Offshore Software Development Outsourcing Shanghai

Set For Further Growth

The start of the millennium saw the emergence of offshore software development outsourcing in Shanghai, China’s economic hub. From the year 2000 up to now, the growth of offshore software development outsourcing in Shanghai has been incredibly rapid with revenues increasing by more than 800 percent from 2000 to 2005. Offshore software development outsourcing in Shanghai has generated over 3 billion US dollars in 2005 and has grown even faster in 2006 with revenues reaching more than 5 billion US dollars during the first half of that year.

In addition to this, offshore software development outsourcing in Shanghai employs more than 100,000 IT professionals. Because of this remarkable growth, Shanghai officials are intent in training new and existing IT professionals and making innovations in the industry to further encourage growth.

The success of offshore software development outsourcing in Shanghai has obviously led to an increase of the city’s software exports. The rise in local and international demand for software solutions along with attractive incentives offered by the local government have reinforced the business structure of offshore software development outsourcing in Shanghai.

Revenues of the software industry in Shanghai have reached US $7.8 billion in 2006, with revenue of offshore software development outsourcing in Shanghai hitting US $900 million - the highest in all of China. While Beijing had the largest for overall IT outsourcing, the numbers show that Shanghai is the leading software development outsourcing city in China.

Offshore software development outsourcing in Shanghai is comprised of 26 software enterprises, which is one sixth of the 152 identified in China, and about 5 software export companies. At present, the largest market of offshore software development outsourcing Shanghai is Japan, which is the second largest software market globally. However, contracts from the United States and Europe are growing in numbers. In addition, there has also been an emergence of specialized offshore software development outsourcing in Shanghai. The city is targeting to reach an income of US $15 billion from its software industry by the year 2010.

Outsourcing Schemes

Offshore software development outsourcing in Shanghai accommodates partial and full software development outsourcing.

Full offshore software development outsourcing in Shanghai means the service provider is responsible for the entire development of the software product from concept to design right through to deployment. This arrangement is suitable for companies or organizations that have an initial concept of the software or product but either they do not have the resources to develop it, or they want to focus on marketing or selling the product or other core business functions.

Clients have the option to choose a fully integrated software development solution. They identify which development technologies and programming language they will require along with other project specifications. In offshore software development outsourcing in Shanghai, service providers will offer many alternatives to suit the needs of clients. Their IT consultants and software development teams will offer valuable feedback and expert recommendations to the client to guide their decisions.

After the software has been developed and deployed, the need to make changes and further customization may arise from users or customers. Offshore software development outsourcing in Shanghai can handle this and will gladly assist clients develop new ideas and features.

A partial offshore software development outsourcing in Shanghai is an ideal solution to complete a software product that is in the last stages of development but got set back by lack of funds. Offshore software development outsourcing in Shanghai is a great option for any company that simply wants to reduce IT costs. Cost-effective and high quality offshore software development outsourcing in Shanghai, whether full or partial arrangements, are completed on time at a fraction of the cost of in-house or US/UK based software development.

In addition to this, partial software development outsourcing is an effective way to finish a critical project when you lack the human resources and needs to meet a tight deadline. Instead of hiring new staff, which will take more time, outsource a portion of the project to a software development vendor in China that specializes in the technologies used by the company. Through offshore software development outsourcing in Shanghai, clients can extend their resources efficiently.

For more information on our ITO and BPO services, please feel free to contact us today.

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