Idyllic Software Represents New Breed Of India-Based Tech Firms That Are Leading Advancements In Software Development
Higher skill sets, increased accountability, investment and a spirit of entrepreneurialism have transformed the India tech culture and role in global technology innovation
BOULDER, Colo., Oct. 1, 2015 /PRNewswire/ -- Idyllic Software (http://www.idyllic-software.com), a provider of enterprise-grade software delivery services, is a rising example of the new breed of technology firm that is shattering stereotypes in India. From inspiring office settings and a re-cast culture of excellence and entrepreneurialism, to a more seasoned and savvy technology community, India is now home to thousands of budding startups and service firms that are transitioning from "tech-tacticians" to more strategic and innovative technology providers.
"Having worked in the U.S. for more than a decade I experienced firsthand the struggles companies had in working with consulting firms. The challenges were even more when the consulting firms were offshore and it included time differences, cultural differences and lack of transparency," said Jinesh Parekh, CEO for Idyllic Software, a 45-person development firm headquartered in Pune, India. "Having the outsourcing pendulum swing negative for a while created an opportunity to build a culture and value-driven consulting firm. In India, it helped tear down some of the limiting cultural norms that existed and provided the space people and companies needed to re-shape the technology industry."
From Prime Minister Narendra Modi's high-profile visit to Silicon Valley to meet Facebook's Mark Zuckerberg, to global recognition of India's growing consumer technology market, a new culture of innovation and entrepreneurialism has taken hold. Global tech firms see a maturing market, and firms like Idyllic Software are being sought after to build sophisticated software with highly talented teams.
Some facts:
- According to industry tech group Nasscom, India is the fourth largest base for young businesses in the world, and home to 3,000 tech start-ups. It says that number is set to increase to 11,500 by 2020.
- Foreign tech investment is skyrocketing, illustrated by Tiger Global Management's investment of $422 million in 2014, and Russian-based DST's $352 million.
- In 2014, 215 million people were online at least monthly, and it is projected to hit 346 million in 2018. This is a clear sign that technology is increasingly embedded in Indian culture.
- The public cloud market in India is booming, with research firm Gartner saying the it is expected to reach $1.9 billion in 2018, from $638 million in 2014.
- Outsourcing to India now means gaining more educated people to your team. Says CIO magazine: "when you outsource to India, you will be outsourcing to people who are highly educated, often holding degrees from the United States' finest universities."
"India has quietly transformed itself into a technology powerhouse of innovation and it's an exciting time as the world takes notice," says Parekh. He outlines the following factors that have contributed to a new breed to technology organization:
Culture:
Indian companies are investing heavily in culture and it is knowledge driven. Expectations also are much higher, leading to a new breed of company that is driven to succeed, very smart and creative, and typically with a flat hierarchy.
Community
The India Tech community is more connected than ever – sharing experiences and providing support for startups. Meet-Ups, Ted Talks and regional and major industry events are popping up in India's technology hotspots.
Reputation and Talent are Important
According to Rediff Business, in India "there is a high demand for good talent and hence a lot of attention is being given to retaining and engaging that talent." Companies like Idyllic put high importance on obtaining and retaining the most talented employees.
Saying NO:
In the past many India-based service firms would promise anything under the sun just to land a project. Now, these same firms have more options, opportunity and confidence. They can cherry pick, and focus on core competencies where they build stronger expertise and accept projects that excite them.
Technical Innovation:
Technology is no longer an outlier, but increasingly embedded within the Indian culture. Hence, developers are up to speed with all new technology trends – and they not only follow them closely but also have stronger, more educated opinions about them.
Outsourcing May No Longer be a Deal
Outsourcing was once viewed primarily as a cost-cutting effort, and for some time a very effective one at that. Today, software developers in India are more focused on high-end engineering as they possess a much higher skill set. This result in higher costs, however the delivery of value is equally much higher.
Idyllic Software founders worked at several successful U.S.-based technology firms before returning to India to establish a new model for outsource services. The firm focuses on software business value first, and empowers its development teams to solve customer problems based on practical and beneficial approaches. Its culture is reflective of the flourishing India technology community where humility, ethics and knowledge are core operating principles.
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About Idyllic Software
Idyllic Software is an India-based software delivery services firm focused on Ruby on Rails, Node.js and Microservices solutions for enterprise customers. Its mission is to provide practical, strategic and high-quality services to customers by hiring the best talent and empowering them to excel. It promotes a culture of excellence, collaboration and doing what's best for the customer -- with client business interests always first over technology considerations. This open, practical and empowering approach has led to strong growth among enterprise customers within North America. The firm has two development centers in India, with support offices in Boulder, Colo., Chicago and Boston. For more information please visit: www.idyllic-software.com.
Contact:
Guy Murrel
Catapult PR
(303) 581-7760
[email protected]
SOURCE Idyllic Software
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