Newspaper: The Gioi Vi Tinh Online
August 25, 2008
This page is translated from orginal Vietnamese version.
LogiGear® Corporation reaffirmed Vietnam's potential as a center of excellence in the field of information technology at the press briefing on 22 August 2008 in Ho Chi Minh City.
According to LogiGear Vietnam CEO/President Nguyen Quoc Hung, software testing market is a niche segment within the ITO category with global market size estimated at US $6.1 billion dollars in 2005 (Gartner Group, 2005).
Software testing is an empirical investigation conducted to provide stakeholders with information about the quality of a software product or service in the context in which it is intended to operate. The intent of software testing is finding software bugs or errors to ensure optimum software performance for various industries.
The Vietnam market's viability is evaluated based on five metrics: cost of labor; workforce suitability; political & economic stability; government policies on business and intellectual property protection; and facility in English of its IT-related graduates and professionals.
LogiGear, a leader in software testing in the US, disclosed that though India is Asia's undisputed market leader of offshore services and China the leading challenger, Vietnam can offer fierce competition as a possible destination to become Asia's next possible tiger in the niche segment. Vietnam's edge is hinged on its skill-based approach that produces a workforce with advanced software testing and automation skills higher than those of China and India.
India's young software testing market which started around 2001 has an estimated total market size at US $ 1 billion (Meta Group). This industry has created an estimated total of 40,000 software testing professionals in 2008. Logigear's CEO Hung predicted, "Although Vietnam's software testing professionals is just equivalent to 15% of India's one, these 6,000 professionals in Vietnam will develop triple more and grow to 25,000 by the year 2011." LogiGear has also been expanding its operations in Vietnam since 2005 given the country's strong fundamentals favorable to being an offshore outsourcing destination. The company has been investing in doubling its workforce from the current 400 to 800 in 2009 while setting up another facility in central Vietnam, on top of its headquarters in Ho Chi Minh City.
Established in California's Silicon Valley in 1994, LogiGear Corporation provides global solutions for software testing, and offers public and corporate software testing training programs worldwide through LogiGear University.