Swot Analysis Of Information Technology
Information Technology Industry Analysis Report
Subject : Corporate Strategy Submitted to : Prof. Mr. Sathish
Submitted by
Jenani C Lalithprasad(12MB10)
Information Technology Industry Profile
Information Technology industry was one of the significant reason that bought Indian economy into the limelight of the global attention. For almost a decade, boom or fall of IT industry had an adverse effect on our economy. Information Technology had provided the employment opportunity and also improved the standard of living across the country (directly or indirectly). Of course, the political policies, policy
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Currently the business is operated across the globe in 46 countries other than India. The company was founded in 1968 by Tata Sons ltd. TCS is now positioned as the ‘Big Four’ most valuable IT services brands worldwide. In 2013, Forbes magazine has ranked TCS is Forbes World 's Most Innovative Companies , making it both the highest-ranked IT services company and the first Indian company. The company is the world 's 10th largest IT service provider in terms of the revenue. The current CEO of TCS is Chandrasekaran …show more content…
Orientation of education system in India also greatly contributes to the labour force of the industry. They offer the low prices for the education
2. Demographic profile of the population also has the impact on the industry based on the large availability of age group of working sector people.
Technological Factors
1. Technology up gradation in India is so faster due to the global exposure, thus posing the great challenge to the IT industry to come up with the new innovations.
2. Cloud computing is still explorabe topic with lot of opportunities.
Environmental Factors
1. Carbon footprint reduction, green building etc are many initiatives taken up by the IT industry to compensate for their impact on environment.
2. Eco- conservation and protection initiatives have been taken up by many companies and is evident in their sustainability report.
Legal Factors
1. Indian labour law is flexible and no community or union of labours are available in the IT sector as in the communist countries.
2. Hacking , cyber crime has also grown with the advancement in the technology. But still the government has stringent regulations on this regards though the Information Technology Act, 2000. This act lays more importance to the information security.
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