Job Vacancies For IT Professionals

The Indian Information Technology (IT) sector is expected to grow 11 per cent per annum and triple its current annual revenue to reach US$ 350 billion by FY 2025, as per National Association of Software and Services Companies (NASSCOM).India, the fourth largest base for new businesses in the world and home to over 3,100 tech start-ups, is set to increase its base to 11,500 tech start-ups by 2020, as per a report by NASSCOM and Zinnov Management Consulting Pvt Ltd.

Indian information technology (IT) spending is forecast to reach $73.3 billion in 2015, up 9.4% from $67.1 billion in 2014, said a new report by research firm Gartner Inc. The pace of IT spending in India may make it the third-largest IT market in the Asia-Pacific by 2016 and second-largest by 2018, after China, it said.

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 workforce. 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.

The ever growing IT industry has also resulted into numerous job vacancies for IT professionals. The job opportunities for IT professionals exist throughout the world. In India alone various cities are termed as IT hubs - Mumbai, Pune, Bangalore, Hyderabad, Chennai & so on. The job seekers need to keep themselves informed as regards various job fairs, job classifieds and to keep track of prominent job portals in order to secure best job vacancies in the job market.

IT industry is growing and so is the need for IT professionals however you need to know your skill set and the right sources for job openings.