NASSCOM is pronounced as /næs.kɒm/. The word is an abbreviation of the National Association of Software and Services Companies, which is a trade association representing Indian software and IT services companies. The spelling of the acronym follows the English language convention of using the initial letters of the full form. The pronunciation is also in accordance with the IPA (International Phonetic Alphabet) standards where 'n' is pronounced as /n/, 'a' as /æ/, 's' as /s/, 'c' as /k/, 'o' as /ɒ/, and 'm' as /m/.
NASSCOM, short for National Association of Software and Service Companies, is a prominent trade association in India that represents and champions the interests of the Indian IT and business process management (BPM) sectors. It is a non-profit organization that was established in 1988 and serves as the principal advocate for the country's software industry.
NASSCOM aims to facilitate the growth and development of the IT and BPM sectors in India by providing various services and initiatives. It works closely with the Indian government, industry stakeholders, and global organizations to create a favorable business environment, promote innovation, and enhance the competitiveness of the Indian IT industry on the global stage.
The association plays a crucial role in shaping policies and regulations related to the IT and BPM sectors, and actively works towards the advancement of research and development, entrepreneurship, talent acquisition, and skill development in the industry. NASSCOM strives to foster collaboration and networking among its members, which include leading software companies, multinational corporations, and startups.
Additionally, NASSCOM actively promotes ethical business practices, data protection, and information security standards within the industry, ensuring that Indian IT companies adhere to global best practices. It also conducts research, publishes reports, and organizes various events and conferences to facilitate knowledge-sharing and industry growth.
Overall, NASSCOM acts as a platform for the Indian software and BPM industry to voice its concerns, drive growth, build partnerships, and establish India as a global hub for IT and related services.