Home>>
News and Events >>
Media Coverage
News and Events
Contact Us
China’s Software Outsourcing Service Industry Sets a Growth Rate of 40.6% in 2007
2008-03-09
As the RMB has been gradually appreciating, it has begun impacting China’s outsourcing field. According to the latest statistics from consultants of CCID, one of the most prestigious websites especially for the IT industry in China, the growth rate of Chinese software outsourcing firms has decreased from 55.4% in 2006 to 40.6% in 2007.
According to another latest comprehensive statistics report from CCID, China’s software outsourcing services market is expected to rise by 35% in compound annual growth in the coming five years, outpacing the global market growth of 13%. By the year o f 2012, the scope of China’s software outsourcing service market is expected to surpass $US 9 billion.
(Topoint.com.cn)
About Insigma HengTian Software Ltd.
Insigma HengTian Software Ltd., established as a strategic alliance among Insigma Technology, State Street Corp, and Zhejiang University, is dedicated to providing top quality and highly sophisticated technology development and support services to global financial institutions. We do this by capitalizing on the rich management and marketing capabilities of Insigma Technology and State Street Corp., as well as on the strong academic resources and people of Zhejiang University. Our synergy between Insigma, State Street, and Zhejiang University has been a key factor in the success of HengTian’s business to date.
http://www.hengtiansoft.com