IT Software Consulting and Effects of Globalization

A number of businesses, all of a sudden, found they have to compete in a global playground where the rules of the game are quite different from those market practices they have been used to, IT software consulting a good example of such an industry. Software consultants were forced to adapt to the challenges of a fast-paced industry where customers do not feel any obligation to get services on the local market nor there are any technical difficulties to get a reliable and more affordable service based abroad.

Unlike other businesses that are heavily influenced by effects of globalization, IT software consulting should bet on proper infrastructure and know-how rather than on mobility and country-specific offers that characterize other industries trying to adapt to a global economic system. In fact, it is quite likely that two corporate customers would require the same quality and affordability of service regardless of their location or annual turnover.

In the world of business corporations based in developed economies are not likely to be happy to pay more for a service that is based in their home country only to support local providers, instead numerous enterprises look for services abroad if they can get the same quality provided at more advantageous terms. Therefore, software consulting is in the forefront of a new phenomenon, software development and consulting outsourcing, which gradually gains strength along with the widening globalization of the world economy.

The not so unlikely winners of such outsourcing are countries in the regions of Asia/Pacific and Latin America, along with a few countries in Central and Eastern Europe, which have managed to invest in knowledge-based industries, with India leading the pack in terms of software development and consulting projects outsourced to local service providers and software developers. Market analysts have predicted such development ever since India emerged as a major player within the group of BRIC countries: Brazil, Russia, India, and China, whose pace of economic growth exceeds by far the pace of growth reported within the group of so called developed nations, including the United States, Canada, and leading European economies.

Thus, India have managed to create a vivid IT software consulting industry, backed by government investment in infrastructure and technological development, higher education including. Software consulting business is a rare mix of advanced technological knowledge and traditional pricing methods heavily influenced, however, by modern means of communication and other technologies that allow for successfully performing certain tasks remotely. India's high-tech centers in Mumbai, New Delhi, and Pune are considered among the world's leading, thus giving a boost not only to local software developers and projects in the field of software and hardware research, but also to reliable IT software consulting services that are able to compete on equal terms with industry market makers.

Obviously, globalization affects much more aspects of IT software consulting business, but India's success in the field is a good sample how an entire industry can be built from scratch but with eventual benefits that will be provided by globalization in mind.

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.

Why Portal Intranet Workflow Is Widely Used in Today's Business Systems

Web portals, both public and private, the latter often referred to as corporate or intranet portals, are now so sophisticated that workflow management is considered a must-have feature used to organize, manage, and track portal intranet workflow. In fact, public web portals also rely on intranet workflows for organizing the entire operation of a portal, with those actions not visible to website visitors.

In brief, portal intranet workflow should be organized and managed in a fashion allowing certain outcomes to be produced, depending on predefined tasks to be performed. Thus, portal intranet workflow is basically about managing different tasks and the underlying processes that take place within an organization. One should bear in mind that a software system is also a type of organization from software developer's point of view.

Thus, intranet workflow, namely those tasks and processes that are performed within an organization, and whose only visible to outsiders part is their respective outcome, deals with tasks and their statuses. Hence, when the status of a task or a process that comprises multiple tasks changes, the respective task or process is assigned to another individual or group of individuals whose responsibility is to process in further until a certain goal, or status, is achieved.

Web portals and websites rely on workflow management to automate various processes and tasks usually performed in relation to content management and other processes which require high-automation level. For example, a document that is in draft status would be automatically assigned to an editor for further polishing and then scheduled for publication, according to preset rules. On the other hand, all those procedures are inter-dependent, therefore a document would be checked for revision by an editor prior to publication i.e. a document that is not edited cannot be published. Such basic functionality of content management systems is widely used in today's online environment, where automation plays an important role in the overall optimization of processes and procedures used in day-to-day activities.

In addition, portal intranet workflow requires a certain level of interoperability between different software applications because modern-day business systems usually interact with external devices and third-party software, often in real-time. Therefore, reliable portal intranet workflow depends not only on software compatibility and interoperability but also on system's overall ability to communicate with different hardware platforms and devices of various types. For example, the workflow scheme of a web portal may require email messages to be sent to users, or other means of communication to be used, subsequently those messages should be readable by any hardware device that may be used to receive notifications.

In addition, workflow management process applied in public and intranet (corporate) portals should allow for creation of a set of rules, defining steps to be completed within all and every process before it produces the desired outcome. Thus, an administrator can also define user roles and user permissions that provide the framework for completing a task without omitting a step in the process.

In the context of a complex system, portal intranet workflow management is as important as the processes and tasks it is intended to manage. Software vendors, realizing the huge potential of workflow management and under constant pressure by demanding users, now incorporate software tools for workflow management even in free web content management systems. Evidently, licensed software applications feature more powerful tools for managing portal intranet workflow, while the number of affordable solutions in this field has been growing rapidly in the past few years. Thus, reliable and affordable tools for managing portal intranet workflow are now available to both individual and business customers all over the world.

Corporate Training Should Be Part of Any Long-term Business Strategy

Corporate training and IT training can help businesses markedly reduce costs in the long-haul and set aside funds to be invested in continuous improvement of staff professional qualifications thus boosting overall competitiveness of an enterprise. Evidently, most employers expect their employees to be familiar with business software suites that include word processing applications, spreadsheets software, and solutions to design presentations. Modern business software, however, include software systems that vary from content management systems (CMS) to customer relationship management (CRM) applications to complex enterprise resource planning (ERP) solutions, while these software solutions require extensive training to familiarize with the overall concept of the respective software and get best results.

Implementation of an ERP system can take months, even years, to complete and there is no reason to believe that even the most devoted employee will be able to familiarize with such a complex software application only by experimenting with various built-in functions. Corporate training is integral part of best industry practices when the matter in hand is implementation and adoption of new business software, while ongoing IT courses are a good method to keep employees in touch with newest technologies in a particular field of business. There is a good reason for such a continuous IT training, with the main driver being the ever changing business environment where enterprises increasingly rely on software solutions to take competitive advantage over their rivals. Modern-day businesses rely heavily on cutting-edge technologies, of which many are real-time or close to real-time technologies, and the lack of expertise in this field can have bad consequences for the business as a whole.

Usually, companies socializing in the field of software development and implementation of business software systems, also provide training courses that can be performed both on the premises of the customer or in a specialized facility as part of the software adoption process. Nevertheless, businesses can make a step further and invest in continuous education of their employees, achieving a higher level of faultless operation and enhancing overall business performance and productivity, which in turn results in better overall financial results. Furthermore, IT training can be performed in a manner to incorporate the overall corporate virtues, thus evolving into a broader corporate training whose aim is boost loyalty, strengthen inter-departmental and personal relationships across the entire organization, and, in the end, create a better work environment.

Self-confidence matters and it is counterproductive not to invest in training of employees who have difficulties dealing with a software system. Modern-day business software can be a thorn in the ass even for an experienced software developer, so the average employee should undergo proper corporate training before one would expect him or her to produce acceptable results and perform according to established corporate standards. An untrained employee lacks self-confidence and in turn the entire organization would suffer.

Advocates and critics of ongoing corporate training differ mainly on topics like what should corporate training cover, agreeing that corporate training is a best industry practice per se. That said organizations that have adopted corporate training and ongoing IT courses as a best practice are considered generally more competitive and prepared to meet the requirements imposed by an increasingly technology-bound business environment. Of course, investing in such programs should be financially justified but it is worth taking a look at reports revealing that a better educated employee is generally happier, more productive and less prone to look for a job elsewhere.

Various training programs can be used to increase employees’ motivation, which is an important factor to consider when assessing whether an organization is set to succeed or fail in the long-run. Love it or hate it but corporate training should be a major element of a successful business development strategy.

Where in the World Leading IT Software Consulting Firms Reside?

Traditionally, Silicon Valley is considered the place where everything newsworthy in the world of information technologies, subsequently in the field of IT software consulting, happens. Myths aside, California is still the area where numerous leading technology firms are headquartered but, like it or not, an evident trend is that an increasing number of world-leading software consultancies are located not only outside California, but outside the United States and Europe, thus re-shaping the world software industry map.

In the course of only couple of decades, Asia/Pacific region emerged as an alternative hub for software research and development, giving birth to numerous reputable companies involved in software design and development, software implementation, and IT consulting. India is the leader of the pack in the region, thanks to years of smart investment in knowledge-based economy and development of locally-grown hardware and software experts who, despite the brain drain, are well equipped to provide reliable software consultancy service to both mid-sized businesses and leading world multinationals.

In fact, North America is no longer a world leader in the sphere of IT consulting, following several decades of massive software development outsourcing to countries like India and the Philippines, as well as regions like Eastern Europe and, to a lesser extent, Latin America. This massive and lasting wave of software development off shoring helped create several generations of well-prepared software experts at every level in those countries, professionals who are able to produce results and give valuable advice even to world-leading software vendors. For example, India's metropolitan areas like New Delhi are topping the list of the world's best places to outsource software development and research, as well as to take advantage of affordable yet world-class software consulting services.

Evidently, other world regions like Central and Eastern Europe also offer less expensive skilled labor force in the sphere of information technology; nevertheless, India cannot be beaten when the matter in question is to get competitive pricing on high quality software consulting. The only indicator that casts shadow on India's reputation as the new world center of reliable IT and software consulting services is the relatively low number of hardware and software specialists holding master's degrees, although a recent trend shows that Indian students who have graduated abroad return home more often than a few years ago, thanks to better overall work conditions and career growth opportunities provided by local IT companies and IT consultancies. Thus, the country is now experiencing an inflow of foreign educated specialists that are able to boost further India's positions as the newly emerged leader in the field of outsourced software research and development.

Local software experts, gaining valuable knowledge through taking part in projects led by world-leading software vendors, now have the expertise to provide consultancy services that previously have been available only through Western software consultants. In addition, India-based consultancies are able to offer price to quality ratio that is practically unachievable to their US- and Europe-based counterparts, due to significantly lower payroll costs coupled with access to cutting edge technologies and advanced infrastructure.

Some authors in the United States and Europe claim that their respective governments should take Draconian measures to prevent local businesses from outsourcing software development and IT consulting to countries like India, in order to encourage local growth and help create jobs. Obviously, it is a highly politicized issue and common sense hints that businesses will always seek to minimize expenditures, including through outsourcing activities like IT software consulting to third-parties that are better prepared to complete the job with acceptable quality and are able to offer a price that is lower than the one to perform the task in-house. That said, unbiased observers tend to agree that the world center of IT software consulting moved eastwards for good reasons, and there are no signs this will change in the years to come.

Why IT Software Consulting is Flourishing?

By any account, IT software consulting is a flourishing business even in times when other industries are shrinking and many sectors are losing jobs. What are the drivers behind such a continuous growth in hard times for the global economy?

First, a growing number of enterprises worldwide need to focus of their core business and cannot afford to maintain on their payroll IT consultants who are usually amongst the most highly paid experts. In time when corporations are obsessed with cost savings and cost reduction, only large multinationals can afford to retain expensive IT consultants as full-time employers, while a growing number of mid-sized and small-sized businesses prefer to hire third party IT and software consultants should a need arise.

Even small family businesses are actually forced to rely on external IT software consulting for good reasons; reputable technology blogs can offer valuable free advice but one would need expert assistance when solving issues that occur during implementation and use of business software. Thus, IT and software consultants can rely on a broad, and growing, customer base worldwide, fuelled by the rising adoption rates of various business software.

On the other hand, the growing demand for IT and software consulting services has resulted in the emergence of myriads of IT consultants, independent and corporate, who offer on-premise or online consultancy services. This in turn has made the IT consulting services more affordable to both large and small-scale businesses.

The process of corporate restructuring and organizational optimization that is taking place globally aims to improve corporations’ efficiency also through access to knowledge and intellectual property provided by IT and software consultants. Hiring third party consultants or outsourcing an entire service to external consultants is no more considered an extravagant, and to some extent unsecure step but is regarded as a necessary move in the wider context of transition to a knowledge-based economy where intellectual property plays an important competitive role. Thus, the World Wide Web is now flooded with technology blogs offering advice how to cope with the challenges of ever-developing information technology, while IT consultants enjoy steady growth of their business.

Obviously, the shift to more technology oriented business practices can be a painful process, while many common mistakes can be avoided through hiring a reputable IT consultant. One would find useful readings regarding the adoption, configuration, and support of particular software on the Internet but only a reputable IT consultant can provide the required expertise to perform the software implementation in the best possible fashion, for example. Therefore, the demand for IT consultancy services is growing while the service price is going down on average.

Today’s risk management practices often require the use of IT consultancy services as well. As a rule, an IT or software consultant is better prepared to manage and successfully complete a procedure of business software implementation or upgrade to a more advanced solution. One should also bear in mind that the specific knowledge on the best practices regarding the implementation, support, and upgrade of business software is among the well-kept industry secrets and rarely an IT consultant is going to make it public and available online.

The expanding sector of IT and software consulting now provides more than consulting services, with IT consultants offering outsourcing, restructuring and optimization services, as well as services in the field of software development previously provided by software vendors only. The evolution of the IT consultancy can result in the emergence of brand new products and services based on cutting-edge technologies, while other IT consultants would prefer to stick to traditional software implementation and optimization services. In both scenarios, IT software consulting is going to play a crucial role in the knowledge-based economies that create more wealth.

Benefits of Outsourcing to Software Consulting Firm in India

Software consulting has many faces, making it hard to provide a universal suggestion whether a particular project should be outsourced, but a consulting firm in India can offer to benefits that rivals based in the United States and Western Europe can hardly afford to provide to their customers. Service price is a fundamental factor in evaluation of all and every service, and India’s IT consultants are well known for their very competitive pricing and first class service based on first hand experience with both large scale and niche projects in the field of software development, customization, and implementation.

Traditionally, India’s software developers and vendors have been a major force in the region of Asia/Pacific, which in turn resulted in a flourishing software consultancy industry that provides advisory services domestically and abroad. According to various reports, local market for software consulting services is set to grow markedly within the next decade, while a steadily increasing number of foreign companies outsource projects and services requiring software consulting coverage to India-based consultants. In fact, India is the leading world power in the field of software outsourcing service, mainly offshore software development and research and development services, but also software consulting covering all and every aspect of the multifaceted software development and implementation process.

The country competes with behemoths like China and Canada to attract foreign-based companies, but virtually all reports by market analysts position India as a leading world power in the sphere of offshore software consulting, along with the Philippines. The two countries jointly hold over 50 percent of the world market for outsourced software development and consultancy services, with India leading the pack by a marked margin.

This development is result of wisely planned government policy of investing into knowledge-based services and industries like software and hardware research and development, with cities like Mumbai, New Delhi, and Pune cited as world-leading destinations for software outsourcing and software consultancy services thanks to global connectivity, developed infrastructure, and availability of well-trained software professionals. Thus a software consulting firm in India, especially one positioned in the above mentioned R&D centers, can rely on underlying infrastructure similar to those in the West while enjoying significantly lower payroll expenditures, for example.

Software consultancies based in Europe and the United States have to deal with highly regulated domestic labor markets, strict legislation in the field of human resource protection, and traditionally higher remuneration packages within the IT industry, and all those factors combined result in loss of competitive advantage compared with India-based software consultants. In contrast, India’s software consultancies enjoy a liberal market, where a combination of relatively low wages in the IT sector and availability of highly educated professionals in the field creates unparalleled market growth potential. Even the brain drain of domestically educated IT professionals to companies and universities abroad does not harm noticeably India’s ability to provide unrivalled software consulting services in terms of quality to price ratio, which signals further steady development of those services in India.

Software development and consulting outsourcing is mutually advantageous process, in which the service provider gains access to technology and particular know-how it would not be allowed to access otherwise. Thus, India-based software consultants gradually gained experience in fields that were previously restricted to U.S.- and Europe-based companies only, which in turn gave a marked boost to their competitiveness in terms of possession and access to cutting edge technologies.

Finally, a software consulting firm in India can benefit from the country’s unique location in the very heart of Asia/Pacific region, making India a preferred place for hiring a software consultancy firm to deal with regional software and hardware developers and vendors.

The Economic Crisis and India’s IT, Software Consulting Growth

Looming economic crisis and continuous recession disillusioned many customers looking for affordable yet reliable services related to IT and software consulting. Numerous business customers left their former service providers in search of a reliable service that is better adapted to meet the challenges of ongoing economic troubles on a global scale, creating gainful opportunities for entrepreneurial-minded IT and software consulting based in developing markets.

Thus, a number of countries in Asia/Pacific region emerged as serious contenders in the race for consumers of IT and software consulting services worldwide, setting foot in new markets, and replacing established market players. The map of the IT consultants that are considered reliable and are in high demand among business customers changed dramatically in the past decade or so. Of course, each country and region has its own leading players in the local market; nevertheless, a global shift toward IT and software consulting services based in India is more than evident, with India boasting some 50 percent of the global market for offshore software consultancy.

Such a development was not unexpected, really, yet it did not happen overnight. It took years to educate a generation of highly skilled professionals in the field of IT, while it took even longer to overcome prejudices related to the reliability of local consultants and the quality of their service. Well-established Western corporations are slow when the matter in question is to choose a new service provider or IT consultant, but when the economic crisis hit Europe and North America cash stripped enterprises were fast to realize they should adjust their budgets to a new reality.

In fact, India’s software consultants have been ready to face the challenge, with numerous IT consultancies already providing services to a broad customer base in Europe and the United States, competing on equal terms with IT advisories based in Canada, Latin America, and Eastern Europe. Moreover, the country is now having trouble to fill the gap in the demand for outsourced services and the number of IT professionals its educational institutions are able to produce within a short period.

Naturally, North American and European governments are experiencing growing pressure from local business communities to adopt measures restricting the outflow of IT related jobs abroad, including IT consulting, software development, . On the other hand, regulatory measures are destined to be unsuccessful in a market environment where corporations compete in a liberal market in which fundamentals like productivity, efficiency, costs, etc., matter. Those are largely populist measures intended to preserve local jobs but they rarely succeed in doing so for good reasons: labor costs in the West are very high, productivity is not among the world’s highest, social benefits of workers burden corporate budgets, to name a few.

Thus, India’s software consultants are the big winners amidst an ongoing, and heated, debate whether outsourcing of services, mainly in the field of IT, is good or bad for Western economies. Demand for such services is growing rapidly worldwide, Western consultants, however, are not able to supply affordable service to an increasing number of mid-sized corporations on a tight budget.

Therefore, the whole debate is heading in a wrong direction, blaming corporations for looking eastward for affordable and reliable IT services, while not realizing that underlying issues of productivity and payroll costs undermine the very competitiveness of the West. In any case, India’s IT and software consulting sector is now in position to gain even greater share of the world market for software consulting services.

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.

Market for IT training in India Bears Huge Growth Potential

The market for IT training services is estimated at billions of dollars a year, with the turnover in Asia/Pacific region growing at a tremendous pace, where India is undisputed leader. IT training in India stood at $700 million in 2010, according to reports by Gartner. Inc. The local market for IT training services is growing, boosted by a fast-developing economy that is expanding rapidly and where the demand for high-qualified personnel is on the rise. In addition, the country is able to export IT training services to the outside world, with numerous service providers taking advantage of modern online technologies to offer distance learning courses to interested customers around the world.

The main driving forces behind such a growth have their roots in the fast rate at which economies in the region are developing, forcing a rapid modernization of the entire business environment and business practices, including a shift to technology-based economy. Moreover, the market for IT training services in India is approaching the $1 billion mark but there is also a huge growth potential behind these figures because the country needs even more skilled IT personnel than it is able to educate at the moment. Not that India lacks reputable educational institutions in the field of information technology but the economy is expanding so fast that the gap should be filled through numerous IT training courses available in the market, both in-class and online.

The emergence of reliable online technologies and means of communication helped Indian companies in entering the global market for IT training services. A combination of high quality, skilled IT trainers, and lower costs positioned India-based providers of IT training services on the top of the list of the most demanded service providers worldwide. A good number of American corporations also entrusted Indian suppliers of training services to train their employees online, giving a further boost to this IT service market segment.

India wisely invests in knowledge-based economy while the country is able to provide advanced services at affordable price due to the relatively low payroll costs, even in a field like information technology, where the wages are considered to be higher than the average.

Although the local market is still underdeveloped, thus offering good growth opportunities, a fair number of India's IT training companies specialize in outsourced services, looking for customers abroad rather than relying on the local market to expand their business. Those are usually enterprises based in the leading metropolitan areas where high-educated people tend to reside and where access to the required infrastructure is easier.

In spite of its current size and rapid pace of growth, the IT training in India still bears huge growth potential for both locally-focused and companies looking for international business.

IT Software Consulting Should Provide Applicable Strategic Solutions

Demand for IT software consulting is growing as virtually all and every enterprise tries to adopt a combination of software solutions that increase efficiency, help boost sales, and lower overall costs of running a business. It is a multimillion business that is well-developed in technologically advanced countries like the United States and most of Europe, while a rapidly growing number of IT consultants from outside these countries are emerging as major market players.

IT advisers and software developers based in Asia/Pacific region, mainly in India, as well as peers in Central and Eastern Europe are growing in strength and offer high-quality services at an affordable price, giving their Western counterparts a run for their money. IT consultancies based outside Europe and the U.S. and Canada gradually evolved into reputable service providers offering highly competitive services in the field of software estimation, management, implementation, administration, and deployment. Lower payroll costs, growing number of well-educated professionals as well as literally unlimited access to modern technologies helped IT consultants in India and other outsourcing centers worldwide in developing solutions that are applicable by small and medium sized enterprises and multinational corporations alike.

During the past couple of decades, IT software consultancy and IT outsourcing are among the main driving forces behind a flourishing worldwide market for software services as well as development and implementation of configurable and customizable software solutions aimed at business customers. Recently, cloud computing gave a boost to this sustainable trend, allowing corporations to outsource even more business processes and procedures to remote third-party IT consultants. Nevertheless, traditional IT consultancy services are still dominating the market for software consultancy services.
Usually, startup software consulting firms offer specialized services; but even seasoned Silicon Valley veterans admit that IT consultants from India and Eastern Europe managed to grow into full-scale services unbelievably fast, riding the wave of new technologies and enjoying lower business costs. Typically, payroll costs are responsible for a major portion of overall business costs of an IT consulting firm because IT experts are among the highest paid professionals.

IT professionals outside Western Europe and North America, however, earn significantly lower than their Western world counterparts, thus enabling IT software consulting service providers in India, Eastern Europe, and Latin America to price their services at highly competitive rates. On the other hand, one should bear in mind that different software outsourcing centers specialize in different types of services, with many U.S.-based corporations outsourcing their R&D activities mainly to India, for example.

Furthermore, modern IT consultancy services are covering many aspects of a business and often involve management advisory services as well as thorough due diligence required to estimate, plan, and implement the best fit. It was in the past when IT software consultants were engaged mainly in implementation, maintenance, and support services. Contemporary IT software consulting is more about deployment of applicable and working strategic solutions, rather than implementation of a single software product, thus making the IT consultants major players in today's business process.