software outsourcing

A blog related to software development company and offshore software outsourcing

Tuesday, February 28, 2006

Software Development India with Wipro

Software Development India with Wipro has got tremendous success in the field of the IT services. Country has many brand names with it, which helps it in accounting major growth in Information Technology and also in grabbing major share in IT services globally. Wipro India is also one of the most famous names globally for IT problem solution and services. Wipro, country's third largest software and services outsourcer, accounted profits and strong growth in revenue for the quarter ended December 31, signaling a growth in volume of business and higher prices for its Information Technology services as a part of Software Development India. Company also added almost 5000 work force in its export business during the quarter that takes the total no. of work force in export business around to 51,000 at the end of the quarter for IT Outsourcing services. From these 3700 were added in IT services while almost 1500 were employed for BPO services.

In late December, 2005 company also announced that it had signed an authoritative agreement to obtain mPower Software Services Inc. Company is focusing on payment systems space, mPower is the one having the global payment company MasterCard International Inc. as its prime customer. As a result of this agreement, company has also signed a multi-year services agreement with MasterCard. Wipro also stated that deal’s closing is subject to conventional closing conditions and regulatory approvals.

Wipro is now also planning to sell its other functional areas of services to MasterCard like infrastructure services, package implementation, Business Process Outsourcing, depending on its need. All these indicates the success of the company Wipro in the field of IT Outsourcing. Company is playing active role in maintaining its role on the top positions and also putting more efforts to gain the best position in the industry and also helping the country in the cause of Software Development India.

Software Development India and Technology

To strengthen Software Development India and Technology, Wipro also acquired Lustenau, Australia based chip-design company NewLogiac Technologies AG as a part of company’s effort to reinforce its R&D and product design capabilities. Company is also planning to enlarge its R&D design business, which is now accounting for around 32 percent of its revenue and also contains manpower of more than 12,000 for the better purpose of Offshore Software Development. All these figures indicate company’s active participation and growth in the field of IT.

Though company was also facing some problems regarding the employees issue in July 2005 as in those weeks almost three senior executives had resigned from the company. The last man to resign from the company in those times was Rich Garanick, company’s head of America sales. Inspite of all these departure company didn’t face any problems at all and continued to provide services globally for the purpose of Software Development India.

IT Outsourcing – TatvaSoft software development company from India, emerging company in the field of Overseas IT Services and problem solutions.