Information Technology / IT Enabled Services (IT/ ITES)

The IT sector has been India's sunshine sector for quite some time now. The industry has contributed considerably to changing India's image from a slow developing economy to a global player in providing world class technology solutions. According to the IBEF (India Brand Equity Foundation) figures, the Indian IT industry is set to touch $225 billion by 2020. The outsourcing industry too is looking towards India and is expected to be a $2.5 billion industry in coming years.

Newly emerging trends & technologies like cloud computing, mobile applications, social media & data analytics give rise to new opportunities in this sector.

Few Technologies that will dominate in the coming years:

Machine Learning
Machine learning has taken some massive strides forward in the past few years, even emerging to assist and enhance Google’s core search engine algorithm. In the coming years, machine learning updates emerge across the board, entering almost any type of consumer application you can think of, from offering better recommended products based on prior purchase history to gradually improving the user experience of an analytics app.

Humanized Big Data (visual, empathetic, qualitative)
This variant uses mass quantities of gathered data which can be access to can help us in everything from planning better medical treatments to executing better marketing campaigns. In coming years, we will see advancements to humanize big data, seeking more empathetic and qualitative bits of data and projecting it in a more visualized, accessible way.

Physical-Digital Integrations
Mobile devices have been slowly adding technology into our daily lives. It’s rare to see anyone without a smartphone at any given time, giving us access to practically infinite information in the real-world. We already have things like site-to-store purchasing, enabling online customers to buy and pick up products in a physical retail location, but the next level will be even further integrations between physical and digital realities.