IBM to Set Up New IT Solution Centers in India and China
Released on = December 6, 2006, 2:10 am
Press Release Author = RNCOS
Industry = Computers
Press Release Summary = IBM will set up two new IT solution centers in China and India, thereby, underscoring the growing importance of Asian countries as a center of outsourcing activities.
Press Release Body = IBM – the largest computer services company in world – plans to launch two new IT solution centers in China and India, underscoring the growing importance of Asian countries as an outsourcing hub.
Each of these centers will employ about 500 developers, whose main focus will be to create service-oriented architecture (SOA) for consumers across the globe (including those in the US). SOA’s feature standard based software components allow easy connectivity and reusability of various business applications & services. IBM expects that SOA based services will reach US$ 160 Billion by the year 2008. However, the company hasn’t declared how much investment it’s making in these two facilities.
The proclamation marks the most recent steps in IBM’s plans for centralizing software development activities in economical regions stuffed with talent. The company’s operations in China are comparatively smaller than in India. IBM service staff in China, currently, comprises 7,000 employees and above 40,000 employees in India. However, the company sees good growth in China.
This further exhibits the commitment of the company to Asian market where it’s expanding its operations at full tilt. The new centers will likely be set up in Beijing (China) and Pune (India).
As per a Research Analyst’s view at RNCOS, who has recently researched a report on “Opportunities in Chinese Software Industry (2007)”, the accelerated growth of the software in Indian and Chinese markets leads the US firms to put their money in Asian software Industry. Thereby, creating further investment demand in software in China.
The research report on China Software Industry also addresses the issues and facts that are critical to your success, such as:
- Pinpoint sectors of growth and identify the driving factors. - The situation of China in Software outsourcing. - The software export levels in China. - The piracy rate in last few years. - Trends in market performance. - Government policies for software industry. - Future opportunities for Chinese software industry. - Identify market, brand leaders, and understand the competitive environment. - Key challenges and strategies in this sector.
About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.
For more information visit: http://www.rncos.com/Report/IM087.htm
Current Industry News: http://www.rncos.com/blog
Web Site = http://www.rncos.com
Contact Details = RNCOS Shushmul Maheshwari Head of Business Development 29, 1st Floor, Patparganj Industrial Area, Delhi 92 91-11-4214-1229 info@rncos.com