Wednesday 29 April 2015, Amsterdam
The report recognizes the following companies as the key players in the IT Market in BRIC: Accenture plc, Cognizant Technology Solutions Corp., Digital China Holdings Ltd., Hewlett-Packard (HP) Co., Huawei Technologies Co., IBM Corp. and Lenovo Group Ltd.
Other Prominent Vendors in the market are: Acer, AsiaInfo Linkage, AsusTek, Atos Origin, Capgemini, China National Software, Cisco Systems, Dell, HCL Infosystems, IBS, Infosys, Microsoft, National Computer, Neusoft Group, Oracle, SAP, TCS, Wipro Infotech and Xerox.
The report said: “The next stage of evolution of the global information network may be the IUnternet-of-things, which refers to grids of “objects” embedded with electronics, software, sensors, and connectivity. The IoT has opened up many opportunities on which BRIC countries are making their mark.”
According to the report, increase in government initiatives drives the growth of IT in the BRIC countries. For instance, a greater number of technology parks and SEZs attract foreign investors. The government has also worked to attract foreign investors and provide work opportunities to Brazilians.
Further, the report states that policy paralysis in BRIC countries hinders the growth of the market, as widening current account deficits negatively affect the IT spending in these countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.