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Embedded IT segment to create more jobs

January 2004 : Good news on the embedded software front as several outfits are stepping into this segment in pursuit of expanding their product portfolios. In the offing, is the creation of more than 5000 jobs that will fill the rapidly growing requirements in this sector.

Frost & Sullivan, completed a study that estimates the embedded software market at $700 million with a growth of 30 per cent. An earlier news article gives an insight into the key sectors that are driving the growth of the overall embedded space (both software development and hardware design) - automotive and industrial electronics, digital consumer electronics, enterprise and carrier class communications, wireless, broadband, aerospace and even defence.

Several firms in the embedded technology space, like STMelectronics, Samsung India Software Operations, Sasken Communications recently declared that they were hiring engineers with embedded software expertise.

The current workforce is around 10,000 engineers employed in companies like STMelectronics, Intel, Cypress Semiconductors, Wipro and Sasken Communications amongst others.

 

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