The Importance of India in IT Outsourcing
IT outsourcing is synonymous with India and with very good reasons too. Recent research has again and again thrown up more or less consistent figures – more than 85 percent of the software firms in the US would choose India as their preferred destination for all IT outsourcing. Indian IT companies like Wipro, Infosys are multi-billion dollar outsourcing giants with US-listed shares.
And, now, India has added another feather in its outsourcing cap. India is the partner country for the CeBIT Australia 2012 in Sydney, Australia from 22nd– 24thMay, 2012. It is a great opportunity for the Asian giant to showcase the strength of its burgeoning IT sector in Australia and to all the other participating countries and patrons at the event.
“CeBIT Australia combines Asia Pacific’s largest exhibition with an innovative and exciting conference series featuring leading ICT vendors and content owners from across the world. It is also a platform to get a first hand view of latest technological developments across the globe, explore partnership opportunities and develop trade”.
That India been chosen to be a partner country in such a prestigious event stands testimony to India’s IT prowess. India has several factors going for it that make it the most suitable destination for all IT-related outsourcing.
According to latest news reports, today, India’s IT and Business Process Outsourcing (BPO) industry is worth a whopping $100 billion, and “it directly employs 107,000 people in the United States, almost a third of whom are Americans, a figure that has doubled in five years”.
Many factors have favoured India, catapulting it to the top of the IT outsourcing heap. India has excellent international data communication links and Internet access in major cities. With the Indian economy growing at a rapid pace, the highly pro-outsourcing Indian government has invested heavily in infrastructure, technology and communication links. Thanks to significant support from the government, India has been able to build high-tech areas where technology and infrastructure are of international standards. Numerous Software Technology Parks abound in the major metros which are equipped with all the latest infrastructure to encourage and attract all the big players in the IT industry from the world over.
India’s well-organised education system produces almost 3.1 million graduates each year of which a large percentage are graduates from technical institutes. In addition to the educational and professional qualifications, Indian professionals enjoy a comfort and ease with the English language that is not shared by other rival nations such as China or the Russia.
That India will continue to dominate the IT outsourcing industry goes without saying. The goal of Indian IT today is that customers should ‘come for the cost-savings, but stay for the quality’. Indeed, from handling IT-enabled services (ITES) like call centres, SEO, to now working on complex, pure IT jobs such as development and designing, Indian software programmers and developers are in huge demand.
When companies such as Cisco, Oracle or Hewlett Packard outsource to India they do so because of the confidence they have in the Indian IT outsourcing industry. They know that they will have access to talent, quality results, fast turnaround times and low costs. That so many multi-billion dollar companies outsource to India is yet further evidence that India is renowned around the world as the outsourcing hub of the world.
Via : SBWire
Looking for Office Space in India ? CONNECT TODAY !
Connect With Us
Related Posts
- Real Estate Act comes into effect: 10 things you need to know about new law ( May 4, 2017 )
- Expats Living in Comfort – Hyderabad, India ( May 4, 2017 )
- MNC queue to Hyderabad grows longer; JP Morgan & IBM look for office space ( June 22, 2016 )
- An Apple in Hyderabad’s IT Garden: CEO Tim Cook’s big announcement Today ( May 19, 2016 )
- Hyderabad May get Disneyland Park ( April 22, 2016 )
- Indian Office Space Absorption Up 11% in Q4: Survey ( April 13, 2016 )
- Cognizant plans to add 8,000 people at Hyderabad facility ( March 9, 2016 )
- Ranked 139 in world, Hyderabad is Best Indian City to Live in ( February 24, 2016 )
- The Platina – Exclusive Commercial Space, Hyderabad ( February 19, 2016 )
- Apple, Inc set to open new $25 million Tech Center in Hyderabad, India by June ( February 16, 2016 )
One Comment
Leave a Reply to Willie Potts Cancel reply
Recent Posts
Recent Comments
Archives
- February 2018
- October 2017
- May 2017
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- July 2011
- June 2011
- May 2011
- March 2011
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- May 2010
- April 2010
- March 2010
- February 2010
Willie Potts
Aw, this was a really nice post. In idea I would like to put in writing like this additionally – taking time and actual effort to make a very good article… but what can I say… I procrastinate a lot and by no means seem to get something done.