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India, China emerging as IT giants

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India, China emerging as IT giants
India, China emerging as IT giants - The Times of India

India and China coming up fast as new tech powerhouses will drive much of the growth in information technology over the next ten years, according to a new report.

Though a big gap still exists between these emerging markets and developed nations, that gap is bound to narrow over the next decade, the Forbes magazine said citing a recent Global Information Technology Report by the World Economic Forum.

Out of 138 countries tracked and ranked by widespread use of mobile phones, Internet, personal computer as well as regulatory environment and IT infrastructure, China ranks 36th and India 48th.

Among other high-scoring Asian countries, Singapore excelled in second place while Taiwan checked in at sixth, Korea came in 10th and Hong Kong 12th.

Last year, India and China also accounted for 13 per cent of the $37.7 billion venture capital investment into startup and emerging companies globally, Forbes said citing Dow Jones Venture Source.

China investment jumped 59 per cent to $4 billion while India weighed in with a 14 percent increase to $895 million - both higher than the 11 per cent spike for the US at $26.2 billion.

Analysing trends in initial public offerings, Forbes noted China claimed 22 of the 61 venture-backed companies that went public in the US last year. India also got on the IPO map with the successful NASDAQ listing on online travel start-up MakeMyTrip.

"You don't have to be a rocket scientist to figure out why nearly all the Silicon Valley venture investors are looking for their hit from Asia, China primarily but also India plus Singapore, Taiwan, Korea and yes, maybe even Vietnam," it said.

:taz::bounce::yahoo:
 
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Out of 138 countries tracked and ranked by widespread use of mobile phones, Internet, personal computer as well as regulatory environment and IT infrastructure, China ranks 36th and India 48th.
lol....that doesnt make china IT giant..
Go to infosys and know wats a IT giant would be like..
remove china from that title
 
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Some times,people here say,i smell TOIlet..now they post the news from TOI itself
HYPOCRISY
 
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I thought india is the world no.1 IT superpower. what happen here, the west must be lying about the statistics.
here are the facts...
The Indian Information Technology industry accounts for a 5.19% of the country's GDP and export earnings as of 2009, while providing employment to a significant number of its tertiary sector workforce. More than 2.5 million people are employed in the sector either directly or indirectly, making it one of the biggest job creators in India and a mainstay of the national economy. In 2010-11, annual revenues from IT-BPO sector is estimated to have grown over US$76 billion compared to China with $35.76 billion and Philippines with $8.85 billion.[1] India's outsourcing industry is expected to increase to US$225 billion by 2020

Each year India produces roughly 500,000 engineers in the country,[5][6] out of them only 25% to 30% possessed both technical competency and English language skills
India's outsourcing industry is expected to increase to US$225 billion by 2020.

Our IT exports has increased
2004--- $21billion
2005---$28billion
2006---$37billion
2007---$48 billion
2008--$64billion
2010--->$ 75 billion


that's the real facts..
now u decide ur self...

for full detail:-
http://en.wikipedia.org/wiki/Information_technology_in_India
 
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China leads BRICS in global IT industry - People's Daily OnlineApril 14, 2011

China climbed to the 36th position in the rankings of the "Global Information Technology Report 2010-2011: Transformation 2.0," released by the World Economic Forum on April 12, 2011.

Sweden and Singapore continue to lead the rankings, taking first and second place, respectively. The Nordic countries and Asian Tigers confirm their leadership in adopting and implementing ICT advances for increased growth and development. Finland jumped to third place, while Switzerland and the United States are steady in fourth and fifth place, respectively. The 10th anniversary edition of the report focuses on ICT's power to transform society in the next decade through modernization and innovation.

Since 2006, China has leapfrogged 23 positions and is among the 10 most improved countries over five years. The government recognizes the importance of ICT and innovation for the development of the country.

Businesses are relatively quick to adopt new technologies and have developed a taste for innovation. The use of ICT by the population is also increasing rapidly but remains relatively low because of the sheer size of the country.

With a record coverage of 138 economies worldwide, the report remains the world's most comprehensive and authoritative international assessment of the impact of ICT on the development process and the competitiveness of nations. The Networked Readiness Index (NRI), featured in the report, examines how prepared countries are to use ICT effectively in regards to three areas: the general business, regulatory and infrastructure environment for ICT; the readiness of the three key societal actors - individuals, businesses and governments - to use and benefit from ICT; and their actual usage of available ICT.

Under the theme Transformations 2.0, this 10th anniversary edition explores the coming transformations powered by ICT, with a focus on the impact they will have on individuals, businesses and governments over the next few years. Since the beginning of the report, the sheer amount of information generated by today's digital society has increased at an astounding rate.

In order to measure impact of ICT and this new data revolution, a new data sharing platform is also launched on the occasion of the report's 10th anniversary to provide users with a set of tools to explore the impact of information a "ICT, and the Internet in particular, have changed the world dramatically, and all indications point to an even higher rate of transformation of our lives going forward," said Soumitra Dutta, Roland Berger Professor of Business and Technology at INSEAD and co-editor of the report. "As the Global Information Technology Report series enters its second decade, we hope it will continue to provide policymakers and decision leaders from both the public and private sectors a unique reference and tool to address the challenges and opportunities brought about by the transformations 2.0."

"Innovation and ICT have proven a crucial lever for long-term growth, with countless social and economic benefits and the capacity to significantly improve people's life around the world," said Alan Marcus, senior director and head of information technology and telecommunications at the World Economic Forum. "Countries fully integrating new technologies and leveraging the new data revolution in their development and growth strategies, are laying the foundations for competitive, resilient economies for the future."

The report is a project within the framework of the World Economic Forum's Centre for Global Competitiveness and Performance and the Industry Partnership Program for Information Technology and Telecommunications Industries. It is the result of collaboration between the World Economic Forum and INSEAD, the leading international business school.

The Networked Readiness Index uses a combination of data from publicly available sources, as well as the results of the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum with its network of partner institutes (leading research institutes and business organizations) in the countries included in the report. This survey of over 15,000 executives provides unique data on many qualitative dimensions important to assess national networked readiness.

The presentation of the NRI rankings is followed by contributions by academics and industry experts, exploring the transformations 2.0, including the emerging Internet economy, communities to be built around digital highways, ICT growing impact on poverty reduction, localization 2.0, and the potential of mobile banking in the emerging world, among others. Furthermore, four deep-dive studies on selected national/regional experiences in leveraging ICT for increased competitiveness are included: Costa Rica, Saudi Arabia, as well as broadband approaches and developments in the European Union and United States.

The report contains detailed country profiles for the 138 economies featured in the study, providing a snapshot of each economy's level of ICT penetration and usage. Also included is an extensive section of data tables for the 71 indicators used in the computation of the Index.

The editors of the report are Soumitra Dutta, Roland Berger Professor of Business and Technology, INSEAD, France, and Irene Mia, Director and Senior Economist, Centre for Global Competitiveness and Performance, World Economic Forum.

By Kai Bucher, Cathy Li, WEF
 
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In all but the most rural areas in China, people all have cell phones and use computers.

Even my friend still in high school in my home village whose parents sell breakfast in the city has a smart phone, and all our phones can have completely either open source or chinese software, so we can never be tied down by Western monopolies.

The difference is China does not do much of IT outsourcing. Our IT is aimed inwards. In the game market, in China just 7 years ago, we had no indigenous games. Now, its hardly a month before new games come out.

Here's some sample images of Chinese games from 6 years ago, and today. Same series, called Perfect World.

完美世界 - Perfect World 1: 2005

c0226hm11s.jpg


完美国际2012 - Perfect International 2012

s1027pem07s.jpg
 
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