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A NASSCOM survey showed that SMAC could account for more than 20% of revenues of Indian IT companies by 2020,
phenomenally higher than 5% in 2014.
A survey by TeamLease points at the huge employment potential in the SMAC domain. At present, most of the SMAC
hiring is done by IT and e-commerce companies and startups. Since SMAC is going to revolutionise business models
across corporate India, other sectors are also likely to embrace it, creating a large number of new jobs.