Today: May 30, 2016, 12:43 pm

Global telecom software testing market: 8% CAGR between 2012-2016
Global Software Testing Services Market in Telecom Sector 2012-2016 - a new market research report on 2014-03-05 09:15:03
The Global Software Testing Services market in the Telecom sector is to grow at a CAGR of 7.67 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased availability of testing applications. The Global Software Testing Services market in the Telecom sector has also been witnessing a shifting focus toward cloud-based testing. However, the difficulty of intellectual property protection could pose a challenge to the growth of this market.

Crowdsourcing involves outsourcing a testing task to a group of people and leveraging their knowledge, awareness, and access to the technology. The basic concept of crowdsourcing is that it makes use of the combined intellect of a group of people to complete business-related tasks that a company would have either carried out in-house or outsourced to a third-party service provider. This disseminated problem-solving model works for testing certain software products such as web pages or mobile apps, where a group of people are invited to test web pages or mobile apps to expose loopholes and recommend new ideas and concepts. Major IT giants such as Microsoft have been using crowdsourcing for some time. The advancements in the present technology have made it possible to enlist numerous non-technical people to perform complex and innovative tasks at a considerably reduced cost. This trend is expected to continue during the forecast period.

The higher return on investment is one of the major drivers in the Global Software Testing Services Market in the Telecom Sector. The contracting of software testing services to a third party has proved beneficial for firms that have already outsourced product development or software development processes. When it comes to outsourcing a software testing service, cost saving is not the only major benefit. The return on investment for an outsourced software testing process saves time by reducing the amount of work for the client, provides domain expertise at reduced cost, and reduces the overall maintenance cost.

The key vendors dominating this space are Accenture plc, Amdocs Ltd., HP Co., and IBM Corp. The other vendors mentioned in the report are Tech Mahindra Ltd., Cap Gemini - Sogeti, TCS Ltd., Wipro Ltd., Cognizant Technology Solutions Corp., and Infosys Ltd.

Click for report details: ..

Browse all Information Technology Market Research Reports ..

Browse all Information Technology Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 572 Words
Related Articles
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.