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Thursday, April 01, 2010

Converting an IT horizontal into an industry vertical

Leveraging IT is not just for outsourcing vendors in India. Other Industries are fast catching up. I would say it's a fantastic opportunity for sectors that are not particularly doing well, Real Estate and Construction for example.

HCC is a Bombay based infrastructure and construction major in India. The industry is going thro some real rough weather but that doesn't seem to have influenced their business propensities. Though operational departments have been sagging, the IT department of the company has warmed up to the situation and is now pitching in with its own might of experience gained so far. It is trying to develop as an end-to-end IT solutions service provider for the infrastructure industry. According to Satish Pendse, CIO, initially, the services sought to be provided by the upstart could be SAP implementation, GPS-based tracking devices, multiple-packaged application implementations, and end-to-end services going forward.

Innovation does not just mean feature addition or product enhancement. It can also me converting a horizontal into a vertical.
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