Software companies are required to produce lots of software products for their clients. These software products being used for giant organizations such as airlines, banks, financial institutions, big corporate houses and various government bodies, where lots of data being stored and updated every day. IT (Information Technology) software companies in US, Canada and Europe who are taking up these projects require massive investment in infrastructure as well as huge manpower to work on them.
This is competitive world and every industry wants to be very competitive in every business. So is IT software industry. To cut the labor costs, IT software companies are increasingly outsourcing their jobs to developing countries in Asia, Latin American, Africa and Middle East. Since cost saving is the prime objective of IT software firms, it is estimated nearly 50% of IT software jobs being outsourced to developing nations..
Most of the jobs outsourced are creating software in .Net, Java/J2EE, database solutions, smartcard solution and wireless/mobile application developments. BPO (Business Process Outsourcing) are also helping their foreign clients in voice and non-voice...
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