The innovations in the world of technology have prompted the need for advanced products and services. Globalization led to increased business needs that has placed in demands for enhanced software applications and IT infrastructure. The large number of processes flowing in a networked business environment Has brought with it complexities. Further, with businesses carrying out a number of interrelated functions, the need for high rate of accuracy in developing software applications also high.
With globalization comes expanse of business across wider locations.
The leading IT giants in their attempt to meet the customer requirements and organizational objectives have now forayed into distributed software development. Further, with IT market booming in to meet the challenges of the competitive business world there number of software developing teams and individuals also who work either as freelancers or have formed up as small and medium enterprises. Besides the corporate giants in the IT industry, these small and medium level software developers either take up work orders of customer research.
However the new trendsetters in the industry are the software development companies which take up application development as offshore development teams to help organizations to meet their requirements of various software applications. These offshore development companies with good industry expertise use wide variety of business intelligence tools to develop cost effective and quality software solutions.