VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   To get in-depth analysis of 5 key E+ economies , namely India, Indonesia, Malaysia, Philippines & South Africa,  Zinnov  has released its latest study on emerging economies titled, ' Growing in the E+ Markets ' and "research center of excellence (rCOE) for emerging markets". The report highlights spends and trends in various sectors like Information technology, telecom, retail, automotive, education and healthcare contrasting these 5 economies with the United States, a representative of developed markets. Praveen Bhadada, Director-Market Expansion, Zinnov , said, "There are 90,000+ large enterprises in E+ countries compared to 41,000 in the US. 112 of the world largest 2,000 companies are headquartered in E+ markets. A base of 75 Million SMBs makes these E+ markets the largest  SMB market globally . The per capita GDP in these economies is growing 250% more compared to the US. These are a great indicato...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Zinnov has released a report titled, ‘Indian SMB Sector 2013’ capturing facts and figures on the growing SMB segment in India. The study revealed that with a total base of 48.8 million SMBs, India is the fast growing and is to become the largest SMB nation globally.   As per the released report, the Indian SMB sector gives employment to approx. 81.16 million people in India which has increased at a CAGR of 5.29%, while the fixed investment has been consistently increasing over the years at 11.48%.Indian SMB segment is dominated by micro scale businesses, contributing 95% of the SMB landscape, followed by small scale businesses contributing 4.8% and the rest 0.2% by medium scale businesses. Out of the 48.8 million SMBs around 55% are located in urban areas while the rest 45% constitutes to the rural regions. Initiatives like tax incentive for growing SMBs in the Union Budget have helped SMBs enhance their competitiveness in the...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Zinnov has recently released a study to evaluate the Public Cloud opportunity in India, titled, "Public Cloud Opportunity in India". The released study, pegged that the overall Indian market for Cloud has grown steadily to reach USD860-912 million in CY11.  Of the total pie, the study highlighted that the Public Cloud market comprises of 20-22% of the share, while the remaining 78-80% is accounted by Private Cloud.   The Public Cloud market has rapidly evolved in the last two years in India with significant traction across SaaS, PaaS and IaaS, added the study. The SaaS market has grown at a CAGR of 46% from USD56–67 million in CY09 until CY11. The study also highlighted that the PaaS and IaaS markets in India on the other hand are rapidly growing, though from a small base.  This segment has seen a growth of CAGR 84% from a market share of US$11-14 million in CY09.  Praveen Bhadada, Director - Market Exp...