Monday 5 March 2012

Globally, Software Consulting Services are Moving Eastward

Software consulting services emerged along with the rise of technologically advanced solutions applied in business environment all over the world. At present, the European Union and the United States are the leading world markets for software consulting, while a growing number of local companies look to outsource those services to service providers outside their respective region. The improving state of the IT education in the Asia/Pacific region, especially in countries like India, led to a situation where European and U.S.-based software consultants are no longer the only source of reliable consultancy services, nor do the services provided by local suppliers offer the best value for money in the market.

Gradually, new hubs of technological research and development, software design and development, and related software consulting, emerged in outside the traditional fortresses of knowledge-based economies in the Western world. India, along with other Asian nations and some countries in Latin America and Eastern and Central Europe, managed to develop reasonably priced software consulting services based on outsourcing, or off-shoring. According to reports by Gartner, Inc., India, the Philippines, Canada and China top the list of the countries where business process is flourishing, software consultancy being a major income generator for their respective IT sectors.

For example, India's software exports have been adding 30 percent a year on average during the past decade thus giving boost to related business sectors like software consulting, support and marketing. Other countries in the Asia/Pacific region also bet on the growing market for IT advisory services, fueled by the increasing demand for affordable and reliable services not restricted by traditional physical and regulatory restraints.

The global online business environment now shapes a market where software consultancies in countries like India or Eastern Europe are well positioned to compete on equal terms with large multinationals, providing tailored, reliable, and knowledge-based services to enterprises across the globe. Search engine optimization (SEO) provided by numerous consultants in the above mentioned countries is just the most visible part of a huge market for software consulting services that spans processes like software implementation, customization, configuration, and support among others. With the crisis-hit enterprises looking for cost reductions, there is enough room for expansion of software consulting in countries smartly investing in IT education and favorable business regulation, most experts in the field agree.

In the course of over a decade, software consultants in India and other countries outside the U.S. and Europe, gained the expertise required to provide full-scale services at the highest level, winning contracts from leading world multinational companies usually based in the West. This professional background, complemented by growing self-confidence and advanced knowledge in the field of IT, boosted the number of software consultants outside the Western Hemisphere which are able to provide world-class service. In result, even leading Western software developers are now looking for the services of India-based consultants to lower costs and get reliable service.

Obviously, the world market for software consulting services is moving eastwards in search for reliable yet affordable product, and, with virtually every business relying on some sort of software, the market for such services is destined to flourish.

1 comment:

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