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.

Rich Coasts “Develop” Companies – Benefits of Costa Rica for Outsourcing Software Development

In a country where the GDP is close to 50 billion dollars and climbing, Costa Rica has become a great option for offshore software development. Costa Rica is a trusted site for American business developers to set up new offices, especially in areas of software and IT research. This country has shown a significant improvement in education, land resources and GNI per capita over the past decade.

Even after the many positive aspects of this special country, some may be wondering why? Why go offshore and seek out software engineering services in a country located in Central America, when businesses can go to locations like India or China that have been known for this type of development for years? The answer lies within the many attractive qualities of Costa Rica in terms of location and capabilities.

This country’s biggest asset to companies seeking offshore software development can be found in its location. The distance from the United States to Costa Rica is only 2,031 miles. This means that a flight to or from Costa Rica would on average take around 3.6 hours. This distance is extremely convenient in the business world, perhaps especially when comparing the travel distance to other offshore locations like India or China.

Having easy transportation and accessibility with an offshore company is ideal when looking to expand. Because of this great location, Costa Rica is situated within the Central Time Zone, smoothly facilitating the increased communication needs which characterize so many business functions. There is no delay between countries within the same time zone, allowing effortless contact and correspondence between employees in nearshore and onshore locations.

Costa Rica has made significant improvements in public education in recent years and this includes significant advancements within the upper division of education at the university-level. Many universities in the country offer information technology classes, training and degrees, making this location a great place for prospective employment. The level of education, specifically in the specialty of computer software development, has become abundant. This abundance of knowledge and ability to perform IT functions makes this country a great incubator for new tech employees and cutting edge software development.

In this area of prospective employment, safety and security remains a top priority. Whether an American business is looking for native employees or transferring personnel to Costa Rica, it is essential to understand this type of environment. Fortunately for business developers looking to expand in Central America, one may see there is a guarantee of surveillance and defense found in Costa Rica. This country has had a stable democracy for quite some time and is known for dissolving its military in 1948. A low level of violence accompanies this country and the rate of violence is far less than what can be found in the United States. Overall, international travel remains to be safe, including a low threat to international and transnational terrorism.

With low levels of violence and discourse, Costa Rica has proven to be a country that focuses on other issues like environmental concerns and green development. In the last 25 years, the country has tripled its GDP and even doubled the size of rain forests. The development made in this country is of significant value, with noticeable results. The country has also pledged, and is well on its way, to becoming the first carbon neutral country in the world by 2021. In 2010, Costa Rica produced 1.7 tons of CO2 emissions, compared to the 17.6 tons found in America. Developing in this country is a positive approach to business because of the continued growth seen over the past decade.

As upward economic movement continues, companies seeking offshore software development services, including mobile app development and agile programming, should seriously consider this unique country that has successfully navigated through many changes. Costa Rica has been a part of a strong infrastructure movement and many business leaders and professionals have benefited from this increase. A number of major U.S. corporations have trusted this region for business expansion. Despite the recognition of larger companies, smaller businesses are known for their involvement in Costa Rica as well. In the end, all of the positive aspects of Costa Rica, including location, communication and growth, make this Central American country a great place for offshore software development.

Business Software Development Outsourcing Management – To Improve the Business Efficiency

From retail market to rocket science, we all know that computers and software are a part of our existence – educational, professional and personal. A business can have software development management to make our lives easy and accurate.

A software is used to perform a hell lot of tasks: it interacts with the programs, makes data-structure and documentation and it eases any complex data structure for any business to perform better in the course of the complicated business operation.

With the advancement of the ever-growing need of automation, perfection and swift working, more weight and preference have been given to software development today. Having an excellent blend of old and advance technologies, These processes are getting refinement to run any business operation properly.

This services of a business can be done by the business internally or a software development outsourcing process can be chosen, for the sake of excellent professional skills and expertise, customer-centric approach, and a complete cost effective mechanism to maintain fast and secured business units.

Following are some advantages for software development management in a business:

1. Customized software is an all time look out, and that is much more expensive most of the time. But designing a software can save you time and money, as you can get to know which are the best softwares that are applicable for your business specifically.

2. One can save the repetitive tasks (like e.g. sending a fax or dialing a phone-number). Through a software development, this recurrence in the business functions can be automated, saving huge amounts of time.

3. You can simplify your business processes by spending in the right additional hardware equipment, e.g. scanners, bar code labels, radio-frequency identification tags, label printers, etc. through software development you can have your inventory up to date.

4. Financial positions of an organization can be known quickly; at the end of a financial year, one can know the actual profit and loss and financial strength of a business quickly.

5. With the knowledge of the business software to improve the business, there has been a search to know which business processes can be upgraded and automated by the software. This trade consciousness has given rise to huge increase in revenue in the future.

6. Through software it has become easy to procure the old data for tracking and tracing purposes. The fact that data is stored in the central database, it gives rise to the usages of the internet, and by the help of online database development one can transfer and retrieve the data 24×7 quickly. Furthermore, an order submission is at a click away by a customer in his browser. It thus smoothers the process of transaction without any hassle: the ordering data is automatically stored in your database; after that, the products have been sent to the clients’ addresses soon after the online money transfer from end of the customers.

7. All kind of business reports can be made. In times of need, all sorts of business reports can be generated in least possible times. There has been several software through which one can attain fast and cumulative business reports, and that can be distributed via e-mail among the employees.

8. A proper software can be effectively applied to reduce cost of operation with fewer employees. At the same time, detailed overview of the productivity of your employees can be ascertained easily.

Therefore, it can radically improve your business efficiency, provided you need to know which software you are to use your business work cost effectively and with a speed. As such, there have been online SQL and My-SQL database development processes to upgrade the business functionality.