The Global Economy and Business

The principal facts published about Pakistani IT look like following.

IT industry of Pakistan went unnoticed for years. In seventies there were only several companies in Lahore and Karachi catering to public and private needs within Pakistan. Few computer institutes came up offering courses in computer programming languages. By 1980 there IT industry was already mature and well established. Starting from 1997 global IT went into hyper activity, until then Pakistan was a very small player with only few companies exporting software and services. By 2000 Pakistan had over 700 software companies. Ninety percent of which had based their business models on offshore development and related services.

In present days IT industry of Pakistan is rather developed. Main services, offered by Pakistan, are:
ITO - Information Technology Outsourcing
BPO - Business Process Outsourcing covers things like running call centers, processing insurance claims.
Software - Offshore Software Development
Search Engine Optimization

And the main advantages, which are determined by Pakistan’s IT specialists, are:
1. Western experience
2. Professionalism and integrity
3. Higher labor availability
4. Low cost talent pool.

But is everything really so good? Let’s consider all the points separately.

Pakistan specialists in web-development really do amount of work for western companies, so they have some experience in it, BUT it is not that kind of experience, which is needed for high quality.

Professionalism and integrity? How can it be? The level of education in Pakistan is one of the lowest in the world due to the political and economical situation in the country. Very small part of Pakistani specialists can afford to gain knowledge and experience in foreign developed countries, because incomes of citizens are really low.

Higher labor availability - that is true, but is it not connected with such term as quality. By the way, how can person, who has almost no holidays and days-off, really do his job always properly? You know the answer?

And the last thing. Low cost is great, when workers are professionals. But do you really think, that it is good to spend even less money for bad result?

I’ve always wanted to have a big country house with spiral stairways inside. Not so long ago at last I realized my dream with the help of the company Cacciola Iron Works who managed to embody my own design in iron. Now our wrought iron spiral stairway impresses our guests and each time I look at it I feel proud.

I’d like to thank the highly professional designers from Cacciola, NJ who helped me with advice on the design. I should also say some words about the quality of work and the time of performing my order. Good job, guys!

Yesterday I was searching the Net and found an interesting statistics. The last survey of the Internet users shows that the percentage of people who are 55+ has increased over the last 5 years. What conclusions can we make from this?

I think the first thing that every site needs to add is a special part dedicated t retired people. Fore example, mortgage brokers have to provide the online training explaining special conditions for old people.

But even more. During the period of financial crisis the old people are the ones who become even more economical than usual. They don’t want to spend money on gasoline or taxi and to go to bank many times. They will look for financial consulting online. I think that it can be really good to implement (embed) into the site a sort of video streaming software. The opportunity to communicate with you online can help you to win a competition among the other mortgage broker companies.

The second thing regarding the increased number of pensioners online is concerned online shopping. And one more time I need to say about gasoline or taxi expenditures. The statistics shows that the sizes of online trade have increased by 34% and the greatest impact was done by people who are older than 55 years. They surf the Net and buy designer clothing online and order presents to their children, relatives and friends. They buy book on Amazon and even use chats and dating sites for Internet dating.

More and more of the think about investing through Internet or using web 2.0 sites like Zillow or Fizber.com to sell and buy homes….

Internet is growing… and becomes older! This opens new opportunities for online business.