bangalore its been a happy 2010 for the tech industry it ushered in glimpses of recovery while the second half of the year brought in growth hiring and resilience pumping in a sense of confidence back to the markets which were shattered by the global economic meltdown the highlight was the revival and the resilience it showed it companies posted good numbers clearly signalling that the risk of a double dip recession emerging and disrupting growth are now behind us besides hiring plans and increments were back on board demonstrating the feel good in the sector so while 2010 was characterized by restructuring consolidation pragmatic learning and smart budgeting 2011 will continue to build on that and move ahead say industry experts the outlook for 2011 is positive and promising and innovation would be the key going forward they said kris gopalakrishnan ceo of infosys technologies says the year 2010 brought us out of the recession growth is back hiring numbers have picked up next year the focus will be on innovation around emerging technologies like cloud computing and various mobile technologies on the business side companies will focus on new geographies new industries and new ways of engaging clients its not going to be limited to new technologies though avinash vashistha ceo of tholons inc says verticals like retail healthcare and bfsi were key growth drivers during this year and these spaces will continue to remain sunshine sectors throughout the year ahead as well we expect it and bpo sectors to grow in 30 and 20 range respectively the outlook is positive for large players there is a word of caution for small and medium companies though vashistha says small and medium enterprises were not able to participate in the growth story of 2010 and their future will continue to be grim in 2011 too thats why we see certain companies like igate are trying to quickly gain some weight and size he said arup roy senior reserch analyst at gartner india echoes similar sentiments though the industry is on a positive footing there are clear trends emerging that marginal players could face tough times and we can thus expect more consolidation next year according to siddharth a pai managing director of tpi 2010 was an year of recovery and restructuring of the markets and existing contracts many large 57 year deals were restructured and renegotiated and large indian service providers were able to win some of these contracts this year next year will bring in some incremental growth in such contracts won by domestic providers that means more work will flow offshore to india and other low cost destinations in 2011 which is good news innovation truly is key to going forward in 2011 in the product front it will be about the point of design having an impact as a business advantage in architecture engineering and construction and manufacturing spaces customers today are no longer asking us if they