With this revenue stream expected to decrease drastically this year, the Indian technology solutions companies are concentrating more on building global 2000 clientele. For the last 18 months or so, our business mix started moving significantly towards services for enterprises that are looking at extending their online sales presence and business processes, leveraging Web technology for process optimisation.'' The company's so-called dotcom revenue came from existing enterprises which wanted to have an online version of their business. A very small percentage was from pure Web plays. However, the Planetasia chief believes that the consumer side of things has tremendous potential, and incumbent organisations will sooner than later recognise this, and make significant investments. The general feeling in the industry is that organisations across the globe will continue to spend on technologies that will improve business effectiveness through reducing costs or increasing revenues.
Internet technologies can help organisations achieve both.
Such spending acquires an added urgency in such times, as it is imperative for organisations to run their businesses in a more cost-effective manner. B2Bs,'' adds Jalan. Outsourcing to shoot up The slowdown in the US economy has forced companies to cut down on IT spends and defer projects that aren't critical. Typically, projects that have long implementation cycles and nebulous ROIs are being deferred. However, business critical applications with clearly foreseeable ROIs in the short term will continue to be implemented.