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Institute of Software Development and Research

Institute of Software Development and Research

The Industry Perspective

Today, software plays an important role in bringing ease of use, efficiency, accuracy, productivity in almost all domains of human activities - banking, telecommunications, government applications, education, defence, satellite control systems, social networking, etc. India is rapidly emerging as one of the most promising economy in terms of growth in the service sector especially in Software, IT and ITES comprising BPO/KPO and other allied sectors. India is the front runner state in the world's IT industry. India with a huge base of quality manpower who are well educated, fluent in English, highly talented in engineering, accounting, software and other skills dominates the current world scenario. Most of the top IT companies along with other sectoral biggies have setup bases in India and those who have not, are in the process of doing so. It seems as if world is coming to India or one can say India becoming the world itself.

The Information Technology industry in India is growing at a tremendous pace. The young and talented Information Technology professionals are making India's presence strongly felt in the global Information Technology scenario.

India is the world's largest sourcing destination for the information technology (IT) industry, accounting for approximately 67 per cent of the US$ 124-130 billion market. The industry employs about 10 million workforces. More importantly, the industry has led the economic transformation of the country and altered the perception of India in the global economy. India's cost competitiveness in providing IT services, which is approximately 3-4 times cheaper than the US, continues to be the mainstay of its Unique Selling Proposition (USP) in the global sourcing market. However, India is also gaining prominence in terms of intellectual capital with several global IT firms setting up their innovation centres in India.

Small towns to generate 3.8 million IT jobs by 2020 (Indo-Asian News Service)

The IT industry has also created significant demand in the Indian education sector, especially for engineering and computer science.

As businesses propose to double and triple their workforces and Indian companies strive to maintain their position in the global marketplace, it has become imperative to prepare and plan for a world-class, competent, talented and innovative workforce.

Clearly, the requirement now is to raise the knowledge, quality and standards of the graduates and make them competent and readily employable in the global marketplace. And there is no other better place to empower these next generation software engineers than the colleges. The demand for fully trained, competent Software Professionals has been increasing as the computer industry has expanded and systems have become more complex and sophisticated.

We, at MET, have taken an initiative for a mission of developing the trained and employable Software Engineers. We are committed to deliver quality education to the industry aspirants. We, at MET, are always ahead keeping in pace with changing career trends with single motto of providing world-class education. At MET you will find the right education, in the right setting and environment and personalised attention from faculty members.