India Software Development Companies are winning bigger deals

India Software Development Companies are winning bigger deals according to the latest study. The news and study also suggests that Indian Information Technology Industry and IT Companies from the house of India are ruling the Offshore Software Outsourcing market with some heavy margin. As we all know that India is the leader globally for the overseas software and other IT services. Demand of India is also increasing rapidly worldwide. More and more overseas companies are investing in India Software Development and willing to deal with Indian companies and talents. If we consider Indian IT Industries, its growth in the field of overseas development services is very impressive over the last two to three years.

The latest study suggests about the impressive and remarkable growth of Indian software service providers in the filed of overseas development services. The study indicates that market share of India has risen to 5.2 percentage of the overall value of the overseas development contracts and assignments signed so far in the year of 2006. The growth of the country is almost 3 per cent up from the figure of the year 2005 and around 1 per cent up from the year 2004. These facts and figures are released by TPI, an outsourcing advisory company. They further added that Indian service providers are also very active in participating for the bidding for contracts and the figure of the Indian success has reached over 2 billion US$.

IT Companies from India Software Development

India has become the IT Giant globally for the overseas IT services. Country also has lots of brand names that are demanded world wide for their qualitative and cost effective services. The study also indicates that IT Companies from India Software Development are increasingly gaining the contracts and overall statistics of success of the Indian Companies have gone up by 25 per cent. The overall business Offshore Software Outsourcing to India was around 128 million US$ in 2005 and has now reached to 159 million US$ in 2006 to date. Some of the Indian IT companies have really achieved the significant and remarkable growth in the current for the overseas software services. TCS, Wipro, Satyam, Infosys and HCL are some of the biggest IT brand names of India Software Development.

Along with the local IT brand names of India, overseas companies are also doing well in the country and investing heavily for Offshore Software Outsourcing purpose. Some of the well-known IT brand names such as IBM, Microsoft, Apple Software and many others have remarkable presence in India Software Development. Apart from these IT services these all companies are also investing heavily in the call-center industry in the country as India has very vide group of English speaking talents.

All these indicate the increasing growth and popularity of India globally for overseas IT development services. The growth of India Software Development is rapidly touching the sky for Offshore Software and other IT services.

Bill Gates warns for too much Offshore Software Development

Software Giant Bill Gates warns for too much Offshore Software Development assistance. Microsoft Chairman and Chief Software Architect Bill Gates advised that companies should keep their key and core functions in-house and should be less dependent on the Offshore Outsourcing Services. He also warned the companies to reduce the help of overseas service providers for the core functions of the companies, Key Engineering resources, keeping Intellectual Property Rights at home and many other key functions. According to Bill Gates, Offshore Software Development is really a good business process to cut the cost and get some good quality services. But companies should also keep in mind about the privacy and security of their resources, data and key information.

Bill Gates also stated that if the companies would depend too much on people and companies of other countries, ultimately they will be outsourcing their brains where they could make all the innovations. Sending development work to the overseas services providers and countries has been the most effective trend in current IT market and most of the companies are involved heavily with this business process. According to the Gates, companies should maintain the competitive edge by investing rather than looking for the cost cutting advantages. He also believes that companies should train more in-house engineers and avoid taking help of offshore services providers.

Offshore Software Development Services

He mentioned that most of the IT Companies from United States are cutting their Research & Development budgets by involving Offshore Software Development process to cope up with increasingly competitive worldwide market economy. Offshore Outsourcing could be one of the best alternatives for the secondary functions of the company and could help the companies to cut down the cost up to some good extent also. He also praised India and China for the best Offshore Software Development services. He mentioned that both the countries have dome remarkable growth in the field of Information Technology and US and other countries should also follow them for the same. It would really help United States to maintain the economic growth and competitive advantage.

Bill Gates also mentioned that United States should also concentrate on better education system in the field of Information Technology. He mentioned that the number of IT graduates in the country is going down compare to India and China, so the country should also concentrate hard on IT and education system and it is the main reason for the success of these companies in the field of Offshore Software Development services. Offshore Outsourcing to India or China has gained the growth because of their remarkable improvement in the filed of IT services. Both the countries are doing very well for Offshore Software Development services and it has helped them for their economic growth also.

In short the whole theme behind this concern of Bill Gates is to maintain the core functionalities of the business in-house rather than taking the help of the Offshore Software Development services.