Software industry can be broadly classified under two sectors - Service Industry and Products Industry. The Service Industry is the one which requires extensively maintenance and enhancements to existing systems. For example top banks of US outsource extensively to the Indian IT giants namely Infosys, Wipro, TCS and HCL.
The sudden increase in the number of software jobs was due following reasons: 1) Government opening the doors for MNC's to invest more easily than earlier times 2) Abundance of skilled labor who could literally work for a compensation that is ten times lower than that in US
As more and more US companies started outsourcing to India, this created plenty of jobs for lots of young engineers across the country. Before 90s unemployment and underemployment were so prominent that there were so many movies made over young talented heroes deprived of a living. But the sudden increase in software jobs turned this trend upside down.
Software boom not only created jobs but also created awareness among Indians to computerize / modernize legacy systems in government sectors. For example, Income Tax returns filing has been completely automated nowadays. Also Indian government has now (2009) started a major project for issuing Unique Identification Numbers to Indians (This can be thought of similar to Social Security Number in US). Hence increasing awareness has led to increasing demands in domestic market especially in government sector, which in turn is creating a plenty of jobs.
There is a widespread thought that Indian jobs which are mostly under service sectors may not promise a bright future for the country unless there is an increase in the jobs in products industry.
However nowadays, there are several product companies professing in areas like gaming, embedded systems and multimedia which are booming in and around Bangalore and Hyderabad. This is a promising trend for the future of the jobs in product sector. Also software product giants like Google have set up their offices at Hyderabad and Bangalore.
Thus we are now (2009) witnessing an increased awareness among Indian youngsters who are choosy of their jobs. Also now there are lots of entrepreneurs emerging in the Industry. Thus future seems very bright for Indian Software Jobs market which predictably can start proving itself in competing areas of product industry as well.
Check here for latest career alerts from India, expert advice and discussion.
Kamalakannan
http://www.careersvalley.com
Article Source: http://EzineArticles.com/?expert=Kamalkk_Kannan
Subscribe to:
Post Comments (Atom)
Career & Job Blogs - BlogCatalog Blog Directory
No comments:
Post a Comment