Friday, January 4, 2008

Software development companies eye China

Driven by demand from their customers, Symphony and GlobalLogic have expanded their development base to China in recent weeks.

Bangalore: Outsourced product development (OPD) firms such as Symphony Services Corp. and GlobalLogic Inc. that build products for software firms and write code for chip firms have set up centres in China to service global clients in the region even as they eye business from north Asian markets.

Driven by demand from their customers, Symphony and GlobalLogic have expanded their development base to China in recent weeks. Other vendors such as Aztecsoft Ltd and the Chennai-based Aspire Systems (India) Pvt. Ltd are evaluating plans for a China centre but have not made a final decision.

The market for OPD services rendered from India is expected to touch $11 billion (Rs43,450 crore) by 2008, according to a study consultant McKinsey & Co. did for software lobby group National Association of Software and Service Companies or Nasscom in 2005.

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