Wednesday 24 October 2012

Why It's Worth Looking Abroad for A Reliable Software Consulting Firm

Contracting a software consulting firm that is located round the corner is not the smartest business move one would make although good number enterprises do not pay enough attention to the process of selecting the best fit for their software projects. A popular fallacy is that local software consulting companies are best equipped to meet the requirements of enterprises that are situated in the same vicinity. In fact, modern-day technological solutions require a lot more than in-depth knowledge of regional specifics although it is an important factor to consider when looking for a reliable software consultant.

The world of technology has changed markedly in the past decade, with countries previously not considered technology leaders now enjoying strong positions in the markets for technology related services like hardware and software consulting. Nations in Latin America and Asia/Pacific have emerged as world leaders in the field of software consulting through outsourcing of technology projects, while India has established herself as world leader in terms of software consultancy projects outsourced to local firms.

India now has a long tradition in software development and software consulting, given that the widespread use of software solutions in business and households is a young market, and the country continues to invest in infrastructure required to boost development of local technological hubs. At present, such world class centers are located in New Delhi, Mumbai, Pune, and other large cities across India, thus providing the basis for further rapid development of software-related services.

Business across the economically developed nations started moving their software research and development departments eastwards, while others outsourced software consultancy to foreign-based firms, looking not only for more affordable service cost but for quality those companies in Asia/Pacific now can provide. Slowly but steadily, world economy is recovering but those foreign businesses that benefited from software consultancy services provided by India-based companies are very unlikely to start looking to replace those service providers with local ones. Of course, no business in the this world would replace a beneficial service or product with a less affordable one that does not provide better service quality unless it is forced to do so by external factors like government regulations or regional hostilities.

Thus, most industry analysts agree that India is set to retain its world-leading position in the field of software outsourcing, software consulting services including. Whether the country will be able to widen further its market share is debatable and depends on a number of internal and external factors like continuous investment in proper infrastructure and sustainable development of local educational institutions in the sphere of technology. Nevertheless, there are no signs that foreign-based companies should be careful when hiring an Indian software consulting firm for long-term projects.

Government regulations in the United States and within the European Union may influence the future of outbound software outsourcing in these huge markets but adoption of strict regulations in this field is unlikely, market analysts agree. Both Washington and Brussels advocate free market economy which does not bode well with restrictive measures that can reshape an entire industry, therefore local enterprises will continue to look abroad in search of advantageous software consulting services.

In fact, a business in, say, Europe, might experience more difficulties selecting a software consultancy based in India due to the wide choice of reliable and experienced consultants in the region. How this came to happen is an interesting topic but undoubtedly one should bet that a software consulting firm in India can give good ride for the money to a software consultant based in the US or Europe which are traditionally considered strongholds where technological advancements are made.


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