Looking back history, IT business as solution provider boosted in 2010 although there were few firms which dealt with training, selling hardware and build software. However this is my personal view, not supported by any data/fact. Before 2001, there were institutes which used to conduct short term training courses, but not full fledged academic degrees. I still remember myself, in 1999 walking street of Bagbazar and Putalisadak to find best training institute which can supplement academic degree. Scenario has been changed and now, almost 4500 IT undergrads produced every year in the country.
When we talk about the IT industry, most businesses are to related IT services, few are product basis and very few might be in consultancy. I would classify service as designing/developing websites, customizing open source software and building one-time usable application such companies are IT Offshore, Websearch Professionals, ebPearls (many to name). Companies which build flagship product and sale them on license basis comes under Product Basis – D2Hwakeye, Javra, Swastic are few to take example. There also some companies who actually falls on both category – e.g. F1Soft. I am not sure whether company who do IT consulting business actually exists, but I image it should be. Another way of categorizing IT business can be in terms of where they sell (in terms of their market). For now, I would broadly divide into two – outside country (can be said offshore), inside country.
I have very less chance to interact with people from product-basis companies. People in service-basis business doing awesome and are equally competent with their counterparts from those in developed countries (Europe or USA). Major chunk of business is focused on customizing modules, templates, extensions and writing hacking code to get demanded functionalities. In other way, it is a responsive nature of service, they demand we act.
Should people in this business worry about its business? There is comment of being reached in saturate point. I think people in this business should be happy (not worry), happy to explore opportunities. As I said, it is responsive business, why not take chance to be initiative. It is people in the business who innovate industry. By saying people I am pointing to designers, programmers, engineers, marketers, project managers and founders (no doubt). If we see open source business model, it is more profitable in giving. Best thing about this model is giving is initiation. Most of time initiation is innovation. Open source is about giving, not only about taking. Questions arise, will such business model (building templates, module, extensions selling or giving for free) work? It will defiantly work because it worked globally and growing in multiple fold. Their remains challenges on understanding need of people and fear of getting sold those modules. Global industry experts suggest to build medicine or pain killer, not vitamin. So new challenges for people in the business identifying pain killer, medicine and vitamin.
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