Fondly called “the Gateway of South India,” Chennai has started to mark itself as one of the biggest & important strategic locations for the many US-based billion-dollar companies. The state currently boasts 1,11,179 crore, with 4,000 IT companies involving a workforce of 780,000!
So, how’s this transformation to the new Silicon Valley in the last two decades? Can it further this development and displace Bengaluru as the IT capital of India?
Let’s discuss how Chennai seems to be a prime location to start IT offshoring services. Why the city should be a place you need to watch out for if you’re hoping to build start-ups or emerging businesses.
Home to India’s largest IT park (Tidel Park,) more affordable real estate, amenities, and good civic infrastructure to rival top metropolises seem like blessings for many start-ups or emerging businesses.
Chennai’s booming IT environment has a lot to do with talented resources, encouraging state government policies, and the city’s overall sentiments towards IT industries.
There are several factors involved here. Let’s discuss them one by one.
Start Government Policies & Plans
Tamil Nadu has to date given approval to at least develop 37 IT special economic zones (SEZs). State agencies have also started work on establishing 11 dedicated software parks and nearly 220 IT parks have been sanctioned by the state IT department.
These agencies are also offering generous tax incentives for companies that want to establish new businesses or expand current operations.
Not only that, but the state government has also introduced several policies and acts that are there to felicitate to make Chennai a hub for tech firms whether big, small, or emerging. Especially FinTech Policy 2021, Information Communication Technology Policy 2018, and even projects like the “TamilNet” project to set up high-speed internet facilities across the state.
Top Companies’ Favorite
That’s the reason, you can see Fortune 500 or 1000 companies preferring Chennai to establish their companies in the state. Many top companies have huge office premises in the state, namely, TCS, Capgemini, Infosys, Cognizant, Accenture, HCL, Nokia, and Oracle, among others.
One of the reasons top tech companies are also inclined to set up their businesses in the state is due to the presence of immense IT resources and the presence of top-notch sciences, technological, and engineering institutes.
Easy Acquisition of Skilled Resources
Chennai boasts of having a literacy rate of 81.3%, with premier educational institutes like IIT Madras, Chennai Mathematical Institute, Anna University, and an increasing number of private colleges making it very easy to get talented and skilled employees.
Esteemed and world-class start-up incubator networks such as The Start-up Center, PayPal Startank, Anna University Incubator, and IIT-M Exploration Park are creating environments for innovation, experimentation, and new idea research.
Not only has this led to Chennai transforming into the new ‘Silicon Valley,’ but it has also started a new wave of doing business. Offshoring.
In simple terms, Offshoring means the process of getting work done in another country. Meaning, that you start an activity and move that to an offshore location, but the company’s project and its outcomes are completely managed by you.
It’s really not any new mode of business. But the growth of the Internet and advancement in communication technology has made it quite easy to offshore. how do you decide on which company to go for, especially if you’re in the SME space?
Well, we’ve got your back!
We discussed how Chennai is breeding a new kind of IT culture. Let’s now focus on why you should also opt for outsourcing/off-sourcing IT staffing from one such IT firm that is very soon going to be a part of this very booming & prosperous IT culture.
PeritusHub is a premium IT staffing firm that provides industry-leading tech talent to small and medium-sized businesses. The company’s main focus is not only helping businesses move to the cloud quickly but also within budget without having to compromise on the quality of the deliverables.
We hire skilled resources with multiple high-standard interview processes to create a team of individuals with the right skill set for knowledge-based processes so as to fulfill clients’ specific requirements and have a high margin on the product or project. Our services include but are not limited to:
- IT Infrastructure
- CI/CD automation
- Cloud databases
- Migration projects
- App modernization
- Serverless development
- Security Architecture
- Cloud Services
- Data Engineering
- Data Discovery
- Data Analytics
- Machine learning
- Artificial Intelligence
- Predictive analytics
- Statistical modeling
- Attribution modeling
Why Offshore Outsourcing with PeritusHub?
The company believes in offering offshore/outsource services for IT firms that can help you rise above your peers with its cost-effective, quality & result driven, dedicated, and experienced talented resources. So go with us for:
- Faster time-to-mark`et
- Significant Cost Reduction
- Select from a diversified pool of skilled professionals
- Full-Service Provider of both cutting-edge technology and creative design skills
- Enterprise-grade Talent for Your Digital Transformation
- The quick and reliable delivery mechanism
- Shortened Development Cycles
- Customized IT & Cloud solutions & services
- Effective Application Monitoring,
- Quick Customer support
- Cloud Infrastructure monitoring & maintenance
- Dedicated Team of Professionals (Developers, Data Scientists, ML engineers, AI model label generators, etc)
Located in the premium surroundings of RMZ Millenia, the company is looking to create a long-term positive visual, experiential, and psychological influence on people working or visiting us. The company’s Chennai office is equipped with world-class technologies, resources, and updated & upgraded infrastructure that you don’t have to spend a penny on setting up in any new infrastructure.
PeritusHub understands that the current IT scenario has made it easier to source technology products and utilize them but pooling in the right talent and making it work is still a challenging concept for a lot of businesses.
If you would like to stay ahead in the marketplace, focus on the core competencies of your business and utilize the latest technologies, then offshore outsourcing can help your organization achieve all this and more.
So, whether you’re a small or medium-sized business, we’re ready for you! Don’t worry, have confidence in outsourcing/off-shoring. Give us a call!