Dec 27 2006
Retail and IT
With India Retail market set to explode and is already pegged at 300 Billion $ , it will be interesting to see which IT companies will gain the most , worldwide retails companies allocate 7% of budget on IT so the opportunity for IT players will definitely run into billions (still looking on the actual numbers) .
My guess is companies like Oracle , SAP which has products in the area of SCM will gain along with companies like IBM , Infosys , Wipro , TCS , Satyam with there competencies in implementing these packages.
Bharti has already shown the way by outsourcing there telecom backoffice work to IBM that it pays to do so , lets see if they take the same path in there retail ventures.
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Last 7 posts by Veresh
