Tony Byrne recently noted how CMS vendors are offshoring more development work. IDC also in its report observed that India is going to be a big market for content management.
There’s another trend because of which all these CMS vendors are rushing to countries like India. There are more than 1 billion people and hence there’s a huge government machinery, much of which is still not IT enabled. These include railways, airlines, hospitals, press, banks and a lot of other government organizations. This means huge (and I really mean HUGE) amount of paper based transactions. Even if 1% of them decide to go for reducing this paper based work, it will be a big ECM (especially, document and imaging) opportunity.