Are you working as an Indian IT Professional!!

Indian IT industry clocked revenues of over USD 146 billion in 2015 showing a growth of 13% over the last year and contributed over 9.5% to the total GDP of India. The sector leads the pack in services sector by employing nearly 3.5 million professionals. India is the favoured off shoring destination for IT companies globally but what made us successful in yester years will not be at our side, the game and segments are changing.

Social, mobility, analytics and cloud (SMAC) are the new fields to be mined, collectively offering a US$ 1 trillion opportunity. Cloud is the largest opportunity under SMAC, galloping at a CAGR of approximately 30 percent to around US$ 650-700 billion by the year 2020. The Social Media comes second, offering a US$ 250 billion market opportunity by the year 2020. Not to be underrated, the Indian e-commerce segment is going strong at US$ 23 billion in size and will remain a strong attractor of new talent with heavy pay raises as it braces to grow to USD 38 billion in 2016, leading by 67 % in a year.

Make sure you upgrade your talent to be in the SMAC segment, the sector will pay top dollars, provided you are ready for being employed. Do some research and learn the skills to capitalize this trillion-dollar segment. The year 2016 will see a clamor for skills in these areas and 30 – 40 % pay raise may be normal for top players in some of the segments, especially in Digital Marketing and Cloud services.