Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.
India does IT. China is catching up…or, is it?
RNCOS (Research & Consultancy Outsourcing Services) presents these eleven findings on the Chinese Software Industry:
1. China’s software industry has continued to grow rapidly in the last few years.
2. The growth trend is still continuing as more and more companies are looking forward to entered the country.
3. Rapid growth in Internet use will further drive the demand for software that accommodates broadband services, such as multimedia compatible software that will enable users to enjoy broadband contents.
4. Northeast China and East China will become the main drivers of the China software outsourcing market in the next few years.
5. The South of China currently has a smaller market size but is rich in resources i.e. software talent, therefore, its rapid growth will soon be noticeable.
6. The exports are mainly driven by the software business given by Japan.
7. Over 60% of Chinese exports are taken up by Japan.
8. There are good numbers of Chinese who are capable in the Japanese language and can develop software accordingly.
9. It is predicted that in China, Linux market (both server and client) will grow in annual rates of 34%.
10. The client-side share of the Linux market will grow comparatively faster.
11. The enterprise software market including ERP (Enterprise Resource Planning), SCM (Supply chain Mangement), EAM (Enterprise Asset Management), CRM (Customer Relationship Management) and financial software is still very small and hence represents opportunities for future growth.
RNCOS would have us believe that there is still plenty of room for growth and outsourcing to China for software needs not to mention that China may be the better place to outsource software needs for Japanese companies.
What do you think?