Types Of IT Companies
There are three main types of IT companies in Hyderabad. They are IT companies, ITES companies and Computer Hardware companies. The IT companies handle the various software development programs for the multiple industrial sectors in Hyderabad and the rest of the world. In this category, Hyderabad has a colossal number of domestic and international companies to its credit. This segment of the Hyderabad IT industry earns the maximum export revenue for the Indian government. The ITES companies (IT enabled services) deal largely with BPO companies and support services. This segment also forms a major chunk of the IT industry in Hyderabad. The third and the final segment of IT companies are the computer hardware companies. Several brands of computer hardware companies provide support to multinational companies and domestic ones and are in the bid to expand their network to the rest of the country.
Major IT Companies
Some of the major IT companies in Hyderabad are:
- Google Inc.
- Tata Consultancy Services
- Amazon Inc.
- Texas Instruments
- Ogilvy And Mather
The government has done much to support the development and the growth of the IT industry in Hyderabad. Many multinational companies receive invitations from the Government of Andhra Pradesh and India to come and set up their headquarters/ base for operations in the country. The government also provides support in the land allocations aspect in the event of building an IT park or establishing a single office. Many companies benefited from the building of the first IT Park in the city, HITEC City. Apart from land allocation aid, the government also helps domestic and international companies avail state-of-the-art facilities with modern offices and international styled architecture.
Hyderabad provides an encouraging environment, getting various IT companies to establish their bases, grow and network with one another across the world. One of the fastest growing economies owing to the IT sector, Hyderabad is home to some of the biggest multinational companies, BPO's and lavish IT parks.
The future of the IT industry in Hyderabad promises growth and success stories along with expansion and further technological development. It is said that Hyderabad is also known as the second Silicon Valley of India, after Bangalore. Widespread investments, digital infrastructures and training centers are aiding the growth of the number of IT parks around the city. The city has also been selected to house India's first silicon developing facility known as Fab City making Hyderabad truly India's high-tech city.