Study of Indian Software Industry based on SWOT Analysis
HUANG Feixue1, LI Zhijie 1 Department of Economics, Dalian University of Technology, Dalian, P.R..China, 116024 2 Research Institute of Nonlinear Information Technology, School of Computer Science and Engineering, Dalian Nationalities University, Dalian 116600, China huangfeixue@yahoo.cn Abstract This study’s objective is to probe of Indian Software Industry issue. The method is formulated as basedon SWOT(Strengths, Weaknesses, Opportunities, Threats) theory. This paper presented a strategical choice model of SWOT analysis. To study the effects of the proposed model, the case based on fact are discussed. The result shows that the models is feasible. This study’s conclusions could
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This plan asked the government to make policy environment for an aim of $50.0 billion in 2008, becoming one of the biggest countries of software product and export. Detail measures include zero-tariff policy, zero circulation tax and zero service tax, and immunity bank loan and risk investment. Moreover, government’s adverting to information technology leads public passion in India. 3.1.1.2 New software parks and fund for investment In June 1991, India government established the first software park in Bangalore and took preferential policies-- exemption from import and export tax to encourage overseas and domestic companies, regulated limitation for small and medium-sized enterprises to introduce computer technology, and allowed foreign enterprises to control 75 percent to 100 percent of shares, software businessmen whose product is aboard-oriented could be exempted from income tax. Preferential policies mentioned above stimulate both here and abroad investment and “brain drain” disappears. Thus, many famous IT companies establish research centers and production base in India, such as Microsoft, Inter, Apple and IBM. Some companies even divert more than half of software and development project to India. Along with coming into
SWOT Analysis is a strategic method used to evaluate the Strengths and Weakness of a company and its products, and the external factors over which the company has no control such as Opportunities and Threats.
Telstra Corporation Limited is Australia’s oldest telecommunications provider within Australia, coming from a place of monopoly within the Market to limited competition, following a full privatisation of the company from government owned to market driven. Telstra positions itself as a leader in innovator and has shaped their company’s vision towards “doing for a customer what no one else has, with 1 click, 1 touch, 1 button, 1 screen, 1 step solutions that are simple, easy and valued by individuals, business, enterprise and government” (Telstra, 2014). This report will look deeper into the telecommunications industry and the market into which it competes, who the main players are and what Telstra will need to do to remain competitive.
SWOT analysis is an examination of an organization’s internal strengths and weaknesses, its opportunities for growth and improvement, and the threats the external environment presents to its survival. Originally designed for use in other industries, it is gaining increased use in healthcare. Steps in SWOT Analysis The primary aim of strategic planning is to bring an organization into balance with the external environment and to maintain that balance over time . Organizations accomplish this balance by evaluating new programs and services with the intent of maximizing organizational performance. SWOT analysis is a preliminary decision-making tool that sets the stage for this work.
As part of developing market strategies, a company should know where it is strong or slack, as well as consider past experiences and future possibilities. One such means is a SWOT analysis. The worth of this tool lies in its simplicity and clarity by scrutinizing the internal
Businesses in the same industry compete against each other to meet their organization goals and sustain competitive advantage over one another. But to meet those goals, it’s important for businesses to analyze their internal and external environment to allow them to come up with new business strategies beneficial to the business. Firms can use SWOT as a starting point. SWOT is a basic technique that can be used by business owners to analyze their business and industry condition (Dess, G., Lumpkin G.T., Eisner, A., McNamara, G, 2013). Using SWOT will help business owners understand the strengths, weaknesses, opportunities and threats of their business. It would help them analyze and come up
SWOT analysis is a popular analysis tool used in different situations that include not just business and marketing but also project planning and personal career development (Chapman 1995-2012). As for the strategic planning, Kenneth Andrews popularized his idea that good strategy means keeping a fit between the external situations a firm faces and the internal capabilities (Hill and Westbrook, 1997). The format the SWOT analysis presented is a 2x2 'internal/external' matrix, in which questions and relative answers can be listed for analysis (chapman 1995-2012). And according to Hill and Westbrook (1997), the output of SWOT analysis comes from meetings facilitated by consultants or managers to contribute the final analysis. Brainstorming can be used for filling in the sections to answer the questions. In addition, similar arguments should be concluded and ranked according to their answers in meetings (Rauch, 2007). As for the newly developed analysis, the TOWS matrix matching the various factors enables companies to stimulate new strategic initiative (Dyson, 2004).
The SWOT analysis provides information that is helpful in matching the firm’s resources and capabilities to the completive environment in which it operates. As such, it is instrumental in strategy formulation and selection. The followings are show how a SWOT analysis fits into an environmental scan.
A SWOT analysis looks at the strengths and weaknesses of a company and the opportunities and threats. When used in business it can help a company carve a sustainable niche in the market. A SWOT analysis can be a powerful tool that can assist a company in uncovering opportunities that they can exploit. If a company can comprehend their weaknesses they can then manage and eliminate threats that would otherwise have caught them off guard. By a company looking at themselves and their competitors and using this tool, a company can come up with a strategy that will set them apart from their competitors.
Strategic management is an important part of business planning. It helps create strategies for better performance, profit, and future success. Analysis of both internal and external factors is vital for a company’s proper growth. Culture, the perspectives of the company’s employees, managers, owners and clientele, and the structural and environmental elements that effect the operation of the business are all examined in the strategic management process. The purpose of this paper is to demonstrate how to analyze a company’s strategic management process by examining a privately owned, small and local business.
SWOT Analysis is a tool used by organizations in planning its future. Strength and weakness are the internal factors of the organization and opportunities and threats are external source of organization. The Internal analysis of the organization will cover the organizational position with respect to production, finance, marketing, research and development are different areas. This will reveal the organization strength and weakness like company sales volume market share profitability and so on.
However, Some findings from Menon (1999) and Hill and Westbrook (1997) have suggested that SWOT may harm performance. In their case study, all the applications showed similar characteristics including long lists and general descriptions. SWOT analysis seemed to be a failure to prioritize and there had no attempt to verify any points. As a result no company subsequently used the outputs within the later stages of the strategy process. Therefore, Hill(1997) asserted the continued use of the SWOT analysis needs to be questioned.
Amongst all the novelties, trends, and fashions appearing in the field of strategic management during the last decades, the SWOT analysis, standing for: strengths, weaknesses opportunities, and threats has enjoyed a long lasting popularity among both practitioners and researchers. The purpose of this essay is to demonstrate that SWOT analysis can be used for both businesses and individuals.
India is a developing country and is have lot of population with middle and lower middle class. Two -wheeler is most affordable vehicle for personnel ownership. Many couples with kids travel in single two wheeler. It was Ratan Tata’s dream to have a car, which these families can afford [3].
Infosys is an IT consulting company based in India but primarily doing business with North American firms looking to outsource their IT needs. With the rise of the popularity in this form of business between the United States and India, there have been several political factors in both countries that will affect the way Infosys does business. In the US, President Obama made outsourcing a hot topic of his campaign platform. With speeches such as “Say no to Bangalore, yes to Buffalo” he is looking to provide incentives to American companies to keep all of their jobs on American soil, close tax loopholes and eliminate breaks given to companies that outsource to firms such as Infosys. On the flip side though, the US government is also looking to change immigration policies to restrict H-1B visas that would have previously allowed foreign skilled technical workers to be brought in to the US on work visas. While they won’t be eliminating them, they are seeking to restrict them which would force Infosys to hire employees from the US for any work they would be doing in the country and restricting the available talent pool. Meanwhile, the government in India is making changes of their own, particularly with reforming the tax code. To encourage the growth of the Software and Technology fields the Indian government had established significant tax breaks which are now coming to an end. In addition, they have
The Indian software industry has grown from a mere US $ 150 million in 1991-92 to a staggering US $ 5.7 billion (including over $4 billion worth of software exports) in 1999-2000. No other Indian industry has performed so well against the global competition.