AMI has a new press release with some positive news, called, FIRE & Retail SMBs in India show a positive trend towards recovery – is the worst over?
Here’s the first paragraph:
Bangalore, India – January 8, 2010 – India SMBs (small and medium business or companies with up to 999 employees) took requisite steps to increase revenues in the fourth quarter of 2009. These SMBs are set to spend US$4.49B on ICT in the next three months. There is a significant increase in investments for new customer acquisition among verticals such as transportation, construction, healthcare and FIRE (comprised of banking and financial services, insurance and real estate). This comes from the latest study by New York-based Access Markets International (AMI) Partners, Inc. In the retail sector, over one fifth of India SMBs mentioned another key focus area for technology adoption is data management.
Read the full release here.
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