Posts Tagged ‘Global’

Hyderabad to host global software engineering conference from May 31

May 6th, 2014

Hyderabad will host the annual International Conference on Software Engineering (ICSE) from May 31 to June 7, a first for the country. Previously, the conference was held in Asia in 2006 at host city Shanghai. The 36th edition of ICSE will address recent innovations, trends, experiences and challenges in the field of software engineering.

“Owing to the strong academia and industry presence in the city, Hyderabad was the destination of choice,” said Ramesh Loganathan, president of ITsAP, which is a conference partner along with NASSCOM.

The conference will involve the participation of around 1500 to 2000 delegates. It will include symposiums, demonstrations and workshops and will provide a platform for industry experts and researchers to network for innovation and collaboration. On the cards are industry tours for the participants to software majors in the city.

“We have 800 participants who have already registered with us so far including 150 companies,” said Pankaj Jalote, general chair of the conference organisation and director of Indraprastha Institute of Information Technology (IIIT) Delhi.

The international conference that brings together researchers, industry practitioners and academicians will be held in Firenze, Italy next year, followed by Austin, Texas the year after.

Source:http://economictimes.indiatimes.com/tech/ites/hyderabad-to-host-global-software-engineering-conference-from-may-31/articleshow/34692906.cms

Global angel fund B-Hyves plans to back 6-8 software solution startups in India every year

January 14th, 2014

B-Hyves is a new early stage investor in town and is looking to invest and incubate ventures in business process software solutions and may invest in around half a dozen firms a year in the country, the managing partner of B-Hyves told Techcircle.in.

“We are looking to co-invest in software solution ideas or ventures which have domain expertise in segments like real estate, healthcare and life sciences, logistics and supply chain and human resources,” said Arun Kumbhat, managing partner of B-Hyves said.

The company would look at investing up to €0.5 million ($680,000 or Rs 4.2 crore) either in existing startups or incubate companies with entrepreneurs who have strong domain knowledge.

According to Kumbhat, while B-Hyves would prefer to co-invest in a company with an entrepreneur, which means incubating the venture, it would simultaneously look at investing in other existing firms.

According to Kumbhat, who has led ventures like pharmaceutical and medical supplies company Halley Medical Supplies and also been an advisor to international pharmaceutical companies and drug delivery technology startups like Medincell SA, B-Hyves will make six-eight investments in the country every year.

B-Hyves has already made a few investments in Europe and will also look at investing in the US. The holding company of B-Hyves is B-Op Trust AG, founded by German entrepreneur Stefan Seiler. Seiler is also founder of ZugSeil Group, a software solution company which started in 1994.

Source:http://techcircle.vccircle.com/2014/01/14/global-angel-fund-b-hyves-plans-to-back-6-8-software-solution-startups-in-india-every-year/

US losing grip on global software market

August 30th, 2013

In the wake of the initial release of the iPhone, the American software industry and its new-found focus on developing mobile applications, or apps as we now affectionately refer to them, was performing brilliantly in 2008, even as the rest of the country was falling deep into recession.
“On average,” boasted an industry insider publication, “workers in the software and related services sector were paid $85,600 in 2007. This is 195 percent of the national average.”
Five years ago, 65 percent of all apps were created in the United States. A new report from tech analytic firm Flurry shows that we’re losing that grip. Right now, more apps are produced outside the US than within.
The loss of dominance is a story of translation, locality, China and Angry Birds.
“While US-made apps are used elsewhere, unsurprisingly, people in many other countries spend a significant amount of their app time in apps developed in their home countries,” writes Simon Khalaf in a blog post for Flurry explaining the report. “For example, 13 percent of the time spent in apps in the UK is spent in apps made in the UK and 8 percent of the time spent in apps in Brazil is spent in apps made in Brazil. But as is so often the case, it’s China where things get really interesting. Nearly two-thirds of the time spent in apps in China is spent in apps made in China. US-made apps only account for 16 percent of total time spent in apps in China. The size and growth rate of the Chinese app market imply that the worldwide share of time spent in apps that are produced in the US can be expected to contract further.”
The solution for American developers is branching out to worldwide appeal.
“While many US app developers are just starting to think about globalizing their apps, it has been a near necessity for developers in some other countries from the beginning. Consider the situation facing a developer in a small country where the local language is not one of the world’s dominant languages,” continues Khalaf. “Unless they create an app with global appeal (e.g., a flashlight app), or that can be adapted to local markets relatively easily (e.g., translation of a weather app), they are likely to end up with very few users. That is a problem since the time required to develop an app for a small number of users is no different from that required to develop an app used by a large number of people.”
Add this data to the heap of evidence that suggests the world is getting flatter and flatter every year.

Source:http://www.allvoices.com/contributed-news/15359484-us-losing-grip-on-global-software-market

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