DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/t8mzc5/global_outsourced) has announced the addition of the "Global Outsourced Software Testing Services Market 2012-2016" report to their offering.
The analysts forecast the Global Outsourced Software Testing Services market to grow at a CAGR of 10.12 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to reduce operational cost and time. The Global Outsourced Software Testing Services market has also been witnessing increasing use of premium tools from open source. However, the lack of skilled resources could pose a challenge to the growth of this market.
The key vendors dominating this space include Accenture plc, Capgemini SA, IBM Corp., and Wipro Ltd.
The other vendors mentioned in this report are Cognizant Technology Solutions Corp., Computer Sciences Corp., GroupeSteria SA, HCL Technologies Ltd., Hewlett-Packard Co., Hexaware Technologies, Infosys Ltd., Logica plc, Micro Focus International plc, Software Quality Systems AG, TCS Ltd., Tech Mahindra Ltd., Thinksoft Global Services Ltd., and UST Global.
Commenting on the report, an analyst from the team said: Although technical ability and understanding of the domain knowledge is extremely important, software testing clients are increasingly focusing on the role of processes and the team spirit and commitment of employees working for third-party service providers. Clients are increasingly making outsourcing teams feel as if they are key stakeholders. Therefore outsourcing companies are looking at third-party employees with a view to establishing a long-term relationship and are ready to invest in them in terms of education, training, and team building activities. They are trying to change the culture among employees by providing free English classes as well as technical and soft skills training in order to build a strong corporate culture. These aspects of a software testing outsourcing firm are increasingly becoming more and more important to client organizations when selecting an outsourced services provider.
According to the report, one of the main growth drivers is the need to reduce operational time and cost. The Global Outsourced Software Testing Services market is witnessing increasing demand for software testing from companies because the quality of applications is highly dependent upon testing. Hence, to avoid poor execution, slow test turnaround, or excessive costs in the software's lifecycle, companies are relying more on testing services, thereby increasing the adoption of outsourced software testing services.
For more information visit http://www.researchandmarkets.com/research/t8mzc5/global_outsourced
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