Economic Crisis Unable to Stop Russia to Spend on ITBy: Shushmul Maheshwari
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Economic Crisis Unable to Stop Russia to Spend on IT
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According to the report “Russia IT and Outsourcing Industry Forecast to 2011” by RNCOS, IT spending in Russia is way ahead of other Eastern European countries. Despite the recent economic turmoil, Russia will continue to dominate the IT industry landscape in the region. Although there may be some budget cut on the IT spending by the companies but it will not be enough to decelerate the IT industry growth trajectory.
Majority of the spending will be on hardware and equipments followed by services and packaged software. The share of spending on hardware will decline in future and that of services and packaged software will increase. It is expected that the spending by SMEs will account for more than 40% of the total IT spending in Russia by 2012. Majority of the spending will be focused on strengthening information and data security and employee IT training needs.
According to a Sr. Analyst at RNCOS, “Over the next one to two years, growth in the IT market may slow down for a while but it will still continue in upward direction. Spending from retail consumer is expected to witness a sharp downturn as compared to spending by government, SMEs and other industry verticals. It is expected that IT spending from verticals like retail, telecomm, banks and insurance will witness least decline as these sectors will concentrate more on IT to increase efficiency levels in current downturn and cost cutting environment.”
“Russia IT and Outsourcing Industry Forecast to 2011” is an extensive research on IT and outsourcing industry of Russia. It provides qualitative and quantitative industry analysis, coupled with the factors responsible for the industry’s growth, opportunities and antagonistic forces challenging the industry. It underlines the spending patterns across the various segments of the industry.
This research report provides the segment-wise analysis, latest market trends, and the emerging areas in the Russian IT and outsourcing industry. It also contains five-year industry forecast drawn after analyzing the present and future trends in the market. The vast and detailed information given in this report will help the clients in understanding the market dynamics and align their business strategies accordingly.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM570.htm
Check DISCOUNTED REPORTS on http://www.rncos.comhttp://www.rncos.com/ |
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| Keywords |
Russia IT and Outsourcing Industry Forecast, Russia IT Industry Forecast, Russia Outsourcing Industry Forecast, Success of the Russian IT industry, Opportunities in Russian IT and Outsourcing Industry |
| Category |
Business |
| Submission Date |
Jun 20, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
| 1. |
Booming Retail Sector in India
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India is one of the most attractive destinations for retailers from all across the globe. Thanks to the entry of corporate, changing consumer behavior & lifestyle, increasing influence of western culture and rising income, the Indian retail industry has seen phenomenal growth in the last five years (2001-2006) and organized retailing has finally emerged from the shadows of unorganized retailing and is contributing significantly to the growth of the overall retail sector, according to "Booming Retail Sector in India”, a new market research report by RNCOS. The research report helps the client to analyze the opportunities and factors that will make the Indian retail industry a success.
Key Findings
- Organized retail market in India is expected to reach US$ 50 Billion mark by 2011.
- Number of shopping malls is expected to increase at a CAGR of more than 18.9% from 2007 to 2015.
- Rural market is projected to dominate the retail industry landscape in India by 2012 with total market share of above 50%.
- Organized retailing of mobile handset and accessories is expected to reach close to Rs. 5000 Crore by 2010.
- Driven by the expanding retail market, third party logistic market is forecasted to reach US$ 20 Billion by 2011.
- Apparel, along with food and grocery, will lead the organized retailing in India.
Key Issues Analyzed
- What is the market size and scope of the retail industry in India?
- What are the current market trends?
- What are the growth prospects and issues related to the industry?
- What is the segment-wise size of the organized market and what are the growth prospects of the market?
- What are the opportunities and challenges faced by the industry?
- Who are the major players in the Indian retail industry and what are the latest developments?
Key Players Analyzed
This section covers the key players currently operating in the Indian retail industry, including Subhiksha, Reliance Retail Ltd, Pantaloon Retail (India) Ltd., etc.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting and cause and effect analysis.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM112.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 2. |
MLM Success Secret – Properly Setting Goals to Achieve Ultimate MLM Results
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Goal setting is something that is often talked about as very important, but most people don’t know how to effectively set goals or get the results that goals can provide. Setting goals properly is one of the best kept MLM secrets to achieving ultimate results.
The first mistake, especially with goals in MLM, is that many of us think that we have our goals clearly defined in our head. The problem with this is that if you believe this, then you are probably misleading yourself. In fact, in classes that I have taught, when asked to write out goals on paper, most people (who say that they have goals) are completely stumped.
It’s easy to believe that you have something clear in your mind, but if you can’t write it out in 1 or 2 sentences, then you need to get more precise about exactly what you want to achieve.
Here’s a comparison that I once heard:
Goals are like buying a plane ticket. If you walk up to the ticket window and ask for a plane ticket, the person at the window will ask, “Where would you like to go?”
If your answer sounds something like, “Just somewhere nice and sunny. Maybe a place with some mountains or an ocean where my family and I can relax.” Then you are in trouble.
The person at the window will have NO IDEA where you’d like to go- and neither do you. You’d never plan a trip without knowing exactly where you’d like to end up- so why wouldn’t you plan your goals the same way?
So, in goal setting, it’s of primary importance to be clear about your intentions, and exactly what type of result you want to achieve. Here is a goal setting checklist of things that will help you achieve ultimate MLM results:
1- The goal must be tangible, countable, or measurable. If you can’t count it, weigh it, or measure it in specific numbers or time, then it’s not tangible enough.
2- Your MLM goal must be believable. If you don’t believe that you could ever achieve your ultimate MLM result, then start with something smaller.
3- You need a time table. Deadlines get results, so if you don’t have a completion date defined, it will undermine your efforts by allowing you to procrastinate.
4- Write your goal down on paper. If you don’t have written goals for your MLM, then you are wasting your time. To reach your ultimate result, your goals must be written.
There are dozens of books, tapes, and seminars all about goal setting, but if you follow these 4 simple rules, you’ll be miles ahead of the pack. Remember, the secret to getting ultimate MLM results is properly setting and following through on goals.
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RNCOS Releases a New Report- Indonesia Food and Drinks Market: Emerging Opportunities
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RNCOS has recently added a new Market Research Report titled, “Indonesia Food and Drinks Market: Emerging Opportunities” to its report gallery. Indonesia has emerged as one of the rapidly growing food and drinks industry in the South East Asia. Various factors, such as economic growth, increasing urbanization, young affluent population, and numerous regional food health and safety concerns have led to a surge in the industry.
Considering the growth potential, numerous domestic and international players have set up their facilities in a move to penetrate the flourishing market. Major investments have been made in processed food sector, such as canned goods, snack foods and ready meals, says our new research report - "Indonesia Food and Drinks Market: Emerging Opportunities". Increasing health awareness and safety concerns among Indonesian consumers have further propelled the segment.
The extensive report provides detailed overview on the consumption patterns of Indonesians in various food segments like milk, fruits, vegetables and meat. The beverage segment talks about the type of beverages, their sales and consumption patterns among consumers. This report has been made to help clients in analyzing the opportunities, challenges and the drivers critical to the growth of food and drinks industry in Indonesia.
The future outlook of the industry given in the report is not determined using any econometric or statistical model or evaluation, rather, it depends upon the past and the current market trends. The changing consumer preferences and behavior, and market trends have been thoroughly studied for identifying the future direction of the market.
“Indonesia Food and Drinks Market: Emerging Opportunities” provides five-year industry forecast (2009-2013) on various food and drinks segments, including:
- Consumer expenditure on FBT
- Meat
- Fruit
- Vegetable
- Fish
- Confectionery
- Milk
- Coffee
- Tea
- Alcoholic Drinks
- Soft Drinks
- Bottled Water
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM163.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 4. |
Government Push to Spur Growth in Indian Solar Market
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According to our new research report titled, "Indian Solar Energy Market Outlook 2012", the Indian solar industry is expected to see robust growth in coming years on the back of huge investment by the government and private sector. India's share in the world solar PV cell production is anticipated to grow in the next few years from about 1% in 2007.
The government has recently finalized a draft for the National Solar Energy Mission. According to the draft, the government is likely to fund between Rs. 85,000 Crore and 105,000 Crore for the development of solar energy in coming 30 years. It is also aiming to install solar generation capacity of 20,000 MW by 2020, of 100,000 MW by 2030 and of 200,000 MW by 2050 to make India the global leader in solar energy. This large amount of investment will definitely give strong impetus to the development of solar industry in the country.
Our research report also says that the government is providing subsidies for the development of solar energy and many well-known companies are increasingly investing in this sector. PV Technologies India (a subsidiary of Moser Baer), Titan Energy Systems, Reliance Industries Ltd, Tata BP Solar Power are among the 12 Solar PV companies which will investment Rs 76,500 Crore in the next 10 years.
"Indian Solar Energy Market Outlook 2012" provides an in-depth analysis of present and future prospects of solar power industry in India. It gives information about the energy scenario (particularly renewable energy) and studies major segments photovoltaic and thermal power. The report covers various segments of the solar photovoltaic and thermal power to facilitate clients in evaluating the opportunities for their success in India.
The research also features forecast for vital segments of the industry, including forecast for Indian solar market, various energy indicators, solar street lighting system, solar home lighting system, solar lantern, solar photovoltaic pumps, solar water heating system and solar cookers.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM187.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 5. |
Hong Kong Insurance Market to 2013
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Hong Kong is one of the most dynamic insurance markets in the world. Its geographic location, credible legal system and effective regulatory framework have helped it to become a leading insurance centre in Asia that has attracted many of the world’s top insurers, says a new research report “Hong Kong Insurance Market to 2013” from a world class research provider RNCOS.
Demand for insurance products has been rising rapidly in recent years, and is expected to continue growing substantially during our forecast period (2009-2013). There will not be any significant impact of the economic turmoil on the market as consumers have not stopped buying insurance products but simply changed their choices for insurance products. They are now opting for less risky products which have least exposure to the open markets. Thus, the decline in demand for investment-linked products is being offset by increase in traditional (non-linked) insurance products up to some extent.
Gross premium income has witnessed double-digit annual growth rates since 1990s, rising by 26.5% in 2007 on YOY basis. The market is strongly biased towards long-term insurance, which accounts for over 86% of the market, while general insurance premium make up 14%, as on 2008 end.
The report provides extensive research and rational analysis of the insurance industry in Hong Kong. The report thoroughly examines the current industry trends which are adding to the growth of the insurance industry. The report also gives future outlook considering the possible impact of recession on various segments of the industry.
The report also features forecast (2009-2013) on premium of following insurance branches/sub-branches:
- Long-term Insurance
- Life & Annuity
- Retirement Scheme
- General Insurance
- Accident & Health
- General Liability
- Property
- Motor
The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on correlations between past market growth and growth of base drivers.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM027.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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