Software firms in India

Offshore Outsourcing is the rope that is swinging Indian IT companies to global market and has made these IT companies stand beside giant US IT firms. IT continues to capture the road to international market by providing qualitative development, consulting and migration services for in-house and off-shore business activities. IT companies in India have seen an astonishing compound annual growth of more than 30% that has surpassed the last few decades revenue growth rate.

Global Delivery Model (GDM) is the binding tool that helps developing and developed nations to collaborate and co-ordinate. GDM leverages high quality business solutions at most reduced cost to developed nations utilizing resources of developing nations. Not one and only, but most important reason behind relocation of business module in another nation is the cost advantage and companies from US and other nations are eager to invest in developing nations like India to benefit from GDM. Offshore Outsourcing strategy has proved to be highly combustible, igniting other developed nations to spend. This two way communication has brought world closer and lead to integration of modules and growth of number of IT trading hubs in India. You can go through stats to find the need and demand of Indian IT professionals.

Result is very clear, US firms expanding in India will witness decrease in cost of US market and will result in increase in cost of Indian market. In coming few years Indian currency will become very costly. Major concern is that India is a developing nation and still its infrastructure is not so good to maintain continuity and streamline flow of resources. Resource pool will soon fall short compared to demand of skilled and dedicated low cost IT professionals. Project management risk can be further reduced if Indian education system and infrastructure improves.

India needs to improve its infrastructure, communication network, transportation, education system in order to retain its customers and talent repository. Companies are expanding aggressively in developing nations with new development center emerging and being set up everyday.

Icreon is an offshore software development company and offers offshore website development and software application development solution and services to global clientele.