NASSCOM

National Association of Software and Service Companies
AbbreviationNASSCOM
Formation1 March 1988; 35 years ago (1988-03-01)
TypeNon-governmental trade association
PurposePolicy advocacy
HeadquartersNoida, Uttar Pradesh, India & New Delhi, Delhi, India
ServicesBusiness promotion, networking, policy reforms
FieldsInformation Technology (IT)
Business Process Management (BPM)
Members
Over 3,200 companies
Key people
Rajesh Nambiar (Chairman)
Debjani Ghosh (President)
Affiliations
Websitewww.nasscom.in

National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group that primarily serves the Indian technology industry. Founded in 1988, NASSCOM operates as a nonprofit organization and serves as a key entity within the Indian technology sector.

Events

In 2013, NASSCOM initiated a program to promote 10,000 startups in India by 2023. NASSCOM sponsors events that target startups in India. Events include:

  • NASSCOM Product Conclave;
  • NASSCOM Emerge 50;
  • Global In-house Centers Summit;
  • Big Data Analytics Summit;
  • Diversity & Inclusion Summit;
  • HR Summit;
  • NASSCOM Leadership Forum;
  • NASSCOM Engineering Summit;
  • Annual Information Security Summit, and
  • NASSCOM Innotrek.

NASSCOM organized the NASSCOM International SME Conclave in January 2019 and the FISITA World Automotive Congress in October 2018.

Collaborations

The Telangana AI Mission (T-AIM) collaborated with NASSCOM to implement the Investor Connect program, benefiting 30 startups in India as part of the Revv Up accelerator program. Additionally, NASSCOM has established multiple partnerships, including one with the Karnataka State Higher Education Council.

Membership

NASSCOM members include various information technology and business process management companies. Its members are generally:

  1. Indian IT Companies: Many leading Indian IT companies are members of NASSCOM. These include companies engaged in software development, IT consulting, system integration and related services.
  2. Multinational Corporations: NASSCOM has a presence in India and multinational corporations as its constituents. These companies mostly have operations or subsidiaries in India and are active contributors to the IT sector.
  3. Business Process Management Service Providers: Companies that provide business process management services, which include services such as customer support, finance and accounting, human resources and more, are part of NASSCOM's membership.
  4. Technology Start-ups: NASSCOM has initiatives and programs to provide technology start-ups. Therefore, start-ups in the IT and technology sector can also be members.
  5. Industry Stakeholders: Apart from IT companies, NASSCOM's constituents may include other stakeholders such as academic institutions, research institutes and individuals interested in the IT and business process management sectors.

Categories of membership

Nasscom membership is categorized as follows:

  1. Companies with an annual revenue of more than ₹500 crore per annum from IT and business process infrastructure products and services;
  2. Companies with annual revenue of ₹50 crore to ₹500 crore;
  3. Companies with an annual turnover of ₹2 to ₹50 crore;
  4. IT and IT-enabled product and services start-ups registered in India with an annual turnover not exceeding ₹2 crore through IT and business process infrastructure sectors;
  5. Companies that provide solutions/support services to the IT and Business Process Management sectors.

The organization's core focus has been ensuring high service quality standards and upholding intellectual property rights within the Indian software and BPM industries. As of January 2024, more than 2,000 information technology services companies were members of NASSCOM, including domestic software and ITES companies and multinationals operating within India, pushing the total members to 3,200 and counting. NASSCOM accounts for 90% of the industry's revenue and enables the association to drive local, national and global initiatives.

The Executive Council

Employees and members of the executive council of NASSCOM include:

Founders

Among the founders of NASSCOM were Nandan Nilekani, Siva Nadar, and Narayana Murthy. These industry leaders, along with other key figures in the Indian IT industry, collaborated to form NASSCOM to promote and represent the interests of the software and services industry in India. Notably, NASSCOM has evolved over the years under the leadership of various industry professionals, and its operations have expanded to include IT and business process automation services.

Objectives

The primary objective of the establishment of NASSCOM was to act as a catalyst for the growth of India's IT and Business Process Automation industries. The founders envisioned an industry association to bring together key stakeholders to address common challenges and promote the interests of the rapidly growing IT sector in the country. The specific objectives of establishing NASSCOM are as follows:

  1. Promotion of IT Sector: NASSCOM aims to promote the growth and development of the Indian IT sector domestically and internationally.
  2. Policy Advocacy: The association has sought to interact with government bodies and policymakers to advocate for policies that foster an enabling environment for the growth of the IT sector. These include issues related to taxation, regulation and infrastructure.
  3. Global Vision: NASSCOM aims to enhance the global vision of the Indian IT industry. This includes marketing and business initiatives to position India as an IT and software services destination.
  4. Industry Collaboration: NASSCOM aims to foster collaboration and knowledge sharing among its member institutions. This collaborative approach addressed common challenges, shared best practices and encouraged industry-wide innovation.
  5. Skill Development: To address the need for skilled manpower, NASSCOM is also engaged in education and skill development initiatives in the IT sector.
  6. Quality Standards: NASSCOM works to establish and develop industry standards and quality benchmarks to ensure the competitiveness of Indian IT services globally.
  7. 'Networking and Events: The association organizes events, conferences, and forums where professionals can network, share insights, and stay updated on the latest trends and technologies.

Over the years, NASSCOM has been instrumental in shaping the trajectory of the IT industry in India. It has evolved to address the sector's changing needs. It has played a key role in positioning India as a key player in the global IT and business process automation landscape.

See also


This page was last updated at 2024-02-14 18:27 UTC. Update now. View original page.

All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License.


Top

If mathematical, chemical, physical and other formulas are not displayed correctly on this page, please useFirefox or Safari