{"id":581,"date":"2014-05-23T15:13:08","date_gmt":"2014-05-23T15:13:08","guid":{"rendered":"http:\/\/www.ceo-worldwide.com\/blog\/?p=581"},"modified":"2025-02-12T05:45:29","modified_gmt":"2025-02-12T05:45:29","slug":"case-study-swiss-indian-software-development","status":"publish","type":"post","link":"https:\/\/www.ceo-worldwide.com\/blog\/case-study-swiss-indian-software-development\/","title":{"rendered":"Swiss-Indian Software Development"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"swiss-indian-co-operation-in-the-area-of-offshore-software-development\">Swiss-Indian Co-operation in the Area of Offshore Software Development<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In the mid 1990s, large corporations in Europe and the USA realized there was a huge lack of skilled software engineers. The need to solve the Y2K problem within a short timeframe, combined with unsuccessful education policies of the respective governments were two of the major causes for the increased demand. In addition, the gaining impetus of globalization produced a common management dogma:<br><br>\u201eSpeed up at high tech but low cost, and grow along large scales.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also Subcom of the erstwhile National Transport Group (NT Group) followed this trend. To quote a senior manager\u2019s public presentation: \u201cThe Customer is demanding more, faster and at better prices while Subcom is struggling to recruit specialists in reasonable time to satisfy this demand.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The demand was met with supply from India, where it was mainly the private sector which promoted its capabilities. The Indian suppliers offered their \u00a0services with a high sense for customer satisfaction and very attractive pricing (supposedly \u00a0up \u00a0to \u00a060% cheaper than in the client\u2019s economies). The offered know-how was said to be mature \u00a0and \u00a0readily \u00a0available.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Subcom\u2019s strategy to overcome its \u00a0resourcing \u00a0problems was to enter a strategic co-operation with \u00a0a newly formed company called Indian Software Services Company (ISSC). In 1999, a \u00a0frame \u00a0agreement \u2018for the provision of computers services\u2019 was signed, followed by a MOU \u00a0(memorandum \u00a0of \u00a0understanding) on the formation of a joint-venture and, subsequently, a business co-operation agreement. The joint-venture agreement was signed in the year 2000, through which ISSC was to hold a block of shares of 60%, \u00a0and \u00a0Subcom \u00a040%.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" data-src=\"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/06\/63159.jpg?w=1200&#038;ssl=1\" alt=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">About the Author: Waseem Hussain is the Founder &amp; CEO of a services company with a specialization on <a href=\"https:\/\/www.ceo-worldwide.com\/blog\/indias-competitive-executive-talent-pool-strategies-for-successful-executive-recruitment\/\" target=\"_blank\" rel=\"noreferrer noopener\">business with India<\/a>. Before, he was the business manager of a globally operating outsourcing company, after heading a joint venture between a Swiss and an Indian software development company. His key strengths are quickly grasping the clients\u2019 situation, crafting executable strategies and implementing steps towards success. <a href=\"https:\/\/www.ceo-worldwide.com\/executive-profile.php?iman=63159\" target=\"_blank\" rel=\"noreferrer noopener\">View his short bio<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiss-Indian Co-operation in the Area of Offshore Software Development In the mid 1990s, large corporations in Europe and the USA realized there was a huge lack of skilled software engineers. The need to solve the Y2K problem within a short timeframe, combined with unsuccessful education policies of the respective governments were two of the major &#8230; <a title=\"Swiss-Indian Software Development\" class=\"read-more\" href=\"https:\/\/www.ceo-worldwide.com\/blog\/case-study-swiss-indian-software-development\/\" aria-label=\"Read more about Swiss-Indian Software Development\">Read more<\/a><\/p>\n","protected":false},"author":13,"featured_media":5305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[48,68,122],"ppma_author":[669],"class_list":["post-581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-development","tag-india","tag-it","tag-software"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2024\/05\/2156083.jpg?fit=1280%2C666&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p7XjMV-9n","jetpack-related-posts":[{"id":794,"url":"https:\/\/www.ceo-worldwide.com\/blog\/negotiating-and-mastering-indian-market\/","url_meta":{"origin":581,"position":0},"title":"Negotiating and Mastering the Indian Market","author":"Waseem Hussain","date":"","format":false,"excerpt":"Some sources have put India on track to be the third largest economy in the world by 2035 (behind only the United States and China). 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Over that timespan (nearly 30 years now) we've seen patterns emerge - patterns of success, and patterns of failure. One developing pattern that is easy to see is the\u2026","rel":"","context":"In &quot;Business Development&quot;","block_context":{"text":"Business Development","link":"https:\/\/www.ceo-worldwide.com\/blog\/category\/business-development\/"},"img":{"alt_text":"timelapse photo of train","src":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2014\/11\/pexels-photo-904272.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2014\/11\/pexels-photo-904272.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2014\/11\/pexels-photo-904272.jpeg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2014\/11\/pexels-photo-904272.jpeg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2014\/11\/pexels-photo-904272.jpeg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":634,"url":"https:\/\/www.ceo-worldwide.com\/blog\/business-expansion\/","url_meta":{"origin":581,"position":2},"title":"Business Expansion","author":"Waseem Hussain","date":"","format":false,"excerpt":"Napoleon's Big Mistake \u2013 and how you can avoid repeating it Napoleon Bonaparte, Emperor of France and military genius, was one of the most brilliant leaders that the world has ever seen. 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