Analysis of HCL Technologies – IT SECTOR
Information technology in India is an industry consisting of two major components: IT services and business process outsourcing(BPO). The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.7% in 2017. According to NASSCOM, the sector aggregated revenues of US$160 billion in 2017, with export revenue standing at US$99 billion and domestic revenue at US$48 billion, growing by over 13%. The United States accounts for two-thirds of India's IT services exports.
This is the analysis manage by MBA Student about the HCL technology project.
I a student from SSR Institute of management and research, Silvassa
My name is Krushang Thakor
This is the analysis manage by MBA Student about the HCL technology project.
I a student from SSR Institute of management and research, Silvassa
My name is Krushang Thakor
Includes summarized information on the ICT boom in India. The structure of the ICT industry in India, development in ICT sector, the current situation and upcoming technological trends, opportunities, effects of ICT development and the risks involved are discussed
India remains a preferred destination for information technology (IT) and information technology enabled services (ITeS) in the world. The Indian IT- business process management (BPM) sector is estimated to expand at a compounded annual growth rate (CAGR) of 9.5 per cent to reach US$ 300 billion by 2020. Over 2000-13, the sector has increased at a CAGR of 25 per cent.
Total exports from the IT- BPM sector (excluding hardware) are estimated at US$ 76 billion during FY13. Export of IT services has been the major contributor, accounting for 57.9 per cent of total IT exports.
Demand from emerging countries is expected to show strong growth going forward. Tax holidays are also extended to IT sector for software technology parks of India (STPI) and special economic zones (SEZs). Further, the country is providing procedural ease and single window clearance for setting up facilities. The country’s cost competitiveness in providing IT services, which is approximately 3-4 times cheaper than the US continues to be its USP in the global sourcing market.
Disruptive technologies present an entire new gamut of opportunities for IT firms in India. Cloud represents the largest opportunity under Social, Mobility, Analytics and Cloud (SMAC), increasing at a CAGR of approximately 30 per cent to around US$ 650–700 billion by 2020. Social media is the second most lucrative segment for IT firms, offering a US$ 250 billion market opportunity by 2020.
IoT integration means the combination of IoT data, IoT platforms, IoT devices, and IoT applications with IT assets (legacy data, SaaS, mobile, and business application) that work together in the context of executing end-to-end IoT business solutions.
IoT integration helps customers and companies to drive the digital transformation initiative to the next level. Since technology is changing day by day, integration needs to move at an accelerated level and speed.
A point of view on Indian IT - Its extraordinary growth & factors that led to it, its current state & future challenges. Specifically, the case of captives in India & 3rd party technology providers (IPPs) are discussed.
Information Technology and Information Technology Enabled Services SectorVibrant Gujarat
Highlighting the value proposition of the ever growing IT-ITes Sector in India, this presentation gives an overall idea about the future of the sector in India as well as Gujarat. It mentions the various initiatives, incentives and schemes launched by the Government of India and the Government of Gujarat to promote business and investment in the sector.
Q1: What was the source of IKEA’s Competetive advantage at that time?
Q.2 IKEA’s expansion into Europe
Q.3 IKEA’s strategy prior to its missteps in North America.
Q4. IKEA’s strategy towards its suppliers
1. Current Size of Dairy Industry - Locally
World population and per capita consumption of dairy products, 2005, 2008–2016
IMPORTANCE OF DAIRY INDUSTRY TO THE INDIAN ECONOMY
Government to strengthen dairy industry to improve farmer income
Pittsburgh, Pennsylvania- 1869
Best selling brand of ketchup.
From 1906 it was produced without preservatives.
In 1907, Heinz started producing 13 million bottles of ketchup per year, exporting ketchup all over the world.
Heinz manufactures all of its American tomato ketchup at two plants: one in Fremont, Ohio, and another in Muscatine, Iowa.
Heinz ketchup is packaged in glass and plastic bottles of various sizes, as well as individual-serving condiment packets made of foil or plastic.
LABORATORY TEST MARKET RESEARCH DESIGN
SOLUTIONS TO THE CASE
SELECTED FINDINGS FROM THE LTM STUDY
Bitcoin-the underlying technology behind the success of cryptocurrencies is termed as Blockchain.
Creating cryptocurrencies is one of the applications of Blockchain technology. Similarly there are other applications of blockchain as well.
blockchain is literally just a chain of blocks
digital information (the “block”) stored in a public database (the “chain”).
Blocks” on the blockchain are made up of digital pieces of information.
• Blocks store information about transactions like the date, time,
• Blocks store information about who is participating in transactions(Instead of using your actual name, your purchase is recorded without any identifying information using a unique “digital signature,” sort of like a username.)
• Blocks store information that distinguishes them from other blocks.
Once an information is stored on a blockchain, it is extremely difficult to change or alter it. Each transaction on a blockchain is secured with a digital signature that proves its authenticity. Due to the use of encryption and digital signatures, the data stored on the blockchain is tamper-proof and cannot be changed.
MAIN CHARACTERS
AWARDS AND RECOGNITIONS
SYNOPSIS AS A JOURNEY MAP
LEADERSHIP QUALITIES
ANDY DUFRESNE
EMOTIONAL INTELLIGENCE
FRAMEWORK OF LEADERSHIP
WARDEN NORTON
CAPTAIN HADLEY
ELLIS BOYD
Let my people go surfing-Yvon Chouinard - A book reviewRiya Aseef
OVERVIEW OF THE BOOK
PRODUCT DESIGN PHILOSOPHY
PRODUCTION PHILOSOPHY
DISTRIBUTION PHILOSOPHY
MARKETING PHILOSOPHY
FINANCIAL PHILOSOPHY
HR PHILOSOPHY / CULTURE
MANAGEMENT PHILOSOPHY
MESSAGING HIERARCHY
BRAND RESONANCE PYRAMID : Brand Resonance Pyramid (Philip Kotler Summary) ... Establishing the totality of brand meaning in the minds of customers by strategically linking a host of tangible and intangible brand associations.
Big data - Characteristics, types and ApplicationRiya Aseef
CHARACTERISTICS of Big Data
BENEFITS OF BIG DATA
STORING BIG DATA
PROCESSING BIG DATA
WHY BIG DATA
Big Data
Architecture
TOOLS USED IN BIG DATA ANALYSIS
data processing
DISTRIBUTED STORAGE
TYPES OF TOOLS USED IN BIG DATA
APPLICATION OF BIG DATA
Starbucks owns nearly one-third of America’s coffee bars.
Almost all of Starbucks’ locations in North America are company-owned stores located in high-traffic, high-visibility settings such as retail centres, office buildings, and university campuses.
He also sold products through non-company-operated retail stores such as hotels, airlines, and restaurants.
Starbucks formed joint ventures to distribute a bottled Frappuccino thru Pepsi-Cola and an ice cream thru Dreyer’s Grand Ice Cream
Coca-cola and PepsiCo came together to refuse and reject the findings of CSE, claiming it to be unscientific and discriminatory.
ISDMA later confirmed that the soft drinks manufacturers strictly maintained all the norms.
American ambassador to India has cautioned that the bad reports would affect the American investments in India.
US government started withholding licenses to Indian banks.
Some newspapers and journals argued about the absence of clear direction from the Ministry of Health.
Edith - product development -advertisementRiya Aseef
BONE CONDUCTION HEADPHONES:
• Bone conduction technology delivers music through your cheekbones, ensuring ears remain completely open to hear ambient sounds.
• Although the sound quality and output is not an immersive experience, you can’t expect it to be as they don’t use earbuds. The speakers are inside the arms of the glasses, which sit on top of your ears. So while the sound isn’t amazing in quality, they do provide good sounding music while at the same time allowing you to hear your surroundings. Listening to music while running can be a safety concern for many runners
• Design ensures maximum situational awareness and comfort during long-term wear.
Market Share: Prestige is India’s brand leader in the kitchenware and appliances categories and commands a ~37% market share in pressure cooker category, 31% market share in the cookware category and ~10% market share in the appliances category.
1.Wireless Communication System_Wireless communication is a broad term that i...JeyaPerumal1
Wireless communication involves the transmission of information over a distance without the help of wires, cables or any other forms of electrical conductors.
Wireless communication is a broad term that incorporates all procedures and forms of connecting and communicating between two or more devices using a wireless signal through wireless communication technologies and devices.
Features of Wireless Communication
The evolution of wireless technology has brought many advancements with its effective features.
The transmitted distance can be anywhere between a few meters (for example, a television's remote control) and thousands of kilometers (for example, radio communication).
Wireless communication can be used for cellular telephony, wireless access to the internet, wireless home networking, and so on.
This 7-second Brain Wave Ritual Attracts Money To You.!nirahealhty
Discover the power of a simple 7-second brain wave ritual that can attract wealth and abundance into your life. By tapping into specific brain frequencies, this technique helps you manifest financial success effortlessly. Ready to transform your financial future? Try this powerful ritual and start attracting money today!
ER(Entity Relationship) Diagram for online shopping - TAEHimani415946
https://bit.ly/3KACoyV
The ER diagram for the project is the foundation for the building of the database of the project. The properties, datatypes, and attributes are defined by the ER diagram.
Multi-cluster Kubernetes Networking- Patterns, Projects and GuidelinesSanjeev Rampal
Talk presented at Kubernetes Community Day, New York, May 2024.
Technical summary of Multi-Cluster Kubernetes Networking architectures with focus on 4 key topics.
1) Key patterns for Multi-cluster architectures
2) Architectural comparison of several OSS/ CNCF projects to address these patterns
3) Evolution trends for the APIs of these projects
4) Some design recommendations & guidelines for adopting/ deploying these solutions.
Multi-cluster Kubernetes Networking- Patterns, Projects and Guidelines
Analysis of HCL Technologies – IT SECTOR
1. Analysis of HCL Technologies –
IT SECTOR
Rohit CV
Riya Aseef
Madhavi Sherpa
2. IT Industries
• Information technology in India is an industry consisting of two
major components: IT services and business process
outsourcing(BPO). The sector has increased its contribution to India's
GDP from 1.2% in 1998 to 7.7% in 2017. According to NASSCOM,
the sector aggregated revenues of US$160 billion in 2017, with export
revenue standing at US$99 billion and domestic revenue at US$48
billion, growing by over 13%. The United States accounts for two-
thirds of India's IT services exports.
3. Customer outlook and Demographic Info
• Employee Strength - 124,121 on 30
th
Jun, 2018
• Offices - Offices in 41 countries
• Geographies - Americas , Europe and ROW
4. Industry/Company Report Analysis
• The financial services industry is witnessing a phase of rapid
transformation driven by disruptive technologies – smart contracts,
block chain, Automation & AI.
• Today’s customers demand a rich ecosystem of value-added services
and a holistic capital and asset management solutions.
• HCL believes in rationalizing and converging IT and operations across
business processes.
• Consolidated Revenues - USD 8.0 billion, for 12 Months Ended
30
th
Jun, 2018
5. Introduction of HCL Technologies
• HCL Technologies Limited (Hindustan Computers Limited) is an
Indian multinational technology company. It is a subsidiary of HCL
Enterprise.
• Founder – Shiv Nadar, Arjun Malhotra.
• Type – Public
• Headquarter – Noida, Uttar Pradesh, India.
• Current CEO – C VijayaKumar
6. History of HCL Tech
• On 11 August 1976, the company was renamed Hindustan Computers
Limited (HCL). On 12 November 1991, a company
called HCL Overseas Limited was incorporated as a provider of
technology development services. It received the certificate of
commencement of business on 10 February 1992 after which it began
its operations.
8. Demand - Supply scenario of IT Industry.
• The domestic demand of electronics hardware is estimated at US$ 400
billion by 2020.
• This provides a huge opportunity for India to become an electronics
hardware manufacturing hub to meet its domestic requirements as well as
the global requirements.
• Although the segment is promising and has immense potential, the
increasing demand-supply gap remains to be a cause of concern. While the
demand for hardware was estimated to be USD 13 billion in FY12, the
production of goods stood merely at USD 6 billion.
• While this is seen as a challenge, it is also unveils a plethora of
opportunities for hardware manufacturers, be it global or India, who can
gain significantly while bridging this chasm.
9. • There has been a dramatic increase in the number of organizations moving from
real to virtual by adopting virtualization, which enhances utilization and
significantly reduces costs.
• These multiple advantages are the contributing factors for the increasing demand.
• IT and ITES industries continue to drive the demand for the IT equipment. With
Indian firms adopting automation, the demand for IT equipment is increasing.
• Need for innovative products at low cost : Innovative low cost products like the
Aakash tablet are also driving demand from both consumers as well as the
government.
• Government focus on digital education: Various state governments in the country,
like Tamil Nadu and Uttar Pradesh, have mandated laptops for all school children.
This is driving a massive spike in the demand for laptops and other computer
hardware.
10. Challenges
• Taxation – In comparison with other Asian low cost destinations, complex
taxation policies in India makes the IT Industry less competitive. Frequent
changes in taxation have resulted in companies not being able to firm up
their long-term business plans, let alone make sizeable investments.
• Limited incentives for investment: With no natural advantage for
manufacturing and with uniform taxation across the value chain, sizable
investments, especially at the components and sub-assembly level have
evaded the segment.
• Inadequate infrastructure/logistics: The country’s lack of infrastructure,
coupled with insufficient international quality logistics, lack of power, land
acquisitions issues poses a challenge to the growth of the segments.
11. • Low broadband penetration: India has 6.8 million broadband connections and only 60
million internet users. Further, the quality of broadband remains much below the desired
levels. This has hampered the development of a vibrant content industry, which has led to
the absence of a virtuous cycle. Thus, the market for PCs/devices, without a pull factor,
continues to remain limited.
• Slowing growth in domestic consumption: PCs recorded a negative growth of about of
7% in 2008–09. The sales of notebooks that had been growing over 100% for the last
consecutive four years declined by 17%. As of now there are no preferential laws or
incentives in place which enforce usage of domestic products to some extent (KPMG,
2012).
• Employment generation: Given the right impetus, growth in the segment holds the
potential to triple the country’s current employment base by FY14.
• Increased competitiveness in the global market: A technologically advanced
manufacturing ecosystem in India prospectively offers an international platform to Indian
manufacturers. Indian players can expect to compete globally with established
manufacturers in the long run and make their own mark in foreign markets
12. Competitive Scenarios – Porter’s five forces.
The model acts as the framework for industry analysis. Michael Porter,
a famous strategist, and author, first came up with this model. In this
model, five parameters are analysed to see the competitive landscape.
They are:
• Barriers to Entry
• Supplier Power
• Threat of Substitutes
• Buyer Power
• Degree of Rivalry
13. Existing competition:
• The IT Industry landscape is characterised by intense completion for conventional IT services:
Application Development & Maintenance, IT Infrastructure Management Services, Network
Management Services, Data-center Services etc. leading therefore to commoditization.
• There are several firms in the market offering similar services and it is difficult to
differentiate based on these service offerings. The existing competition comes from both domestic
players (Infosys, TCS, Wipro, HCL technologies, Tech Mahindra, Mindtree and so forth) and
international ones (IBM, Accenture, Capgemini, Cognizant and so forth).
Bargaining power of customers:
• For conventional IT services, bargaining power of the buyer is large and the possibility of pressure
on rates exists. The buyer, having worked with both with international IT providers as well as
Indian ones is largely the price setter and has negated (to a large extent) the offshore advantages
through mature procurement and global delivery.
• In case of non-conventional services, i.e. those that cater to emergent technologies and technology
trends (in Data Analytics or Enterprise Mobility) there is potential for differentiation and higher
margins. Also this is the case for non-conventional, partnership-style engagements where both risk
and rewards are higher.
14. Bargaining Power of Suppliers:
• The bargaining power for suppliers is very low and since high-
standardization exists, there is little scope of suppliers having any clout. The
suppliers consists of IT Infrastructure providers (Servers, computers etc.),
Recruitment firms, Office Space Suppliers etc.
Threat of New Entrants:
• In context of the highly commoditized IT services, there is little threat of
new entrants. That said, the Industry is also characterised by high people
dependence and therefore can see veterans detach from existing companies
to invest in new ventures. An example of this is Happiest Minds, which was
started by a co-founder of an existing IT provider.
• The newer technologies allow the possibility of new niche players that are
not dependant on size or experience constraints.
15. Availability of Substitutes:
• There are no substantial substitutes to IT services apart from Internal IT departments,
which have lost clout over the years and are ever thinner in numbers and significance.
One argument for internal IT is retaining control over pertinent aspects of business but the
argument against would be since the main business of the company is not IT services, it
should outsource as much as possible and focus on future growth in core areas.
• Over time there has been a steady decrease in in-house IT development and maintenance
with more and more being outsourced and the internal IT staff has settled into a
supervisory (program management) role.
• It is unlikely that the market for conventional services will vanish overnight but the future
promises to hold a highly modified view.
• Application development is fast morphing into app-development and a large part of
revenues continue to be drawn from conventional services as the need to adapt and
incorporate new technologies and engagement models looms over an IT industry that
needs to reform and re-invent itself rapidly.
16. PEST Analysis – IT Industry.
Political
• Tax rates in India for the hardware sector is 20%-30% plus which creates obvious possibilities for the further
reform and faster growth.
• 10 Year Special Economic Zones programs and tariffs change to promote the hardware production.
• 26 new projects as a part of a national E-Government Plan.
• Tax initiative by government to ask state government to fix VAT at 4% in the hope of attracting investors.
• Manufacturing Associations of IT(MAIT) an Electronic Industry Association of India(ELSINA) are also
pressing for reduction in land acquisitions rights by stamp duty exemptions.
Economic
• In last 18months there is growth in sales in PCs and computer hardware, mainly due to lower prices.
• But as per the trade cycle rotation there will be a possible slowdown in demand.
• IT plays a important role in bringing 50%of rural household to the banking innovation.
• IBM, Dell, Lenovo has announced new investment to expand capacity
• Compound Annual Growth Rate is 15% between2005-2010.
• Due to the depreciation of the Rupee in comparison to Dollar the software and outsourcing has suffered
negatively due poor exchange rate .
17. Social
• Only 1.3% of people in India own a computer.
• Age Distribution:- 45% of the population is under 25
• Regional imbalance and low incomes.
• Inward Investment can lead to better job opportunities.
• Still Abroad is the fascination among the IT professionals to work.
• IBM, Wipro and Infosys recruit 15000-20000 graduates each year.
• Business practices varies region wise
Technological
• Plans by AMD to set up the country’s 1st chip fabrication(an investment upto US$3bn) to
stimulate local production and lower prices.
• Technological advances over the past decade, such as increased processing power with
reduced power consumption and reduced cost
• Ever changing and emerging Technologies
• Short product life cycle
18. SWOT – IT SECTOR
Strengths
• Highly skilled, English speaking manpower.
• Cheap workforce than their Western counterparts. According to NASSCOM, the wages
difference is as high as 70-80 percent when compared to other Western counterparts.
• Lower attrition rates than on the West.
• Dedicated workforce aiming at making a long term career in the area.
• Round-the clock benefit for Western companies due to the huge time difference.
• Lower response time with efficient and effective service.
Weaknesses
• Recent months have seen a rise in the level of attrition rates among IT workers who are
quitting their jobs to pursue higher studies. Of late workers have shown a tendency not to
pursue IT as a full-time career.
• The cost of telecom and network infrastructure is much higher in India than in the US.
19. Opportunities
• To capitalise and encash on the already established image of India being portrayed
as the most favoured IT destination in the world.
• Opportunities for Indian companies to work closely with western Governments
and assure their concerns and issues.
• India can be branded as a quality IT destination rather than a low-cost destination.
Threats
• The anti-outsourcing legislation in the US state of New Jersey. Three more states
in the US are planning legislation against outsourcing.
• Workers in British Telecom have protested against outsourcing of work to Indian
BPO companies.
• Other IT destinations such as China, Philippines and South Africa could have an
edge on the cost factor.
20. SWOT ANALYSIS - HCL
Strengths
• Association with Major Brands
• Consistent revenue growth
• Acquisition of Axon enables company to offer full SAP services
• Global Coverage in countries like U.S, Europe, Japan etc.
• Offerings like tablets, laptops and PCs expand the reach
• Over 80,000 employees are working at HCL
• Offers services like ERS, ETS, BPO and EAS
Weaknesses
• Total asset turnover is one of the weakness
• Tough competition from existing PC and laptop brands means limited market
share
21. Opportunities
• New outsourcing deals
• Strong presence in defence space and potential to benefit from offset
provision in Indian defence imports.
Threats
• Adverse impact on foreign exchange movement.
• Emergence of potentially disruptive technologies like cloud computing.
22. Recent developments
• Internet of Things (IOT)
The interconnection via the Internet of computing devices
embedded in everyday objects, enabling them to send and
receive data.
• Machine learning
A computer’s ability to learn on its own by analyzing data and
tracking repeating patterns.
23. Contd..
• Virtual reality (VR)
An artificial environment that is created with software and
presented to the user in such a way that the user suspends belief
and accepts it as a real environment.
• Cognitive Technology
A field of computer science that mimics functions of the human
brain through various means, including natural language
processing, data mining and pattern recognition.
24. Contd..
• Artificial Intelligence
An area of computer science that emphasizes the creation of
intelligent machines that work and react like humans.
• Chatbots
A computer program that mimics human conversations in its
natural format including text or spoken language
• Blockchain
A digital ledger in which transactions made in bitcoin or another
cryptocurrency are recorded chronologically and publicly.
25. Recent developments in HCL
• HCL Turbo, AI-based, end-to-end testing automation platform, aimed at
communication service providers.
• Joined the Blockchain in Transportation Alliance (BiTA), an organization
dedicated to determining best practices and standards for Blockchain in the
transportation industry
• Cognitive Orchestrated Process Autonomics- It has the ability to work with
unstructured and voice data inputs enabled by best-of-breed technology
solutions.
• Modem running on Xilinx All Programmable Zynq® UltraScale+™
MPSoC devices
26. Future scope of the industry
• The growth will be mostly limited to below 12%.
• Among emerging technologies in the workplace, IT pros expect IoT
and AI to have the biggest impact.
• Organizations are least concerned about security/privacy with 3D
printers and VR, but it’s their top concern with AI and IoT.
• The future will shift towards full or partial automation.
• Drop in the value of formal education.
27. Future scope of HCL
• Application Services
• Infrastructure Services
• Engineering & R&D Services
• Business Process Outsourcing
• Cloud Services
• Security Services