NASSCOM-BCG Innovation Report 2007 July 25, 2007

NASSCOM INDIA, invite you to the launch of the NASSCOM-BCG Innovation Report 2007: Unleashing the Innovative Power of the Indian IT - ITES Industry.

After its remarkable growth in the past two decades, the Indian IT- ITES industry is now a credible player on the world stage, and many Indian firms are seen as potent challengers to global incumbents. However in today’s intensely competitive business environment, sustainable success is increasingly about creating new products, applications and services that provide a radically better experience for the consumer. Firms which innovate will be the ones that survive and grow.
The term “Innovation” refers to changes to products, services, processes or business inputs. In the organisational context, innovation may be linked to performance and growth through improvements in efficiency, productivity, quality, competitive positioning, market share, etc. Future winners will be decided based on their capability to innovate and translate their innovations into financial results.
NASSCOM has collaborated with Boston Consulting Group (BCG) to conduct a study on ‘Unleashing the Innovative Power of the Indian IT & ITES Industry’ which addresses three aspects of the Innovation agenda – – the factors that form a powerful imperative for Innovation; the firm level agenda and approach for firms to spur innovation; and finally, recommendations to expand and rev up the innovation ecosystem in India.
Today, India promises more opportunities for innovative technology firms, both Indian and international, than any other country perhaps. Firms that have the ambition to grab these opportunities by developing innovative business ideas, and that tune up their cultures and systems for collaborative innovations, will reap huge benefits. This report will spur useful discussions on how firms and as well as ecosystem participants like the government, industry bodies, venture capital organizations and academia can accelerate the ability of Indian firms to innovate new products and services that will fuel not only their own growth but also meet the needs of society in India and elsewhere.
We greatly look forward to receiving you at the event. Needless to add, the launch will not be complete without your participation.

Official Website: http://www.nasscom.in/Nasscom/Templates/Events.aspx?id=51822