Preview of MNCs that are pillars for Indian IT

Information Technology industry includes both software development (includes applications like programming languages, database etc. ) as well as hardware development (includes peripherals, gadgets, computing devices etc.). It actually includes everything from study, designing, implementing and maintaining the software management systems. The IT industry is entirely knowledge based industry and it can really influence the economic growth of a country as well as the revenue generation.

India's IT growth in the world is chiefly dominated by IT software and services such as Custom Application Development and Maintenance (CADM), System Integration, IT Consulting, Application Management, Infrastructure Management Services, Software testing, Service-oriented architecture and Web services. Indian economy graph is continuously growing upward as no other Indian industry has performed so well against the global competition.

There are so many legendary multi national companies in India that are doing its business well and growing at the unbelievable rate. Illustrious MNCs in India are as following:

Hewlett-Packard: This is famous PC maker company doing superior business in India. In fiscal year 2007 the company shows sales revenue of $16.6 billion in technology services, while it is expected to raise the revenue to 10% this year. According to market report, in February 2008 the company signed a seven-year outsourcing contract with Unilever for the management of Unilever's technology infrastructure in the America, Asia, Africa, Turkey and Middle East.

In India, the company got 10 new outsourcing contracts, including Andhra Bank, United Bank of India and United India insurance. Now, the company is planning to make a tie up with mobile operators to offer 3G laptops to the Indian consumers.

IBM: Another growing company in India is IBM. The major clients of the company include Vodafone, Indian Railways and Ministry of Social Welfare. This company showed the maximum revenues among major markets including China (in dollar terms). The company has also grown up from 14 locations in India to 27 locations this year. IBM introduced new product Big Green (PBG 2.0) to help enterprises build ‘greener’ technology infrastructure.

Intel: Intel is a king organization in chip designing. The company earns $160 per laptop versus $85 it made per desktop. The company is continuously announcing new products in the market. Intel’s low-cost, low-power Atom Processor is most widely used processor these days and Intel is planning to launch novel product Larabee. In addition, Intel has also announced the "Centrino Atom" processor technology aimed specially at mobile Internet devices.

Cisco: Cisco is the leading supplier of networking equipment and network management for the Internet. Products include routers, hubs, SPA Phone Adapters , Ethernet, switches etc. in year 2006-07, the company shows an annual revenue of Rs 5370 crore.

The company also performed well in the areas of unified communications and network storage. At present the company is working with more than 66,000 employees and shows annual revenue of US$39 billion as of 2008.

Microsoft: Microsoft is a name which is known to everyone for its quality products in software development. The company’s monopoly in software industry can be illustrated by the fact that Microsoft partnered with 14 states and now boasts of over 300 e-gov apps running on Windows in India. The drop in piracy rates also boosted company's revenue.

The company recently announced the Release to Manufacture (RTM) of SQL Server 2008, the latest version of its database management. Another upcoming product by Microsoft is Midori, an operating system that can work over network.

In the crux, we can say that the above software companies are doing very good business in India and continuously launching new products in the market and making their hold in Indian market stronger.

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