Rewiring for growth

Although many challenges have been faced by the IT industry, they have to find out some solution to tackle the problem. They cannot leave the grip to go off. Some of the extreme measures taken by the IT industry are to reduce the dependence on the US economy. They have to familiarize their products in other European regions and increase the exposure to other countries. The focus has to be shifted on the domestic market. Mainly countries like Australia and Canada have to be targeted because their economies are improving gradually. They are concentrating on newer verticals like pharma, healthcare and other utilities. They are trying to expand service lines and also to move away from linear growth path. They need to set up offshore centres that will give a global presence of that company.