides services that are delivered over telecom or data network to a range of external business areas. Examples of such business process outsourcing (BPO) include customer service, web-content development, back office management and network consultancy etc. Factors leading to growth in the IT/ITes sector are: Low operating costs and tax advantage. Favourable government policies. Technically qualified personnel easily available in the country. Rapid adoption of IT technologies in major sectors as Telecom, Manufacturing and BFSI.

Strong growth in export demand from new verticals and non-traditional sectors as public sector, media and utilities. Use of new and emerging technologies such as cloud computing. SEZ as growth drivers; as more of SEZs are now being set up in Tier II cities and about 43 new tier II/III cities are emerging as IT delivery locations. All these factors have given IT/ITES industry in India a strong competitive position with high market share. Employment trends As per the Economic Survey 2011-12, the IT/ITeS industries has added 7.96 lakh jobs in one year, in the period ending September 2011. According to NASSCOM, employee base in the rural areas is expected to increase by over 10 times by 2013-14, compared to 5000 in 2009-10. According to a customer poll conducted by Booz and Co, India is the most preferred destination for engineering offshoring, which are encouraging foreign companies to offshore complete product responsibility to Indian ITeS companies. Hyderabad is fast becoming the IT/ITes hub of India with new players hankering to get a foothold here, and existing players continuing to hire aggressively. Large companies such as Infosys, TCS, Genpact, Deloitte, Facebook, Bank of America, Thomson Reuters, Amazon, Google, Cognizant, Franklin Templeton among others, are growing their presence in the state. According to Andhra Pradesh Government's estimates, the total IT/ITeS sector hiring for 2012-13 could be at about 50,000 professionals. Internet trends More recently, online retailing, cloud computing and e-commerce are leading to rapid growth in the IT industry. Online shopping is fast gaining popularity with the emergence of internet retailing and ecommerce. According to the Internet and Mobile Association of India (IAMAI) the number of Internet users in the country is more than 121 million, out of which 17 million are online shoppers. Increasing internet penetration and affordability for personal computers has led to this rapid numbers, and these are expected to triple by 2015. According to IAMAI, online sales of branded apparel almost doubled in volume to 4.99 million pieces during April 2012, as against 2.54 million in the same month a year ago. Also, E-ticketing continued to grow with irctc.com recording 5.56 million bookings in April, 2012, as compared to 2.26 million bookings in April 2011.

Government Initiatives In the twelfth Five Year Plan (2012-17), the Department of Information Technology proposes to strengthen and extend the existing core infrastructure projects to provide more horizontal connectivity, build redundancy connectivity, undertake energy audits of State Data Centers (SDCs) etc. The core infrastructure including fibre optic based connectivity will be leveraged and additional 150,000 Common Service Centres (CSCs) will be setup to create the right Governance and service delivery ecosystem at the Panchayats

// MIS professional A management information systems (MIS) professional collects, analyses data and provides information in formats that can be used by different departments of an organization accordingly.

What's it about? A management information systems professional is someone who collects data from multiple sources in an organisation, compiles it, organises it in useable formats, and then does the calculations as per departmental needs.

Clock work 9 am: Compile all figures (sales/ HR/ marketing), depending on my domain 10 am: Sort out and arrange these 11 am: Do the calculations to compute monthly, weekly or quarterly figures 3 pm: Meet with the management to give presentation 6pm: Study the figures to look for eye-catching trends reflected by the figures.

The payoff

At an entry level, one can start anywhere between R3 to R4 lakh per annum. If you are a qualified CA or MBA from an institute of repute, you can earn about R6 lakh to R8 lakh per annum. With experience, your salary can rise depending on the company you work for.

Skills You need sound analytical skills You have to have a good head for numbers You have to master the ability to stay calm and collected under pressure. Sometimes the work seems unending and no sooner have you finished pending tasks you discover more have piled up You have to be well versed with computer tools such as MS Office, ERP software (such as SAP-BI) and excel in power point presentations

Pros & cons Work is satisfying because you directly contribute to the companys decision-making process. Life gets hectic in MIS. Work pressure can drain you at times. You remain in constant touch with the top management, a privilege not every one gets in the company

/// A Abacus Computers Ltd Abee Info-Consumables Ltd ABM Knowledgeware Ltd. Accel Transmatic Ltd ACE Software Exports Ltd.

ACI Infocom Ltd Adam Comsof Ltd Adam Comsof Ltd. Advent Computer Services Ltd. Aftek Ltd. Agilent Technologies ALLIANCE CONSULTING Allied Computers International (Asia) Ltd. Altos India Ltd. Ancent Software International Ltd. AOL Online Apis India Ltd Aplab Ltd Applied Materials, Inc. Aptech Ltd Archana Software Ltd Arms Paper Ltd Arraycom (India) Ltd. Asia H R Technologies Ltd Asian Electronics Ltd Asian Films Production & Distribution Ltd Asit C Mehta Financial Services Ltd Ask Me Info Hubs Ltd ASM Technologies Ltd ASTIR IT

Astro Bio Systems Ltd Atos Origin Atrenta Aurionpro Solutions Ltd. Avance Technologies Ltd Avantel Ltd AXIS-IT&T Ltd. Axon Infotech Ltd. Aztecsoft Ltd. B B2B Software Technologies Ltd. Bangalore Softsell Ltd. Baron Infotech Ltd. Bartronics India Ltd. Bathina Technologies (India) Ltd Birla Shloka Edutech Ltd BITS Ltd Blue Star Infotech Ltd. Bombay Talkies Ltd Brels Infotech Ltd Bristlecone C Cadence California Software Company Ltd. Cambridge Solutions Ltd. Cambridge Technology Enterprises Ltd.

Canon CAT Technologies Ltd. Cauvery Software Engineering Systems Ltd. CCS Infotech Ltd. Cerebra Integrated Technologies Ltd. CG VAK Software Ltd Chakkilam Infotech Ltd Choksh Infotech Ltd. Clio Infotech Ltd CMC Ltd. CNI Research Ltd. Color Chips (India) Ltd Compare Infobase Compuage Infocom Ltd. Compucom Software Ltd Compudyne Winfosystems Ltd. Comp-u-Learn Tech India Ltd. Compulink Systems Ltd. Computational Research Laboratories Computech International Ltd Computer Point Ltd. Computerskill Ltd. Concurrent (India) Infrastructure Ltd Contech Software Ltd. COVANSYS

Cranes Software International Ltd. Crazy Infotech Ltd. Cressanda Solutions Ltd. Crest Animation Studios Ltd Crystal Software Solutions Ltd. CSC CTIL Ltd Cybermate Infotek Ltd. Cyberscape Multimedia Ltd. Cybertech Systems & Software Ltd D Danlaw Technologies Ltd. Datamatics Global Services Ltd Datanet Systems Ltd Datasoft Application Software (India) Ltd Datasoft Application Software Ltd. Dell International D-Link India DSQ Software Ltd DSQ Software Ltd. Dynacons Systems & Solutions Ltd. E E.Com Infotech (India) Ltd E.Star Infotech Ltd Edserv SoftSystems Ltd

EMC Corporation Encore Software Ltd. Enso Secutrack Ltd Enterprise Intelligent Systems Ltd EnterpriseDB ERP Soft Systems Ltd Essel Software & Services Ltd. Essemm Information Systems Ltd. European Software Alliances Ltd EXL Service.com (India) Pvt. Ltd. Ez Commerce Trade Technologies Ltd. F FCG FCS Software Solutions Ltd. FI Sofex Ltd. Financial Technologies (India) Ltd. Fintech Communication Ltd. Firefly e-Ventures Limited Flextronics Software Systems Four Soft Ltd. Fourth Generation Information Systems Ltd Frontier Information Technologies Ltd. FSL Projects Ltd. G Gamma Infoway Exalt Ltd

Geekay Imaging Ltd. Genesis Microchip Inc Genesys International Corporation Ltd. Geodesic Ltd Geometric Ltd Globsyn Infotech Ltd Goldstone Technologies Ltd. G-Tech Info Training Ltd GTL Ltd H Harbor Network Systems Ltd Hartron Networks Ltd. HCL Technologies Ltd. Helios & Matheson Information Technology Ltd. Hewlett-Packard Globalsoft Ltd. Hexaware Technologies Ltd. Hifunda Ltd. Hit Kit Global Solutions Ltd Honeywell International Inc HTC Global Services I I Power Solutions India Ltd I2 Technologies I-Flex Solutions Ltd. Igate Global Solutions Ltd

IKF Technologies Ltd. Ind-Agiv Commerce Ltd Indian Infotech & Software Ltd Indo-City Infotech Ltd Indo-Pacific Software & Entertainment Ltd Indus Networks Ltd Infinite Infobahn Corporation Limited Info-Drive Software Ltd Infogain Corporation Information Technologies (India) Ltd. Informed Technologies India Ltd Infosys Technologies Ltd. Innovision E-Commerce Ltd INTEGRA MICRO SYSTEMS Integrated Hitech Ltd Intel Corporation Intel Technology Intellvisions Software Ltd. Intense Technologies Ltd. Intertec Communications Ltd. Interworld Digital Ltd IOL Netcom Ltd IQ Infotech Ltd. IQMS Software Ltd.

IRIS IT People (India) Ltd. ITC Infotech ITTI J Jeevan Softech Ltd. Jetking Infotrain Ltd K Kaashyap Technologies Ltd Kale Consultants Ltd. Kanika Infrastructure & Power Ltd Kedia Infotech Ltd. Kernex Microsystems (India) Ltd. Kilburn Office Automation Ltd KLG Systel Ltd. Kolar Biotech Ltd KPIT Cummins Infosystems Limited Krisn Information Technologies Ltd. KTL Industries Ltd Kushal Software Ltd L Lan Eseda Inds. Ltd Lanco Global Systems Ltd. Lee & Nee Softwares (Exports) Ltd. LGS Global Ltd

Libord Infotech Ltd. Logix Microsystems Ltd. LSI Corporation Luminaire Technologies Ltd M Maars Software International Ltd. Mahindra Satyam Ltd Mangalya Soft-Tech Ltd. Mascon Global Ltd. Mastek Ltd McAfee Software Media Lab Asia Megasoft Ltd. Melstar Information Technology Ltd. Mentor Graphics Micro Technologies (India) Ltd Microland Ltd. Midpoint Software & Electro Systems Ltd Millennium Cybertech Ltd. Mindteck (India) Ltd. Mindtree Ltd Moh Ltd Monalisa Infotech Ltd Moschip Semiconductor Technology Ltd. Moser Baer India Ltd.

Mphasis Ltd MRO - TEK Ltd. MYM Technologies Ltd. N NCC Finance Ltd Netripples Software Ltd. Nettlinx Ltd. NetVision Web Technologies Ltd. Netvista Information Technology Ltd. Network Ltd Nexxoft Infotel Ltd. Nihar Info Global Limited NIIT Ltd NIIT Technologies Ltd. Novell India Pvt. Ltd. Nucleus Software Exports Ltd. NVIDIA Corporation

O Oasis Infotech Ltd. Octant Interactive Technologies Ltd Odyssey Technologies Ltd. Omega Interactive Technologies Ltd. Omnitech Info Solutions Ltd.

Onward Technologies Ltd. Opus Software Solutions Oracle Financial Services Software Ltd Org Group ORG Informatics Ltd Orient Information Technology Ltd. Orpine Systems Ltd. P Pacific Controls Palsoft Infosystems Ltd. Pan India Corporation Ltd. Panoramic Universal Ltd. Patni Computer Systems Ltd. PCS Technology Ltd. Pentasoft Technologies Ltd. Perot Systems PFL Infotech Ltd Phi Business Solution Philips Polaris Software Lab Ltd. Popular Estate Management Ltd Precision Electronics Ltd.

Prism Informatics Ltd Prithvi Information Solutions Ltd. PSI Data Systems Ltd. Q Qatalys Software Technologies Ltd. Qpro Infotech Ltd Qualcomm India Quest Software Quintegra Solutions Ltd.. R R Systems Ram Informatics Ltd. Rambus Ranklin Solutions Ltd Rave Technologies Redington (India) Ltd Religare Technova Global Solutions Ltd Ricoh India Ltd Rolta India Ltd RS Software (India) Ltd S S Kumars Online Ltd

Saarc Net Ltd Saksoft Ltd. SanDisk Sankhya Infotech Ltd Sanra Software Ltd. SAPIENT Sark Systems India Ltd Sasken Communication Technologies Ltd Sat Industries Ltd Saven Technologies Ltd Scintilla Software Technology Ltd Score Information Technologies Ltd Seshachal Technologies Ltd Shloka Infotech Ltd. Shonkh Technologies International Ltd Shreejal Info Hubs Ltd Sibar Software Services (India) Ltd Silverline Animation Technologies Ltd Silverline Technologies Ltd SJ Corporation Ltd Smartlink Network Systems Ltd SNS Technologies

Softbpo Global Services Ltd Softech Infinium Solution Ltd Softpro Systems Ltd Softsol India Ltd Software Technology Group International Ltd Solix Technologies Ltd. Sonata Software Ltd Spanco Ltd Sparc Systems Ltd. SPEL Semiconductor Ltd SQL Star International Ltd Sriven Multi-Tech Ltd SRM Technologies Sterling International Enterprises Ltd Stocknet International Ltd Subex Ltd Sun Microsystems SunGard Svam Softwares Ltd Sylph Technologies Ltd Symantec Synplicity Inc.

Syntel Syschem (India) Ltd T T Spiritual World Ltd Tata Consultancy Services Tata Elxsi Ltd TECH MAHINDRA Teledata Informatics Ltd Telesys Software Ltd Teradata TIBCO Software Total Exports Ltd Trianz Tricom India Ltd Trigyn Technologies Ltd Tripex Overseas Ltd Triton Corp Ltd Tutis Technologies Ltd TVS Electronics Ltd. Twinstar Software Exports Ltd U Uniport Computers Ltd

Usha Martin Infotech Ltd USI V V&K Softech Ltd Vakrangee Softwares Ltd Vama Industries Ltd Venus Universal Ltd Vintron Informatics Ltd. Virgo Global Media Ltd Virinchi Technologies Ltd Virtualsoft Systems Ltd Virtusa Visesh Infotecnics Ltd Vishal Information Technologies Ltd VJIL Consulting Ltd VMF Soft Tech Ltd VXL Instrument VXL Instruments Ltd W Washington Softwares Ltd Watson Software Ltd Wipro Infotech Ltd

Women Networks Ltd. X XO Infotech Ltd. Y Yodlee Infotech Yokogawa India Ltd Z Zenith Computers Ltd. Zenith Infotech Ltd Zigma Software Ltd
/// Investments Indian IT's core competencies and strengths have placed it on the international canvas, attracting investments from major countries.

Between April 2000 and June 2013, the computer software and hardware sector attracted cumulative foreign direct investment (FDI) of Rs 53,757.60 crore (US$ 7.97 billion), according to data released by the Department of Industrial Policy and Promotion (DIPP).

More recently, online retailing, cloud computing and e-commerce are the major driving forces behind the rapidly increasing growth in the IT industry. Online shopping has increased with the emergence of internet retailing and e-commerce.

Some of the major investments in Indian IT and ITeS sector:

Baring Private Equity Partners Asia plans to buy IT services firm Hexaware Technologies in a deal estimated at about US$ 400 million Cognizant has been selected by the Saudi Electricity Company (SEC) to develop a comprehensive billing and revenue management solution based on SAP utilities enterprise software to meet the functional, technical, and operational requirements of SEC's rapid growth Prisma Global has acquired majority stake in German technology venture Prisma Gmbh for about Rs 27 crore (US$ 4.00 million). The company will now own the Intellectual Property (IP) of technologies developed by the German firm Wipro Ltd have secured a large IT outsourcing contract worth US$ 500 million from the US-based financial services company Citigroup. Wipro will be responsible for application development and maintenance, as well as providing infrastructure management services, for Citi's global operations Tech Mahindra has signed a five-year agreement with UBS Fund Services (Luxembourg) (UBS FSL) for its new platform, Tech Mahindra Managed Data Services (MDS), designed to support asset managers, wealth managers, investment banks, custodians and administrators. The companys Brazilian subsidiary Complex IT has also signed two deals to deliver enterprise solutions for oil and gas, and banking sector //

As per Nasscom experts, the top 5 players in both the IT and ITeS sectors are -: 1) TCS: Tata Consultancy Services: Is a software services and consulting company headquartered in Mumbai. TCS is the largest provider of information
technology and business process outsourcing services in Asia. Revenue: $6.3 billion
The Indian software industry is set to keep up its growth rate despite the slowdown in the economy. The National Association of Software and Services Companies (Nasscom) has forecast a strong outlook for FY08-09 strong with software and services revenue seen growing by 21-24 per cent. The software and services exports are set to hit the $50 billion-mark. The software and services exports segment grew by 29 per cent (in USD) to register revenues of $40.4 billion in FY07-08, up from $31.4 billion in FY06-07. The domestic segment grew by 26 per cent (in INR) to register revenues of $ 11.6 billion in FY07-08. According to the latest Nasscom rankings, Tata Consultancy Services Ltd., Infosys Technologies Ltd. and Wipro Technologies Ltd are the top 3 revenue generators in India. Check out the top ten players in the Indian IT industry. TCS Founded in 1968, TCS is one of India's largest corporate houses. It is also India's largest IT employer with a staff strength of 111,000 employees. The company began as a division of the Tata Group, called the Tata Computer Centre. Its main business was to offer computer services to other group companies. Soon the company was spun off as Tata Consultancy Services after it realised the huge potential of the booming IT services.

The company posted a consolidated net profit of Rs 1,290.61 crore (Rs 12.90 billion) for the first quarter ended June 30, 2008, an increase of 7.3 per cent compared to the year-ago period. Its annual sales worldwide stands at $5.7 billion for the fiscal year ending March 2008. During the year 2007-08, TCS' consolidated revenues grew by 22 per cent to Rs 22,863 crore ($5.7 billion). S. Ramadorai, is the chief executive officer and managing director of TCS. TCS is IDC-Dataquest IT best employer in IT services in 2007. TCS also topped DataQuest DQTop 20 list of IT service providers in 2007.

2) Wipro: A giant information technology services corporation headquartered in

Bangalore. It has interests varying from information technology, consumer care, lighting, engineering and healthcare businesses Revenues: $4.3 bn BPO revenues: $465 mn
What started off as a hydrogenated cooking fat company, Wipro is today is a $5 billion revenue generating IT, BPO and R&D services organisation with presence in over 50 countries. Premji started Wipro with the 'idea of building an organisation which was deeply committed to values, in the firm belief that success in business would be its inevitable, eventual outcome'. The company has over 72,000 employees. Wipro's revenues grew by 33 per cent to Rs 19,957 crore (Rs 200 billion) for the year ended March 31, 2008. The net profit grew by 12 per cent to Rs. 3,283 crore (Rs. 32.83 billion). The revenues of the combined IT businesses was $4.3 billion with 43 per cent YoY growth. Wipro was the only Indian company to be ranked among the top 10 global outsourcing providers in IAOP's 2006 Global Outsourcing 100 listing. Wipro has also won the International Institute for Software Testing's Software Testing Best Practice Award.

3) Infosys: Infosys Technologies Limited is an information technology services

company headquartered in Bangalore. Infosys is one of the largest IT companies in India with 113,796 employees (including subsidiaries) as of 2010. Revenues: $4.8 bn BPO revenues: $294 mn
Infosys Technologies Ltd was started in 1981 by seven people with $250. Today, the company boasts of revenues of over $ 4 billion and 94,379 employees. Under the leadership of N R Narayana Murthy, the company has become a global brand. The company is now headed by Kris Gopalakrishnan. The income for the quarter ended June 30 2008 was Rs 4,854 crore (Rs 48.54 billion). The net profit stood at Rs 1,302 crore (Rs 13.02 billion). Forbes magazine named Infosys in its list of Global High Performers. Waters magazine rated Infosys as the Best Outsourcing Partner. The Banker magazine conferred two Banker Technology Awards on Infosys to acclaim its work

in wholesale and capital markets in two categories - Payments and Treasury Services, and Offshoring and Outsourcing. The International Association of Outsourcing Professionals (IAOP) ranked Infosys at No. 3 in its '2008 Global Outsourcing 100'.

4. Satyam Computer Services

July 17, 2008

Established in 1987 by Ramalinga Raju, Satyam has a staff strength of 51,000 employees. In 2008, the company's revenues crossed the $ 2-billion mark. 'A simple, yet extensive management model to create value, which promotes entrepreneurship, a focus on the customer, and the constant pursuit of excellence,' is the company's mantra for success. In FY2008, its revenues saw a growth of 30.7 per cent to Rs 8,473.49 crore (Rs 84.73 billion) compared to fiscal 2007. The net profit stood at Rs 1,687.89 crore (Rs 16.87 billion), a growth of 20.2 per cent over fiscal 2007. Satyam is among the youngest IT service companies to reach $1 billion in annual revenues. It is ranked No. 1 in the ASTD (American Society for Training and Development) BEST Award, 2007.

5. HCL Technologies
July 17, 2008

HCL is a leading global technology player with annual revenues of $4.9 billion. The HCL Enterprise comprises two companies listed in India, HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of 'India's original IT garage start ups'. The HCL team comprises 53,000 professionals of diverse nationalities, operating across 18 countries. At a time when India had a total of 250 computers, Shiv Nadar led a young team which passionately believed in the growth of the IT industry. Three decades later, he succeeded in creating a $ 4.9 billion global enterprise. The company has reported consolidated revenue of Rs 3017.5 crore (Rs 30.17 billion) during the quarter ended March 31, 2008. The profit after tax stood at Rs. 81.5 crore (Rs 815 million).

6. Tech Mahindra
July 17, 2008

Tech Mahindra was incorporated as a joint venture between Mahindra & Mahindra and BT plc in 1986 under the name of 'Mahindra-British Telecom'. Later, the name was changed to 'Tech Mahindra', in order to reflect the diversification and growth of the client base and service offerings. The company was incorporated in 1986. Tech Mahindra is a global systems integrator and

business transformation consulting firm focused on the communications industry. At the helm of the fast expanding organisation is Vineet Nayyar. In a career spanning over 40 years, he has worked with the government, international multilateral agencies and the corporate sector. Tech Mahindra's net profit rose 8.57 per cent to Rs 196.4 crore (Rs 1.96 billion) on 6.09 per cent growth in net sale to Rs 911.6 crore (Rs 9.11 billion) in Q3 December 2007 over Q2 September 2007.

7. Patni Computer Systems

July 17, 2008

Patni Computer Systems Ltd one of the leading global providers of information technology services and business solutions. The company has clients across the Americas, Europe and Asia-Pacific locations. The company has serviced more than 400 Fortune 1000 companies, for over two decades. Patni Computer Systems Limited was incorporated on 10 February 1978 under the Companies Act, 1956. On 18 September 2003, the Company converted itself from a private limited company into a public limited company. The company headed founded by Narendra K Patni by has a staff strength of over 14,000 professionals. The revenues for the quarter ended March 2008 stood at $ 176.4 million (Rs. 7,061.2 million) up 13.1% YoY from $ 156.0 million (Rs. 6,724.1 million). The net income for the quarter at US$ 18.1 million (Rs. 724.6 million) down 35.0 per cent YoY from $ 27.8 million (Rs. 1,200.3 million).Frost & Sullivan ranked Patni 1st among 'Top 5 Engineering Service Providers'.

8. i-flex Solutions
July 17, 2008

iflex started as a division of Citicorp (now Citigroup), wholly owned subsidiary called Citicorp Overseas Software Ltd. (COSL) in 1991. Later, a separate company Citicorp Information Technologies Industries Ltd. (CITIL) was formed and Rajesh Hukku was appointed as its head. CITIL started off with the universal banking product, MicroBanker which became very successful. In the mid-90s, CITIL developed Flexcube at its Bangalore development centre. After the launch of Flexcube, all of CITIL's transactional banking products were brought under a common brand umbrella. CITIL changed its name to i-flex solutions to reflect its growing independence from Citicorp and to strengthen its Flexcube brand. In 2006, i-flex became a majority-owned subsidiary of Oracle Corporation i-flex posted a top line growth of 8 per cent QoQ with revenue for the quarter ended March 31, 2008 at Rs 672 crore (Rs 6.72 billion) as compared to Rs 601 crore (Rs 6.01 billion) for the corresponding quarter during the previous year representing a 12 per cent YoY growth. The net income for quarter stood at Rs 185 crore (Rs 1.85 billion) representing 73 per cent growth QoQ. The revenue for the full year ended March 31, 2008 stood at Rs 2,380 crore (Rs 23.80 billion), up 15 per cent as compared to the previous year.

9. MphasiS

July 17, 2008

MphasiS Limited was formed in June 2000 after the merger of the US-based IT consulting company MphasiS Corporation (founded in 1998) and the Indian IT services company BFL Software Limited (founded in 1993). Jeya Kumar is CEO of MphasiS, which has a staff strength of 27,000 people. For the year ended 31 March 2008, the MphasiS Group recorded revenues of Rs 2,423 crore (Rs 24.23 billion), a growth of Rs 662 crore, which is 38 per cent over the previous year. The net profit increased by 42 per cent from Rs 180 crore (Rs 1.8 billion) to Rs 255 crore (Rs 2.55 billion) during the year ended 31 March 2008. MphasiS was named among amongst the Top 100 Companies in Global Outsourcing.

10. L&T Infotech

July 17, 2008

L&T Infotech is a global IT services and solutions provider. It is a subsidiary company of is Larsen & Toubro Ltd. (L&T), an engineering, manufacturing and construction conglomerate, with global operations. A M Naik is the chairman of the company. Originally founded as L&T Information Technology Ltd (LTITL), a whollyowned subsidiary of Larsen & Toubro Ltd (L&T), the company changed its name to L&T Infotech on 1st April, 1997. In 2004, it tied up with Fidelity Information Services, a division of Fidelity National Financial to provide banking solutions for the Indian banking industry. In 2007-08, L&T had recorded revenues of Rs 29,600 crore (Rs 296 billion).

Top 10 IT companies in India commands over 95% market share of Indian IT Services Industry (Software excluding hardware) in 2011.

Company TCS Infosys Wipro Cognizant^ HCL Tech Mahindra Satyam Tech Mahindra Mphasis Ltd* iGatePatni^^ Oracle Fin Rolta Polaris Mindtree NIIT Tech Hexaware*

FY 11 Revenue in Crores 37,325 27,501 23,606 20,655 15,730 5,145 5,140 5,037 4,403 2,360 1,805 1,586 1,509 1,232 1,054

Market share 24.9 18.3 15.7 13.8 10.5 3.4 3.4 3.4 2.9 1.6 1.2 1.1 1.0 0.8 0.7

In 1975, watching a movie in the theatre was a big deal for Mr. Gupta. There was the cumbersome process of finding the show timings, waiting in the long queue for the tickets, and yet face the risk of seeing the Housefull board when his turn came. In 2010, Sandeep, his son, surfs the web, visits the online booking site, finds different movies, checks their reviews, checks shows timings available, books the tickets online through his card and reaches the multiplex just in time for the movie!! This is the power of Information Technology (IT) which enables two-way communication between consumers and the enterprise. Improved IT infrastructure like ATMs and online payments have done away with the hassles of carrying big chunks of cash in your pocket while travelling

So, what exactly does IT cover? Anything involved with software, computers, networks, intranets, Web sites, servers, databases and telecommunications falls under the IT umbrella. IT is the technology that helps companies store, process and flow data within an organization. This sector ultimately serves other sectors like Banking, Manufacturing, Telecom, Hotels, Hospitals etc. to improve their efficiency and increase their revenues via customer satisfaction.

1. ITSoftware These companies help in developing and implementation of different software for their clients worldwide. These software could be for documentation, security services, banking softwares etc. 2. ITeS Business process outsourcing (BPO) Major Corporations across the world outsource their back-office operations to some companies. E.g. Employee payroll for a US companys global workforce is maintained by an Indian BPO. Slowly the definition is expanding to Human resources, accounting, logistics, legal processes etc. 3. IT- Hardware and peripherals - The stuff you can actually see and touch, and would likely break if you threw it out a fifth-story window, is hardware. This would include laptops, desktops, Storage devices, Networking devices, LCD, printers etc. 4. IT- Education This segment provides training for employment in the other segments. This would include companies providing various certification courses, like Java, Oracle etc. These companies also provide training for employees in corporate sector. Recently, some companies have also expanded this service to cater to schools and colleges. This sector has made significant contributions to Indias economic growth in terms of GDP increase, foreign exchange earnings as well as employment generation. Its contribution to GDP has increased tenfold in last decade, from 0.6% to 6% till 2009-10. The sector has helped India transform from a rural and agriculture-based economy to a knowledge-based economy. Besides this, the lives of people have been positively influenced by direct or indirect contribution of IT sector to various parameters such as employment, standard of living, per-capita income etc.

In India, the IT Software segment has seen significant growth and has put India on the global map. It contributes for almost 75% of the total revenues of the IT sector. Though Hardware enjoys second place in terms of market share in India, it is quite low as compared to global benchmark. The BPO segment has grown well and is expected to make a footprint in the IT Sector. Functioning of Software segment is explained pictorially in the figure below:

The software sector is service-oriented and thus the products offered are tailored to the requirement of its client. Hence, major input costs are those of human resources (forming almost 40% of the total costs) and research and development. Companies understand the requirements of clients and the product is developed accordingly. In the last ten years the IT sector in India has grown at an average annual rate of 28%. India has emerged as the preferred destination for IT services owing to the cost advantage and talent pool. India accounts for almost 51% of the global sourcing market. Exports contribute around 75% of the total revenue of the IT sector in India. However due to increased export-orientation and lesser domestic consumption the sector suffered major hit in the recession that shook the globe in 2008-09. In the year 2010, different economies began seeing recovery, but at varying pace. Indian companies have subsequently begun tapping other geographical markets and domestic consumption has also relatively increased. Lets see how each of the segments of the IT sector have fared in the past.

Comparing the Top Players

As can be seen from the table above, Educomp Solutions has clocked the highest Sales CAGR of 99% in the past five years, followed by HCL Infosystems (50%), Infosys (24%) and Wipro (22%). However, the highest margins are enjoyed by the software majors Infosys (28%), closely followed by Educomp (27%) and TCS (24%). followed by Educomp (27%) and TCS (24%).