Managed Services :- Opportunity in Power Grid Corporation Of India
According to a recent research by Forrester, total addressable managed services opportunity in India will be worth $8.27 billion by 2013, growing at a CAGR of 19%. IDC, in its India Managed Services 2008-2012 Forecast and Analysis, has reported that the Indian domestic managed IT services market is expected to grow at a compound annual growth rate (CAGR) of 24.9%, to reach a US$2.78 billion industry in 2010. The Indian Managed Services market is poised to become one of the fastest-growing markets in the Asia-Pacific region. VARIndia spoke to SK Chaturvedi, Chairman and MD Power Grid Corporation of India (PGCIL) about the company's managed services business and future plans. How seriously POWERGRID is thinking to implement the MS (Managed Services) module? POWERGRID has been actively considering engagement of MSP's (Managed Service Provider's) services in furthering the extent and efficacy of Telecom business. Although the thought process of ushering the era of Managed Servi...