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We are a frontline website development, mobile app development, software development and digital marketing company offering full-spectrum customized digital solutions for all purposes. INDILENS WEB SOLUTIONS brings great advantages to business space by bridging gaps, simplifying businesses, and elevating competitive benefits by providing technology-based business solutions.
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The evolution of the Indian IT industry
India is a much more significant market for American businesses. According to a survey released on April 12 by the Washington, DC-based public policy think tank Information Technology & Innovation Foundation, the majority of private US enterprises rely heavily on India for their IT services needs (ITIF). These businesses either have in-house IT departments in India or are reliant on Indian IT providers or the Indian operations of American IT corporations.
Compared to the practically universal reliance on India for IT, only five US businesses with a manufacturing base have shifted to China. Longtime clients of General Electric, Citibank, Morgan Stanley, Fidelity, HSBC, Lloyds Banking Group, Airbus, Cisco, British Telecom, Vodafone, and Nielsen include the Indian IT behemoths Tata Consultancy Services (TCS), Infosys, and Wipro.
However, according to ITIF, these businesses have also moved up the value chain and into more strategic fields recently, including cloud migration, business analytics, process automation, artificial intelligence (AI), machine learning, the Internet of Things, and other forms of “digital transformation.” India’s service providers have always offered less expensive back-office IT operations.
Bengaluru, India’s Silicon Valley, is also home to 1,600 global competence centres (GCCs) for technology, more than 60% of which were founded by US-based businesses.