IT sector in India should be prepared to be part of a SCAM in 2014
Loved the title in today’s Economic Times “Why 2014 will be the year of SCAM” – with so many scams around us why shouldn’t IT industry be part of a SCAM – Social, Cloud, Analytics, Mobility – to succeed?
Some highlights from the article,
The $110-billion technology services sector looking for new growth engines will be shouting SCAM in 2014
Social, cloud, analytics with big data and mobile are interlinked.
IT companies want solutions that cut across the SCAM areas.
Gartner expects SCAM business to be worth $104 billion, contributing about a fourth of business software revenue by 2017.
Globally, by 2015 there will be 5 billion mobile devices, and mobile app revenues alone will be $52 billion. Social media will have 1.5 billion users globally. That alone will be a $34-billion opportunity.
IDC sees mobile, cloud services, social networking, big data and analytics help drive a 5% jump in global technology spending in 2014 to $2.1 trillion.
According to ad-buying agency Magna Global Ad-spending growth will see a slowdown in 2017. Few highlights from their report, The global ad business will see a slowdown to 3.6% spending growth in 2017 The global ad business growth was projected growth for 2016 was 5.7% U.S. ad sales will see 1.7% growth…
Lot of things happened in India in the telecom sector - 2G scam, MNP (Mobile Number Portability), rise in smart phone usage, profits of telecom companies shrinking. For details see "Spectrum of troubles in 2011 for telecom industry". The main table from the article has been captured here. Broadband has…
According to "Digital Disruption’s Impact on Business" mobile and Facebook’s have a huge impact on digital business today. The number of mobile-connected devices will exceed the world’s population in 2012. 4.8 billion people worldwide own mobile phones, with 1.2 Billion mobile web users. 4.8 billion people worldwide own mobile phones,…
In "Mobile"
BG Mahesh
Internet application ideator and implementor. Been there and done that since early 1990s. I like to present data to the common man in the simplest manner on the internet.