Infrastructure management service is recession proof

30 January,2009 08:43 AM IST |   |  Subroto Roy

ALTHOUGH, software businesses have been badly hit due to US economic recession, the Infrastructure Management Service sector remains unaffected and is likely to remain that way in future.


ALTHOUGH, software businesses have been badly hit due to US economic recession, the Infrastructure Management Service sector remains unaffected and is likely to remain that way in future.



According to NASSCOM chief Ganesh Natarajan, companies offering IMS have seen 60 per cent growth in the sector, and is likely to add one lakh jobs by the end of this year. "Being the nerve-centre of a company, this sector is completely foolproof," he explained.

A NASSCOM study highlights that the total "addressable market estimated to be US$96-104 bn globally, 70 to 75 per cent of infrastructure management roles can be offshored. This potential could create around 3.25 lakh to 3.75 jobs by 2013.

As one NASSCOM source says, this could be India's biggest opportunity to lead the IT sector.

Director of the HCL Training Centre, Nikhil Joshi, said, "No company, anywhere in the world, would want its infrastructure management system to collapse."

Joshi also agrees that IMS is recession proof. "Even if Lehman Brothers think of closing down, it will have to sell its infrastructure to others who will have to maintain them," he explained.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
economic recession Infrastructure Management Service NASSCOM Ganesh Natarajan IT sector Nikhil Joshi