|
Feature Articles Archives
|
|
The Hindu, India
|
March 9, 2002
|
|
|
|
Unplanned growth cause for global slowdown
|
|
|
Software Paradigms India’s new building in Gokulam III stage here was inaugurated by the Director of Software Technology Parks of India (STPI), B.V. Naidu, on Friday. The Mayor, B.K. Prakash, presided over the function.
Software Paradigms India is an offshore development centre of Software Paradigms International, a consulting and systems Integration Company incorporated in Atlanta, U.S. The main thrust areas of the company include web-based solutions and data warehousing solutions.
While software Paradigms International has an annual turnover of $ four millions, the centre in Mysore registers an annual turnover of Rs 2 crore.
Speaking about the global recession in IT sector, the Chief Executive officer of the company, Siddaratha Mookerji, attributed the worldwide global slowdown to unplanned growth and unviable business modules. However, companies such as software paradigms escaped the fall-out due to proper business planning.
Though 90 per cent of the software development for U.S. companies was carried out in India, the U.S. companies enjoyed intellectual property rights for the information technology products. “IBM earns about $ one billion every year from patents,” Mr. Mookerji said.
He, however, sought to downplay the impact of intellectual property rights of software industry in India. “Intellectual property rights do not affect India in information technology as much as it does in the other sectors,” he said.
The Managing Director of Software Paradigms India, KK Mookerji, spoke.
‘Good potential’
At a press conference on Thursday, Mr. Mookerji said if Mysore were to have been in the U.S., the city would have been a prime destination for investment in the software sector. He said Mysore enjoyed a host of advantages for setting up information technology units.
“With three engineering colleges, there will be no dearth for skilled personnel. Apart from sufficient telecom infrastructure and the salubrious climate, which the city enjoys, the pollution level are also low,” he said.
A city such as Mysore was an ideal location for setting up software companies, he said.
|
|
|
|
|
|
|
