1. A Project Presentation On
IT INDUSTRY IN INDIA:INNOVATION
Presented By:
Akshay Mahajan
Project Guide:
Mrs. Vani Mem
CMC Academy Baroda
Presented To
2. Agenda
Sr. No Particular Page No
1 What Is Innovation? 2
2 Why Is Innovation Important ?
2 Dimensions Of Innovation 3
3 New Conditions For Innovation 4
4 Where are we Heading to? 5
5 It Sector Growth (Revenue) Trend 6
6 It Sector Job Trend & Projection 7
7 IMS Market Potential Vs. Job Opportunity 8
3. What is Innovation ?
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Defination:
” Innovation is the profitable implementaion of
ideas”.
OR
”The development new ideas and their economic
application as new product or process”
4. What is Innovation ?
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Innovation involves the whole process from opportunity
identification, ideation or invention to development,
prototyping, production marketing and sales, while
entrepreneurship only needs to involve commercialization
(Schumpeter).
Schumpeter argued that innovation comes about through new
combinations made by an entrepreneur, resulting in
a new product,
a new process,
opening of new market,
new way of organizing the business
new sources of supply
5. Why Is Innovation Important ?
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If an established organization, which in this age necessitating
innovation, is not able to innovate, it faces decline and
extinction
Innovation creates growth,increases productivity ,and econo-
mical wealth.
Innovation provides better product and services at a cheaper
price higher standard of living.
6. Dimension Of Innovation
There are several types of innovation
1. Process
2. product/service
3. Strategy
Which can vary in degree of newness:
Incremental to radical,
And Impact
Continuous to discontinuous
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7. New Condition For Innovation
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Small start-up entrepreneurs increasingly depend on
large firms:
as suppliers or customers
for venture finance,
for exit opportunites,
for knowledge (production, markets and
R&D)
and for opening new markets.
8. New Condition For Innovation...
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Large firms increasingly depend on small start-ups
As suppliers of new knowledge (which they
cannot develop themselves),
An organizational renewal, for experimentation
with busienss models,
for opening new markets, etc
9. Where are we Heading to ?
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Earlier We used to run inside the house, to receive
the call
10. Where are we Heading to ?
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With Mobile innovation emergence:
Now we run out side the house for better coverage in spite
Of big coverage and technologies.
11. 5CMC Academy Baroda
Innovation New Issue And Problems
Today it is said to involve the capacity to quickly adapt by adopting new
innovations (products, processes, strategies, organization, etc).
Greater emphasis on commercializing scientific discoveries, particularly in IT
and the bio-sciences.
Speed and potential value of scientific progress leads to emphasis on solid and
well-designed portfolios of research projects.
Universites as active drivers of innovation: Academic entrepreneurship and the
entrepreneurial university.
University-industry partnerships.
Increased search for radical innovation and top-line growth.
12. IT SECTOR GROWTH (REVENUE) TREND
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IMS is emerging as a key growth driver for the Indian IT industry. According to NASSCOM,
the global IT IMS market is estimated to be worth US$ 26–28 billion,
13. 7
IT SECTOR JOB TREND & PROJECTION
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-
500,000.00
1,000,000.00
1,500,000.00
2,000,000.00
2,500,000.00
3,000,000.00
IT Employment Trend
-
50,000.00
100,000.00
150,000.00
200,000.00
250,000.00
300,000.00
350,000.00
400,000.00
450,000.00
500,000.00
Incremental Resource Requirements & Trend
Nasscom, Y2005
Net Increase of
14 Lakhs Jobs in
5 Yrs
14. 8
IMS MARKET POTENTIAL VS. JOB OPPORTUNITY
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70-75% of infrastructure management roles can be offshored.
US$26-28 billion of the opportunity to be realized by 2013; over 30% CAGR
India is well positioned to capture $13-15 billion of the global opportunity by
2013; over 30% CAGR
The Rising Remote Infrastructure Management Opportunity: Establishing
India’s Leadership – Nasscom & McKinsey Report 2008
140,000 are currently available, indicating a deficit of more than 50,000
professionals. Economic Times
International
- $26 to 28bn by
2013
(30% CAGR)
India Domestic
Market Size -
$4bn by 2013
(30% CAGR)
US$ 96 to 104 billion
Global Market Size
Addressable market size of
USD30 to 32bn by 2013
15. BIBLIOGRAPHY
References:
1. ASP.NET 4 Unleashed - Stephen Walther.
2. System Analysis and Design - Falguni Suthar.
3. Microsoft Asp .Net 3.5 Professional Edition
.
Websites
1. www.AspNetSuresh.com
2. www.sourcecode.com
3. http://stackoverflow.com
4. http://www.slideshare.net/Brokenbulbs/understand-innovation-in-5-minutes
5. http://www.paggu.com/getting-into-roots/what-is-innovation-why-innovation-is-important/
6. http://www.researchgate.net/post/Conceptualizing_the_innovation_process_issues_and_problems
7. http://thinketg.com/why-innovation-is-so-important/
8. http://www.123rf.com/photo_25099699_innovation-street-direction-sign-cloudy-sky-in-the-background.html
9. http://www.designerstone.co.uk/terms-condition
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