how IT BPM industries are organized ?
Answers
Explanation:
Concentration Ratio in the IT-BPM industry is very high with 11 players contributing to more than 40% of the revenue. Indian IT-BPM sector is home to the world's 3rd largest start-up community with more than 2000 startups across e-Commerce, aggregator platforms, analytics, consumer services and IoT alone.
Explanation:
India is the world’s largest Business Process Management (BPM) destination. The IT and BPM industry in India is a critical pillar in the country’s economic growth. The industry has the potential to harness new technologies across sectors, thereby creating significant employment and entrepreneurial opportunities. This is further outlined by the fact that India has the largest number of qualified technical graduates in the world.
According to NASSCOM, the IT industry generates an estimated revenue of $ 168 bn annually, which accounts for 8% of India’s GDP. This figure includes export revenue of $ 126 bn. The industry is also one of the largest organised sector employers, generating nearly 14 million direct and indirect jobs. It is further estimated that the IT and BPM industry will contribute up to $ 350 bn to the economy as well as account for 10% of India’s GDP by 2025