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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1173 |
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$ 4-5 billion
- Market capitalization of IT shares will be around U.S. $ 225 billion
Exports of $50 billion are projected for the current year, 2008.
In this industry, firms get a first mover advantage in terms of technology. Firms who are successful in implementing particular technologies and processes gain advantage over other companies in bagging the maximum number of projects...
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Companies which have come up first, have built a brand for themselves that the best engineers in the country go to them even at a lower salary. This can be termed as pre-emption of strategically valuable assets.
Apart from the above, since the industry was characterized by technological innovations, changes in demand and emergence of new customer needs, we were lead to conclude that IT industry was an emerging industry...
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