Top Software Development Companies In India

Why Outsource Software Development To India

India is the world’s biggest and one of the hottest IT hubs, consistently ranking among the top software outsourcing destinations.

India’s IT sector is expected to reach $350 billion by 2025, with IT services outsourcing being a major contributor.

The reasons why India attracts international clients, both big and small, and huge foreign investment in their IT, specifically software, services are:

• Immense talent pool: Last year, the country counted about 2.75 million software professionals, and the number was expected to almost double by the end of 2018. Not only does the country have one of the largest IT talent pools, but it has the fastest-growing one as well. As such, a custom software development company in India has quick access to the right talent which makes the onboarding process faster and more convenient than anywhere in the world.
• Something for everyone: With such an immense IT workforce, a custom software development company in India can recruit any kind of talent they need - fresh graduates to seasoned professionals, low-skilled developers to the budding CEOs of Fortune 100 companies.
• Ivy-level education: While it is true that many of the public universities in India are in need of better access to modern learning facilities, the country also has some of the world’s most advanced public and private university programs, particularly in the field of IT. In fact, Google’s own Sundar Pichai studied at the renowned Indian Institute of Technology Madras which has produced numerous other international corporate leaders, entrepreneurs and professors at the Ivy League universities.
• Bilingual (English-speaking) workforce: As a result of their colonial past, India is a bilingual country and has one of the biggest concentrations of English-speaking populations in the world.
• Cost efficiency: A land of contradictions, India can be one of the most cost-effective destinations in the world where software developers earn as little as $5 per hour, or it can be one of the most expensive, where highly skilled professionals and experts can command over $50 per hour. At the end of the day, as we said, there is something for everyone - and this is why the world looks to India for software development support.

Software Companies In India: How Do I Find the Right Software Development Partner For My Business

As we’ve established so far, software development companies in India are not only too many to count, but also highly diverse in terms of specialization, types of services and cost.

Before looking at what the market has to offer, it is important to look inwardly, i.e. to determine your organization’s requirement and set allocate a provisional budget to your software offshoring venture.

Laying The Groundwork For Outsourcing To India: Set Your Expectations

The first step to outsourcing should always be to clearly define your requirements. So, make sure you determine:

• What is it that you need help with? Some of the most frequently outsourced tasks are end-to-end development, design, integrations, quality assurance and tech support.
• What type of services do you require? The two most common types of services are staff augmentation and project-based partnerships.
  • Staff augmentation is a type of long-term collaboration whereby your software outsourcing partner in India employs and manages a dedicated team of software professionals that form an offshore part of your in-house team.
  • Project-based partnerships are simply one-time collaborations with a software company in India for the purpose and duration of the successful delivery of your project.
• How complex is your solution, i.e. what level of expertise and competence does it require? Software companies in India take on different kinds of projects, from the simplest tasks such as static web development to the most complex software solutions that require niche expertise or out-of-the-box approach.
• What type of expertise do you need? Some software developers in India will be highly specialized in AI, others in UI/UX, big data, IoT and myriad of other fields including robotics. Besides the technological expertise, think also of the level of familiarity your software development partner should have with your industry.
• How much of a time overlap would you prefer to have with your software development partner? Many software development companies in India are willing to synchronize their work hours with international clients, but this comes at a higher cost.

Laying The Groundwork For Outsourcing To India: Set A Budget

Decide on a provisional budget for your software outsourcing project. Strive to include all costs associated with it from the actual development to the third-party fees, including transactions, subscriptions and travel (if applicable).

This is just a number that will keep you focused on your business goals and help you narrow down your search to the custom software development company in India that can provide the most value for your money.

Keep in mind that your budget is very likely to change by the time you sign a contract with your software development partner.

Software Engineer Salary In India: How Does It Inform The Cost Of Software Development

An average software engineers’ salary in software companies in India falls between Rs 15 and Rs 20 lakhs per year, with translated to $21-28k per year.

But this is far from the real picture.

As we’ve discussed, these rates can vary greatly, and you’ll find software companies in India that pay their non-senior developers as little $3,000 per year.

This directly translates to the rates that the companies charge for their services.

Some software companies in India will charge as little as $10 per person, per hour, while others will go over $50.

How Many Software Companies Are There In India?

There are over 1.9 million registered companies across all industries in India. However, not all of them are active nor are they based in the software industry.

Although it is hard to know the exact number of software companies in India, it’s safe to say the number is in the hundreds – if not thousands.

Additionally, the top software companies in India include:

• Tata Consultancy Services
• Infosys
• Wipro
• HCL Technologies
• Tech Mahindra
• Oracle Financial Services Software
• Mindtree
• And more!

What Is The No. 1 Software Company In India?

Research says that Cognizant Technology Solutions may be the top-earning IT and software company in India.

However, the best software company boils down to more than a quick sentence.

Instead, the number one custom software development company in India is a more personal choice – it is the firm that suits your particular needs.

The software developers that are able to understand your brand, provide the skills needed for success, and can deliver results in a timely manner will be the best ones for your business.

Software Development in India: Who Should Outsource

It is easy to say that “any company can find their perfect software development partner in India,” and this is true, but it is not as easy to do so.

Companies that can arm themselves with patience and commit to meticulous research before embarking on their India offshoring venture stand to gain a lot. Others would be taking on great risk instead.

The best place to start are the lists of carefully curated software companies in India, like the one we’ve put together above (↑), and go slowly screen each prospective partner until you are confident you have found the company that can help you reach your business goals.

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