Nasscom gets opening day boost as India tightens its grip on global IT services

The Nasscom India Leadership Forum starts today and I expect the party mood to be in the air. Particularly after recent reports revealing that Indian IT companies are gaining a bigger share than ever of the global services market.

According to the report in the Times of India the global share of the outsourcing market that Indian companies had in 2010 is 55% compared to 51% in 2009.

Som Mittal, president, Nasscom, is reported to have said that the pent-up demand for IT-BPO services, return of discretionary spending, new business models that encouraged first-time buyers and re-invented value proposition for existing ones were the key drivers for the industry performance.

See the full article here.

This blog will have reports from PA Consulting Groups Alex Blues so watch out fro those. Here is his intro post. 
 

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