Why India is a Favorite Offshore Software Development Destination

India’s share of the global offshore software development market is nearly about 44%. India exported IT and ITeS services worth more than $40bn in the year ended March 2008, a rise of nearly 20.65% over the previous year. STPI director general, N Krishnan, said the all-India tentative IT/ITeS exports stood at Rs 2,04,662 crore in 2008-09 as against Rs 1,80,155 crore in the previous year, registering a growth of 20.65 percent.

In today’s competitive world, the offshore model is viewed as more than just a TCO (total cost of ownership) factor. It enables companies to excel at their core competencies while delegating/outsourcing the other non-core aspects of the business to an outsourcing partner. The offshore, outsourcing model truly enables an ecosystem where everybody wins including the company, outsourcing vendor and most importantly, the customer.

Besides cost savings, other benefits include forming virtual teams with exceptional portfolio of workers from around the globe; ability to operate a business network with surety of maintaining the compliance of set standards; increased productivity as a result of having focused professionals working for a considerably lesser payout; and saving up on logistics, infrastructure, taxations, specialized resources and management manpower and costs.

What makes India different? India is the only developing nation in the world whose economy’s structure is similar to a developed economy structure. India generates 52% of GDP from services and that’s quite a unique thing. The primary reasons for this economic structure is the political, cultural and educational infrastructure India has developed over last 60 years.

The government of India has enabled an ecosystem including policies and political environment, which has been helpful in improving the infrastructure as well as communication required for offshore software development services. The government has been a great supporter for software firms by providing the basic infrastructure required for an outsourcing company to thrive thus playing a major role in contributing to the success and well-being of IT outsourcing to India.

On the cultural level, being a democratic and tolerant culture; Indian social framework has inculcated the basic ingredients required to provide effective services. As the base of Indian society is primarily based on co-existence with others, it’s natural when it comes to extending services to companies all over the world.

On the educational aspect, India has huge reserves of highly qualified and English speaking workforce with minimum education as bachelors and masters. The IT professionals are highly skilled and qualified in their respective streams. Some of the Indian universities are ranked among the top schools in the world.

With the internal market booming and the very favorable environment for offshore, outsourcing software development services; Indian software and BPO segment is expected to grow at a rate of more than 16 per cent to become a 132 billion-dollar industry by 2012.

Software Development Profession: Highly Attractive And Highest Paying

We are well aware of the fact that the reason many businesses today are flourishing is because of the high end and highly efficient soft wares they make use of. Whether it is making use of SAP for accounting, Corel for architecture, Java for games, C++ or other such packages which help in designing, calculation, accounts and almost ever field that can be thought of, these soft wares have made businesses meet on a global platform.

So who does this brain child belong to? These are the creations of software engineers, also known as software developers, designers, etc. Developing a software means development of a product in a structured manner to meet the specific needs if the client or business. It is related with computer programming and involves designing and coding programmes to help in making business more efficient and save time. There is a huge demand for software engineers in every organization, and there is an equally large market available of these specialists. They are like magicians who create application never thought of, which are of cutting-edge technology and also help make processes much simpler and more accurate.

There is a huge demand for software engineers because technology is changing so rapidly, that if industries are slow, by the time they adopt a certain new technology, it may already have become obsolete and they may not be able to sustain themselves. Thus, software engineers look into the future, anticipate the needs and requirements, and make necessary changes to prepare for the future hi-tech generations.

Every industry, whether trading, manufacturing, construction, real estate, pharmaceutical, entertainment, hospitality or education has technology as an indispensable asset. They are so dependent on it that incase a system or particular software crashes, and if there is no software engineer, that day becomes dooms day for the company.The use of technology for advertising, storing vast amounts of information, assortment of data, analysis and calculation of huge numericals, social media, special packages designed to suit the requirements of different industries are all the need of the hour for every business.

The computer industry is an excellent field for employment and continues to be equally or perhaps even more promising in the coming years, and it is found that in the years to come, software engineers would be the most sought after and hence it is a very lucrative career option. This is also evident from the fact that, it is one of the highest paid jobs as compared to any other profession and it is not monotonous, because with the changes in technology and customer requirements, there is so much to explore, create and visualize. Software engineers have the liberty to choose which field they wish to work in depending on their interest since there are huge opportunities and opening available in any industry, ranging from manufacturing, retail and marketing, right up to gaming and architecture which can be a passion as well as a wonderful career for individuals.

Choosing the Right Software Developer

The need for software development is rising each day. So much of our communication, especially when it comes to business and marketing, involves computers or cell phones. With the rise in demand, there is no shortage of options. How does someone with virtually no programming knowledge go about finding the right software developer?

First, as always, do your research. Even knowing what it is you are looking for in a developer takes a bit of education. Finding the right developer that can turn your idea or project into a usable software application may seem daunting, however there are a few points you need to consider.

First, cheaper isn’t always better. Consider the end result of your project. If this is a quick and dirty, temporary timeline, being cost effective might be your biggest priority. On the other hand if you are looking for quality programming, user friendly features, or extra bells and whistles don’t be swayed by low prices or quick delivery times. Demanding experience and references, and making sure you follow up on these will help to ensure you are happy with the final work of your developer. Find examples of what you’d like to see your project look like and what you don’t like then make sure you can communicate these properly to your developer. Being able to convey your vision and having your developer be clear on what you want and what you don’t want is the most important step to take before having anyone commit to the project.

Communication is pivotal when hiring someone to turn an idea into a reality. If you know the developer you are working with is able to communicate problems, ask questions, and most importantly, understand what you want, you will save yourself a lot of headache and make the experience pleasant. Experience, price point and delivery time won’t be nearly as valuable as finding a developer you can communicate with.

You also want to know that if you need to, you can reach your developer. Obviously you won’t be the only client that developer has, however, having someone available to work through problems right away or discuss questions or concerns you might have is going to go a long way to a smooth delivery and a superior end result. Unfortunately it isn’t just about finding the right developer, it’s your idea and you’ll need to be involved every step of the way so this is definitely something to consider when choosing your developer.