Know all about the IT sector of Bangalore aka Silicon Valley of India
Once known for its lush farmland, Bangalore has become a haven for IT giants, employing professionals from all corners of the globe. The information revolution took place when in 1970, the state government demarcated most of the land outside the city to install the Electronic City. However, those were days before liberalization and taxes were also high. The sector received a boost when an Indian company, Infosys, was established in 1981, and at the same time IBM also introduced its personal computer. However, the entire scenario of the IT landscape changed when Texas Instruments opened its facilities in the city, and the software export sector also multiplied. According to the report by industry body Assocham, the IT sector recorded the highest IT job creation in Bangalore in 2013.
electronics city
Located on the southern outskirts of Bangalore, Electronics City is an industrial park spread 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. Additionally, Infosys and Wipro are headquartered in Electronics City.
white field
Home to the International Tech Park Bangalore, 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 provides campus facilities to SAP, iGATE, GM, GE, Aviva, Shell, Symphony Teleca Corp and Tangoe. Flowserve, a 100% subsidiary of Flowserve Corp, has its manufacturing plant and research and development center located in the region. The presence of esteemed names in the sector has produced a good number of IT jobs in Bangalore.
The Bellandur-Marathahalli – The outer ring road cluster has the following companies, where there is no lack of good things IT jobs in Bangalore:
- Deloitte
- Accent
- Intel
- Aricent
- symbol
- Cadence
- cisco
- EMC Corporation
- Nokia
- National Instruments
- Honeywell
- Cummins ARM
- JPMorgan Chase
- Oracle
- CMG logic
- business objects
- Scale-free semiconductors
- capgemini
- Sony
- i2 technologies.
The Inner Ring Road cluster is home to the following businesses:
- dell
- Microsoft
- IBM
- yahoo
- netapp
- mcafee
- fulcrum point
- Fidelity
- ANZ
- LG
- CCS
- synergy
- PSI data
- Goal
- misys
- dendrite
- sasken
- Sanyo LPG
- OpenSilicon
- xora
- lenovo
- Apostek
Located in CV Raman Nagar, the Bagmane Tech Park is home to the following companies:
- Oracle Corporation
- Motorola
- Texas Instruments
- Samsung
- novel
- dell
- SanDisk
- Competent
- return
Manyata Technological 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.
IT development is contributing an important part in 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 higher price. economically compared to developed nations. Mass hiring has become a common trend and companies are hiring millions of workers. The IT sector now produces around 2 lakh IT jobs in Bangalore, providing employment to more than 10 million people. With more than 500 companies offering administrative and outsourcing services, the IT industry is generating revenues of more than $17 billion a year. According to the latest annual ranking by Tholons consultancy, Bangalore is the most attractive IT/IT outsourcing destination in the world.
Remuneration
By working in the IT sector, 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 in order to attract impeccable talent, they offer 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 position of a SAP consultant would earn Rs 605,217 per year.