Bangalore is also known as the Silicon Valley of India because some of the biggest IT companies are running their operations here, and many IT companies from abroad have opened up their branch offices in this city. In 2021, the city reported that its IT experts were worth 53 billion dollars. It was called Garden City and Pensioner’s Paradise, prior to labeled as an IT Hub. There are many reasons behind this boom, the primary being that it has a skilled workforce, with a major portion of IT professionals coming from here, and a cosmopolitan environment that has created an environment for this industry to grow.
There are so many start-ups flourishing all across the city, as it has an environment that fosters entrepreneurship. In addition to IT companies like Infosys and Wipro that laid the foundation for the city’s IT growth, it was also many such start-ups that became the Bangalore’s means for rapid IT sector development. With a collaborative culture and many platforms through which knowledge can be shared, HR has resulted in leading advancements in the IT industry here. You can find such a lot of innovation, and there are many groundbreaking ideas that have been implemented that have set the IT sector here apart from other cities across the country.
The period from 1992 to 2000 experienced IT sector growth due to outsourcing, while the Y2K problem caused growth in the IT offshore industry. With the software technology park scheme and the telecom sector opening, the IT sector experienced boom and diversity. In the period between 2001 and 2010, the offshore market became more mature, and worldwide recognition for the city began spreading rapidly. As a result, many Fortune 500 companies and IT MNCs have set up their bases in it. The period between 2011 and now has seen the emergency of many start-up companies bringing in money from their revenues.
How is it that Bangalore has a very skilled workforce that never stops generating? It is the presence of educational institutions like the Indian Institute of Science (IISc) and the Indian Institutes of Technology (IITs) that churn out hundreds of researchers and talented graduates every year that has given the city such a solid base in technical know-how and the discovery of new technologies. The graduates from these key institutions and other well-known colleges and universities bring an enormous pool of talent into the city, who are employed in numerous IT jobs and its related fields as well. In addition to the best educational institutions, there is an environment here that emphasizes self-learning and upgrading knowledge, which makes people here constantly in search of knowledge, and they make themselves awe of the latest skills in their field of specialization.
WIPRO – During the late 1970’s and early 1980’s, Wipro entered the IT sector and, in the course of the80’s became a leading IT company. By 1999, it was listed on the New York Stock Exchange, and in 2004, it became the second company in India to have an annual income of one billion US dollars. It also has a non-IT business wing called Wipro Enterprises, which was established in 2012.
INFOSYS – In 1981, Infosys was started by seven engineers and provided IT services. After a period of eleven years, it became a public limited company. Its continued success in the IT field led it to get listed on the Nasdaq Stock Exchange in 1999, and in 2017, it had revenue of $10 billion. The Infosys training institute can train thousands of individuals on different types of technologies at a time, thus enabling the creation of a strong, skilled workforce that can enormously enhance work productivity.
TCS – Initiated by J.R.D. Tata in 1968, Tata Consultancy Services (TCS) made its first landmark in the IT sector when it set up a software research and development centre in 1980. It facilitated easy management of the Y2K issue and began offering a decision support system towards the end of 1999. In 2005, it became a publicly listed company, and in 2008, its e-business activities started to bring in significant returns to the tune of 500 million dollars. In 2019, it won the American Business Awards, and by 2021, its operations will be running in 46 different countries.
One of the main reasons why Bangalore was able to develop into such a large IT sector base is its digital infrastructure. It has all the necessary environmental and infrastructural aspects in place for IT to grow and develop. Its many data centres, high-speed internet connectivity, and its tech parks, such as the Manyata Tech Park and the Electronic City, guarantee that it will always show rapid development in the IT field and will always be moving forward, generating income like none other in the country.
Bangalore enjoys good connectivity with the rest of the country through roads and railways. It is also connected to key metropolises across the country through daily flights. Weekly international flights arrive and depart from this airport to various key global locations.
Bangalore is a city that is known for its immense natural beauty and lush green parks. In course of time with the IT sector becoming important in the west, it gained supremacy in this field with the development and growth of Large, Medium and Small IT companies. they brought in advanced technology by discovering and innovating in this sector thus earning the name silicon valley and also gaining a reputation across the world for creating immense IT growth and revenue for the country.
Enter Your Information