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The private sector is that part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state.
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Sole trader Partnership, either limited or unlimited liability Private Limited Company or LTD-limited liability, with private
shares Public Limited Company – shares are open to the public. Two
examples are: i) Franchise – business owner pays a corporation to use their name,
receives spec for the business. ii) Workers cooperative – all workers have equal pay, and make
joint business decisions.
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Telecommunication Software Engineering/IT Power sector Hardware Manufacturing Home Appliance and VLSI design, etc
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The software industry includes businesses involved in the development, maintenance and publication of computer software using any business model.
The size of the worldwide software industry in 2008 was US$ 303.8 billion.
The global software market will have a value of US$ 457 billion, by 2013.
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There are several types of businesses in the software industry, i) Infrastructure software, including operating systems,
middleware and databases
ii) Enterprise software, the software that automates business processes in finance, production, logistics, sales and marketing
iii) Security software
iv) Other companies do contract programming to develop unique software for one particular client company
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Electronic design automation(EDA or ECAD) is a category of software tools for designing electronic systems such as printed circuit boards and integrated circuits.
Before EDA, integrated circuits were designed by hand, and manually laid out.
The next era began about the time of the publication of "Introduction to VLSI Systems" by Carver Mead and Lynn Conway in 1980.
This ground breaking text advocated chip design with programming languages that compiled to silicon.
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The electronic hardware industry occupies prominent position in current scenario of advanced/modern technology.
During FY02-FY10, electronics hardware production increased by a healthy CAGR(Compound Annual Growth Rate) of 16.3% from Rs 32,750 crore in FY02 to Rs 109,940 crore in FY10.
Production rate of electronic hardware
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It plays a vital role in various sectors including automobile, communication, telecom, defence, agriculture, etc. Electronics Hardware sector comprises
i) The consumer electronics industry consists of products like television, audio-video products including music systems, VCD/DVD/MP3 players
ii) The industrial electronic segment includes critical hardware technologies and systems with built in software.
iii) Computer Industry personal computers, servers, data processing equipment and peripherals such as monitors, keyboards, disk drives, printers, modems, and other attachments.
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iv) The communications sector covers the areas of network infrastructure, services, technology and equipment production.
Hewlett-Packard Company, commonly referred to as HP, is an American multinational information technology corporation specializes in developing and manufacturing computing, data storage, and networking hardware, designing software and delivering services.
Major product lines include personal computing devices, enterprise, and industry standard servers, related storage devices, networking products, software and a diverse range of printers, and other imaging products.
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HP's posted net revenue in 2010 was $126.3 billion, in 2009 net revenue was $115 billion, with approximately $40 billion coming from services.
Major product lines includes, HP's Imaging and Printing Group HP's Personal Systems Group HP Enterprise Business HP Software Division
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Excellent remuneration packages Salary increases based on performance Excellent medical schemes Better promotion opportunities More networking opportunities Challenging offers
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