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The Diffusing Software Quotient

Anamika Sahu
Friday, June 5, 2015
Anamika Sahu
Gartner predicts that worldwide IT spending by corporates this year will be $3.8 trillion and enterprise software will contribute $335 billion towards this, which is a 5.5 percent increase from the previous year. This is because software development has become inseparable today from companies that have a presence at a global level. With customers asking for most cost effective solutions, software has taken over the troll more efficiently. Software development is a major sector of the world economy today as it has emerged with changing technology and needs of the market. Be it Software-as-a-Service or Software defined data centers, software has open up unlimited avenues of growth for organizations, even startups and SMEs.

Though European and American companies have dominated the industry for years, but technologically advancing countries like India, China and Philippines are now giving tough competition to them. The revolution in the IT landscape in India played a major role in placing the country in the world map of software development. Add to this the demographic advantage, booming economy and the higher standard of education. This has undoubtedly made India one of the most favorable destinations to outsource all your software needs with a guarantee of low cost and best results.

This is why we can easily find thousands of small and big companies catering to this industry. But not all offers quality work at affordable price with guaranteed success. Clients face turbulences in picking up the best software development companies who can act like their extended arm and not an outsourcing partner. Understanding this quest, we bring to you the '20 Most Promising Software Development Companies' who along with their expert manpower are able to understand the business requirements of the clients and deliver the best and most cost effective solution to them. With due course of time, these companies have mastered in offering solutions to not just one, but multiple domains including healthcare, education, travel, pharmaceuticals, manufacturing and others.

The software industry is bound to grow in the coming years as the industry is diffusing geographically. Hence, we wish these companies a great luck in making their mark within the industry.

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