Tuesday, 23 October 2012

Why A Software Consulting Firm in India Can Provide Better Service at Competitive Price



During the past decade software development outsourcing has become a widespread business activity and a software consulting firm in India is far better positioned to get a business contract from abroad and for good reasons. Global economic downturn has played a role in India's emergence as leading world provider of software development services within outsourced projects but other factors like government-backed investments in appropriate infrastructure and education have been the major drivers of such a development.

India inherited a relatively well developed educational system based on a British system that has a proven record in the course of centuries. The country managed to expand its reach nationwide and meanwhile created a number of technological educational centers that served as the stepping stone for development of modern research and development centers in the field of software and hardware engineering. Later on, India invested heavily in modern infrastructure required to maintain those facilities and attract foreign investors interested in outsourcing in part or in whole their software development and software support services abroad.

In the course of a couple of decades, software consulting companies in India gained enough professional experience to compete on equal terms with counterparts in leading technological nations in the West, backed also by the rapid expansion of local software development industry and the growth of India's economy as a whole. As the number of outsourced projects grew, local software consultancies gained not only valuable experience but got access to cutting edge technologies that are rarely accessible even to leading Western software consultants. Within a few years major world software vendors and hardware manufacturers set foot in India through local consulting firms or through direct investment in regional research and development facilities which hire local software experts. A good number of software professionals later moved to locally-owned software companies or established new software consulting firms that possess both the required professional know-how and cheaper labor resource to provide extremely competitive service.

India's software consulting firms are much better positioned when it comes to payroll expenses due to some specifics of the country's economy which provides great opportunities for career development of locally-grown software expenses but still can offer more affordable services in terms of labor costs involved in a technological project. Local software consultancies have been forced to increase remunerations due to prevent brain-drain of well-trained experts but are still able to prevent India-educated software engineers and consultants from fleeing the country, while providing decent standard of living to them.

Local companies involved in computer hardware and software industry have enjoyed a stable rate of growth for more than a decade, a growth rate much higher than the industry average across the world, thus they piled significant strategic financial reserve that can be used for further service enhancement and strategic investments in infrastructure development and continuous employee training programs. During a very short period of only a few years, foreign-educated Indian software experts started to flow back to India, attracted by markedly improved work environment, more lucrative remuneration packages, and last but not least possibility to work on complex projects that involve latest technological developments in the field of hardware and software research.

That said, a software consulting firm in India is better positioned to attract projects from abroad compared with peers in the region or any other country in the world. In fact, a software consulting firm in India can afford to lower the price of its service without sacrificing quality, backed by a combination of strategic reserves piled in the past and smart investment in locally-grown experts who are well-prepared to provide world class service to customers at home and abroad.

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