Categories: Technology

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.

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.