Monday, February 27, 2012

Frost & Sullivan Press Release: ‘Military Modernization fuelling growth of IT in Defense’ — Complimentary Analyst Briefing from Frost & Sullivan

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Please find below Frost & Sullivan's Press Release titled: "Military Modernization fuelling growth of IT in Defense — Complimentary Analyst Briefing from Frost & Sullivan".

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Priya


 MEDIA RELEASE


'Military Modernization fuelling growth of IT in Defense' — Complimentary Analyst Briefing from Frost & Sullivan

To be held on Thursday, March 01, 2012, at 3:30pm IST/2:00pm UAE/5:00pm SGT


Mumbai — India, February 27, 2012—Increasing use of Information Technology for secure and real-time communication and efficient human and inventory management in the armed forces presents tremendous growth opportunities for the Indian IT sector. All modern weapons and equipment are IT intensive and their after life management requires complex Enterprise Resource Planning (ERP) and Enterprise Asset Management (EAM) suites customized to the requirements of the Indian armed forces. Although there is a lack of large system integrators in India, Indian firms are moving up the value chain through tie-ups with foreign defense majors by leveraging offset obligations.

The forthcoming complimentary Analyst Briefing (AB) titled, 'Military Modernization fuelling growth of IT in Defense'will be hosted by Aditya Desai, Research Associate, Aerospace and Defense Practice, Frost & Sullivan - South Asia, Middle East and North Africa.This briefing will be held on Thursday, March 01, 2012 at 3:30 p.m. IST.

The Defense IT market in India is in its growth stage. Keeping this in mind, the highlights of Frost & Sullivan's Analyst Briefing include: Analyses of Market Dynamics, Challenges and Issues, Technology Trends, Product Segmentation, Supplier Landscape and Market Opportunities over the next five years.

To attend this complimentary Webinar session, click here — REGISTER HERE.

How will this work:
Click on the 'Register Here' tab, given above. This will direct you to the launch page of the Webinar. Press on the 'Attend' button; this will register you for the AB. Once you have saved the HTML page, click on it and save the event to your Calendar page.

This briefing will benefit Platform Providers, System Integrators and Original Equipment Manufacturers (OEMs) by discussing key market dynamics, current state of IT applications future programs of armed forces and highlight future opportunities for IT applications in the Indian Defense Market.

"Modernization of the forces aims to equip the futuristic individual soldier as a system concept with hand-held computing devices, encrypted communication, thermal sensors and night vision devices as well as to integrate these devices with the C4I systems at the command level for improved tactical decision-making" notes Aditya Desai. "Given that India's armed forces are one of the largest in the world, the modernization program will create both long-term and large-scale opportunities for the Indian IT sector."

Between FY2011 and FY2015, India's defense budget is expected to grow at more than 8 percent year-on-year. India will spend approximately $54 billion on foreign arms and equipment procurements, which will also generate offset opportunities worth $18 billion.

About Frost & Sullivan:
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Media Contact:
Ravinder Kaur
Corporate Communications — South Asia
P: +91 99401 41714
F: +91 44 66814080
E: ravinder.kaur@frost.com

Priya George
Corporate Communications — South Asia
P: +91 98403 55432
F: +91 66814456
E: priyag@frost.com

All Sectors:
Nimisha Iyer
Corporate Communications — South Asia, Middle East, and North Africa
M: +91 98200 50519
F: +91 22 66072004
E: niyer@frost.com

http://www.frost.com


Priya M. George | Senior Executive - South Asia | Corporate Communications | Frost & Sullivan
priyag@frost.com | P: +91 44 66814456 | C: +91 9840355432 | F: +91 44 24314264 | www.frost.com
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Frost & Sullivan    Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team� with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies.   Frost & Sullivan leverages over 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.   To join our Growth Partnership, please visit http://www.frost.com.      This email, its content and any files transmitted with it are intended solely for the addressee(s) and may be legally privileged and/or confidential. If you are not the intended recipient please delete and contact the sender by return. Messages sent via this medium may be subject to delays, non-delivery and unauthorized alteration. This email has been prepared using information believed by the author to be reliable and accurate, but Frost & Sullivan makes no warranty as to accuracy or completeness.  In particular, Frost & Sullivan does not accept responsibility for changes made to this email after it was sent. Any opinions or recommendations expressed herein are solely those of the author. They may be subject to change without notice.    

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