subject: WHY AND WHAT OF PRACTICES IN OFFSHORE SOFTWARE DEVELOPMENT HEREAFTER [print this page] A new wave of solutions, for the issues most acutely felt in the western countries, is getting emerged through the present-day offshore software development. The pain points to the economists and policy makers while they struggle to set up long-term plans to fight the business crises or growth hindrance normally are: financial crunch; costly and often unavailable human resources; aging or due to retire senior cadre of technology experts; problems scaling up or scaling down due to government policies, union policies, business ethical attitudes, and other factors. Offshore work supply practice comes out as an effective business solution that addresses these issues.
Offshore software development is increasingly flourishing in India, Ireland, Canada, and Israel. Many Eastern European countries like Romania, Ukraine, Czech Republic, and Poland and Asian countries like Bangladesh, Pakistan, Sri Lanka, Vietnam, and Philippines are making it good in the offshore development of software.
Looking at the Gartner's report where they have categorized global cities into Tier I, Tier II, and Tier III based on a number of factors including quality of the infrastructure, global connectivity, and human capital availability, ideal locations to offshore software research and development (that come under Tier I) are cities like Bengaluru, Mumbai, Yerevan, Ahmedabad, Bucharest, New Delhi, Hyderabad, Chennai, Pune, Indore, Noida, Gurgaon, Thiruvananthapuram, Greater Toronto Area, Ottawa, Montreal, Dublin, Moscow, St. Petersburg, and so on. It can be very well felt that India is leading the world in this field.
To elaborate on the abovementioned key points, the trend is like United States of America and Canada are able to produce reasonably low number of graduates in science and technology of their own and a great population of MS or PhD pursuing students over there is international. The shortage of fresh technology-savvy human resource for these countries is quite obvious. Moreover, the population of aging experts there heading towards retirement can be found falling short to meet the challenges of the increasing workflow and business competitiveness. These developed countries would never want the productivity gap between them and the smaller industrialized nations to continually widen at such a rate. Even refining immigration policies will not have immediate effect in solving such a large-scale issue. The western countries look upon offshoring software R&D as a way to overcome these challenges.
ISVs (independent software vendors), SAAS (software as a service) enterprises, and software-enabled companies are primarily feeling a need for offshore software development companies. And, to join these are non-IT companies too that include some form of a custom software in their offerings as a value-added service for their customers.
The future of offshore development definitely belongs to India. A large number of big multinational corporations have set up their R&D centers in India, some big names to take are Oracle Corporation, Intel, Adobe Systems, Microsoft, and IBM. The software exports of India are growing by more than 30% per year. What enriches India's workforce presently is the young generation that has gained brilliant software development expertise through renowned institutes nationally or internationally and a significant number of Indians that have moved from Silicon Valley, many of which are technically much specialized and advanced degree holders from some of the world's leading institutions.
To end, the offshore software development is going to shine brightly in the outsourcing wave of future.
WHY AND WHAT OF PRACTICES IN OFFSHORE SOFTWARE DEVELOPMENT HEREAFTER
