Software Outsourcing and Demand of Indian Market GloballyFriday, January 20, 2006
Software Outsourcing as we all know is the process that helps in reducing the cost of the overall project in the Information Technology industry. It helps in cost cutting and also provides many more advantages. There are lots of countries that provide these services. Among these names, India stands on the first position. Countries like China, Philippine, Russia, Africa, and many other countries are also there who are in this business of providing the services. Lots of companies are there who are almost making 60% to 70% of cost-cutting advantages by investing in these countries for the Information Technology Service and solution purposes. Among these all names India is the one which could gain more success than the other countries. Because of this Indian economy is also improved. The demand for Indian talents is now increasing in the Information Technology industry globally. More and more companies especially for the purpose of Software Outsourcing are now targeting India.
In the process of Software Outsourcing demand of Indian talents is on the top level. There are lots of reasons behind it. India is the country which provides overseas services in the field of the IT with the lower labor cost compared to the other countries. Secondly as India has large no. of population easy and enough talented manpower is available as and when required. Because of increasing demand the innovation in technology is also taking place in the country, so one can also get the facilities of latest technologies. Moreover there are lots of brand names in India which are the most demanded names in Information Technology industry worldwide. India also provides timely and dedicated services to the clients worldwide. More and more foreign investment also hikes up the Indian demand globally. Presence of international companies like IBM, Sun Microsoft and many more suggests the value of India. Unbelievably IBM has its highest investment in India as far as its overseas investment in IT sector is concerned. Software Outsourcing has been very effective for Indian economic scenario also.
Fro the purpose of Software Outsourcing Indian brand names like TCS, Wipro, Infosys and many more are leading the way. Many international companies are trying to make collaboration with these companies. As and when the idea of overseas business in IT industry takes place these brand names comes first into the mind for anyone. China is the country which is leading in hardware industry worldwide. For Software Outsourcing purpose Indian companies like TCS, Wipro and many more are getting big contracts from countries like America and Australia.
Indian name for the Software Outsourcing is famous because of the cost cutting advantages it provides. Many Australian companies are also investing heavy amount in BPO sectors in India and making almost 60% 70% cost cutting. America also believes a lot in Indian talents and doing business heavily with the country for the purpose of Software Outsourcing.