Sunday, 16 October 2016

Software industry charges $20-24 per hour for off-shore work

1. Software industry charges $20-24 per hour for off-shore work.

2. And $70-90 an hour for on-site work.

3. Indian software industry is about $110 billion in size (Observation: Infosys is about $8bn in revenue. So, Infosys is only about 7% of the Indian software industry. So, there are lots and lots of small and medium size companies operating in this space.)

4. "The total installed base of software on which global corporations operate is around $4 trillion, and this is not going to disappear tomorrow. Yes, the nature of work will slowly evolve, as it has often over the last 20 years, but Indian IT companies will understand this evolution and will manage the change."

http://www.ndtv.com/opinion/no-obit-needed-our-software-industry-is-alive-and-kicking-1474789?

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