Software industry in China
Encyclopedia
China's software industry
grew at a compound annual growth rate
of more than 39% over the period from 2001 to 2007 to reach RMB 506 billion and is further anticipated to grow at a CAGR of nearly 22% through 2012.
spending among various industrial segments
, including government, banking and manufacturing are likely to propel the domestic software industry in near future.
The ongoing large-scale endeavors for 3G
deployments are expected to fuel growth in the demand for 3G telecom
software across various application
platforms.
Expanding broadband
infrastructure with increased Internet penetration among Small and Medium Businesses (SMBs) will help the SaaS
market to grow at a CAGR of approx 44% during 2008-2012.
The software outsourcing
market is anticipated to grow at a CAGR of nearly 34% from 2008 to 2012.
The current perception of lack of required talent in coming few years is urging the foreign IT training and education centers to expand into China's IT education market.
Also, China is known as one of the leading countries in software development in world.
.
(Enterprise Resource Planning), SCM (Supply chain Management), EAM (Enterprise Asset Management), CRM (Customer Relationship Management) and financial software is growing rapidly. The ERP software is available from UFIDA Software
, Kingdee
, SAP
, etc.
Software industry
The software industry includes businesses involved in the development, maintenance and publication of computer software using any business model...
grew at a compound annual growth rate
Compound annual growth rate
Compound annual growth rate is a business and investing specific term for the smoothed annualized gain of an investment over a given time period...
of more than 39% over the period from 2001 to 2007 to reach RMB 506 billion and is further anticipated to grow at a CAGR of nearly 22% through 2012.
Growth
Rapid growth in ITInformation technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
spending among various industrial segments
Market segment
Market segmentation is a concept in economics and marketing. A market segment is a sub-set of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities of those products such as price or function...
, including government, banking and manufacturing are likely to propel the domestic software industry in near future.
The ongoing large-scale endeavors for 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...
deployments are expected to fuel growth in the demand for 3G telecom
Telecommunication
Telecommunication is the transmission of information over significant distances to communicate. In earlier times, telecommunications involved the use of visual signals, such as beacons, smoke signals, semaphore telegraphs, signal flags, and optical heliographs, or audio messages via coded...
software across various application
Application software
Application software, also known as an application or an "app", is computer software designed to help the user to perform specific tasks. Examples include enterprise software, accounting software, office suites, graphics software and media players. Many application programs deal principally with...
platforms.
Expanding broadband
Broadband
The term broadband refers to a telecommunications signal or device of greater bandwidth, in some sense, than another standard or usual signal or device . Different criteria for "broad" have been applied in different contexts and at different times...
infrastructure with increased Internet penetration among Small and Medium Businesses (SMBs) will help the SaaS
Saas
SAAS is an abbreviation for* Social Accountability Accreditation Services* Software as a service * Student Awards Agency for Scotland* Seattle Academy of Arts and Sciences* South Australian Ambulance Service...
market to grow at a CAGR of approx 44% during 2008-2012.
The software outsourcing
Outsourcing
Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...
market is anticipated to grow at a CAGR of nearly 34% from 2008 to 2012.
The current perception of lack of required talent in coming few years is urging the foreign IT training and education centers to expand into China's IT education market.
Also, China is known as one of the leading countries in software development in world.
Top Chinese software companies
In 2008, there were 984 software companies that achieved 100 million RMB or above in revenues.- Beyondsoft
- CDC Software
- Chinasoft International Ltd.
- hiSoft Technology InternationalHiSoft Technology InternationalhiSoft, or hiSoft Technology International Limited, is an information technology and business process outsourcing company. On June 30, 2010, hiSoft became the 144th Chinese company to be listed on the NASDAQ public exchange ....
- Integrated Solutions Limited Integrated Solutions Limited (ISL)
- KingdeeKingdeeKingdee International Software Group Company Limited is a listed company on the Main Board of the Hong Kong Stock Exchange.It is a player in the China software industry, an enterprise management software and middle-ware provider in Asia-Pacific region and an online management and e-business...
International Software Group Co. Ltd - Neusoft
- UFIDAUFIDAUFIDA, is one of the major providers of management software solutions and services in China and other Asian countries. Established in 1988, UFIDA has a customer base of over 500,000 across the region....
Software Co. Ltd - VanceInfoVanceInfoVanceInfo is one of the largest IT outsourcing companies in China.-Company Overview:VanceInfo Technologies Inc. is an IT service provider and one of the offshore software development companies in China. VanceInfo was the first China software development outsourcer listed on the New York Stock...
Technologies Inc.
Exports
The exports are mainly driven by the software business given by Japan. Over 60% of Chinese exports are taken up by Japan, as there are a good number of Chinese developers who develop software in JapaneseJapanese language
is a language spoken by over 130 million people in Japan and in Japanese emigrant communities. It is a member of the Japonic language family, which has a number of proposed relationships with other languages, none of which has gained wide acceptance among historical linguists .Japanese is an...
.
Linux
It is predicted that in China, Linux market (both server and client) will grow with an annual rate of 34 %. The client-side share growth will be comparatively faster.Enterprise software
The Enterprise software market including ERPEnterprise resource planning
Enterprise resource planning systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application...
(Enterprise Resource Planning), SCM (Supply chain Management), EAM (Enterprise Asset Management), CRM (Customer Relationship Management) and financial software is growing rapidly. The ERP software is available from UFIDA Software
UFIDA Software
UFIDA Software , or Yongyou Software,, with its headquarters in Beijing, is one of the largest software companies in China. Established in 1988, it developes and sells UFIDA Accounting software, UFIDA ERP software, etc....
, Kingdee
Kingdee
Kingdee International Software Group Company Limited is a listed company on the Main Board of the Hong Kong Stock Exchange.It is a player in the China software industry, an enterprise management software and middle-ware provider in Asia-Pacific region and an online management and e-business...
, SAP
SAP AG
SAP AG is a German software corporation that makes enterprise software to manage business operations and customer relations. Headquartered in Walldorf, Baden-Württemberg, with regional offices around the world, SAP is the market leader in enterprise application software...
, etc.
See also
- Software companies of China
- China Software Industry AssociationChina Software Industry AssociationThe China Software Industry Association is the major representative and one of the most active associations in the China Software industry...
- Institute of Software, Chinese Academy of SciencesInstitute of Software, Chinese Academy of SciencesInstitute of Software, Chinese Academy of Sciences is one of institutes that Chinese Academy of Sciences established. It was established on March 1, 1985. It's on the 4th Zhongguancun South Fourth Street, Haidian District, Beijing, China...
- Dalian Software ParkDalian Software ParkDalian Software Park is an industrial zone, created in 1998 in the western suburbs of Dalian City, Liaoning Province, China, where many of the world's large and medium-sized IT-related companies have set up shop to do software development and information services...
- informatizationInformatizationInformatization or informatisation refers to the extent by which a geographical area, an economy or a society is becoming information-based, i.e., increase in size of its information labor force. Usage of the term was inspired by Marc Porat’s categories of ages of human civilization: the...
- Ministry of Industry and Information Technology