NewswireToday - /newswire/ -
Delhi, New Delhi, India, 2006/11/22 - Software development is no more a monopoly of Microsoft. The software titan is cooperating with Chinese enterprises to make the world technologically advanced..
In Beijing, Microsoft proclaimed that it has approved two Chinese firms, Hu’nan Talkweb Information systems and Shenzhen Comtech, to use their mobile visual optimization technology, individualized facial cartoon picture technology and mobile picture technology. Microsoft Research Asia (MSR) has developed these technologies. This is Microsoft’s first cooperation with Chinese firms since the induction of its patent technology cooperation program in 2005.
Microsoft’s motive behind this move is to introduce the global enterprises to innovative technology to expedite the development of these enterprises. By doing this, Microsoft wants to promote the growth of software industry globally.
Dr. Zhang Yaqin, Vice-president, Microsoft and President, Microsoft’s China Research and Development Group, said that implementation of this cooperation program in China has extended the growth realms of Microsoft and local economy. Also, it is the beginning of an era of cooperation and progression between local IT enterprises and Microsoft.
In the views of Research Analyst at RNCOS, who has recently researched a report on “Opportunities in Chinese Software Industry (2007)”, the investment being made by Microsoft in China will not only augment the economy but will also lead to the growth of software industry and IT sector. Overall, it is estimated that the Chinese Software Market size would reach around US$ 57 Billion by the end of 2006, and thereafter, it is projected to grow with a CAGR of around 30% till 2010.
The research report on “Opportunities in Chinese Software Industry (2007)” addresses the issues and facts that are critical to your success, like
- Factors driving change in the market
- China’s position in Software outsourcing
- Piracy rates in the software market
- Market performance trends
- Government policies for software industry
- Competitive environment and market leaders
- Key Challenges and strategies in the market
- Future outlook of the market
The report analyses the present development trends in the Chinese software industry. It identifies and examines the factors that may play a crucial role in country’s software industry growth.
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.