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Indian Software Industry and its evolving Service Capability

The Compound Annual Growth Rate (CAGR) of the IT and the Software Development Industries is about 28-30% which has been consistently maintained for more than a decade. The growth of the Software Industry and its contribution to the Gross Domestic Product (GDP) of India has been phenomenal with the contribution towards the economy growing by leaps and bounds year after year.

The contribution of the Software Industry to the Gross Domestic Product of India and the Forex Revenues earned through Software Exports has been outstripping the revenue inflow of the other Industries. The growth of the Software and IT Sectors and their contribution towards the Gross Domestic Product of India are merely a single dimension of the entire growth and evolution of the Indian Software Development Industry.

In addition to this, clients of India operating from the United States and the Europe have witnessed huge satisfaction in terms of delivery of work, cost-effectiveness and the quality of work as is reiterated in all the corroborating reports, documents, case studies and surveys. The key clients of the Indian Software Industry based in the US and Europe contributes to the Industry for about 91% of the total revenue.

While, this remains so, the growth of the Industry in terms of technological advancements, human resources, infrastructural facilities, and projects undertaken will narrate different stories on the growth prospects of the Indian Software Industry and the growth that is attained so far. Clients such as Microsoft, SAP and IBM have all outsourced their high-end projects to India as their Offshore Software Outsourcing Destination.

Starting from the back-end services, routine, mechanical and allied services and the growth of the Indian Software Industry has given rise to an increase in the knowledge capital and hence, a gradual transition to the high-end services of Research, Analysis, Engineering Services and Software Development took place in the Indian Software Industry. This was gained on years of credibility as a reliable Offshore Outsourcing Destination to some of the major clients across the world, mainly based in the US and the European continent.

The kind of high-end services undertaken from some of the major players of the world and the contribution of the IT and Software Development Industry to the growth of the Indian Economy are testimony to the constant evolving of the Service Capability of the Indian Software Development Industry.

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Ref: http://www.articlesbase.com/business-ideas-articles/indian-software-industry-and-its-evolving-service-capability-2769279.html

India Stands As the Most Benefiting Offshore Outsourcing Destination

It all started with voice processes and now more and more services are undertaken by Indian firms. Indian outsourcing breached boundaries to become a leader in offshore outsourcing in the entire world. Companies that had taken small processes have now been taking high end processes that are complex and difficult to be solved.

Services provided for the financial sectors have been on the rise with the sector contributing to about 40 percent of the outsourcing businesses of India. Telecom sectors contribute to about 20% of the Indian outsourcing business. Indian companies are behind the swifter, easier and safer transactions of the financial sector.

This trend has given rise to large scale frustration on the part of the countries that are indulged in offshore outsourcing. While companies in the American and European continents opted for Indian labor due to the affordable cheap cost, job losses were said to be on the rise in the countries that outsourced their projects to India. At the same time, Indian companies maintain that outsourcing is not only about labor cost but it is due to the fact that Indian companies have gained significant expertise in the it industry.

The ability of the Indian outsourcing firms to handle high-end processes at lesser cost with timely delivery and quality in output were said to be the reasons. Indian outsourcing firms ensure smoother functioning of the client’s services reducing the risks and increasing the effectiveness of the services.

Doing high-end services have increased the revenue inflow by almost 8 to 10 times which still is a cost effective option for the clients due to the complexity involved in these services. Indian outsourcing has been reaching new heights and the labor demand is set to increase considerably. At the same time, India becomes the most preferred offshore outsourcing destination to the clients.

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Indian programmers the best, says Bill Gates

Bill Gates, while addressing a conference in Bangalore, has said that Indian programmers are the best.

“The best programmers for Microsoft come from India,” he told an audience of 4,000 programmers during a four day tour of India.

He received a standing ovation in response, and went on to talk about how Indians could shape emerging software trends using Microsoft tools. His audience consisted mostly of people from outsourcing companies.

He said Microsoft wants to expand its Indian workforce by an additional 3000 people, up from 4000 today. He intends to spend US$1.7 billion on the expansion.

“We have done an incredible job of taking the features of new technology to 1 billion people,” he said. “But now we have to work on taking them to the 5 billion out there who need to be included…That’s the reason I want to reach out to Indian software developers who can bring down the cost of these products, not only for the growing market here, but for the global market as well.”

He spoke about the future of computing, and how he expected it to move from PCs to gadgets.

“And here (in India), I see the most lively group of programmers who understand the computing revolution,” he said.

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FREE DOWNLOAD: Offshore Software Development In India

In the case study of offshore software development we are going to analyze the success and failures of projects. This case study will help us to achieve our goals towards successful software development.

Hiring is one of the most profitable and booming market today with the emergence of globalization. With this fact in mind, stakeholders start to hire people who are globally competitive and skilled. But the hiring process is bit complicated. Let’s look at the classy ways to hire the very best personnel.

Most of the Indian programmers and developers are paid for the full-time development. Part-time Indian developers are mostly working as freelancers. The salary of Indians is steadily increasing because of their demand in global software development. Let’s discuss about their average salary in IT industry.

You may have a project plan, know your budget and time-to-market and looking for web developers and software programmers. In this scenario, where shall you find them, how much the personnel will charge you, how come you trust them whether they can perform well or not. Let’s find the ultimate solution to overcome these challenges in the hiring process.

There are four significant stages in the offshore software development life cycle. They are inception phase, elaborate phase, construction phase and transition phase. Let us study them in detail.

Foreign clients hire Indian programmers and developers for web development in PHP, .NET, Ruby on rails, WordPress, Joomla and open source programming. There are some interesting reasons for why Indian web developers and programmers are hired by outsourcing companies. Let us see in detail.

Though there are many risks and challenges involved in global software development, the steep rise in globalization in the minds of young generation finally paves the way for software development offshore. Let us discuss how the projects are managed in offshore software development consulting.

In offshore outsourcing, an external organization is hired from a foreign country to accomplish a project just because the offshore software development companies charges lesser cost when compared to in-house consulting without any compromise in the quality or time management. Let us go through the case study of this topic.

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Indian Programmers Salary in Software Development

Most of the Indian programmers and developers are paid for the full-time development. Part-time Indian developers are mostly working as freelancers. The salary of Indians are steadily increasing because of their demand in global software development. Let’s discuss about their average salary in IT industry.

Employees are paid based on their experience levels in India. The years of experience is directly proportional to wages of the employees. The salary structure of experienced candidates who do programming in PHP, Java, Dot-net, Ruby on rails, C++, etc are given below.

* Freshers are paid Rs.6000 to Rs.8000
* 1 year experienced candidates are paid Rs.10000 to Rs.12000
* 2 years experienced candidates are paid Rs.15000 to Rs.20000
* 3 years experienced candidates are paid Rs.20000 to Rs.35000
* 3-5 years experience candidates are paid Rs. 30000 to Rs.45000
* 5+ years experience candidates are paid Rs. 45000plus

Other than than the experience, the interviewer will also analyze the personal background, educational background, financial background, previous work, analytical and logical stuff, communication and practical knowledge.

Its well known that the salary paid in any country differs from person to person and company to company as the labour cost is based on the performance, demand, market stability, quality delivery and productivity. The salary levels mentioned above are organized based on the case study of an average Indian software guy.

In India, the programmers are given payment based on how much they actually demand. In this scenario, even a well experienced developer may demand low and a fresher may demand high. It depends on the individuals how they esteem themselves. The salary range of India is very low when compare to Ireland, Canada and Israel.

Note: This article is furnished based on the facts and information collected from employees of different Indian software companies confidentially on 21st April 2010.

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Reasons For Hiring Indian Web Developers and Programmers

Foreign clients hire Indian programmers and developers for web development in PHP, .NET, Ruby on rails, WordPress, Joomla and open source programming. There are some interesting reasons for why Indian web developers and programmers are hired by outsourcing companies. Let us see in detail.

Indian companies provide the best offshore staffing solution today. Reduced cost without any compromise in the quality of the projects make India the first choice in offshore software development.

Today hiring is a common term. The companies expect gain ultimately. To make profit in business, programmers who accomplish the project successfully are hired at cheap cost. Indian programmers are having good knowledge about outsourcing companies and can easily approach them to send their developers for on-site. Another reason for this hiring is excellent supply chain management of Indian software development.

Of-course, there are so many difficulties while hiring programmers. But Indians have documented their success and failures of the projects as their case studies.

Many Indian software companies are multi-national. These companies communicate with the local outsourcing company, get the projects and assign them to one of the branches laid at offshore. People who work in multi-national companies when hired for the on-site web development, they may not find a different work culture as they have one of their branch over there.

As there are enormous programmers and developers, IT staff augmentation has been successful in India today. Those programmers who are hired from India have proved that they are dedicated, disciplined and talented enough to finish their project within their time frame and budget.

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Hire Indian Software Programmers and Developers

Indian programmers are well equipped with basic and formal education in the field of Computer science in order to cope up with technological needs in the global market. Majority of them are skilled engineers in this field who are fresh in thoughts and innovative in creation, they try their level best to explore every possible way to simplify a program in order to make it user friendly and time saving. They are known for their greater interest in learning and better execution of the same with much efficiency with the sole intention to bring out accuracy to a notch nearer to perfection. Programmers from India stick on time and are very much economical with regard to efficiency compared to any programmer available.

Software programmers are the people behind any successful application that runs having technology as its support. A software programmer works in writing a particular program in order to make an application function with the help of the computer languages which are otherwise called as programming languages. As the whole world is technology dependent the need for software programs to run applications in every walks of life rests a load of dependency on these software programmers who in fact make life easy with their inventions. Software programmers on the other hand develop technology amending the available trends in technology, rejuvenating them to the current standards.

Programmers from India are the most sought out to build up programs on a global perspective mainly because of their accuracy in handling and delivering software which helps to function applications at a much efficient and an economical manner. All these aspects contributed to an edge to the Indian programmers over the others which resulted in much offshore success and emphasized the importance of the sensitive programmers from India.

As Indian being rich in human resources, it is the need of the hour for the other developed countries to figure out human power that are intellectually strong thereby to construct programs as per their requisites in a much economical way. This contributed to a huge growth for Indian programmers as they worked out miracles in the field of programming which indirectly resulted in offshore success as well. All these facts give a clear idea about why Indian programmers are most hired globally.

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Hire Indian Programmers and Developers For Offshore Software Development

Offshore staffing, dedicated team creation, offshore software development, offshore project management are running as hot business in India today with the perspective of offshore outsourcing.

Indians have state of the art offshore development centers with a focus on security, reliability and scalability. They own dedicated servers for application demos and presentation, high-end workstations and multi platform servers. They provide state of the art communication with VOIP calling, instant access through messengers and Skype, dedicated FTP, virtual networking computation, 24/7 backup support and fast email services.

Indian programmers deliver cost-effective services to meet the client needs and become favorable IT partners for Americans and other western countries. Over a couple of decade, Indian IT professionals have a great experience and expertise in IT and ITES industry.

Not only in offshore outsourcing but also in other business that delivers software and IT solutions, India delivers the best product in world arena. In particular, Indians are good at programming and scripting, technology platform, database, operating system and development methodologies. The key for the success of Indian offshore outsourcing business is dedication.

Their Dedication involves hard work, obedience, team work, continuous learning, full-time support, instant solutions and quick response, time to market, cost-effective product and quality control.

While you hire a programmer or developer for php, .net, ruby on rails or other projects, choose the right team or person. There are many strategies and tips that have been suggested by experts and technical authors. One of the best way to hire personnel is looking at the portfolio of the company.

Portfolio will give you a detailed idea about their history, experience and services. Its our duty to check whether the products listed in the portfolio are true to our prudence.

read more… Hire Indian Programmers and Developers For Offshore Software Development