Offshore Software Development in India
Offshore software Development Services in India
Drawn to the appeal of India's sizable talent pool in software field, Enterprises across the USA outsource their IT related development and maintenance projects to Indian offshore service providers. India has undoubtedly built a reputation for offshore software development and maintenance as a global outsourcing powerhouse for the US and European companies.
Indian outsourced OFFSHORE SOFTWARE DEVELOPMENT services to add 50 Billion Dollars in 2013
India is known for offshore IT development space a decade ago. Indian software companies have kept pace with changing offshore IT development needs and have evolved from a low cost outsourced software service provider status to a value driven service provider status. Not to mention, the offshore industry is worth 100 Billion Dollars in India. Stimulated by this new wave of developments, Indian offshore development and maintenance companies are upbeat to expand their market size by focusing on the changing client's preferences and leveraging their past experiences to offer business driven software applications.
Select bellwether companies like TCS, Infosys, and Wipro are changing the IT landscape and offshore development sector in India. Drawing cheers from a 100 billion dollar sector, many small and medium size software companies have sprung up across the country and have started providing outsourced software development services tweaked to business and regional needs. Indian software development outsourcing is expected to add an extra 50 billion dollar in 2013, in contrast to the year 2012 which kept offshore development from reaching its full potential due to lack of IT reforms and political gridlock. Motivated by this upbeat outlook, India is all set to emerge as a mark of a true offshoring powerhouse.
Top companies in the US, UK and European countries form a major bloc of clients in the Indian software offshoring industry due to the favored factors of flexible policies, well equipped infrastructure and judiciously mixed of low cost skilled labors who are fluent in English. Another factor that makes India a leader in software development outsourcing is its ability to launch products quickly in the market due to the 12 hour time zone difference. India has the largest pool of English speaking people which gives India an edge over other offshore destinations.
Offshore Software Development Facts
- India is set to grow at 6% in 2013 and is expected to match China's growth rate by 2015 according to a world bank report
- India's policies like "Information Technology Rules 2011", and "automatic routing" favor foreign companies by supporting then with stringent IT policies and IPR security
- For many countries like China, IPR protection remains a key concern of foreign R&D investors,
- In Indian law, the contractor holds the copyright interest in the software developed by it, but the Indian law also facilitates obligation of the copyright interest by the service provider in favor of the client, by entering into a discrete assignment agreement
Drawn to the appeal of India's sizable talent pool in software field, Enterprises across the USA outsource their IT related development and maintenance projects to Indian offshore service providers. India has undoubtedly built a reputation for offshore software development and maintenance as a global outsourcing powerhouse for the US and European companies.
Indian outsourced OFFSHORE SOFTWARE DEVELOPMENT services to add 50 Billion Dollars in 2013
India is known for offshore IT development space a decade ago. Indian software companies have kept pace with changing offshore IT development needs and have evolved from a low cost outsourced software service provider status to a value driven service provider status. Not to mention, the offshore industry is worth 100 Billion Dollars in India. Stimulated by this new wave of developments, Indian offshore development and maintenance companies are upbeat to expand their market size by focusing on the changing client's preferences and leveraging their past experiences to offer business driven software applications.
Select bellwether companies like TCS, Infosys, and Wipro are changing the IT landscape and offshore development sector in India. Drawing cheers from a 100 billion dollar sector, many small and medium size software companies have sprung up across the country and have started providing outsourced software development services tweaked to business and regional needs. Indian software development outsourcing is expected to add an extra 50 billion dollar in 2013, in contrast to the year 2012 which kept offshore development from reaching its full potential due to lack of IT reforms and political gridlock. Motivated by this upbeat outlook, India is all set to emerge as a mark of a true offshoring powerhouse.
Top companies in the US, UK and European countries form a major bloc of clients in the Indian software offshoring industry due to the favored factors of flexible policies, well equipped infrastructure and judiciously mixed of low cost skilled labors who are fluent in English. Another factor that makes India a leader in software development outsourcing is its ability to launch products quickly in the market due to the 12 hour time zone difference. India has the largest pool of English speaking people which gives India an edge over other offshore destinations.
Offshore Software Development Facts
- India is set to grow at 6% in 2013 and is expected to match China's growth rate by 2015 according to a world bank report
- India's policies like "Information Technology Rules 2011", and "automatic routing" favor foreign companies by supporting then with stringent IT policies and IPR security
- For many countries like China, IPR protection remains a key concern of foreign R&D investors,
- In Indian law, the contractor holds the copyright interest in the software developed by it, but the Indian law also facilitates obligation of the copyright interest by the service provider in favor of the client, by entering into a discrete assignment agreement
Source...