As an SME concern in the Indian Textile Industry, you stand at the crossroads of the success you have seen in the past and the challenges that come your way in the future. If you are one of the companies that enjoy a global clientele and are heavily reliant on exports, you will find yourself increasingly pressured to adapt to a changing landscape in the times to come. How do you set yourself up for success in such an environment?
The first thing to note is that you are not alone! As much of the production and manufacturing relocates from the developed to the developing world, the Indian textile industry has seen a global expansion like never before. Just how important are these exports for the textile industry? In 2007-08 the textile industry exported a whopping 390,276 million (INR) as reported by the Office of the Textile Commisioner, giving us an indication of the massive scale of operations.
Tuesday, 25 August 2009 00:18
Economic conditions have changed and enterprises are now taking a fresh look at the methods and tools to effectively build, use and maintain business applications.
Two factors are responsible for that change:
- The recession. The new vulnerability of IT budgets and the consequent strain on IT teams places every company’s line of business at potential risk.
- IT technology platforms have evolved and improved. Today we have a wealth of options when it comes to choosing how we build and deploy business applications.
In particular, the evolution of Rich Internet Applications (RIA), Web 2.0, Cloud computing and Software‐as‐a‐Service (SaaS) now offer new ways for businesses to gain a competitive edge in today’s market.
SME IT