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wiseone2

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Pakistan IT industry exports reaches $3.5 billion with 100% growth

7 Dec, 2017




ISLAMABAD: Pakistan’s IT industry has demonstrated positive growth trends for the last fourteen years with 100% growth in export earnings as total annual revenue of Pakistan’s IT Industry is nearing $3.5 billion.

Managing Director Pakistan Software Export Board (PSEB) Iftikhar Shah told APP that as a result of tax exemption and incentives, Pakistan’s IT exports have grown to an estimated $2.9 billion which includes Pakistani freelancers estimated to be earning more than $300 million annually.


Is Pakistan really snatching IT jobs from India?

Recently, US-based company shifted low-end jobs from India to Pakistan
By USMAN HANIF
Dec.11,2017
KARACHI:
An Indian magazine recently published an article that said Pakistan was now gradually taking over low-end information technology (IT) jobs from India.

This was news that Planning and Development Minister Ahsan Iqbal, said to be one of the brightest minds in the ruling party, could cheer about as he tweeted the story, claiming it was an international recognition of Pakistan’s IT policies.

According to Indian magazine Outlook India, on November 1, a US-based IT company shifted its 125 remote jobs from Indian city Noida to Islamabad.

Furthermore, India has been losing jobs for about two years to Bangladesh, the Philippines and Malaysia as these countries have been snatching employment by offering cheaper workers and now, Pakistan techies have also started grabbing their share of the pie.

Pakistan’s IT sector is growing exponentially and its size touched $3 billion. It doubled in the past four years and experts expect it to grow a further 100% in the next two to four years.

Pakistan is a budding IT industry when compared with that of India. Indian IT industry’s size is 51 times bigger than that of Pakistan and is worth $154 billion including $38 billion in domestic sales and $117 billion in exports.

While Pakistan’s IT industry is now growing faster than the Indian industry, it is expected to narrow the gap somewhat. Pakistan’s IT sector is growing by 20% per year as opposed to Indian industry’s growth of only 7-8%.

Representing Pakistan: Four firms to participate in IT fair

Governments of India, Bangladesh, the Philippines and Malaysia support their IT industries and provide infrastructure and incentives like technology parks, general sales tax rebate, subsidised internet, etc so that the sector could grow and earn foreign exchange.

The jobs that have been shifted to Pakistan from India are low-end ones which experts say does not mean that the neighbour will be at a disadvantage.

“Jobs are not finite in this world and if we take some of these it is not necessary others will lose,” commented Shehryar Hydri, General Secretary of the Pakistan Software Houses Association (P@SHA).

India is the biggest market of data operators and business process outsourcing (BPO) call centres. Experts suggest Pakistan does not need to emulate the Indian story as the need of the hour is different.

The next wave of jobs would be in the Fourth Industrial Revolution, which would need people in areas such as robotics, artificial intelligence, nanotechnology, quantum computing, biotechnology, The Internet of Things, 3D printing and autonomous vehicles, Hydri said.

“India is also looking for these jobs — that’s why it is losing low-end or cheaper jobs.”

Pakistan has the potential to capitalise on the opportunity. The New York Times in 2015 carried an article calling Pakistan “the next software hub”. In the same year, upwork.com, a freelance job providing portal with 26 million registered users, reported that Pakistanis accounted for the fifth largest number of software freelancers.

About 10,000 IT graduates enter annually in the job market of Pakistan which has around 150,000 mainstream techies and 150,000 to 200,000 freelancers who have a better record in the international IT market. The number will double if non-tech-savvy freelancers are taken into account.

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“Pakistan’s freelancers have gained better credibility than those in any other country in South Asia,” remarked Nouman Younus, who has been working as a freelancer for the past five years.

“Pakistani freelancers are a bit expensive, but they complete the job as per agreements with their clients, so they have earned a good name,” he said.

Pakistan is also getting foreign investment in the IT sector. Chinese e-commerce giant Alibaba is going to invest $400 million in Pakistan while China Telecom Global (CTG) is planning to upgrade Pakistan’s optical fibre network in partnership with Pakistan Telecommunication Company, which will greatly help in the growth of IT sector in the country.

Ironically, Pakistan’s government does not provide needed support for its technology sector, restricting its rapid growth.

“The future belongs to the tech sector and the government needs to support IT like it has done with textile,” said Hydri.

“Like the overall economy, Pakistan’s IT industry is also showing positive signs, but political instability can undermine its growth since investors don’t feel safe investing in countries where political turmoil prevails.”

The writer is a staff correspondent

Published in The Express Tribune, December 11th, 2017.


For all the rapist hindutva ...

Name the 10 largest IT companies in Pakistan by revenues

freelancers is an other name for cheap labor. really cheap
If you are any good employer will hire you at top dollar
 

Clutch

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Go beyond wikipedia

Top 10 IT companies of Pakistan with highest exports in 2016
By Maheen Kanwal on April 10, 2017

PSEB IT Awards 2016 to the top 10 IT exporting companies in recognition of their exceptional services in providing IT solutions worldwide.

Pakistan has the 4th largest base of freelance IT Professionals as the rankings of world’s most reputed freelance markets show. MOITT established PSEB to ensure sustainable growth of Pakistan IT industry. Pakistan has more than 2000 software houses. Pakistan’s IT exports have grown by more than 11 times over the last decade, growing to about 30 to 40 percent every year. Top 10 IT exporting companies which received PSEB IT Award 2016 are:



1. NETSOL Technologies Inc.
Pakistan’s first ever IT Company to be listed on NASDAQ in 1999. NETSOL provides high-quality software products and services to the leasing and asset finance companies in more than 30 countries. They provide services like business consultancy, information security and independent system review. NSPIRE is a business and tech incubator in Pakistan which was launched by NETSOL in 2015.

2. Systems Limited
Systems Limited is a global leader in next-generation IT services which provides computing strategies and solutions to government and private organizations. The services include BPO Solutions, Consulting Services, Software and IT Services and Outsourcing Services. Systems Limited has clients in United States, Middle East, South East Asia and Europe.

3. S&P Global Pakistan
It provides business intelligence and financial analytics to the customers around the world. They work on gathering data, processing data using latest technologies and then providing solutions to the government and other companies.

4. Teradata
Teradata provides business analytics solutions, architectural consulting, IT solutions and hybrid cloud products. It has more than 1400 customers in 77 countries. The services are provided to telecommunication companies, commercial and savings banks, airlines, healthcare companies, global retailers, transportation and manufacturing companies. The customers include eBay, Philips, Cisco, PayPal, Volvo and others.

5. TRG Pakistan
The Resource Group is an investment holding company specializing in the business process outsourcing sector. TRG provides growth and acquisition capital, analytical and technology expertise, strategic insight, a global operational footprint, an international perspective, and an expansive network of relationships.

6. Medical Transcription Billing Co.
MTBC is a USA-based health care IT solution provider with a subsidiary in Pakistan. It provides medical billing and consultancy services as well as medical transcription and business intelligence. It helps healthcare providers to improve their practices using cost-effective technological solutions. It has over 10,000 satisfied clients across America.

7. Ovex Technologies
Ovex Technologies Limited is Pakistan’s largest offshore Business Process Outsourcing (BPO) solutions provider and a leading exporter of IT solutions. With more than 700 highly qualified and trained personnel and 24/7 support, Ovex claims to provide best IT solutions to the clients. Ovex Technologies (Pvt.) Ltd. won Company of the Year award at the 2nd RCCI ICT Award 2016 and also won PSEB IT award. The clients are USA-based companies like En Pointe Technologies, PCM Inc., din Cloud, Premier BPO, Modern Gov IT and Collab9.


8. i2c Pakistan
i2c delivers differentiated credit, debit, and prepaid programs used by global brands and financial institutions. Their mission is to provide better eCommerce experience to customers using digital integration.

9. LMKR
LMKR is a petroleum technology company with an extensive Exploration & Production Software Solutions Portfolio and Geoscience and Information Management consulting solutions. The extensive solutions portfolio includes modeling and analytics software, E&P services, mobile technology solutions and consultancy services. It has clients in more than 80 countries which also include many Fortune 500 companies.

10. Mentor Graphics
Mentor Graphics is a leader in electronic design automation (EDA) software. They enable companies to develop better electronic products faster. Their innovative product designs provide engineering and technology solutions like FPGA and ESL designs, automotive EE designs, embedded software, mechanical analysis and other consultancy services.
 

wiseone2

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Go beyond wikipedia

Top 10 IT companies of Pakistan with highest exports in 2016
By Maheen Kanwal on April 10, 2017

PSEB IT Awards 2016 to the top 10 IT exporting companies in recognition of their exceptional services in providing IT solutions worldwide.

Pakistan has the 4th largest base of freelance IT Professionals as the rankings of world’s most reputed freelance markets show. MOITT established PSEB to ensure sustainable growth of Pakistan IT industry. Pakistan has more than 2000 software houses. Pakistan’s IT exports have grown by more than 11 times over the last decade, growing to about 30 to 40 percent every year. Top 10 IT exporting companies which received PSEB IT Award 2016 are:



1. NETSOL Technologies Inc.
Pakistan’s first ever IT Company to be listed on NASDAQ in 1999. NETSOL provides high-quality software products and services to the leasing and asset finance companies in more than 30 countries. They provide services like business consultancy, information security and independent system review. NSPIRE is a business and tech incubator in Pakistan which was launched by NETSOL in 2015.

2. Systems Limited
Systems Limited is a global leader in next-generation IT services which provides computing strategies and solutions to government and private organizations. The services include BPO Solutions, Consulting Services, Software and IT Services and Outsourcing Services. Systems Limited has clients in United States, Middle East, South East Asia and Europe.

3. S&P Global Pakistan
It provides business intelligence and financial analytics to the customers around the world. They work on gathering data, processing data using latest technologies and then providing solutions to the government and other companies.

4. Teradata
Teradata provides business analytics solutions, architectural consulting, IT solutions and hybrid cloud products. It has more than 1400 customers in 77 countries. The services are provided to telecommunication companies, commercial and savings banks, airlines, healthcare companies, global retailers, transportation and manufacturing companies. The customers include eBay, Philips, Cisco, PayPal, Volvo and others.

5. TRG Pakistan
The Resource Group is an investment holding company specializing in the business process outsourcing sector. TRG provides growth and acquisition capital, analytical and technology expertise, strategic insight, a global operational footprint, an international perspective, and an expansive network of relationships.

6. Medical Transcription Billing Co.
MTBC is a USA-based health care IT solution provider with a subsidiary in Pakistan. It provides medical billing and consultancy services as well as medical transcription and business intelligence. It helps healthcare providers to improve their practices using cost-effective technological solutions. It has over 10,000 satisfied clients across America.

7. Ovex Technologies
Ovex Technologies Limited is Pakistan’s largest offshore Business Process Outsourcing (BPO) solutions provider and a leading exporter of IT solutions. With more than 700 highly qualified and trained personnel and 24/7 support, Ovex claims to provide best IT solutions to the clients. Ovex Technologies (Pvt.) Ltd. won Company of the Year award at the 2nd RCCI ICT Award 2016 and also won PSEB IT award. The clients are USA-based companies like En Pointe Technologies, PCM Inc., din Cloud, Premier BPO, Modern Gov IT and Collab9.


8. i2c Pakistan
i2c delivers differentiated credit, debit, and prepaid programs used by global brands and financial institutions. Their mission is to provide better eCommerce experience to customers using digital integration.

9. LMKR
LMKR is a petroleum technology company with an extensive Exploration & Production Software Solutions Portfolio and Geoscience and Information Management consulting solutions. The extensive solutions portfolio includes modeling and analytics software, E&P services, mobile technology solutions and consultancy services. It has clients in more than 80 countries which also include many Fortune 500 companies.

10. Mentor Graphics
Mentor Graphics is a leader in electronic design automation (EDA) software. They enable companies to develop better electronic products faster. Their innovative product designs provide engineering and technology solutions like FPGA and ESL designs, automotive EE designs, embedded software, mechanical analysis and other consultancy services.
This link has the same information
https://www.techjuice.pk/top-10-it-companies-of-pakistan-with-highest-exports-in-2016/

Teradata and Mentor Graphics are not Pakistani companies
Netsol annual revenues are $65 million
 

wiseone2

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What is pakistani about teradata ?
https://www.teradata.com/

The leadership is American
https://www.teradata.com/About-Us/leadership

It is American company trading on the NASDAQ
https://finance.yahoo.com/quote/TDC/

They have career page with openings in USA, Europe, India
https://careers.teradata.com/index.gp?method=cappPortal.showAuthPortalLandingPage

they have plenty of jobs in India and none in pakistan
https://careers.teradata.com/index.gp?method=cappportal.showCategory&categoryId=19
 

Thanatos

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I think its impossible to convince indians here. There is a reason there at the bottom among all south asian countires when it comes to satisfaction and global happiness index. They have deep rooted hatred and its just waste of time arguing with them. Ignore these lunatics. If they believe they are super power , let them have fun.
 

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