Business, Business Services.
India rides new wave of globalization - india is riding a new wave of globalization - "and prosperity - as the economics of it outsourcing, design and development propel it into a new role as a technology leader. All are poised to shake up the IT status quo in the West while bringing a new phase of tech - driven development to North Africa, the Middle East and the Gulf states.
No longer an island of outsourcing, India is at the center of a growing number of regional business and IT technology partnerships with neighbors as diverse as Egypt, Pakistan and Dubai, China. - with aspirations of repeating india' s success in business process outsourcing, political, design and development, the region' s business and academic leaders are seeking to align with, india, or replicate' s models for it business and technology development. This shift mirrors the decades - old exodus of electronics and computer manufacturing from the U. This new geo - technology axis is destined to have a profound impact on the global IT and technology sectors, and it marks a turning point in the industry' s balance of power. S. to Asia and China. It also comes as the U. IT sector is increasingly seen as a" mature" market that is on the verge of a recession.
This trend is foremost in the minds of the India Semiconductor Association, (ISA) which convenes its 2008 Vision Summit here this week. - india' s emergence as a global it leader will have profound significance for the electronics market as next - generation semiconductor and electronics system design - including embedded systems design - will follow technology demand emerging from burgeoning domestic and regional economies. ISA expects the Indian industry to evolve from design into a major electronics manufacturing hub before the end of the decade. S. are disappearing. "While in the 20th century, leading - edge thinking emanated from the West, the rise of, today Asia is evening that out. " In its place, Prayag' s consultants see a new technology innovation triumvirate emerging. According to analysts at Prayag Consulting, the geography of innovation is changing, according to John, and Kao, all of the, an innovation consultant key advantages once enjoyed by the U.