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Software Product

Software Product

The Indian IT industry has been primarily identified  with software services and this focus has relegated the software products  segment to the background. However, off late, the industry has seen a change in  the fortunes of this segment due to significant growth. Emerging technologies  such as Social media, Mobility, Analytics and Cloud (SMAC) are driving the  growth in this segment and helping it move to the next level. 

The Indian software products eco-system has rapidly  evolved over the last five years and today there are over 3,500 product  start-ups operating out of India. The factors that have spurred the rise of  this market include – A growing number of success stories from India, The vast  presence of global VCs, Increased corporate interest, Availability of quality incubaors/ accelerators,  Rising base of business and technology mentors.

India is amongst the “fastest growing” software product country, and it is expected that the country could have about 11,500 product  start-ups by 2020, as against around 3,500 now. India’s software product system  is currently the third largest in the world, following America and Britain,  respectively.  Israel, Germany, Russia  and Singapore follow India in the space (in no particular order).

Amrit Consultancy have been addressing mandate for software products and has required experience as well as network to assist clients in getting the right candidates.The practice serves clients  across  the industry vertical.

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