Advertisment

The worst period is over: Directions 2003

author-image
DQC News Bureau
Updated On
New Update

The 15th Annual ICT industry briefing session "Directions 2003",

organized by IDC India, was recently held at Bangalore. The day-long seminar was

an attempt to provide participants an opportunity to interact with experts who

shared their experiences and comprehensive research data with regard to

respective forecast about future outlook for the global IT industry .

Advertisment

The seminar was divided into three parts beginning with the keynote which had

the theme ‘Strategic management’. Track one was on ‘Towards a networked

world’ and the track two session was on ‘Services as the new center of

competition’.

Pradeep Gupta, MD, IDC (India) Ltd in his keynote on ‘IT Leadership for the

Rebound: Transitions Ahead’ dwelt on the different ups and downs which the

global industry had undergone through during the year 2001. He said that the

slowdown was aggravated by the September 11, 2001 events.

 Optimistic

about opportunities in business integration, mobile, wireless, new

computing architectures and security

Pradeep

Gupta, MD, IDC India

Advertisment

He expressed that the IT industry had undergone similar situations in the

past also but every slowdown had brought along with it a rebound. Similarly, he

said that the worst period was over and there were opportunities in business

integration, mobile and wireless, new computing architectures and security.

"The rebound has started, the feel-bad factor is no longer there and the

new leadership requirements will create marketshare changes," said Pradeep

during his presentation.

Speaking on the topic ‘Fuel for the Rebound: Asia’s new web’, Dane

Anderson, VP-Computing Products and Internet, IDC Asia-Pacific, remarked that

the coming years would see a tremendous spurt in e-Business specially in the

APac region, China, Korea and India.

Giving a comprehensive overview about China’s economic growth and

particularly of the IT industry, Ravi Sangal, President, IDC (India) Ltd, while

speaking on the topic ‘China, IT and WTO - How real is the threat?’,

remarked that China’s industrial growth had witnessed a high growth of 19

percent in the year 2001 despite the slowdown and had the largest IT marketshare

apart from Japan in the APac region. Ravi said that the growth in IT was

expected to increase further from 28.3 percent to 38.5 percent by 2006. He also

dwelt on the potential threat, which China posed to the Indian IT industry.

CYBER NEWS SERVICE

Advertisment