Factors that have Contributed to the Growth of Indias Software Industry - Free Essay Example

Sample details Pages: 4 Words: 1119 Downloads: 4 Date added: 2017/06/26 Category IT Essay Type Cause and effect essay Did you like this example? India’s software industry was growing rapidly from the mid-1980s. There are four factors that have contributed to the growth of India’s software industry. The first one is India has numerous supply of engineering talent. In India, there are some 400,000 engineers who graduate from local universities. Thus, it can provide huge talent pool for developing local software industry. â€Å"New bloods† can also provide their creativity and innovation for the industry. The second one is the salaries of Indian labor are low. The cost of hiring an Indian graduate is relatively lower than hiring an American graduate. It is 12 percent of the cost of an American labor costs. Lower labor costs can reduce the overall of operation costs so new software firms can have incentive to join the industry and attract potential investors. The third one is Indians can be able to communicate with American because of their language skill. The availability of a large nu mber of Indians who speak English which makes coordination between Western firms and India easier and understandably. Hence, they have no language barrier while cooperating. The last factor is time differences. Indians can match the working time of American. When American get off work, it is time for Indian working. It can allocate the work and conduct business effectively and efficiency. Also, by utilizing Indian labor and the internet, software enterprises can create global software development factories that can work 24 hour per day. India’s software industry changed in recent years. To analyze this phenomena, here are three aspects to mention the changing of India’s software industry, which are the growth of the industry, the industry structure, and number of manufacturer. About the growth of the industry, some 30 years ago, there is a number of small software enterprises were established in Bangalore, India. But now, there are already having over a hundred s oftware companies around Bangalore. There are many clusters in the market now. Furthermore, the scale of software enterprises was expanding. For example, Infosys Technologies which was started by only seven local enterpreneurs with about $1000 between them. And now, it has annual revenues of $22 billion and some 60,000 emplyees. It has become the fastest growing information technology sector in India. From the mid-1980s, by 2008 to 2009 this sector was gainning revenues of $60 billion. Moreover, the firm also has 16 percent growth rate even though it happened a sharp global economic slowdown during 2008 to 2009. Therefore, India had emerged as home to some of the fastest growing software service companies on the planet. About the industry structure, Indian software enterprises focused on the low end of the software industry, supplying basic software development and testing services to Western firms originally. Nevertheless, as the industry has grown in size and sophistication, In dian firms have moved up-market. Now, the leading Indian companies compete with the likes of IBM and EDS for large software development projects, business process outsourcing contracts, and information technology consulting services. The business development and market are expanding continually. The industry penetrate the larger market. Based on this points, the software firms in the market is being more mature. About the number of manufacturer, presently there are more than 500 software firms have setup operations in India to tap into India’s enormous talent pool which shows the monumental advancement that the India Software Industry has experienced. 2. Today India is home to some of the finest software companies in the world. There are some examples of India’s software industry illustrate about globalization. With the huge success of the software companies in India, the Indian software industry has become successful in making a mark in the global arena. T he software companies in India are reputed across the globe for their efficient IT and business related solutions.The export of software has also gone up, even software exports has major share in Indias total exports. Today, the Software Industry in India exports software and services to nearly 95 countries around the world. The total share of Indias exports in the global market rose form 4.9 per cent in 1997 to 20.4 percent in 2002-03. Also, Indian software firms design and build software solutions for the world. Working 24 hours a day delivering overnight to clients around the globe. All these facts can illustrate about the globalization of markets. India’s software industry is already gone into a huge global marketplace. Due to highly skilled human resources coupled with low wage structure and excellent qualities in India, the globe spending on information technology outsourcing will increase. Thus, some firms wanted to invest in India to gain the same kind of economic advantages that Indian firms enjoy. For example, IBM and Microsoft. They find that India has potential developing opportunities. It can elaborate the globalization of production. Those enterprises can lower overall cost structure and improve the quality or functionality of the product to gain competitive advantage. The technological change is also a driver of India’s software industry being globalization. Because of having time differences with other countries, it utilizes labor and the Internet, Indian firms can create global software development factories that are working 24 hours a day. For example, the software code written in America during the day can be tested in India and at night shipped back through the Internet to America in time for the start of work the following day. Technological change can enhance information processing and communication around the world. The Indian Government has also played a vital role in the development of the India software industry . In 1986, the Indian government announced a new software policy which was designed to serve as a catalyst for the software industry. This was followed in 1988 with the World Market Policy and the establishment of the Software Technology Parks of India (STP) scheme. In addition, in order to attract foreign direct investment, the government permitted foreign equity of up to 100 percent and duty free import on all inputs and products. The capital gains in India is just 11 per cent. It can attract more foregin investors to invest local software companies. Also, to made sure that the industry has a chance to succeed on a global level, the local government set the stock options that will be taxed only on the basis of capital gains at the time of sale of the stocks. Today, it is the best taxation regime for stock option plans is from India. Lower trade barriers led to an acceleration in the volume of world trade and investment. For example, IBM which has invested $2 billion in its Indi an operations, and now had 53,000 employees located there. It is more than in any other ountru without America. In 2007, it planed to invest $6 billion over the next few years in there again. Furthermore, Microsoft has also made major investment on India, Don’t waste time! Our writers will create an original "Factors that have Contributed to the Growth of Indias Software Industry" essay for you Create order

Start An Online Business Is Finding The Right Product

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How to Write a Reaction Paper free essay sample

How to Write a Reaction Paper. In writing a good reaction paper, it is not enough to simply praise the strengths or criticize the weaknesses of the text in question. More than that, you must be able to justify your reaction. It is important to provide the reasons why, for example, the first chapter of a novel is dragging, or why the thesis of a particular essay carries a strong point. Of equal significance is your ability to further support your reasons with academic theories or even statistical data. Here are some tips on how to write a reaction paper. It is highly advisable to create an outline before you start writing your action paper. Doing so will help you determine beforehand how many reactions you have. It also affords you the opportunities to search the justifications you need and to list the supporting theories to them. In a paragraph, start your reaction paper with your introduction that includes a brief summary of the material you are tasked to respond to. We will write a custom essay sample on How to Write a Reaction Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Devote at least three sentences for this purpose. Remember to include the title and author of the work you have summarized. At the end, write your thesis statement. The second paragraph should contain your first reaction. Write it concisely, referable in one short sentence. Follow this with your reason for having that perception. In both cases, always refer to the work your are responding to.For instance, after stating that l think the first chapter of the novel is dragging continue with another sentence such as After the first five pages, the protagonist does nothing exciting or provocative. Further substantiate your reason by adding a theoretical perspective that will explain your observation. Apply the previous method with the succeeding paragraphs for your other reactions. As much as possible, use personal indicators such as I believe, l hind, l suppose, In my opinion, and others. End with your conclusion.Conclude with a restatement of your thesis and reactions. You may wish to wrap-up your reaction paper with a challenge to your reader, if not the author of the work you have just responded to. Here are a few more reminders. In writing a reaction paper, keep in mind to state your opinion and analysis of the work. It is thus appropriate to use the singular first-person point of view [the l], but also adopt an academic tone. If you know how to write a reaction paper, it will be easy to identify and justify your reactions.

Literary Analysis For Fahrenheit 451 Essays - Fahrenheit 451

Literary Analysis for Fahrenheit 451 In Ray Bradury's novel, Fahrenheit 451, there is a very commonly known as a book of science fiction book. More specifically one that refers to the future, and the consequences that can be inflicted as a result of the world having very little individuality. However, this book also has had a long lasting effect on the world as we know it to be presently. Bradbury is obviously very concerned with the world, and how it is losing its individuality. This novel represents the differences of having indiviuality versus conformity. Ray Bradbury is also concerned with people's willingness to act out upon things that are seldomly attempted because of fear of persecution. As the story is plotted, the people of the United States, who are unaware of their true potential, walk through their lives as if they were programmed robots or machines that are not able to think for themselves. The government, both federal and local, have threatened an frightened the people of the nation. Because of this, the people are afraid to act out upon the government because they are afraid of becoming isolated in the world. Different from the world that we know, the poeple are not taught to read at school, or at their homes. If a person attempts to even take possession of a book, they have all of their possessions taken away from them and their houses burned. Therefore, as time progresses the poeple become more and more ignorant about the world around them and its potential. One good example of showing how the people have lost their individuality is when Clairisse shows up in town. The town is a very happy and quiet town, but when this seventeen year old girl shows up in town, she immediatley has effects on people. Montag is the one person that would listen and understand her. She would continually ask him questions all of the time, an Montage would get annoyed by it. However, after that, he realized that the world was a much more bigger and intrigueing place. He started reading books in secrecy and soon became very aware of the potential that people had in them. Another example is when Montage started to read a book aloud to guests at his house. Mildred invited her friends over to watch a form of television. Montag got angry at how the women were so ignorant. When he started to read aloud from a poem, even though the women were somewhat intrigued by the poem they were still frightened. This conformity that plays a such large role in the women's lives is a prime example of how stubborn and unaware the people are. A very good example of how ignorant the people are is how they allowed the people with influence to change the past. For example, during the time period in the book the firmen were taught to start fires. They were even told that in the past the firemen were always starting the fires. People were so ignorant that they didn't even stop to gain logic about that fact. In conclusion, Ray Bradbury wrote this novel not just to entertain the reader. He probably also wrote Fahrenheit 451 to get the people to understand what could happen to the world if people begin to stray off towards conformity, and lose their individuality and ability to speak their opinion.