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COVID -19 disrupting India’s IT sector

Blog: NASSCOM Official Blog

Survival in the new normal is only possible for those who are disrupting the way they work and this has been clearly visible in the shift that Indian IT players made towards work-from-home in order to maintain business continuity.

Also, as businesses across the globe continue to cope with uncertainties, the Indian IT companies are also working towards the challenges they face by making changes in the way they will work in future.


The Challenges

According to a recent report by NASSCOM which surveyed 160 respondents in April 2020 across IT/ITES segment including BOM, Software products and ER&D firms:


The Opportunities

Though, challenges remain tech companies are hopeful of a rebound as they expect strong growth in strategic technology sourcing which will become a key part of the overall tech strategy.

Source: CEO Pulse Review: Covid-19 Impact on Indian Tech Sector



Established practices to a witness rejig

The Covid-19 pandemic could turn out to be big disruption making fundamental changes in the way the industry will function going forward be it delivery models, contract specifications or fast-tracked adoption of digital technologies

Delivery Models

Contracts Terms

The current crisis have created both and opportunities, the Indian IT industry is all set to leverage the new opportunities by conquering the challenges through new sources of revenues as digital technologies gain more impetus, offering flexible contractual terms, focusing on emerging technologies on skilling with the industry putting these learnings to make it better prepared for handle such situations if they resurface in the future.

The post COVID -19 disrupting India’s IT sector appeared first on NASSCOM Community |The Official Community of Indian IT Industry.

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