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    Covid Impact On IT and BPM Sector PPT Final

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    Mahesh
    The IT-BPM industry in India constitutes 8% of India's GDP. It was impacted by Covid-19 through delays in new products, decreased productivity, and difficulties managing remote employees. However, it also benefited from increased demand for cloud infrastructure, e-commerce, and online services. The government increased funding for initiatives like Digital India to support the industry's growth and help it facilitate remote work and fight the pandemic through online healthcare, education, and communication apps.

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    Covid Impact On IT and BPM Sector PPT Final

    Uploaded by

    Mahesh
    37 views10 pages
    The IT-BPM industry in India constitutes 8% of India's GDP. It was impacted by Covid-19 through delays in new products, decreased productivity, and difficulties managing remote employees. However, it also benefited from increased demand for cloud infrastructure, e-commerce, and online services. The government increased funding for initiatives like Digital India to support the industry's growth and help it facilitate remote work and fight the pandemic through online healthcare, education, and communication apps.

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    Covid Impact on IT and BPM Sector ppt Final

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    Covid Impact on IT and BPM Sector ppt Final

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    The IT-BPM industry in India constitutes 8% of India's GDP. It was impacted by Covid-19 through delays in new products, decreased productivity, and difficulties managing remote employees. However, it also benefited from increased demand for cloud infrastructure, e-commerce, and online services. The government increased funding for initiatives like Digital India to support the industry's growth and help it facilitate remote work and fight the pandemic through online healthcare, education, and communication apps.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    37 views10 pages

    Covid Impact On IT and BPM Sector PPT Final

    Uploaded by

    Mahesh
    The IT-BPM industry in India constitutes 8% of India's GDP. It was impacted by Covid-19 through delays in new products, decreased productivity, and difficulties managing remote employees. However, it also benefited from increased demand for cloud infrastructure, e-commerce, and online services. The government increased funding for initiatives like Digital India to support the industry's growth and help it facilitate remote work and fight the pandemic through online healthcare, education, and communication apps.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    Covid Impact on IT and BPM Sector

    Presented By Group K
    Executive Summary

    India is the world leader in IT and BPM services accounting for ~55% of the global services sourcing business.

    The IT-BPM industry in India constitutes 8% of India's GDP.

    Indian IT & BPM industry is expected to grow to USD 310 Bn by 2020.

    Domestic value addition is expected to rise from the current 5-10 per cent to 20-25 per cent in 5 years.

    India is the 2nd largest start-up ecosystem in the world with 18,000+ start-ups recognized by the government till
    May 2019.
    Growth in Export Revenue
    How COVID-19 Outbreak impacted IT?

    Launching Of New Products are delayed

    Decrease in productivity and performance

    Employee Management & Work Management becomes difficult

    Discussions on new projects are stalled by the clients

    Lay-offs due to decreasing business capital

    Cyber security risk increased


    Financial Performances

    Financial Performance of Q1 FY2020 compared with Q1 FY2019


    How IT Sector Benefited from COVID-19?

     Demand for Cloud Infrastructure has increased rapidly.

    Cloud  Cloud Based application got a huge demand especially (Video Conferencing,
    Online Education, Data Transfer or storage, Message application)

     Ecommerce giants gained massive customer turn out as customers


    E-commerce preferred shopping online.
     Food aggregator apps saw tremendous popularity.

     Developed Remote Work Space


    Infrastructure  Monetary savings for business since office employees are working
    from home
    How did IT help fight COVID-19?

    First and foremost we have to discuss about WORK FROM HOME (WFH). Companies & Employees
    learned how manage work flow in an organized way working from home

    It helped to create Awareness through Social Media.

    Tacking Spread Count, Protecting country from Cyber Attacks

    Digital Payments made easy for money transactions from anywhere to anyone Communication
    made easy through Social apps & Video Conference Apps

    Many Applications like Health Care, Entertainment, Essential Supplies, Online Food Delivery, Online
    Classes and News broadcasting apps were fully functioning because of IT Sector support only.
    Measures taken by Government

    Allocation of Digital India doubled to USD 472 Mn in 2018-19.

    A dedicated Software Product Development Fund (SPDF) with a corpus of USD 145.65 Mn.

    In 2020, the government released “Simplified Other Service Provider” (OSP) guidelines to
    improve the ease of doing.

    Interim Budget 2019-20 announced that 1,00,000 villages to be made Digital Villages by
    2023-24.

    As part of Union Budget 2018-19, NITI Aayog was to set up a national level programmed to
    enable efforts in AI and leverage AI^ technology.
    Conclusion

    "IT has become the most integral function of the society in the aftermath of COVID-19, As businesses and governments
    embraced IT services and support like never before. If not adopted quickly, businesses will not be able to survive in the
    market without IT post Pandemic“

    References
     https://www.makeinindia.com/sector/it-and-bpm
     https://www.ibef.org/industry/information-technology-india/infographic
     https://www. https://www.wikipedia.org
     Research Papers and Industry reports
    Thank You

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