Arup Roy’s (CEO of Red Apple Technologies) Views on Bengal’s Evolution as a Software Development Hub

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Arup Roy
Mani Casadona West Tower, Unit No: 6WS1, 6th floor
New Town, Rajarhat, Kolkata
West Bengal 700156 
Phone:+91 9836644504

As the software development landscape is evolving, Red Apple Technologies Pvt. Ltd. CEO Arup Roy remains steadfast in his optimism about the future of outsourcing from Kolkata , particularly focusing on West Bengal’s capital. With a rich cultural heritage and burgeoning technological expertise, Kolkata stands poised to emerge as a significant player in the global software development arena.

Some Facts to be considered:

The worldwide population of software developers is bound to touch 28.7 million by the end of 2024. This is a straight rise of 3.2 million in a span of 4 years. There are almost 4.3 million software developers in the US. 84.7% of software development projects are based on enterprise applications. 53.6% of software development projects are based on business automation, and 38.50% are e Commerce.

The cost of software development projects ranges from $3,000 to $150,000.

The employment of software developers in the US will grow 22% in the US alone by 2029 – so, the kick start of 2024 would be a great opportunity for the US software developers.

Approximately 80% of the world’s top 500 companies leverage offshore teams for their daily operations, highlighting the widespread adoption of this practice.

33% of the global tech market is in the US.

Despite the vast size of the US tech and software market, a significant 67% of technology spending takes place overseas, indicating the global appeal and demand for tech products and services. Europe emerges as another major player, accounting for one-fifth of the total global tech spending.

Why is India good for offshoring?

>>Lower Operational Costs: Costs of utilities, infrastructure and materials are lower in countries such as India making it a cost-effective move.
>>24/7 Operations: Companies can cover time zones different to their own which provides the organization with 24/7 operations.
>>Favorable government policies, fast-developing infrastructure and an immensely talented workforce.
>>India is fully capable to handle complex turnkey projects effortlessly utilizing its skilled resources and state-of-the-art technology.

Like many western countries, the USA is also facing a tech resource crunch. It is outsourcing approximately 300,000 jobs annually. 60% of these are IT and digital marketing jobs. The high demand for tech resources vs. low supply makes outsourcing in the US for a long-term commitment to projects a challenge. Due to a lack of availability, the hiring cycles have become as long as 60-90 days in the USA.

India, on the other hand, provides a large pool of talent across technology stacks.

According to the report by IBEF, the IT industry added 4.45 lakh new employees in FY22, bringing the total employment in the sector to 50 lakh (5 million) employees.

Despite previous hindrances such as language barriers and time zone differences, Roy emphasizes the overlooked potential of Kolkata’s tech talent pool. While major Indian IT hubs like Bangalore, Delhi, Chennai, and Mumbai have traditionally garnered attention, Kolkata’s skilled developers offer competitive rates and a commitment to excellence.

Founded in 2011 as a game and app development company, Red Apple Technologies has elevated its services to new heights in the international market. With a proven track record of over 500 successful projects and a committed team of over 150 employees, including designers, developers, and technology enthusiasts, the company has received extensive recognition and client endorsements.

“In Kolkata, we’ve witnessed the convergence of artistic brilliance and technological innovation,” says Arup Roy. “Our team at Red Apple Technologies is dedicated to showcasing the immense potential of the tech talent on a global stage. With our commitment to excellence and proven track record, we are poised to redefine the outsourcing landscape.”

Roy highlights India’s economic advantages, skilled workforce, and favorable government policies as driving forces behind the country’s dominance in outsourcing. He highlights India’s capability to handle complex projects seamlessly, leveraging state-of-the-art technology and a motivated workforce.

With the global crunch in tech resource , Roy acknowledges the increasing demand for outsourcing, citing India’s ability to provide a vast pool of talent across technology stacks. Red Apple Technologies’ success story underscores the state’s emergence as a significant destination for software development outsourcing.

As the global tech market continues to expand, Red Apple Technologies remains at the forefront, championing Bengal’s potential as a premier outsourcing
destination. With a vision for excellence and a commitment to innovation, Roy and his team are poised to lead a new era of software development outsourcing.

Red Apple Technologies