The software outsourcing market during the global financial crisis
IPTV software, Software development methodologies | Posted: December 3rd, 2008 | admin
The information technology industry today is an integral part of every sphere in the world. Belarus, Russia, Ukraine also did not become exception here. Over the past few years, many international and domestic companies came to the IT market. The high growth of this segment has led in turn to the competitive job market. It is therefore not surprising that for several years we have shortages of qualified personnel and wage growth. The most popular professionals of the sector – are middle-level managers, system administrators, Java, PHP,.Net programmers, Computer Systems engineers, testers, webmasters, a systems integrators. However, you can take that level of salary of IT-specialists reached its maximum, or close to it.
An additional factor there is a global financial crisis that has affected the major players in the IT market. However, we are not expecting major losses, mass layoffs or budget cuts in IT in the near future.
The reason – it is the role of IT-industry business and the specifics of the work. First, many IT-projects are long-term and budgets for companies implementing information technology products are approved in advance, so IT-companies have orders and projects for the same period. Secondly, IT specialisation (like development of Internet TV software solutions) increases the efficiency of the company, which is an essential factor in the crisis.
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5 Responses to “The software outsourcing market during the global financial crisis”
December 28th, 2008 at 2:41 pm
This has always been my argument and I have seen it happen time and again: i.e. that investing in software results in higher income due to higher production. We did a project for a company that ended up saving them between 8 – 25 minutes per quote. It was simply impossible to go beyond a certain number of quotes a day without software.
Software outsourcing is a great way to go for companies needing software if the company they are dealing with has good references and is reliable!
January 21st, 2010 at 10:30 am
Sometimes softwares are not reaching the users needs. Skilled manpower is still the answer to the rusty softwares.
January 25th, 2010 at 7:45 am
I think that this is one of the good business strategy in order to save money and discover talents from other parts of the country.
January 25th, 2010 at 10:39 am
i have read your article Really Nice one.because Now a days not only big companies like Adobe, Microsoft are doing software and product development in India at their development center. But now many other small to medium scale companies have started software and product development and started entering into outsourcing software product development. It is considered that, increase in business will be around 100% in offshore outsourcing product development.
April 12th, 2010 at 8:20 am
Thanks for the article. Outsourcing is also a good way of lessening unemployment rates in all parts of the world.
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