7 January 2007
IT services and business process outsourcing (BPO) exports from India are likely to report about 26% growth to log $33.4 billion in 2007 as against $26.5 billion in 2006.
This includes revenues from captive operations, MNCs & Indian pure play third party service providers. According to projections by consulting firm NeoIT, the software and related services exports are likely to post $20.8 billion in 2007 against $17.1 billion in 2006, a growth of 21.6%. The BPO space is predicted to grow at a faster rate of 34% to gross $12.6 billion in 2007 compared to $9.4 billion last year. " Analysts tracking the sector feel that the current trend of breaking large deals into smaller contracts between several players will continue this year as new battle-lines are drawn in the $100-500 million deal space. According to Forrester, the focus would shift from cost and technology to business outcomes
This includes revenues from captive operations, MNCs & Indian pure play third party service providers. According to projections by consulting firm NeoIT, the software and related services exports are likely to post $20.8 billion in 2007 against $17.1 billion in 2006, a growth of 21.6%. The BPO space is predicted to grow at a faster rate of 34% to gross $12.6 billion in 2007 compared to $9.4 billion last year. " Analysts tracking the sector feel that the current trend of breaking large deals into smaller contracts between several players will continue this year as new battle-lines are drawn in the $100-500 million deal space. According to Forrester, the focus would shift from cost and technology to business outcomes
So one can pick midcap it stocks who main revenue comes from bpo business nuclues softwear who is going to expand its bussiness in japan and europe is good pick at current level, patni comp , hcl technology infotec enterprices and tulip it we recomanded at current levels and in big boys we like infosys saytam wipro tcs
by erectusplus at 08:15:00 |
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