Custom Search
 



 
 
Wag the dog! SMBs outstrip IT industry pace

Bangalore, February 9, 2012: Leading globalization and market advisory firm Zinnov, suggests that the small and medium sector of the infotech industry in India may grow faster than the industry average and contribute more than one-third of the domestic spend by 2015.
The study titled ‘Indian SMB ICT Adoption Insights’ provides a detailed analysis of the different opportunities, challenges and scope related to IT spending and technology adoption in the sector.

The study finds that while the overall domestic IT spending is expected to grow at a  compounded annual growth rate of 12% to reach US $ 36bn by2015, SMBs will grow at a CAGR of 15% contributing $ 15billion by the same year. India is home to around 50 million SMBs , of which 10 million are technology-ready. Modern SMBs are investing heavily on tools like PCs, internet and website to market themselves and compete in global /domestic markets.
The study reveals that today 500,000 SMBs in India have websites and two million SMBs are accessing the Internet. Increased adoption of PCs by SMBs is another significant factor that will fuel the growth of this sector. Four million SMBs in the country are using PCs which is expected to grow at 30% from 2011 to 2015, resulting in doubling the base of SMBs with PCs.
The addressable opportunity of 10 million SMBs will continue to increase during 2011-2015 as more firms realize the necessity of organizing themselves with the help of technology. A lion’s share of (8.9 million which is 94%) technology-ready SMBs in the country are very small in size with an employee base of less than10. This clearly shows the increased awareness and interest level of base level SMBs in technology which is also an indicator of India’s technology progress, says Zinnov.

Retail is the single largest vertical by addressable opportunity with an overwhelming two million firms ready for technology adoption and expansion. Around 1.9 million professional services firms go to make up the second in the list followed by 1.2 million manufacturing enterprises and 1 million Hotels &Restaurants. By 2015, Retail will stand at 2.5 million n, followed by Professional Services at 2.3 million, Manufacturing at 1.6 million n and Hotels &Restaurants at 1.1 million n enterprises. Not far behind is the education segment which is expected to grow to 1.1 million units from the current 0.9 million units.

Says Kishan Bhat, Manager, Zinnov, said, “The Indian market is promising and challenging at the same time. We are optimistic about the growth outlook but there are serious concerns which need to be addressed immediately. Majority of SMBs still perceive IT adoption as a time consuming and complex process and therefore, prefer to stick to their existing traditional processes. There needs to be a categorical shift from legacy systems, and some fresh investments made from a long-term growth perspective.”
http://www.zinnov.com/




    


Post Your Comments Now
       
  Name  
  Email  
  Comment  
     
     
       
       
     
Wag the dog! SMBs outstrip IT industry pace
by Buy Cheap OEM Software on March  08,  2012
  "crHcy0 Very informative blog.Thanks Again. Really Great."
     
Wag the dog! SMBs outstrip IT industry pace
by Buy Cheap OEM Software on March  08,  2012
  "crHcy0 Very informative blog.Thanks Again. Really Great."
     
Wag the dog! SMBs outstrip IT industry pace
by Kunhimuhammed on March  27,  2012
  "I think it’s pretty itertesning… Even though you do have a point with getting records that are actually meaningful, I think this is still something that can be looked as “pretty cool” and “unique” in the future. Thanks for posting!"
     
Wag the dog! SMBs outstrip IT industry pace
by jacksonville web designer on April  18,  2012
  "pQtOz3 Wow, great blog.Really thank you! Much obliged."
     
Wag the dog! SMBs outstrip IT industry pace
by jacksonville web designer on April  18,  2012
  "pQtOz3 Wow, great blog.Really thank you! Much obliged."
     
Wag the dog! SMBs outstrip IT industry pace
by Bristol Airport Hotels on April  19,  2012
  "qUxlRQ Thanks for sharing, this is a fantastic blog.Really looking forward to read more. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by Bristol Airport Hotels on April  19,  2012
  "qUxlRQ Thanks for sharing, this is a fantastic blog.Really looking forward to read more. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by computer support technician on June  26,  2012
  "Whats up! I simply want to give a huge thumbs up for the great information you've gotten right here on this post. I will likely be coming back to your weblog for more soon."
     
Wag the dog! SMBs outstrip IT industry pace
by Social Bookmarking on July  10,  2012
  "dH6ynf I am so grateful for your article.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by Social Bookmarking on July  10,  2012
  "dH6ynf I am so grateful for your article.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by cheap bookmarking service on   19,  2012
  "ar7Xaa Wow, great article post.Thanks Again."
     
Wag the dog! SMBs outstrip IT industry pace
by cheap bookmarking service on   19,  2012
  "ar7Xaa Wow, great article post.Thanks Again."
     
Wag the dog! SMBs outstrip IT industry pace
by bookmarking submission on   19,  2012
  "N6kZlb Great blog post.Really looking forward to read more. Keep writing."
     
Wag the dog! SMBs outstrip IT industry pace
by bookmarking submission on   19,  2012
  "N6kZlb Great blog post.Really looking forward to read more. Keep writing."
     
Wag the dog! SMBs outstrip IT industry pace
by bookmarking submission on November  05,  2012
  "5ZduEL Thanks-a-mundo for the article post.Really looking forward to read more. Much obliged."
     
Wag the dog! SMBs outstrip IT industry pace
by bookmarking submission on November  05,  2012
  "5ZduEL Thanks-a-mundo for the article post.Really looking forward to read more. Much obliged."
     
Wag the dog! SMBs outstrip IT industry pace
by loss weight pills on February  01,  2013
  "WfPSQm I think this is a real great blog article.Really thank you! Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by loss weight pills on February  01,  2013
  "WfPSQm I think this is a real great blog article.Really thank you! Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by Clomiphene 50 mg on February  27,  2013
  "d9P6PW Thanks a lot for the article post.Much thanks again."
     
Wag the dog! SMBs outstrip IT industry pace
by Clomiphene 50 mg on February  27,  2013
  "d9P6PW Thanks a lot for the article post.Much thanks again."
     
Wag the dog! SMBs outstrip IT industry pace
by bookmarks on March  15,  2013
  "WBY3Uz I think this is a real great article.Really looking forward to read more. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by bookmarks on March  15,  2013
  "WBY3Uz I think this is a real great article.Really looking forward to read more. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by buy cipro on March  15,  2013
  "Really enjoyed this article.Really thank you! Want more."
     
Wag the dog! SMBs outstrip IT industry pace
by buy cipro on March  15,  2013
  "Really enjoyed this article.Really thank you! Want more."
     
Wag the dog! SMBs outstrip IT industry pace
by generic viagra without a prescription on March  15,  2013
  "Very good article post. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by generic viagra without a prescription on March  15,  2013
  "Very good article post. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by generi cialis on March  15,  2013
  "A big thank you for your blog post.Thanks Again. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by generi cialis on March  15,  2013
  "A big thank you for your blog post.Thanks Again. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by Buy Levitra on March  15,  2013
  "Wow, great blog post.Really looking forward to read more. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by Buy Levitra on March  15,  2013
  "Wow, great blog post.Really looking forward to read more. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by digital slr lenses on May  14,  2013
  "QfcHfm Im obliged for the article. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by digital slr lenses on May  14,  2013
  "QfcHfm Im obliged for the article. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by good seo on May  25,  2013
  "H1ZgDI Thanks for sharing, this is a fantastic article post. Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by good seo on May  25,  2013
  "H1ZgDI Thanks for sharing, this is a fantastic article post. Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by seo service on May  27,  2013
  "sqKhy6 I truly appreciate this blog.Really thank you! Keep writing."
     
Wag the dog! SMBs outstrip IT industry pace
by seo service on May  27,  2013
  "sqKhy6 I truly appreciate this blog.Really thank you! Keep writing."
     
Wag the dog! SMBs outstrip IT industry pace
by social bookmarks on June  19,  2013
  "xPJVds Awesome blog article.Really looking forward to read more. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by social bookmarks on June  19,  2013
  "xPJVds Awesome blog article.Really looking forward to read more. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by news and many more on July  04,  2013
  "CU2vMO I cannot thank you enough for the article. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by news and many more on July  04,  2013
  "CU2vMO I cannot thank you enough for the article. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by buy viagra online cheap on July  24,  2013
  "This is one awesome blog. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by here on July  25,  2013
  "Say, you got a nice blog article.Really looking forward to read more. Really Great."
     
Wag the dog! SMBs outstrip IT industry pace
by news on July  26,  2013
  "6JULoN I really like and appreciate your blog article.Really thank you! Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by news on July  26,  2013
  "6JULoN I really like and appreciate your blog article.Really thank you! Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by best news on   03,  2013
  "9SBvW0 Thank you ever so for you blog post.Thanks Again. Keep writing."
     
Wag the dog! SMBs outstrip IT industry pace
by best news on   03,  2013
  "9SBvW0 Thank you ever so for you blog post.Thanks Again. Keep writing."
     
Wag the dog! SMBs outstrip IT industry pace
by buy ventolin online on   09,  2013
  "Thanks for the blog.Really looking forward to read more. Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome links for you on   19,  2013
  "FwLP8F Muchos Gracias for your article post.Thanks Again."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome links for you on   19,  2013
  "FwLP8F Muchos Gracias for your article post.Thanks Again."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome links for you on   20,  2013
  "y3aRrM I truly appreciate this blog article. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome links for you on   20,  2013
  "y3aRrM I truly appreciate this blog article. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by make money online on   11,  2013
  "2UH123 This is one awesome blog article.Much thanks again. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by make money online on   11,  2013
  "2UH123 This is one awesome blog article.Much thanks again. Awesome."
     
Wag the dog! SMBs outstrip IT industry pace
by cheap link building on   24,  2013
  "FJIcDg Say, you got a nice blog post.Much thanks again. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by cheap link building on   24,  2013
  "FJIcDg Say, you got a nice blog post.Much thanks again. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by check out these guys! on October  15,  2013
  "fOdVFo Really appreciate you sharing this blog.Thanks Again. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by check out these guys! on October  15,  2013
  "fOdVFo Really appreciate you sharing this blog.Thanks Again. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by take a look at it! on October  25,  2013
  "LUk9jM Say, you got a nice post.Really thank you!"
     
Wag the dog! SMBs outstrip IT industry pace
by take a look at it! on October  25,  2013
  "LUk9jM Say, you got a nice post.Really thank you!"
     
Wag the dog! SMBs outstrip IT industry pace
by top seo guys on October  31,  2013
  "1Zkvl9 Thanks so much for the article post.Really looking forward to read more. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome stuff here on November  18,  2013
  "WlwBCB I really like and appreciate your blog post.Much thanks again. Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome stuff here on November  18,  2013
  "WlwBCB I really like and appreciate your blog post.Much thanks again. Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by check this out on December  15,  2013
  "mdH05T This is one awesome blog article.Thanks Again. Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by check this out on December  15,  2013
  "mdH05T This is one awesome blog article.Thanks Again. Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by seo service on December  15,  2013
  "jU2Ykk Thank you for your blog."
     
Wag the dog! SMBs outstrip IT industry pace
by seo service on December  15,  2013
  "jU2Ykk Thank you for your blog."
     
Wag the dog! SMBs outstrip IT industry pace
by stunning seo guys on January  08,  2014
  "Ac22c8 Looking forward to reading more. Great blog post.Much thanks again. Great."
     
Wag the dog! SMBs outstrip IT industry pace
by stunning seo guys on January  08,  2014
  "Ac22c8 Looking forward to reading more. Great blog post.Much thanks again. Great."
     
Wag the dog! SMBs outstrip IT industry pace
by look at this on January  16,  2014
  "DXbF0D wow, awesome post.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by look at this on January  16,  2014
  "DXbF0D wow, awesome post.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome things! on February  28,  2014
  "lG7XWl Looking forward to reading more. Great blog.Much thanks again. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome things! on February  28,  2014
  "lG7XWl Looking forward to reading more. Great blog.Much thanks again. Really Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome things! on April  20,  2014
  "ucPxFm Enjoyed every bit of your post.Thanks Again. Much obliged."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome things! on April  20,  2014
  "ucPxFm Enjoyed every bit of your post.Thanks Again. Much obliged."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome seo on June  18,  2014
  "TgWukq Great article post.Thanks Again. Will read on..."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome seo on June  18,  2014
  "TgWukq Great article post.Thanks Again. Will read on..."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome seo on July  03,  2014
  "5o6CZl Appreciate you sharing, great article.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by awesome seo on July  03,  2014
  "5o6CZl Appreciate you sharing, great article.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by crorkz backlinkz on December  18,  2014
  "4aX1rH A round of applause for your article post.Really thank you! Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by crorkz backlinkz on December  18,  2014
  "4aX1rH A round of applause for your article post.Really thank you! Cool."
     
Wag the dog! SMBs outstrip IT industry pace
by crorkz on January  16,  2015
  "Cj9Xj7 magnificent points altogether, you simply gained a brand new reader. What would you recommend about your post that you made a few days ago? Any positive?"
     
Wag the dog! SMBs outstrip IT industry pace
by crorkz on January  16,  2015
  "Cj9Xj7 magnificent points altogether, you simply gained a brand new reader. What would you recommend about your post that you made a few days ago? Any positive?"
     
Wag the dog! SMBs outstrip IT industry pace
by crorkzz linkbuilding on June  09,  2015
  "cTktJe This is one awesome article post.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by crorkzz linkbuilding on June  09,  2015
  "cTktJe This is one awesome article post.Thanks Again. Fantastic."
     
Wag the dog! SMBs outstrip IT industry pace
by crork backlinks on   28,  2015
  "AVFfIR There is definately a lot to learn about this issue. I really like all of the points you have made."
     
Wag the dog! SMBs outstrip IT industry pace
by crork backlinks on   28,  2015
  "AVFfIR There is definately a lot to learn about this issue. I really like all of the points you have made."
     
Wag the dog! SMBs outstrip IT industry pace
by crorkservice fiverr on October  16,  2015
  "smVinC I appreciate you sharing this blog post.Thanks Again. Want more."
     
Wag the dog! SMBs outstrip IT industry pace
by crorkservice fiverr on October  16,  2015
  "smVinC I appreciate you sharing this blog post.Thanks Again. Want more."
     
Wag the dog! SMBs outstrip IT industry pace
by crork service seo on November  10,  2015
  "x9ygxQ It as hard to come by experienced people in this particular subject, however, you seem like you know what you are talking about! Thanks"
     
Wag the dog! SMBs outstrip IT industry pace
by crork service seo on November  10,  2015
  "x9ygxQ It as hard to come by experienced people in this particular subject, however, you seem like you know what you are talking about! Thanks"
     
Wag the dog! SMBs outstrip IT industry pace
by crorkservice fiverr on November  28,  2015
  "WnUB0g This is really interesting, You are a very skilled blogger. I have joined your rss feed and look forward to seeking more of your magnificent post. Also, I ave shared your site in my social networks!"
     
Wag the dog! SMBs outstrip IT industry pace
by crorkservice fiverr on November  28,  2015
  "WnUB0g This is really interesting, You are a very skilled blogger. I have joined your rss feed and look forward to seeking more of your magnificent post. Also, I ave shared your site in my social networks!"
     
Wag the dog! SMBs outstrip IT industry pace
by cocoservice on March  01,  2016
  "D6kGMB Im grateful for the blog.Really looking forward to read more. Want more."
     
Wag the dog! SMBs outstrip IT industry pace
by cocoservice on March  01,  2016
  "D6kGMB Im grateful for the blog.Really looking forward to read more. Want more."
     
Wag the dog! SMBs outstrip IT industry pace
by fuck your mom on May  14,  2016
  "Usually I don at learn article on blogs, however I would like to say that this write-up very forced me to check out and do so! Your writing style has been amazed me. Thank you, quite nice post."
     
Wag the dog! SMBs outstrip IT industry pace
by fuck your mom on May  14,  2016
  "Usually I don at learn article on blogs, however I would like to say that this write-up very forced me to check out and do so! Your writing style has been amazed me. Thank you, quite nice post."
     
Wag the dog! SMBs outstrip IT industry pace
by fuck your mom on May  16,  2016
  "orV0f0 You can definitely see your enthusiasm in the work you write. The world hopes for more passionate writers like you who are not afraid to say how they believe. Always follow your heart."
     
Wag the dog! SMBs outstrip IT industry pace
by fuck your mom on May  16,  2016
  "orV0f0 You can definitely see your enthusiasm in the work you write. The world hopes for more passionate writers like you who are not afraid to say how they believe. Always follow your heart."
     
Wag the dog! SMBs outstrip IT industry pace
by big dilbos on July  06,  2016
  "ziOuW4 Oracles gratuits en ligne voyeur voyance par tel"
     
Wag the dog! SMBs outstrip IT industry pace
by big dilbos on July  06,  2016
  "ziOuW4 Oracles gratuits en ligne voyeur voyance par tel"
     
Wag the dog! SMBs outstrip IT industry pace
by lananal on   04,  2016
  "tteVwL You made some good points there. I looked on the net for additional information about the issue and found most individuals will go along with your views on this web site."
     
Wag the dog! SMBs outstrip IT industry pace
by lananal on   04,  2016
  "tteVwL You made some good points there. I looked on the net for additional information about the issue and found most individuals will go along with your views on this web site."
     
Wag the dog! SMBs outstrip IT industry pace
by subastian on November  27,  2016
  "GGxZUx I will right away grab your rss feed as I can at find your email subscription hyperlink or newsletter service. Do you have any? Kindly permit me realize in order that I may just subscribe. Thanks."
     
Wag the dog! SMBs outstrip IT industry pace
by subastian on November  27,  2016
  "GGxZUx I will right away grab your rss feed as I can at find your email subscription hyperlink or newsletter service. Do you have any? Kindly permit me realize in order that I may just subscribe. Thanks."
     
Wag the dog! SMBs outstrip IT industry pace
by find more on February  01,  2017
  "mQj4k1 Looking forward to reading more. Great post.Really looking forward to read more. Want more."
     
Wag the dog! SMBs outstrip IT industry pace
by find more on February  01,  2017
  "mQj4k1 Looking forward to reading more. Great post.Really looking forward to read more. Want more."