| Without the outsourcing of their software | | | | Small Businesses Can Outsource Software Needs As |
| development, there are many international | | | | Well |
| conglomerates which would be facing dwindling profits | | | | But outsourcing software needs is not limited to the |
| and angry shareholders. All the software giants, | | | | mega-software companies; today there are hundreds |
| including Microsoft, Oracle, IBM, and Dell have taken to | | | | of smaller businesses looking at outsourcing as an |
| outsourcing software development in a big way, and | | | | attractive alternative in their struggle to decrease their |
| their favorite outsourcing partners are Indian | | | | expenses and get technological input which their |
| companies. Wipro, TCS, and Infosys are recognized as | | | | in-house staff might not be capable of providing. When |
| IT companies perfectly capable of handling the | | | | outsourcing their software needs, these companies |
| outsourcing needs of the big software players on the | | | | can choose to turn some, or all of them over to |
| other side of the globe. | | | | developers in other parts of the world, and may |
| Outsourcing Software Needs To India | | | | outsource different parts of the same software |
| In the early days of outsourcing, the typical outsourced | | | | project to different IT service providers. |
| business project was a non-core operation which was | | | | Business process outsourcing; software development |
| deemed too insignificant to be done by highly paid | | | | outsourcing [ knowledge process outsourcing; all are IT |
| in-house employees. There were many Indian | | | | outsourcing projects which, while they can be done by |
| companies happy to take on these outsourced jobs, | | | | a company’s onsite employees, are simply less |
| but as the Indian workforce became more and more | | | | expensive when turned over to qualified IT workers in |
| versed in IT management, the Fortune 500 companies | | | | countries with lower wage structures and taxes. |
| bagan to see them in a new light. | | | | The market for software is going to continue to |
| Today more than half of the Fortune 500 companies | | | | expand, and software development is the future of |
| turn to Indian IT firms like TCS and Wipro to design, | | | | the IT industry. Outsourcing software development to |
| alter, and maintain their IT systems, and the Indian IT | | | | proven IT companies in developing countries like India |
| companies have seen their balance sheets and | | | | whose workers have established themselves as the |
| market capitalizations reflect the results. With over two | | | | equal of any IT workers in the world will keep |
| billion dollars in annual revenues, and a market cap | | | | software development costs low, and the prices of |
| exceeding twenty billion dollars, the Indian companies | | | | the most advanced software within the reach of the |
| are now in the same league as Adobe and Accenture. | | | | businesses which continue to depend on it. |