Software Export : Doing Business in UK

ajaysanghani's picture

Uk offers phenomenal opportunity for Software Service Providers and Product companies.  The trade between the two countries is currently at its all time peak. Close to over 1000 Indian Companies operate in UK , and in recent years we have seen quite a few takeovers of British companies by Indian companies.

In 2012, London is hosting the Olympics and is likely to create a very large market for IT and Non IT companies estimated at about 4 billion Pounds.

According to the Outsourcing
Service Provider Performance Study 2007, conducted by sourcing advisory firm
EquaTerra, all UK businesses currently offshoring all or part of their IT
functions use India as one of their locations. The study, undertaken
annually, evaluates £34 billion (or about $66.7-billion) worth of UK IT
sourcing contracts, about three-quarters of the total UK IT sourcing market.
Satisfaction levels were found to be highest for India-based outsourcing
providers, with ‘traditional’ global providers ranking low, the
study said. 

There is a significant advantage for the SME segment in UK also to work closely with the smaller IT service providers in India.

Typically UK is a minimum of 5 times more expensive in terms of cost, and a huge arbitrage opportunity lies for companies in both the countries to take advantage of.

 

ITVidya.com is pleased to invite you to get a Know-how on the available opportunity in UK from experts Hiffzur Rehman and Lucian Tarnowski.

To  know more on how you  can maximize your current expertise  in the UK  market, pls visit  http://www.itvidya.com/s/doing-business-uk

 Regards,

Ajay Sanghani

Founder, ITVidya.com

Cell : 098200 20753

 

Doing Business in UK

dbhasin's picture

Excellent effort!

Kudos to ITVIDYA to take yet another lead to bring the information and knowledge to its members.

Well timed from the awareness point of view, but difficult for SMEs like me to join in due to MARCH closing.

Hope you would organise similar effort in Delhi, Kolkatta and Banglore too.