GULF SHORES RESOURCES

A practical blog for impractical people
Menu
  • Home
  • News
  • World
  • Business
  • Technology
  • Lifestyle

Lorem ipsum dolor sit amet, consectetur adipiscing elit

Join Us Now For Free
Home
Technology
The year of Offshore Software Development
Technology

The year of Offshore Software Development

Katie October 21, 2020

According to analysts, on the results of 2006 the level of foreign investments into the Indian

Offshore Software Development

Industry will reach $1 billion. There is special attention of foreign investors to the Indian IT-branch is quite explainable. There is around 2% of the capacity of the world IT-market, which is more than $900 billion. However, growth rate by parameter 24-26% a year Indian high technologies have left the average world indicators far behind.

The participant firms of the world

Information Technology

market associated with the most unexpected and promising innovations in

Offshore Software Development

, was like the most daring computer crimes with the Indian experts in the high-tech sphere. From many years, international IT organizations have been good form to import programmers from India. Buying up from Indian IT-experts, the western investors have for the first time transferred to the buying up of the shares of Indian companies. However, it is only recently that the majority of Western participants of the Offshore Software Development have started thinking about more serious investments in the country like India. This has been the year’s main trend. According to the evaluations of some companies, this year foreign investors have invested around $900 million into the Indian Offshore

Software Development industry

compared to 2004 the level of investments increased by more than 75%.

Such growth rate of investments into the Offshore Software Development is quite justified context to the Indian Economy, they say in the Ministry of Information and Communication. One of the reasons is the positive expectations of the participants of the market and of the investors that are connected with the shaping of a full-scale normative base, which actually singles out the Information Technology branch and guarantees the stable development of this segment. Look one example which shows that, like the adoption of the Law on Digital Electronic Signature will drastically increase the capacity of the market of IT-services and consequently the value of the companies working in it.

The experts say that, there is a combination of several factors, which are responsible for the Offshore Software Development of high-tech business in India: the global economic growth, the increase state demand for Information Technology products and solutions, insufficient proliferation of home computers. However, some firms of the market say that the circumstances of the kind were present one and two years ago as well.

By analyzing found out that the market name a lot of reasons for the growth of the Indian

Offshore Software Development market

and for the growth of the demand for the products and services offered by the Indian companies.

Both the market of Offshore Software Development and the market of retail products “packaged” versions of software oriented at home computers and medium-sized and small business are also growing quite rapidly. It is the rapid growth of the market’s software segment that they name as one of the main reasons. The high demand for the software produced in Indian is increasing both inside the country and around the world. According to the evaluations of the participants, in sum

Indian IT-programmers

will make around $2, 4-2, 5 billion on their products coming year in Software Development Industry.

Share
Tweet
Email
Prev Article
Next Article

About The Author

Katie

Leave a Reply

Cancel reply

Recent Posts

  • Knife Sharpener Reviews
  • Judgement guiding the key reason why it is best to
  • JIVE RECORDS
  • Jack Welch Loves Us
  • Jeff Walker’s Product Launch Managers

Archives

  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020

Pages

  • News
  • Privacy Policy
  • Term Of Us

Get more stuff

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

we respect your privacy and take protecting it seriously

GULF SHORES RESOURCES

A practical blog for impractical people
Copyright © 2021 GULF SHORES RESOURCES
Theme by MyThemeShop.com

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh