The Indian Software And It Outsourcing Industry

The Indian Software And It Outsourcing Industry



The Indian Software and IT Outsourcing Industry
India's software industry has over the​ years grown in​ importance in​ the​ global market that we now have .​
the​ majority of​ revenue generated is​ from their export market (i.e .​
selling services to​ offshore companies),​ which is​ in​ heavy competition with the​ USA.
After 9/11,​ many companies around the​ world realised the​ need for offshore back-up systems and this prompted a​ rash of​ investment by banks,​ airlines,​ telecommunications and IT companies.
The Indian software industry is​ worth approximately $38billion,​ with $31billion of​ that being generated from exports.
So who are the​ major players?
Infosys (NASDAQ - INFY),​ which floated on​ the​ US stock market in​ 1999,​ is​ an​ Indian IT outsourcing with no Indian clients .​
It's purely a​ player on​ the​ global stage and one that's only growing .​
Its shares may not be on​ the​ rise right now,​ but once the​ dollar grows back in​ strength their value will show and it​ will be time to​ sell.
If you're brave and enjoy a​ venture in​ to​ the​ foreign markets India's TCS (Tata Consultancy Services Ltd) is​ another of​ the​ major players in​ India's software and IT outsourcing industry .​
Tata may be a​ name familiar to​ many of​ you​ from Tata Holdings,​ which is​ one of​ India's biggest industrial groups,​ so you​ can feel very confident about this stock's value and future .​
Currently,​ TCS (TCS.NS) is​ listed on​ India's national stock exchange.
Next up is​ Wipro Technologies (NYSE - WIT) a​ company that has over the​ past couple of​ years has snapped up various US and European companies,​ which is​ sure to​ have sent out a​ message to​ their Western competitors of​ their intent to​ continue moving forward .​
And its competitors in​ the​ West are companies which just cannot compete with India's lower wagers but higher skills level.
What can major Western software companies do to​ fight back? Will home grown Indian companies be buying up the​ major Western players as​ they find that they cannot compete in​ the​ long-term?
I cannot answer the​ second question,​ but a​ possible answer for the​ first is​ that some of​ the​ advantages established Western companies have over emerging Indian companies are the​ experience in​ managing projects efficiently and meeting deadlines and the​ basic infrastructure within their own company and society ensures there is​ less rough and more polish .​
It's not to​ say that some of​ India's IT companies are not on​ equal (or superior) footing in​ terms of​ infrastructure but the​ companies leading the​ way in​ terms of​ infrastructure are majors such as​ TCS,​ Wipro and Infosys .​
For smaller projects,​ investment in​ India is​ a​ gamble,​ as​ you​ may not know of​ the​ products doom until the​ eleventh hour .​
Western companies survival will depend up on​ them promoting the​ quality of​ development they have to​ offer and the​ solidity of​ project management from beginning to​ end.




Related Articles:



Related Topics:

Softwares News - Softwares Guide - Softwares Tips - Softwares Advice - Softwares Videos - Softwares Support - Softwares Questions - Softwares Answers - Softwares eBooks - Softwares Help



Powered by Blogger.