Business

Learn all about the IT sector of Bangalore, also known as Silicon Valley of India

Once known for its lush farmland, Bangalore has become a haven for information technology giants, employing professionals from all corners of the world. The information technology revolution took place when, in 1970, the state government demarcated most of the land outside the city to establish the Electronic City. However, these were pre-liberalization days and taxes were also high. The sector received a boost when an Indian company, Infosys, was created in 1981 and, at the same time, IBM also introduced its personal computer. However, the whole scene of the IT scene changed when Texas Instruments opened its facilities in the city, and the software export sector also multiplied. According to the report by the industry body Assocham, the IT sector had reported the highest IT job creation in Bangalore in 2013.

Electronic City

Located on the southern outskirts of Bangalore, Electronics City is an industrial park that spreads over 330 acres. Established in 1978. There are several prominent companies that are established in the cluster. 3M, Hewlett Packard and Siemens are the main customers in this city. In addition, Infosys and Wipro are based in Electronics City.

White field

Home to the Bangalore International Technology Park, the Whitefield cluster was the result of the joint venture between Singapore and India in 1994. It is a large facility, housing 8 buildings: Discoverer, Innovator, Creator, Explorer, Inventor, Navigator and Voyager . along with the construction of a TCS. Whitefield is providing campus facilities to SAP, iGATE, GM, GE, Aviva, Shell, Symphony Teleca Corp and Tangoe. Flowserve, a 100% subsidiary of Flowserve Corp, has its manufacturing facility and R&D center located in the region. The presence of esteemed names in the sector has generated a good number of IT jobs in Bangalore.

The Bellandur – Marathahalli – The Outer Ring Road cluster has the following companies, where there is no shortage of good IT jobs in Bangalore:

  1. Deloitte

  2. Accenture

  3. Intel

  4. Aricent

  5. Symbol

  6. Cadence

  7. Cisco

  8. EMC Corporation

  9. Nokia

  10. National Instruments

  11. Honeywell

  12. ARM Cummins

  13. JPMorgan Chase

  14. Oracle

  15. CMG logic

  16. Business objects

  17. Freescale semiconductors

  18. Capgemini

  19. Sony

  20. Technologies i2.

The Inner Ring Road Group houses the following companies:

  1. Dell

  2. Microsoft

  3. IBM

  4. Yahoo!

  5. NetApp

  6. Mcafee

  7. Point of support

  8. Fidelity

  9. ANZ

  10. LG

  11. CSC

  12. synergy

  13. PSI data

  14. objective

  15. Misys

  16. Dendrite

  17. Sasken

  18. BPL Sanyo

  19. OpenSilicon

  20. Xora

  21. Lenovo

  22. Apostek

Located at CV Raman Nagar, Bagmane Tech Park is home to the following companies:

  1. Oracle Corporation

  2. Motorola

  3. Texas Instruments

  4. Samsung

  5. Novell

  6. Dell

  7. SanDisk

  8. Recognizing

  9. Volvo

Manyata Technology Park It is the special economic zone where many multinational companies have opened their offices. It includes companies such as Cognizant Technology, Nokia Siemens, IBM, Philips, and Samsung.

The development of information technologies is contributing significantly to the economy of the city, making it an ideal destination to invest. The generation of a good number of IT jobs in Bangalore is due to the fact that companies here enjoy a huge cost advantage: an English-speaking population and a highly educated workforce that is available at a much cheaper price in compared to developed nations. Mass hiring has become a common trend and companies are hiring millions of workers. The information technology sector now produces around 2 lakh of information technology jobs in Bangalore, employing more than 10 million people. With more than 500 companies offering back office and outsourcing services, the IT sector here generates more than $ 17 billion in revenue in one year. According to the latest annual ranking from Tholons consultancy, Bangalore is the most attractive IT / IT outsourcing destination in the world.

Remuneration

By working in the IT industry, you can earn good salary packages along with additional benefits. As most of the big national and international companies are located in the city, and to attract impeccable talent, they are offering rich salary packages along with interesting benefits. To get a clear idea, we will consider the common IT job profiles present in Bangalore. As a senior software engineer, you can earn Rs 713,236 per year, while as a software developer, your package could be Rs 392,270 per year. The Senior Technical Consultant position would help him earn Rs 1,025,889 per year. The SAP consultant position would generate income of Rs 605,217 per year.

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