Software outsourcing off to a good start

Local software outsourcing firms have seen a business improvement since late last year with more orders coming from new markets like Europe and Australia alongside the domestic market.
Tran Phuc Hong, director of TMA Mobile Solutions, said that despite economic woes, the local software outsourcing market was growing well, and TMA had maintained its growth since early 2010.

“The number and value of orders this year will not change much from last year with estimated growth of 20-25%. Our customers are mainly from traditional markets such as North America, Europe, Australia and Japan,” said Hong.

Ngo Van Toan, deputy director of Global CyberSoft, said most of the firm’s projects were from last year and expected a bright prospect this year.

“Based on the orders we’ve got, the firm’s revenue is estimated to rise by around 25% from last year. Our big markets this year will still be the U.S., Japan and Vietnam with enterprise resource planning (ERP) and automation systems,” said Toan.

Meanwhile, the volume and value of orders at CSC Vietnam has risen by 10%, with customers from the U.S. accounting for 75%. CSC has also received more orders Europe, Australia, Asia and the local market, said general director Ngo Hung Phuong.

According to Hong of TMA, this year will remain challenging due to the impact of the global crisis. Therefore, TMA will continue to focus on sustainable development by establishing a research and development center in Saigon Hi-Tech Park and expanding an internship center for students.

However, outsourcing firms have always had difficulty employing engineers in the past years. The situation will not get better in the coming years, said Phuong
Saigon Times

Posted by VBN on Jan 20 2012. Filed under Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry