Technology Research and Development in India

Gone are the days when India used to be viewed only as a major outsourcing destination for major American and European companies, who were looking for cost and workforce optimization strategies to boost their operational expenses. India is now no longer viewed as a "be all and end all", preferred back office destination.

The entire 2000s had Fortune 500 corporations setting up shops here and outsourcing large volumes of work such as customer service, technical support, accounting, payroll, medical transcription etc. The trend led to volumes of job loss in US and Europe and invoked a major backlash against India.

That was then. India has become more than a low cost location for services outsourcing. No longer is India perceived as a country full of technology professionals, willing to work for a fraction of his overseas counterpart. India is a hub of major technology research and development. It is now a preferred destination of high end computing research.

Organizations like Cisco, Oracle, Intel, Microsoft, Google, HP etc. all have their R&D centers are. Bangalore, the "Silicon Valley" of India, is home to Intel's 2nd largest R&D center in the world. The scientists and engineers have designed the world's fastest server processor, which would be a benchmark for server based computing. Microsoft, in Hyderabad, does cutting edge research in Web 2.0 technologies and development of forthcoming operating systems. Oracle India leads research in high end database design and cloud computing. Google India undertakes research in complex search optimization and data retrieval management. HP leads research space in imaging and device driver development.

Companies like GE, IBM, and the above mentioned ones have already started investing billions of dollars and have chalked out a 5-10 year plan on expanding their research base in India. This paradigm shift from outsourcing to R&D have brought a revolution in the research space and also cost optimization strategies.

India is home to world class technology schools like IITs, NITs, BITS, and DCE etc. Thus, they nurture thousands of bright young minds and give them the technical edge to either work with start ups or contribute to research in different fields at Fortune 500 companies. Analysts like Gartner, AT Kearney, KPMG, and Mercer etc. have predicted this R&D domain a fast growing area and India would be the biggest destination after USA for high end research in computing. India has already edged out Eastern Europe and China and is expected to only grow from here.

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