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Embedded related Market Information and Future scope in embedded systems: | Print |  Tell-a-friend

5.1 The industry academia gap in India
5.2 Indian Embedded Business Market Projection by ‘Frost and Sullivan’:
5.3 What are the future challenges India is facing while becoming major hub for embedded

WThe industry academia gap in India
The IT ‘outsourcing’ boom in India is now turning into ‘off-shoring’ boom. The earlier one was more of doing the ‘non-core’ software development for any of the North-American companies (From US and Europe) just because of low cost engineering talent availability in India. The later one is more of doing ‘core’ product development from India and it requires real ‘Quality’ engineers. If at all India wants to capitalize on this boom, number of quality engineers needs to be increased and the word ‘Quality Engineer’ is the need of the hour.

There are 6.5 (0.65 million) lakhs of engineering graduates and almost 1 crore (10 million) science graduates in the country and very few of them are ‘employable’ by the industry. The 6.5 lakhs translates into a suitability pool of about 2 lakhs and then the 1 crore comes down to about 18 lakhs suitable people for the industry. Apart from the above mentioned example, there is loads of media coverage on this latest ‘talent-crunch’ buzzword, but what is being ‘done’ to address this problem?

At one end bunch of fresh engineers are waiting in the queue to get jobs and at another end companies are feeling ‘pinch’ because of the talent crunch. There are multiple instances where companies are not able to hire quality engineers at the rite time and that resulted in losing the project itself.

Even though Indian IT companies are spending as much as 2000 US dollars (Roughly about one lakh) per fresh engineer to train them, it is proving out to be a costly affair for them. This is really a ‘reactive‘ approach and there is definitely a huge gap existing between the Academia and Industry.

WIndian Embedded Business Market Projection by ‘Frost and Sullivan’:
Of the $3.25 billion design market in India in 2005, embedded software contributed to 78 percent at $2.53 billion; VLSI, 18 percent at $0.58 billion; and hardware/board design, 4 percent at $0.14 billion.(Figures from Frost and Sullivan.)
The research company projects that the design market in India will grow to 43 billion in 2015 with embedded software contributing to 84 percent at $36.34 billion; VLSI, 12 percent at $5.09 billion; hardware/board design, 4percent at $1.64 billion.

W What are the future challenges India is facing while becoming major hub for embedded development?
In India there are ample amount of opportunity in the embedded domain as the Indian IT industry is making a big leap from ‘services’ to ‘product’ development. The Embedded Systems is the ‘heart’ of product development and there is a huge demand for Embedded Systems engineers. But in reality there is really a skill shortage in India where companies are not able to recruit engineers at the phase they want. Because of this demand-supply problem, embedded systems domain is one of the highly paid and hot areas in India today. If you want to make a challenging, sustainable and exciting career, embedded systems is the domain for you.

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