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Technology Consulting - Tata Strategic

The Technology practice works with IT and telecom service providers, software product organizations, and electronic / IT product manufacturers & distributors by providing strategic and operational assistance.

While last two decades of Indian IT industry has seen tremendous growth in the services sector, with revenues of over USD 100 billion, there is renewed interest in developing software products. Nasscom predicts that by 2020, Indian software products industry will grow to USD 10 billion from the current USD 2 billion. Estimates by other entities talk about USD 100 billion software products industry by 2025, driven by indigenous and unique needs of Indian SMEs as domestic IT market grows. Such an interest in creating a products based industry suggests emergence of the next wave in the Indian IT industry.

To boost the electronic product manufacturing, National Policy on Electronics 2012, aims to create an ecosystem of Electronic System Design and Manufacturing with turnover of USD 400 billion by 2020, and attract new investment of USD 100 billion. e-MSIPS, that support the setup of ESDM units through capital subsidies and tax waivers are expected to support these growth plans. Recent approval for setup of two new electronic fabrication units worth investment of ~USD 10 billion should also pave the way for creation of a strong ecosystem enabling higher value addition.

Tata Strategic can help companies in the technology industry exploit various emerging opportunities by formulating growth strategy, product / service positioning, improving sales & marketing effectiveness, project delivery excellence and designing organizations aligned with business strategy. Investment in product development, striking right alliances / partnerships, strategic sourcing arrangements, and great go to market practices would characterize successful product companies and Tata Strategic can provide assistance in these areas.

We work closely with various stakeholder groups to ensure that world class practices are identified and deployed effectively while keeping the local market context in primacy. We provide implementable solutions by leveraging our range of talent, unique methodologies and best in class benchmarks. Comprehensive scanning of environment coupled with deep domain expertise helps us identify and prepare organizations for various scenarios.