Software outsourcing in India crossing ?8,000 billion by 2025
The concept of software outsourcing in India is nothing new, and you can also notice it in the Information technology field. World-class capabilities, low operating costs, and risk distribution with partners are some noticeable benefits obtained from Software outsourcing services. Fortunately, India has become one of the most commonly chosen destinations where several organizations like to outsource their software services.
Why do several companies think of software outsourcing in India?
A few years ago, headcount and cost reductions were major reasons for outsourcing?IT services. Today, companies have become highly strategic, and they try to make the best use of their core competencies. Earlier, companies used to outsource only manufacturing activities.?
In the present tech-savvy world, Information Technology is highly important for every business. That is why you can notice a significant transformation in the outsourcing market. Companies of different sizes try to focus on their major activities and outsource non-core functions when they find a lack of skills in the in-house team.
Let’s now analyze the reasons why lots of organizations choose companies like Onviqa Private Limited for?software outsourcing in India.
Onviqa Private Limited is also one such company that offers Infrastructure Technology services to clients from different countries. It offers a range of solutions, from software development to marketing automation. So, Onviqa is one of the contributors to the growing market of IT and software outsourcing in India.?From the revenue perspective, the market value in 2019 was around INR 5,649.47 billion. According to market analysts, the amount will touch INR 8,830.14 billion by 2025. During 2020-2025, the rate of CAGR was 7.25%.
Reduce development cost
The labor cost in developed countries is comparatively high. However, as India is a developing country, the labor charge is comparatively low. In developed countries, a software developer can charge $70-$150 per hour. But,?Onviqa as outsourcing in India?charges 50% of this rate. That is why several organizations and startups hire project managers, developers, and?QA engineers?from India.?
Maintain the desired quality standards
The best software development service providers in India maintain quality standards, as they work with a special QA team. India has a big pool of talent to serve companies of different types. For instance, Onviqa Private Limited, one of the top?10 Software Outsourcing Companies in India, has dedicated project managers and quality testers. Before delivering a project, they check the quality of the codes.
Find global talents
Several companies are interested in finding hidden talents in this world. They like to connect with the best professionals by outsourcing IT activities to Indian companies. It is easy to find the most efficient tech team for every project.
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To take advantage of innovative technologies
When creating a new application and other digital products, technologies are highly important. But, geographic restrictions prevent some companies from finding the best tech specialists. In India, more than 3 million young candidates get graduate degrees in reputable IT colleges. Thus, companies can easily connect with tech enthusiasts who know about blockchain, data science, ML, AI, and other technologies.?
To remove communication barriers by software outsourcing in India
There is a myth that outsourcing services to India can result in communication challenges. But, the truth is that India ranks second in terms of English-speaking population. Over 125 Indians have chosen English as their second language. Clients from other countries can easily communicate with developers and IT consultants of Indian companies like Onviqa. Onviqa also has a team of representatives to respond to its clients’ queries and maintain communication regularly.
For a better government-friendly relationship
The Indian government is interested in helping organizations to thrive fast through outsourcing. It has also announced different policies and acts to make the outsourcing process smoother and easier.
Curious to learn more about software outsourcing in India? Discover the comprehensive insights, expert analysis, and real-life examples in our detailed article on our company website. Click here to dive deeper into the topic: "https://onviqa.com/software-outsourcing-in-india/"
Gain valuable insights on the benefits, challenges, and success factors of software outsourcing in India, along with practical tips for a seamless outsourcing experience. Don't miss out on this in-depth resource that can help you make informed decisions and leverage the immense potential of outsourcing.
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