ADM
of development and strategy. Application development companies are focused to help subscribers realize the potential of rapidly evolving mobile technologies.”
Application Maintenance and Testing All application products need sufficient maintenance and both–investors and developers tend to heavily focus on it. There has been a lot of innovation in ADM space and several maintenance tools and processes have evolved which enhanced the maintenance phase which in turn translates the overall quality of the application. The market for discrete application maintenance worldwide is expected to experience solid growth as cloud and mobility drive next phase of evolution, according to a latest report from IDC research. IDC estimates that global maintenance and testing services spending reached $9.4 B in 2010, with projections for worldwide growth
GlobalServices
estimated at a five-year compound annual growth rate (CAGR) of 15.4% through 2015. While the U.S. has led other regions in adoption of maintenance services, in terms of both traditional and newer cloud-based maintenance services, there is an increase in regional interest and adoption of these services in Canada, Latin America, Western Europe, and parts of Asia-Pacific. Independent maintenance and testing for applications is growing at 40 to 50 percent globally and with expected growth of about 35 to 40 percent in offshore locations. While various industry report forecast various geographies to evolve as major ADM locations. India has grown to become the largest destination for outsourcing of software maintenance and testing services, accounting for 32 percent of the total global ADM outsourcing share. The application maintenance industry for India is growing, export revenues and the number of employees have doubled over the last four years in domestic space which is projected to cross $1.5B by 2020. It’s quite interesting to note that, US alone spends a
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