BOOMING OF THE IT SECTOR IN KERALA & KOCHI AS AN IT HUB

Introduction??

Kerala, The God’s own country became?? India’s one of the major IT sectors that experienced significant growth. Kerala's journey into the IT realm has been marked by several factors including technological advancements. The advent of computers and the internet paved the way for Kerala's IT revolution.? Thus, the pawed way for Kerala became the hub of international relations too.? As we all know, Kerala’s ecosystem is supported by a strong government commitment to digital transformation. Kerala actively invests in e-governance projects that attempt to improve public service accessibility and efficiency using digital platforms. This support has created an environment enabling the IT sector to flourish.? The state's tech growth has attracted attention globally, leading to collaborations and partnerships with foreign entities.?

Kerala has cultivated a favorable ecosystem for the IT industry, characterized by a skilled workforce, modern infrastructure, and supportive policies. Initiatives like Technopark in Trivandrum and Info Park in Kochi have provided crucial infrastructure for IT companies to establish their presence in the state.?

Recognizing the importance of the Internet as a basic right, Kerala has taken steps to ensure digital inclusion for all its citizens. This focus on accessibility has further fueled the growth of the IT sector and expanded its reach across the state.?

Kerala's booming IT sector and the emergence of Kochi as an IT hub reflect the state's commitment to leveraging technology for socio-economic development. With continued support from the government and ongoing innovation, Kerala is well-prepared to further strengthen its position as a leader in the IT sector.?

THE ORIGIN OF INFORMATION TECHNOLOGY IN KERALA?

In Kerala, information technology started its journey of development in 1990 from Technopark, Trivandrum. It is the first milestone for?? Kerala to enter the IT sector. Technopark is India’s first technology park that started the state dominance in the IT sector. In the beginning, there was a huge growth evident that may lead to the flourishment of a wide range of national and international companies.? By understanding the potential of Techno parks the state government implemented a comprehensive IT plan in 2001. It provides incentives such as tax breaks and infrastructure support for the growth of the IT Industry.?

The establishment of Technopark not only stimulated economic growth but also paved the way for job creation, skill development, and technological innovation in Kerala's IT sector. The factors that make Kerala an IT hub are Kerala’s highly trained and educated workers. There are thousands of engineering and technology students who graduated every year. These graduates are the soul of Kerala’s IT sector. Considering their number, the government provides a competent workforce to satisfy their needs. Kerala provides a high standard of living with its good healthcare facilities, and social amenities. The state's rich culture and working environment make it an appealing choice for professionals seeking a healthy work-life balance. Kerala has seen an increase in innovation and entrepreneurship in recent years. The state encourages start-up incubators, accelerators, and initiatives that develop innovation-driven businesses. Kerala has good connectivity, both domestically and globally. It boasts well-connected airports and seaports, as well as an extensive road and rail network. This link provides quick access to global marketplaces and allows for seamless corporate operations.?

The Kerala government has actively encouraged the expansion of the IT industry by providing incentives, subsidies, and a friendly business climate. It has developed measures to stimulate investment and build IT infrastructure, such as technology parks and special economic zones.?Kerala's infrastructure is substantially developed, with world-class IT parks, office space, and connectivity. IT parks in towns such as Technopark in Thiruvananthapuram, Info Park Kochi, Info Park Koratty, Smart City, Cyberpark in Kozhikode, and Kannur Cyberpark provide cutting-edge infrastructure and a welcoming atmosphere for IT businesses to flourish.? Cyber Park in Kozhikode caters to the IT needs of northern Kerala and is the first state-promoted IT park in the Malabar region. It offers robust infrastructure, digital connectivity, and SEZ benefits, focusing on providing a cost-effective and secure environment for IT/ITeS companies. These parks are part of Kerala's strategy to create a conducive environment for technology companies and professionals, bolstered by initiatives like the Kerala Digital University and various Centers of Excellence in emerging technologies. According to the Oxford Economics Global Cities Index says that Kochi and Thrissur have a good quality of life compared to major Indian cities such as Mumbai, Delhi, Bengaluru, and Hyderabad. It is because of the Info parks in Kochi and Thrissur.? The main factors are liveability, attractiveness, financial outcomes, health, and amenities were led to the high-ranking position.??

HOW KOCHI BECAME THE IT HUB OF KERALA?

Kochi's transformation into the IT hub of Kerala has resulted in as many factors as possible. The first thing is?? Kochi's strategic location. Kochi is the commercial capital of Kerala and has played a crucial role in its emergence as an IT hub. Kochi Hall has major transportation facilities hubs, including an international airport and seaport, that facilitate connectivity with domestic and international markets. And the other thing that made Kochi a hub is its infrastructure development. Kochi has witnessed significant infrastructure development to support the IT industry.? It helps to establish IT parks, modern office spaces, and advanced connectivity infrastructure, creating an ideal environment for the techies.??

Thus, Info Park came into being.? Info Park Kerala, the IT Park fully owned by the Govt. of Kerala established in 2004 with the objective of creating infrastructural facilities for IT/ITES Companies to operate in the State of Kerala.? Infopark operates on a hub-and-spoke model, with its main campus in Kakkanad and satellite centers in?? Koratty and Cherthala. The park spans 323 acres and provides 9.2 million sq. ft of built-up area. It hosts over 430 companies, including major multinational corporations such as TCS, Wipro, and Cognizant, employing more than 51,000 IT professionals. And the main thing for the development of IT hubs is government support. The government creates a favorable business environment for IT companies. This includes tax breaks, subsidies, and initiatives to attract investments, fostering a conducive ecosystem for IT growth.?

Kochi benefits from a pool of highly skilled and educated professionals, thanks to its numerous educational institutions and technical colleges. This abundant talent pool has been instrumental in driving innovation and growth within the IT sector in Kochi.?

Kochi offers a high standard of living, with good healthcare facilities, social amenities, and a vibrant cultural scene. This makes it an attractive destination for IT professionals looking for a balanced lifestyle, further contributing to the city's appeal as an IT hub.?

The place boasts excellent connectivity, both domestically and globally, with a well-developed transportation infrastructure. This includes airports, seaports, and a robust road network, providing easy access to markets and facilitating business operations for IT companies. Kochi is home to special economic zones (SEZs) dedicated to IT and IT-enabled services, offering various incentives and benefits to companies operating within these zones. This encourages IT companies to establish their presence in Kochi.?

Kochi's journey to becoming the IT hub of Kerala has been fueled by a combination of all these strategic locations, infrastructure development, government support, skilled workforce, quality of life, connectivity, and special economic zones, all of which have contributed to creating a conducive environment for the growth of the IT industry in the city.?

ROLE OF AABASOFT TECHNOLOGIES IN DEVELOPING KOCHI AS AN IT HUB?

Aabasoft Technologies India Private Limited is a global End-to-End IT/ITeS services and solutions provider. We help customers conduct business better with industry-wide experience and deep expertise in technology offered through our comprehensive portfolio of services. We believe in three important factors which are Quality, Value, and Time. The company has dedicated teams that work round the clock to deliver you the best at the right time and at the right cost. Aabasoft Technologies has played a significant role in the development of Kochi as an IT hub through employment opportunities.? Aabasoft Technologies has been a major employer in Kochi, providing job opportunities to a significant number of skilled professionals in the IT sector. By establishing its presence in Kochi, our company has contributed to the growth of the local economy and the creation of a vibrant tech community.?

Aabasoft Technologies has developed innovative technology solutions across various domains, providing services such as software development, web design, mobile applications, and digital marketing. These solutions have served local businesses and helped Kochi on the map as a hub for technological innovation and expertise.? Aabasoft Technologies has actively participated in skill development initiatives, offering training programs and internships to students and professionals in Kochi. By imparting valuable technical skills and knowledge, Aabasoft has contributed to the development of a skilled workforce in the city, further strengthening its position as an IT hub.?

The company has collaborated with other entities in sectors like educational institutions, banking sectors, media companies, and government agencies in Kerala to foster innovation and promote the growth of the IT sector. These collaborations have led to the exchange of ideas, resources, and best practices, driving the overall development of Kochi's tech ecosystem.?

The company has been actively involved in community engagement activities, including organizing tech events, workshops, and seminars. By engaging with the local community, Aabasoft has helped nurture a culture of entrepreneurship, creativity, and collaboration in Kochi's IT industry.?

Here we have Aabasoft Foundation, Aabasoft Foundation is a well-established group of techies who are interested in extracurricular activities. Team Aabasoft not only focuses on the technological improvement of our employees but also concentrates on the cultural mental and skill development of the members of our family. We always adhere to a stress-free and good working environment system. We are careful to give employees a working-friendly environment via the implementation of such activities.?

Aabasoft's commitment to employee welfare and charitable initiatives. Employee-friendly policies can significantly contribute to job satisfaction and overall well-being within the company. Moreover, prioritizing charitable activities demonstrates a strong sense of social responsibility and compassion towards the community. Saving a fixed amount of cash for charity as part of your economic policy reflects a long-term commitment to making a positive impact on the lives of the less fortunate. Directing these funds towards helping the poor and needy can indeed be seen as a noble endeavor, with the belief that such acts of kindness are ultimately beneficial to society and appreciated by a higher power.?

By actively engaging in charity-related activities, Aabasoft not only contributes to improving the lives of those in need but also fosters a culture of empathy, generosity, and corporate social responsibility within the organization.?

Aabasoft's dedication to providing quality education to the needy and advocating for equity in education is commendable. Education is indeed a powerful tool for individual growth and societal development, and ensuring access to quality education for all is crucial for fostering a more equitable and prosperous society. Aabasoft's focus on providing quality education to the needy and advocating for equity in education sets it apart and makes it unique.??

Thus, Aabasoft Technologies has made significant contributions to the development of Kochi as an IT hub through its employment generation, technology solutions, skill development initiatives, industry collaborations, and community engagement efforts. These activities made Aabasoft unique in the IT Sector.?

Conclusion?

Kerala's IT sector marked significant growth in 2023, fully recovering from the dullness of the COVID-19 pandemic period. With exports reaching ?85,540 crore. The job market expanded significantly, adding 62,000 positions, compared to 26,000 between 2011 and 2016. The IT infrastructure grew significantly between 2016 and 2023, reaching 7,344,527 square feet. This development overviews the progress, paving the way for an even brighter future. And that's not all. The government is putting all its efforts into promoting Kerala as an IT?? with the coming of emerging technologies like AI, Blockchain, and IoT. Now we are living in the world of AI. So, every day is changing with AI. AI is transforming the landscape of the IT sector and many other industries. Its capabilities in automation, data analysis, pattern recognition, and decision-making are reshaping how businesses operate and innovate. Staying updated with advancements in AI and other emerging technologies is crucial for individuals and organizations to remain competitive and agile in today's rapidly evolving digital world. We can say that the very next year Kochi will become India’s first leading IT sector in India.? Kochi’s face is changing with the coming of new technological innovations.?

?The latest studies according to the Oxford Economic Cities Index state that,? Infoparks in Kochi and Thrissur have certainly played significant roles in shaping the life and economy of these cities. These cities have a superior quality of life compared to major Indian cities like Mumbai, Hyderabad, Delhi, and Bengaluru.? From 2024?? we can Double-digit growth seen in the IT sector in 2025, 2026, and 2027.?

Aabasoft Technologies' growth expects us to maintain or even exceed double-digit growth in the future. If they've been experiencing such growth, it suggests that they're effectively meeting market demands, innovating, and likely expanding their customer base or offerings. Doubling down on strategies that have proven successful can certainly lead to continued strong performance.?

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