SOFTWARE DEVELOPMENT OUTSOURCING TO GROW IN 2011

Steady growth in outsourcing of software development in 2010 by Australian companies is in line with global trends according to Bali-based software company, Mitrais.

“In 2010 we were engaged by 32 new Australian clients,” Mitrais CEO David Magson said.

“This brings to more than 60 the number of Australian companies we undertook development projects for during the year. It represents good growth in the acceptance of outsourcing software development, even though growth is yet to return to the levels which preceded the global financial crisis,” Mr. Magson said.

He predicts growth will accelerate this year due to increasing shortages of IT staff and tighter budgets.

“Feedback from clients is that accurate estimates of projects, underpinned by excellent project management and coding, are pre-requisites to the market continuing to grow,” Mr. Magson said.

The preferred method of engaging Mitrais services in more than 50 percent of projects was seat outsourcing followed by time and materials engagements at 30 percent. In seat outsourcing Mitrais software engineers based in Bali are engaged and managed as an extension of the clients’ own Australian-based software development team.

Commenting on one project, the managing consultant for a large Australian software company said “the Mitrais team has mostly worked remotely from the project location, but despite this, very complex issues have been worked through successfully together.”

IT companies in Queensland and NSW account for 80 percent of new business secured by Mitrais during 2010.

Mr. Magson said the majority of these organizations sell an information system as part of offering broader solutions to specific vertical markets such as education, or mining for example. Others had immediate needs to upgrade legacy systems to improve how they managed their business processes as they emerged from the effects of the financial crisis.

About Mitrais

Mitrais was established in 2000 to achieve excellence in software development using Indonesia as a base of operations. Its objective is to be the leading near shore provider of application development services to the Australian IT industry and a significant player in other countries.Mitrais is a Microsoft Gold Certified developer, an Oracle Gold Partner and has also certified products in SAP NetWeaver. In 2004 the company entered the health industry, developing the Mitrais Medical Suite which it sells globally. In 2007 it absorbed Mincom Indoservices to extend its operations into the sale and support of mining software (in particular from Mincom) in Indonesia. With offices in Bali, Jakarta, Bandung, Singapore and Sydney, Mitrais has more than 100 clients and employs more than 300 staff. For further information visit www.mitrais.com