National Association of Software and Services Company (NASSCOM) today, announced the commencement of the 20th edition of its flagship event, the NASSCOM India Leadership Forum [NILF].
The core theme of NILF this year is 'hyperspecialization' and the platform promises to bring another exciting, thought provoking and insightful conference that will present a wide array of viewpoints and perspectives from leaders across the globe on different global issues. Apart from hyperspecialisation, the agenda of NILF is structured around three additional themes - Global Uncertainties, is business better than the mood; Leadership in Uncertain Times; and Emerging Opportunities.
Sharing his views, Som Mittal, President,NASSCOM, said, "Building alliances in key markets is a focus area for the industry. This year at NILF, we have 25 countries participating and focused sessions around Japan, China, Germany and Emerging Markets will discuss the theme of partnerships and global growth".
Rajendra Pawar, Chairman, NASSCOM, said, "NILF in its 20 years has mirrored the evolution and growth of the IT-BPO industry in India. The industry has built a unique value proposition for global and Indian customers - adding value and access to specialist skills. As the industry enters its next phase of evolution and customer priorities move to business outcomes, hyperspecialisation is a key enabler that will position the industry ahead. At NILF, the structured agenda, keynotes and unconferencing sessions will create the perfect platform for industry leaders to strategise on opportunities ahead and addressing current uncertainties."
He further added, "NILF is much beyond an event for us - it's a platform where global leaders congregate every year to discuss the key changes in the industry, opportunities ahead, creating partnerships and addressing challenges. For us at NASSCOM, the discussions at this forum provide the strategic thrust and direction for our activities to enable the industry's growth and development."
Last week, NASSCOM also released the key findings of the Indian IT-BPO sector performance for FY2011-12. The year 2011-12 characterizes a landmark year as aggregate revenue for the Indian IT-BPO sector is estimated to cross USD 100 bn.
Continuing as the bastion for the sector, exports accounted for -USD 69 bn, growing by 16.3% over the last fiscal year. The IT-BPO sector continues to be one of the largest employers in the country directly employing -2.8 million professionals, with over 230,000 jobs being added in FY2012. Despite challenges in the global market conditions, India sustained its growth trajectory. Some of the pivotal factors that have been contributing to this growth include new business models, organization efficiencies, services around disruptive technologies such as cloud, mobility, analytics, social media, and flexible product portfolios and verticalized solutions.
For FY2013, the export revenues are expected to grow by 11-14 per cent while the domestic revenues will grow by 13-16 percent.