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Software Industry

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Software Industry

  1. 1. BusinessEnvironment Software Industry DEPARTMENT OF COMMERCE MASTER OF BUSINESS ADMINISTRATION UNIVERSITY COLLEGE OF COMMERCE AND BUSINESS MANAGEMENT KAKATIYA UNIVERSITY 2020 - 2022
  2. 2. Team members: 1. P. Yashasvi 2. M. Vyshanavi 3. Shashi Kumar 4. Kalyani Reddy 5. Mahesh 6. Sravanthi 7. Akhil Sai 8. Dinesh Chander 9. Sai Rishi 10. P. Madhumitha 11. Rama Krishna
  3. 3. What is a Software? • Software comprises of the set of programs, procedures and routines associated with the operation of a computer system. • Software is a collection of Instructions and data that tells a computer what to do. • It makes our computer hardware perform important tasks.
  4. 4. Software Industry • Software industry consists of part of computer programming activity that is traded between software producing organizations and corporate or individual software consumers. • Software industry includes businesses for development, maintenance and publication of software.
  5. 5. Company Industry A company is any form of business whether it is small or large. It indicates a particular kind of business dealing in a specific product. An Industry is the combination of companies in same line of business.
  6. 6. Types of Software companies Product-based Service-based •These are the companies that have their own products to sell. •They hire very limited candidates from top colleges. •They conduct more interview rounds. •They provide high salary and this salary is revised based on the cost of living. •These companies may or may not have own product but they work as client for product-based companies. •They are mass recruiters. •Cracking interviews is easy. •They provide less salary and hike.
  7. 7. Origin • Personal computing , First of its kind was seen in 1975, in Albuquerque , New Mexico. • It was founded by Bill Gates and Paul Allen. • Microsoft specialized in basic operating software. • They sold mainly to hobbyists.
  8. 8. History • Software industry is one of the leading engines in economic growth. • It expanded in the early 1960s which created demand for software among universities government etc.. • Hardware and Software co-exist, so improvements in one drive improves the other.
  9. 9. History • Charles Babbage claimed to create the worlds first computer, the analytical engine. • His Difference Engine could produce mathematical tables by mechanical means.
  10. 10. Companies world wide 1.Microsoft: • Most popular franchise product in Microsoft is the operating system windows • Products: Microsoft 365, Windows, Microsoft Edge, OneDrive etc.. 2.Oracle: • They are leading providers of Enterprise software and are primarily used in business fields of Customer Relationship Management, Supply Chain Management, Enterprise Resource Management. • Products: Oracle data cloud etc.. 3.SAP (Systems, Applications & Products): • This company focus on Enterprise software as well as providing Software as a service. • Products: SAP ERP, SAP CRM etc..
  11. 11. 4.Dell Technologies: • Dell technology is primarily a manufacturer of personal computers, and Notebooks. • Products: Inspiron laptops, gaming laptops etc.. 5.Adobe Systems: • It is known for its software products in the graphics design, web design and video editing. • Products: Photoshop, Illustrator, InDesign etc.. 6.HCL Enterprise: • This company is involved in software outsourcing, software consulting and enterprise software. • Products: Software.
  12. 12. Leading organizations in India 1. Tata Consultancy Services: • They provide services like mobile apps, Custom Software development, Internet Of Things and many more • Products: TCS iON, TCS BaNCS ( a core banking software product). 2. Infosys: • They provide business consulting, information technology, and outsourcing services. • Products: NIA- Next Generation Integrated AI Platform, Infosys Consulting. 3.Wipro: • IT has growing field in smart business apps that include IOT it also delivers best services in the cloud, security and networking. • It also work for non IT jobs such as menu making for OTT in America. • Products: Wipro Consumer Care and Lighting.
  13. 13. 4. Tech Mahindra: • They provide IT services for almost all industries. They provide services like web and app development, Cloud solutions, Enterprise business solutions, Data science etc.. • Products: cyber security, testing services etc.. 5. Capgemini India Pvt Ltd: • It provides consulting, technology, professional and outsourcing services, custom software development. • Products: 6. MindTree Ltd: • The company deals in mobile applications, e-commerce, digital transformation, cloud computing, data analytics. • Products: InStore Analytics, Intelligent Video Surveillance, Employee Training etc..
  14. 14. Role of IT in Economic Development • More advanced the technology – more quickly the local and global economy can improve. • Technology can save time and contribute to overall profits of a business. • Technology has lead to an increase in the division of labour and specialization of jobs. • IT is single and most important element in success and growth of international trade allowing business to share information and conduct trade in less time.
  15. 15. Importance of IT in Indian economy • It has provides employment to over one million people. • This industry is said to be a major foreign exchange earner. • It has helped in the growth of the service sector. • It provides employment to innumerable men and women. • According to NASSCOM, the sector aggregated revenue from Indian Software Industry in 2020 was expected to be 147 billion US dollar.
  16. 16. How Software helps Business • Software makes our Business to work more efficiently. • Business software can be implemented by business houses of all sizes. • It helps to manage Customer relationships. • Business owners can develop and manage customer database more accurately. • With the help of software maintenance of accounting records have become extremely simple. • Software applications are also helpful to enhance security system within work place.
  17. 17. Role of Software in Business • Software is key part of IT investment and helps our business work more efficiently. • Right software leads to new ways of working in Business. • Software is a crucial business asset, choose carefully. • Most commonly used software in business are: a. Asset management software. b. Customer relationship management software. c. Database software. d. Word processing software.
  18. 18. Strengths: • Large pool of knowledge & quality workers , English speaking workforce. • Indian software professionals are flexible to adopt to new technologies. • Exports and domestic demands have been growing consistently at annual rate of 50%. • High quality knowledge workers and attractive price performance have been and will continue to be a key component of India’s value proposition. • By recognising the immense power of local talents more and more MNC’s are setting up every year.
  19. 19. Weakness: • Due to lack of package orientation industry doesn’t have multiplier effect for growth in revenue. • With low penetration of PC’s internet penetration is also poor. • Indian industry has not created original operating system or new languages, technology which could be used globally. • As Indian industry is growing too fast, project mangers are becoming entrepreneurs and creating a gap between demand and supply of skills.
  20. 20. Opportunities: • The market is large and rapidly changing and creating a number of new opportunities for Indian companies. • India can be branded as a quality destination rather than cost destination.
  21. 21. Threats: • Decision making and time taken for implementation need to be at faster pace so as not to lose any opportunity. • Lack of power, highways and airports in some cities has become a major constraint. • Rising cost of infrastructure, basic needs and salaries can pose a threat if not adequately balanced.
  22. 22. Project Infrastructure
  23. 23. Development Expectations and Outcomes A major reason for the complexity of software projects is the constant changing of requirements. Not surprisingly, 33% of the respondents of the Stack Overflow Developer Survey consider building products with unspecific requirements, as their biggest challenge. Requirements gathering is a lot more than a handful of business consultants coming up with their ideal product is understanding fully what a project will deliver. Solution: To ensure that the product outcomes align with expectations and requirements, a solid process and line of communication need to be established.
  24. 24. Quality Assurance Not reviewing code, or suppressing errors are just a means that developers use to save time and meet deadlines. Solution: Following a formal quality assurance process is imperative for a successful launch. If you witness developers trying to cut corners in the development process, discourage it immediately. Encourage them to use the best code development practices to meet the requirements sooner and more efficiently.
  25. 25. Adapting the New Market Trends Catering to the latest technology requirements such as mobile-first or mobile-only or desktop-first is often challenging. If you don’t have resources with hands-on experience in the latest and trending technologies, it is sure to impact your time to market. Solution: Make sure your resources constantly polish their skills to remain relevant. This means staying up-to-date on market trends and exploring insights into the new technology and trends that are out there.
  26. 26. Design Influence Product designs are under constant influence from stakeholders, the development organization, and other internal and external factors. Managing these influences is essential for maximizing the quality of systems and their related influence on future business opportunities. The increase of easily accessible, simple applications has resulted in user expectations growing exponentially. Solution: Make sure you streamline your design and offer a consistent experience across devices, operating systems, and form factors.
  27. 27. Policies in Software Company • Access Control Policy. • Data/log Retention Policy. • IT staff access to Confidential data Policy. • User Account password Policy. • Change Management Policy. • Encryption Policy.
  28. 28. Conclusion • Software industry has been emerging India specially in IT enabled services and software. • Indian software and services have established credentials in providing high quality solutions. • In recent times Indian IT industry controlled more than half of global business. • IT industry is providing direct employment to about 4.36 million in 2020.

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