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3 Replies Latest reply: Mar 26, 2012 9:10 PM by jc212gonzalez RSS

Looking to start new IT Firm in India

kowsalya.muni Newbie
Currently Being Moderated

Dear Friends,

 

i am running Software Development company in inida developing projects for local and small clients since 2009.

 

Now i am looking to expand my company like Pure IT Services company.

Please suggest me what are the pre requisites to follow ?

 

Thanks

Vikky

  • Re: Looking to start new IT Firm in India
    jc212gonzalez Novice
    Currently Being Moderated

    Hello Vikky,

     

    I am a noob to this forum but worked as a CEO for a few companies as well as owned some of my own. I had a friend who tried the same from Egypt, and the best strategy I could recall he followed was that he focused on one aspect of IT, which for them was virtualization, and then they moved on to cloud computing, and eventually saas development. I would avise this.. what are your main service strenghts, have you capitalized on one main source or a few. Are you looking to be an outsource firm or a direct service? I am aware of Indias great infastructure growth & service developments, yet the best compensation opportunities would be in the US & Western Europe.

     

    --- I must be honest and say that I am quite interested in exchanging ideas & information, as I know of several sources for the development of a joint venture here in New york. Please advise me of your interest if possible.

    • Re: Looking to start new IT Firm in India
      kowsalya.muni Newbie
      Currently Being Moderated

      Hi Jc,

       

      Thanks for your reply.

       

      i am working in all kind of IT services. presently working on Healthcare,Financial,logistics and Documentum domains.we are working in Consulting Services too.

       

      presently working on geting a client so that i can setup(Outsource) ODC in india .

       

      please let me know how to get these and share me your thougts.

      • Re: Looking to start new IT Firm in India
        jc212gonzalez Novice
        Currently Being Moderated

        Vikky,

         

        Do you have a few samples or demos that you are able to showcase.

        - The healthcare industry is quite open, and even if the presidential changes were to not take place, a large demand for billing, coding & document management is gearing  towards a growing trend.

        - Financial services is a small but very lucrative market [small because there are 4-5 main providers, that control the market demand] yet I know of a few corporation that currently outsource and know that with a few proper prospects clients can be attained. That will involve crm software & back end development, since those are the most open & able to convert.

        - Logistics is also a good market to explore, specially for any software that can be linked to GPS or tracking system, since time & location is key in this industry and any port location would be a hub for business.

        - Documentum I must say is not my forte' and would like your take on that and perhaps I can advise on a field or knowledge application.

         

        Outsource development centers are the rave & trend overseas, yet the American markets have still not fully embrace them, due to job downsizings & difficulty in communication.. an actual satellite corporation would need to be setup in order to properly introduce and deal with customer relations without the telecommuting aspect.

         

        - I would advise we continue this conversation through private email since the nature of this subject is often copied and deluted. Thank you again for the reply and information.

         

        JC

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