Have an absolutely rocking year ahead!
P.S
New Year Resolutions:
http://pittsburgh.about.com/od/holidays/tp/resolutions.htm
A look at the top five trends that will stand out in 2010.
This decade has been one of the most crucial for the technology sector. It was feared that the start of the new millennium would be blighted by computers all over the world blanking out. Reason: computers were programmed to understand the binary database, which meant they would not recognise 2000. But it proved to be much ado about nothing and everything went well when the clock struck midnight on January 1, 2000.
Instead, now we have a thriving $60 billion (Rs 280,000 crore) Indian outsourcing industry, which got a big boost due to the Y2K problem. The industry registered a growth rate of 40-50 percent in the first half of the decade.
Both Y2K and the global economic slowdown (that started in 2008) highlighted that technology has moved away from the purview of a select team of IT managers to the core of business.
In terms of technology, 2009 has been a crucial period for India, even as we wait for some of the regulatory hurdles to be cleared — such as 3G. It was a year when not only form factors morphed but also boundaries between gadgets blurred. As global warming hit the headlines, IT made its presence felt with Green IT initiatives kicking in. 2009 also saw tech jargon like cloud computing make business sense. Social networking sites impacted consumers and enterprises alike.
2010 will further enhance the usage of some of these technologies many of which will define the next decade. Business Standard talks about five top technology trends.
Wireless technologies: The wait continues
The wait for 3G continues with batted breath into 2010 as well, with the news coming in that the auction process has been delayed by a month. The auction is likely to happen in February. Meanwhile the reserve price for 3G spectrum has been fixed at Rs 3,500 crore, while that for WiMax services at Rs 1,750 crore .
So far, 3G services have already been launched by state-owned Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL), although neither has yet developed a major 3G customer base.
The delay has led to a debate within the industry that operators might just want to skip 3G and wait for 4G. Long Term Evolution (LTE) or 4G seems better equipped to quench the bandwidth and user experience thirst of the emerging breed of wireless applications. Along with 3G, WiMAX (Worldwide Interoperability for Microwave Access) also got delayed. Experts hope that 2010 will be the year when these doubts would be laid to rest.
But despite the delay, with 500 million users the mobile subscriber base continues to grow and the telecom sector is briskly marching towards robust growth in 2010. According to a Morgan Stanley report, mobile internet users are set to outnumber those going online via desktop technology in the next five years.
Convergence: All in one
Carrying multiple gadgets for different purposes is so last decade. Today, a mobile phone can do the work of a computer, a computer can double up as a TV and a TV can be used to play out digital content from a gaming console or videos from a digital camera. In short, every gadget is pumped up to do more than what it is supposed to do.
But the biggest change in 2009 was that, in place of separate devices for information processing (computers), communication (telephones) and audio/visual reproduction (cameras, recorders, TVs and radios), we began using handheld devices that combine all of these functions and dwarf the capabilities of computers.
In the coming year get ready to experience smartphones with built-in projectors, cameras of 12 or more megapixel resolution, more storage memory on devices and a battery back-up of over 16 hours. Players that are positioning themselves as suppliers of converged devices include Samsung, Acer, Toshiba and Asus.
Green IT: Colour for 2010
Green IT, until now preached more than practised, will be a keen area of focus. Springboard Research in a recent survey pointed out that fewer than 10 percent of enterprises in Asia have formally implemented a Green IT strategy.
However, a majority of enterprises including IT majors — TCS, Infosys, Wipro — have taken steps to implement Green IT at their end. Wipro, for instance, is planning to reduce its carbon footprint from the present 3.96 tonnes per employee to 2.5 tonnes in the next five to seven years. Global firms like IBM, Cisco and HP have already initiated steps to reduce their carbon footprint.
Analysts also say that the initial uptake for Green IT would be from a cost efficiency point. The study’s findings also indicate that the market also needs aggressive education as nearly 15 percent of respondents claimed that they did not know how or where to begin with regard to Green IT.
Cloud Computing: Finally gets formed
Cloud Computing saw some good on-ground activity from many IT players and hence continued to be a buzz-word during 2009. Recession just gave it the desired push, with cost-saving features as the biggest agenda on CIOs’ lists.
Over the next five years, IDC expects spending on IT cloud services to grow almost threefold, reaching $42 billion by 2012. Spending on cloud computing will accelerate throughout the forecast period, capturing 25 percent of IT spending growth in 2012.
Some of the concepts of cloud computing that saw momentum in terms of adoption in India were software-as-a-services (SaaS), Platform-as-a-services (PaaS) and infrastructure-as-a-service (IaaS).
Adoption among enterprises is still very low. But clearly a few IT services players are pegging this as the best approach to cater to small and medium enterprises (SME). TCS, which announced its foray into the SME segment with ITaaS over a year ago, has close to 60 customers. Bangalore-based Wipro has clearly chosen this route to increase its footprint among SMEs.
Social networking: Tweet your company status
Blame the recession or the need to cut costs, but Indian companies are latching on to social media to engage with end-users and clients. Social networking sites like Twitter, Facebook and YouTube are no longer just the purview of GenX. 2009 saw baby steps being taken in the adoption of these sites by companies.
2010 could see the increased use of these sites for branding and marketing. The two joint CEOs of Wipro Technologies, Girish Paranjpe and Suresh Vaswani, are expected to become active on Twitter. S Ramadorai, vice-chairman of TCS, is already on Facebook, and a majority of IT firms including MindTree are on the professional networking site Linkedin.
This despite the fact that, as per a recent Assocham survey, social networking sites cause 12.5 percent loss of employee productivity in the corporate sector.
1999 - The biggest inflection point was the role Indian companies played in combating the so-called millennium bug. TCS, Wipro and others become trusted partners for companies worldwide seeking to achieve Y2K compliance
Infosys achieves $100 million in revenues, lists on Nasdaq.
India’s outsourcing industry grows to $4 billion 2000-2001 - Indian IT industry moves from Y2K to complex e-business projects
Dewang Mehta, who helped Indian IT industry grow in its early years, dies.
Kiran Karnik takes over as Nasscom head
US increases H1B visa limit to 1,95,000, the highest ever
Wipro lists on NYSE
2002-2003 - NR Narayana Murthy steps down from Infosys and Nandan Nilekani takes over
Post the dotcom bust, companies such as DSQ Software, Pentafour and Silverline perish
2004-2005 - TCS lists on BSE
Large customers start offshoring ERP-based projects.
Infosys becomes a $1-billion company, Wipro too crosses $1 billion in revenues
GE sells 60% in GECIS — the back office pioneer — to private equity firms.
The Indian BPO industry starts growing rapidly
IBM, Accenture and HP start developing their Indian offshore presence to make them their largest operations outside the US
2006-2007 - Indian IT becomes a $31-billion industry
Protectionism in top export markets forces Indian IT companies to start hiring locals
2008-2009 - Infosys’ revenues cross $4 billion. Nilekani joins the government as chairman of the Unique Identity Authority of India
HCL acquires UK’s Axon for £441.1 million, the biggest ever acquisition for Indian IT
Satyam founder Ramalinga Raju admits to over $1-billion fraud. Tech Mahindra acquires Satyam
TCS’ annual revenues cross $6 billion. N Chandrasekaran takes over from S Ramadorai as chief executive
The big bang
Newer rivals such as Salesforce.com, apart from new business models such as software-as-a-service will force Indian information technology companies to shift gears. While the past decade has been driven primarily by demand for lower-cost offshore services, the decade ahead will challenge the Indian outsourcing industry to think of the ‘next big disruption’.
Globalisation will be another big challenge, wherein the Indian IT industry will need to address political sentiments and protectionism by hiring more local professionals in the top export markets of US and Europe. Over the next 5-10 years, India’s top tech firms aim to have at least 20% of their workforce of non-Indian origin.
He called his generals and said, "I will depart from this world soon. But I have three wishes. Please fulfill my wishes without fail." With tears flowing down their cheeks, the generals agreed to abide by their king's last wishes.
“My first desire is that,” Alexander said, “my physicians alone must carry my coffin.” “Secondly, when my coffin is being carried to the grave, the path leading to the graveyard should be strewn with gold, silver and precious stones which I have collected in my treasury. My third wish is that both my hands should be kept dangling out of my coffin.”
The people who gathered there wondered at the king’s strange wishes. But no one dared to question. Alexander’s favourite general kissed his hand and pressed them to his heart. “O king, we assure that your wishes will all be fulfilled. But tell us why do you make such strange wishes?”
At this Alexander took a deep breath and said, “I would like the world to know of the three lessons I have just learnt. I want my physicians to carry my coffin because people should realize that no doctor can really cure anybody. They are powerless and cannot save a person from the clutches of death. So let not people take life for granted.
The second wish of strewing gold, silver and other riches on the way to the graveyard is to tell people that not even a fraction of gold can be taken by me. Let people realize that it is sheer waste of time to chase wealth.
And about my third wish of having my hands dangling out of the coffin, I want people to know that I came empty handed into this world and empty handed I go out of this world.”
Alexander’s last words: “Bury my body, do not build any monument, keep my hands outside so that the world knows the person who won the world had nothing in his hands when dying.”
Sent by: T.S.Divya
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