Pakistan IT Industry Overview

Here is the latest teledensity data from ITU :

Both Pakistan (50/100) and Bhutan (37/100) are ahead of India (29/100) in mobile. India might soon be overtaken by Afghanistan (29/100) and even Bangladesh (28/100).

Of course, the fact that Afghanistan is ahead of Bangladesh in mobile penetration should cause all sorts of palpitations in government offices in Dhaka.

Bangladesh was one of the earliest in South Asia to adopt mobile and is the most densely populated country in the world. How they were overtaken by Afghanistan, a war-torn country with difficult terrain, should cause serious re-examination of policies such as the BDT 800 SIM tax. The fact that Afghanistan’s CAGR for 2003-08 is 109%, higher than Bangladesh’s 2003-08 CAGR of 101%, suggests that the gap between the two countries is more likely to increase than decrease.

So again wats the point in all this....everyone knows the poor people thing.....that bbc article is not new news.....whats all this got to do with Netsol being like another roadside shop in India....

Here's a story about the tale of two India' on the BBC South Asia website:

Bangalore is an Indian city where hi-tech and crippling poverty live side by side.

As the rate of development in Bangalore gathers pace, some fear that the many impoverished communities that also call the city home may be left behind.

Since the liberalization of the Indian economy in the 1990s, the Indian tech sector has expanded rapidly.

The major players - including Microsoft, Infosys, Cisco and Google - exist in enormous "tech parks" crammed with tall, shiny office buildings.

Meanwhile on the same block, piles of rotting rubbish, beggars and stray dogs surround traffic that is heavy with pollution and often locked in a loud and aggressive jam.

Contrast in this city is not new; the levels of poverty are growing faster than the tech industry as migrant workers from other states join the population to aid the development.

There are concerns that this impoverished population could be left behind in the city of the future, unless big businesses acknowledge that the local infrastructure is under a great deal of pressure.

Ethical business offline

Many foreign businesses have set up outsourcing hubs in Bangalore and beyond - India is a leader in this type of business.

Meanwhile non-governmental organizations and aid workers struggle to support the poorer aspects of society, and many believe that big businesses could have a more influential hand in helping those who are not doing so well out of the tech boom.

Azim Premji is the chairman of Wipro, one of the largest companies in India. He recognized the issues of his local communities and created the Azim Premji foundation.

It is a separate venture to his corporation and privately funded. It addresses methods of education in the hope that supporting youth will mean creating a better society in the long run.

Mr Riaz....

From Pakistan Link: http://pakistanlink.com/Community/2009/Oct09/23/01.HTM

Anaheim , CA : NetSol Technologies has earned the singular distinction of being invited to ring the bell for the third time on NASDAQ stock exchange in recognition of its ten-year listing. Mr. Najeeb Ghauri, NetSol Chairman and CEO, will host the NASDAQ New York Op.....


What does that lengthy PR stuff from Pakistani websites got to do with this.....Why do you insult the Intelligence of urself and rest of us..

Watver u told us in that it is gr8 4m a Pakistani pt of view....cos ur achievements are non existing....but wat was the pt in putting it here....

After all NetSol is a

1.19
-0 .02 (-1.65%)
Oct 21 - Close
NASDAQ real-time data - Disclaimer

1. Range 1.11 - 1.23
2. 52 week 0.21 - 1.75
3. Open 1.20
4. Vol / Avg. 204,446.00/276,000.00
5. Mkt cap 39.45M


Mkt CAP 39.45M.... In India there are 100 such companies in every city....

So it wd have been better if talked of how Pakistan has done from limited resources u got.....instead of lionizing small and insignificant achievements...

In another M&A news involving NEDian and Wichorus founder Rehan Jalil, U.S. network equipment maker Tellabs Inc (TLAB.O) said on Thursday that it planned to buy wireless infrastructure gear manufacturer WiChorus for $165 million to bolster its next-generation wireless technology and take advantage of growing smartphone sales.

The move comes on the heels of an announcement by industry leader Cisco Systems Inc (CSCO.O) that it would acquire wireless gear maker Starent, a much bigger rival to privately owned WiChorus, for $2.9 billion. More deals are expected to follow.

WiChorus specializes in 3G and 4G infrastructure products, which support advanced mobile services including Internet access and mobile TV.

Wichorus maintains a development center in Karachi, Pakistan.

From Pakistan Link: http://pakistanlink.com/Community/2009/Oct09/23/01.HTM

Anaheim , CA : NetSol Technologies has earned the singular distinction of being invited to ring the bell for the third time on NASDAQ stock exchange in recognition of its ten-year listing. Mr. Najeeb Ghauri, NetSol Chairman and CEO, will host the NASDAQ New York Opening Bell Ringing Ceremony at the NASDAQ MarketSite in New York's Times Square on November 3.

The ceremony will begin at 9:15 a.m. A Senior Executive from NASDAQ OMX will deliver an official welcome message that will be followed by a speech by Mr. Ghauri. The opening bell ringing will take place at 9:30 a.m.

Mr. Ghauri will also present at the Borse Dubai International Investor Conference in New York on November 2 nd & 3 rd, 2009. The event is sponsored by Dubai Financial Market and Nasdaq Dubai in cooperation with Citi Global Markets (Citi) and Goldman Sachs.

“I am very humbled as I might be the only Pakistani American to ring the bell not once but a third time. I recollect only PM Shaukat Aziz doing an opening bell ceremony in 2006 at NYSE,” says a beaming Najeeb Ghauri. He is happy his successes have not been confined to global IT developments but have begun to impact IT growth in Pakistan as well. With a winsome smile, the dashing Pakistani-American entrepreneur mentions that NetSol today is Pakistan’s largest IT services company and a major services contractor to various government organizations in the country.

NetSol Technologies Corporate Highlights

NetSol Technologies is a multinational provider of global business services and enterprise application solutions. The company’s primary offerings include:

NetSol Financial Suite (NFS)

NetSol Financial Suite (NFS) provides comprehensive, custom solutions for credit, lease and loan accounting, fleet management, and wholesale finance needs. NFS includes the products Evolve, LeasePak, and LeaseSoft. NFS is a complete lifecycle lease and loan portfolio management solution, with features and functionality that cover the range of leasing and finance sectors.

BestShoring IT Services

NetSol's Global Business Services (GBS) offerings are enhanced with its proven BestShoring™ business model, which draws upon an extensive team of cross-functional subject matter and domain expertise deployed around the world. Bestshoring™ leverages global engineering resources with project management by local domain experts. Every member of the global network is part of the NetSol family, speaks the same language, and is fully empowered to communicate, collaborate, and participate in client projects.

NetSol’s campus in Lahore employs more than 750 IT professionals and has earned ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by roughly 100 companies worldwide. These achievements are a result of NetSol's processes and products conforming to rigorous quality standards, resulting in the efficient delivery of secure and reliable solutions.

With operations in seven countries around the world, NetSol is proud of its status as a dual-listed public company on the NASDAQ OMX and NASDAQ Dubai stock exchanges and was the first US listed company to dual list on these two exchanges. NetSol’s majority-owned subsidiary in Pakistan is also publicly traded on the Karachi Stock Exchange (KSE: NETSOL).

Najeeb Ghauri

Founder, Chairman & Chief Executive Officer

Najeeb Ghauri is Chairman of the Board of Directors and CEO of NetSol Technologies, Inc. In the early years of the Company, Mr. Ghauri was responsible for restructuring the company's business model into that of an IT company and was instrumental in the completion of the NetSol Technologies IPO in 1998. He also spearheaded the successful listing of NetSol (NTWK) on the Nasdaq Capital Market (formerly known as Nasdaq Small Cap) in December 1999. At the time of its IPO, NetSol was the first IT company originated from Pakistan to be listed on Nasdaq. NetSol grew from just five people to almost 1000 in 2009 and grew from $100K revenue in 1998 to $37MN in 2008. Today, NetSol has nearly 200 customers worldwide and offices in 6 countries.

Mr. Ghauri was influential in listing NetSol’s Pakistani subsidiary on the Karachi Stock Exchange (KSE). In addition, Mr. Ghauri helped establish the first US Company listed on both Nasdaq Capital Market (NASDAQ CM: NTWK) and Dubai stock exchange (NASDAQ DUBAI: NTWK).

Note: Pakistani-American and NEDian Raghib Hussain has also rung the bell at NASDAQ. His company, Cavium Networks (CAVM), is listed on NASDAQ.

Riaz mian:

I eat my words on TCS numbers. My points are valid against your Afeemchi numbers. Now show your honesty, please.

Here's some data from US Bureau of Labor Statistics (BLS) about programmers in America:

* Almost 8 out of 10 computer programmers held an associate’s degree or higher in 2006; nearly half held a bachelor’s degree, and 2 out of 10 held a graduate degree.
* Employment of computer programmers is expected to decline by four percent through 2016.
* Job prospects will be best for applicants with a bachelor’s degree and experience with a variety of programming languages and tools.

http://www.bls.gov/oco/ocos110.htm

The IT industry does not employ just programmers. There are many technicians and operators employed in the IT industry to perform various system/network administration, maintenance and basic development tasks who have two-year associate degrees from junior colleges.

Regarding Pakistan: In addition to about 10,000 engineers with 4-year degrees, Pakistan also produces at least 25,000 polytechnic inst graduates with three year diplomas (according to recent news in the Nation newspaper) who have less than 4 years of college.

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-onlin e/Regional/Lahore/01-Sep-2009/015m-get-admission-in-polytechnic-institutes

These graduates are quite capable of working in the IT industry and many do.

Riaz - the interacts make a fun read! As they say-truth does not need a lot of backing up...it sticks. Well done, and ignore the idiots!

It's clear that the great old Indian sage of Chowk has made a mistake and he is now trying his utmost to defend his position. I believe the wise man from HBS has picked up the quarterly revenue number from the TCS website. That is causing his per employee figure of $10,000 for TCS to be about a quarter of what is reported by Gartner.

Let's hope he can accept his inadvertent error to dig his way out of his entrenched position that he is defending by making up all sorts of other stuff.

nkg

Riaz bhai is insinuating that Since only 4 year Engg grds are working in IT then Indians must be real software coolies cos all the work done in India is suitable for a +2 guy.

I dont no wat kind of genius Riaz Bhai has seen in Pakistan.

As Anil was saying even Netsol, the biggest company in Pak is bank rolled by stupid Saudis and it has a call center in Philipines. So what it is doing in Pakiland.

If Netsol had to go to Philipines to open a Call center... it tells something about Pakistan not having few english speaking ppl to staff a call center..Then it lays bare all the future for Pak IT industry.....

With tons of Saudi Oil Money freely available...with Saudis nt known for their Investment skills... You Pakis have such a strong enviable base to build ur economy on but still the whole country must be really stupid. Do people go to colleges in Pak land or only Jihadi schools...

With Pak being such a small country with very limited talent pool it doesnt take much of Saudi money to bank roll anything....even then u guys have nothing to show after 60 years.
pak could have been Agri,Industry,HR,services base for all of Oil rich arab countries with out worrying abt compitiion since ur Muslim and they are Muslim and we know how business works in ur part of the world.
But all managed was cheap labor supplier to Arabs. Even u coudnt compete with Indians in this.

riaz haq...
2/3 year diploma (Not degree awarded by University) course holders are not recruited by any of the IT companies...

Have you tried to find mosnter.com to find out what is the minimum educational qualification NASSCOM prescribes for freshers to be recruited into a company?

bhs75:

I am trying to points:

1. Billable hour rates are different than true employee number. Only a fraction of the talent pool is billable, the rest needs to be loaded and that drags down productivity numbers.

2. Classical revenue model, India has followed (dollars for hours of coding) is passe. $2.8 billion and 100,000 engineers Riaz quotes is following this revenue model, and his numbers are unreal.

3. NetSol as I recall is more like an investment company. It is not like TCS, WIPRO etc. I am certain Riaz being in Silicon Valley, knows it, just as I know it. These very smart entrepreneurs came up with a clever model and were able to raise money in Dubai. If I recall bulk of their income is from call centers in the Philippine. They even looked at India too.

4. Riaz mian should do his diligence rather than start calling bigoted and insult someone's educational institution. Masadi does that, but that does not win arguments.

Riaz mian wat was the need here to bring in graduate numbers... That duke report was old shit that was in news last year. All US/Indian/Chinese now abt that.... if you dont know cos ur Pakistani....and this is nt ur sphere.

Regarding Indian figures....please dont interpret with limited knowledge as the report is nt comprehensive and doest intend to also. I think that was a news report. You can download full paper from the Duke website.

50% of those are not 2 year degrees in India. why do you disrespect the space provided by chowk . The 50% are Polytechnic techical courses which are 3/4 year technical courses.Ditto with China...

Abt the report, it was American media that drummed up Indian, Chinese...engine....bla bla...It was American University that dispelled the myth.... India and Chinese govt always counted their grads in that manner from ages.

That 2 year thing was master stroke...Just because you wanted to say smthn negative you cannot brag watevr u want. How can a high school 2 year degree be counted as graduate degree..

Note:: That paper was published by Indian Professor with help from Indian Students.... More Bad news to you.....

Good for you, Riaz mian. I am happy someone ardently believes in your numbers. Billable hours is what these studies quote, FYI. Also, it may sound bragging, but I was instrumental in getting WIPRO key technologies and distribution rights when they were only $3m - $6m software company in late 80s. Premji and Soota (now Chairman Mindtree) will tell you.

Chinese numbers are even lower. It will beat India by creating leverage through newer business models.

The game is over for the classical revenue model. A couple of years ago, Sri Lanka's largest publicly traded company asked me to help define strategy for their entry into IT. The capital and talent needed was very substantial, Boston Consulting Group endorsed what I came up. At that time I had looked at the talent pool in Pakistan also. Recall only 25% is at par with International level. For 20,000 to be productive at the level you claim, Pakistan needs to crank out 80,000 per year.

Better strategies are needed.

Riaz mian wat was the need here to bring in graduate numbers... That duke report was old shit that was in news last year. All US/Indian/Chinese now abt that.... if you dont know cos ur Pakistani....and this is nt ur sphere.

Regarding Indian figures....please dont interpret with limited knowledge as the report is nt comprehensive and doest intend to also. I think that was a news report. You can download full paper from the Duke website.

50% of those are not 2 year degrees in India. why do you disrespect the space provided by chowk . The 50% are Polytechnic techical courses which are 3/4 year technical courses.Ditto with China...

Abt the report, it was American media that drummed up Indian, Chinese...engine....bla bla...It was American University that dispelled the myth.... India and Chinese govt always counted their grads in that manner from ages.

That 2 year thing was master stroke...Just because you wanted to say smthn negative you cannot brag watevr u want. How can a high school 2 year degree be counted as graduate degree..

Note:: That paper was published by Indian Professor with help from Indian Students.... More Bad news to you.....

#####So, for apples to apples comp, the number of India's engineering graduates is closer to the US's 70,000 engineering grads######


What an audacity!

Why are you such a shameless person who fudges data at he flick of finger - that also from your OWN SOURCES LIKE DUKE!


Anyway here is what YOUR DUKE PDF SAYS:


1) Bachelor’s Degrees: As Figure 1 shows, all three countries experienced growth in their output of engineering degrees at the bachelor’s level since the mid-1990s, with China’s being the most rapid. Since the late 1990s, the United States had a modest increase in bachelor’s degree output, from just over 103,000 in 1998–99 to more than 137,000 in 2003–04 before declining slightly to about 129,000 in 2005–06, a growth of nearly 25 percent since 1998–99. India’s expansion at the bachelor’s level was more rapid, with four-year degree holders in engineering, CS, and IT more than tripling in the last seven years, from just over 68,000 in 1998–99 to nearly 220,000 in 2005–06.

And what about India´s nearly 70,000 foreign students in US-UK-Canada-Australia doing post graduation studies?

That way India has apx 300,000 engineers per year!

At least learn to respect your own given statictics you cheat.

Anil, Netsol is no giant but they pay well, I know couple of guys who works there and they get paid really good comparing to the local market. for pakistan, the field is in the developing stage, I don't know what we are comparing here.

I also compared latest quarterly numbers for TCS, NetSol and my small little IT service company which in 2000 did what NetSol did in their latest quarter.

bhs sb,

Here's a piece that talks about how TCS, Infosys and Wipro try to hide their sweat shop practices:

Well you can fake your internal Employee Satisfaction survey, but an independent Survey is a big no no for Indian IT heavyweights like TCS,Infosys,Wipro and Microsoft India.

Well all the top names of Indian IT chose not to participate in the Annual Dataquest Best Employer survey citing recession as reason, admitting the fact that employees are unhappy with these companies. Every year these companies flaunt the Dataquest results internally and to media in a big way, but not to participate this year in itself shows the true nature of India’s top companies.

It is little childish to behave in this way considering that these companies talk so much about Employee improvement , transparency, Corporate Social Responsibility etc. It could well be that all these companies formed a syndicate to skip the annual survey.

Funny though TCS in its part showed a 1% improvement in its annual employee satisfaction survey Pulse 2009.

HCL on the other hand chose to participate and came on top of the charts followed by iGate , Rolta India,RMSI and SAS institute.

http://www.dexternights.com/2009/09/20/indian-it-biggies-chicken-out-of-data quest-best-employer-survey/

Riaz:

In your report did you use 2009 numbers, or numbers from Gartner etc.?

Let me know if your numbers are not real, NetSol on their website also have the numbers that I put here, just as TCS numbers.

Riaz Mian:

You need to understand the dynamics beind the numbers.

1. Which part are you disputing?
2. Does TCS web site say 143,000 employees?
3. Does TCS web site say $1.54 billion revenue?

There is no need to spin so badly. Take less afeem.

Here is the link to the Gartner's revenue per employee data on the IT services industry that includes TCS, Infosys, Wipro, IBM global services, EDS, Accenture, etc.

http://www.gartner.com/it/page.jsp?id=741012

Meenung:

These numbers are available for the annual reports of publicly traded companies. Some afeemchis thought they can cook numbers, and use our afeemchi at Chowk to paddle.

Applogize... it got accidentally posted when I was in the middle.

contd...

Pakistan's best company according to your post is NetSol. Last I recall they had call centers in the Phillipines. Their consulting revenue is about $26M.

What fills the missing gap of over $2.77 billion?

Name calling is not going to fill these. Even fraud of Satyam magnitude will neither.

PSEB is a Paki government institution involved in the twist and fudging of data!


While Reserve Bank of India used BPM 5 (Balance of Payment manual - fifth edition) a decade ago, it has graduated to new edition BPM 6 as per MSITS - Manual on Statistics of International Trade in Services.

UNSD-WTO-IMF-OECD-UNCTAD and other such big organisations are using the latest tools for better accountablity. MSITS needed to be updated (alongwith revision of SNA, CPC, BPM and ISIC) and it IS updated due to increased globalization – demand for more comprehensive and better integrated approach to statistical issues, needs of GATS which became effective in 1995.

The Balance of Payments Manual is a manual published by the IMF that provides accounting standards for balance of payments reporting and analysis for many countries. The Bureau of Economic Analysis adheres to this standard.
The sixth edition was released in prepublication form in December 2008.


If Pakistan is stuck with old version whose fault is this, while the world has moved on to better accounting modes.

Pakistan is not growing, its for people like you who dont question, criticise and doubt the society, while in India you find many doubting thomases.

Just go and visit the workshop on Statistics of International Trade in Service you grumble chacha. LOL

And yes, take away yr garbage elswhere to dump, it stinks to high heaven.....

Afeemchi mian:

I hope you are not reading challenged and read Tata Consulting web. Numbers are there, I simply went to TCS and got these numbers. There is no magic in getting employee productivity numbers.

The employee productivity for the organization is greatly affected, as an inventory is maintained (on the bench) for the talent that is not billable. This means that lowered productivity numbers means swelling bench and new recruits.

Also staff is at varying stages of training and productivity and is billed at different rates. Then if you have a growth rate, do a simple spread sheet and let the numbers do the talking.

Unlike you, I know what I am talking as I built and ran a profitable IT services business for six years in Silicon Valley.

Besides please do not play fast and loose to distract from your afeemchi numbers that you have penchant to shamelessly put and then contort yourself to defend. Pakistan's best company according to you



Are you sure you were what you claim you were?

Here's the link to the Duke Study on engineering grad comparison:

http://www.soc.duke.edu/GlobalEngineering/pdfs/media/FramingEngin eering/NewsObserver_TechOutlook.pdf

nkg,
Ignoring your usual bigotry against other faiths, here is the scoop on how the number of engineering grads is inflated in India:

The number of engineering graduates in India is highly inflated, and it includes both 4-yr and 2-yr degrees. While it is claimed that India graduates over 200, 000 engineers a year, a Duke study concluded that half of these are 2-year degrees.

So, for apples to apples comp, the number of India's engineering graduates is closer to the US's 70,000 engineering grads. And of course, the quality of US grads is much much higher because they graduate from some of the best schools in the world. Other than about 5000 grads from IITs , the rest of Indian grads are from second and third tier schools that bear no comparison to engineering schools in the developed world.

see this so called "proud" behavior can be a killer sometimes ...

This may englihten some views ...

http://www.ibtimes.co.in/articles/20090116/nortel-collapse-could-spe ll-doom-india-technology-industry.htm

For those of you curious about the HBS sage's calculation of $10,000 per employee at TCS, it is simply wrong. The actual number is closer to $50,000.00. In fact, the revenue per employee for the top Indian IT firms Wipro, Infosys and TCS ranges between $40,000 and $50,000 per employee per year...about $20 t0 $25 per hour per employee, according to Gartner.

So the average figure of $28000 per employee per year (or $14 an hour) is quite competitive for Pakistan's IT industry average. Probably the higher-end firms make more while others make less.

Riaq Haq...
"The other thing this Indian sage does not comprehend is that the IT industry uses a lot of people who do not necessarily have 4 or 6 year degrees. Many with 2-year college degrees are perfectly capable of writing code and doing other usual IT chores that the TCS types do....
"
If that winged creature (Gabriel) informed you this, then, like Korun, everything is untrue...or are you playing the role of Muhammed (bluffmaster) here?

At least 4 years of education is (BE/BTech or MSc/MCA/MBA after 10+2) absolute necessity for IT jobs in India...For call centres, it is different....

bhs75 sb,

Looks like you are enjoying the spectacle, too.

Name calling and attack on religion are a good sign that these bigots are losing it. Just watch them squirm about the cheap $5 an hour revenue at Tata (the claimed $10,000 per employee per year divided by 2000 hrs. in a year) by dropping names of perfectly respectable Pakistanis who I personally know.

What the HBS sage does not understand is that you increase revenue by not just adding more employees, but by enhancing productivity of each employee to get more revenue per employee.

The other thing this Indian sage does not comprehend is that the IT industry uses a lot of people who do not necessarily have 4 or 6 year degrees. Many with 2-year college degrees are perfectly capable of writing code and doing other usual IT chores that the TCS types do.

ditto riaz sb.

I had a hunch but reading some of the stuff ... (some & not all) indians do alot of day dreaming ... well ... as you were gentlemen !!!

Afeemchi Mian:

Kahtein hain "haath kagan ko aarsi kya, badhe likhe ko farsi kya".

You can get this data from Tata Consulting's website. Unless you want to believe in Afeemchi data.

What will you call LUMS vice chancellor and Safi? I hope you are not delusional to call the bigots also.

"$5 an hour revenue, they must be a very low-end sweat shop with a whole lot of cheap code coolies."

I no u like to rub it...after all wat use a Quran is if it cant even do atleast this to a person...

Anyway...from the figures Arjun provided in his Ilog and and the discussion here it is proved once again that Padna shadna Pakiyon ki bas ka baath nahein.....

Your fouding fathers new that fact and carved a black hole for all the beduins.... And the whole world has seen how capable Pakis are in War games... So in all Pakis are completely useless to the world and with Jihadi Revolution of Pakis all over the world....time has come to either bump off the country or convert them and enslave as the blacks have been in USA..

bhs75 sb,

Without saying a word about India or Indian IT in this post about Pakistan's IT industry, you can see how I have stirred up Indian band of bigots on Chowk. And you ain't seen nothing yet. The rest of them in India haven't woken up yet. But I think you'll see them pile in pretty soon.

Now let me respond to the HBS-trained wise sage of India as follows:

With TCS's $10,000 per employee revenue as claimed here, I must say that at less than $5 an hour revenue, they must be a very low-end sweat shop with a whole lot of cheap code coolies.

Riaz sb. ap jo b likh dalain, yeh log nahi manain gay :)

I had attended a meeting in 1999/2000 at Silicon Valley Bankers Club in San Jose. I believe vice chancellor of LUMS and Safi Qureshi (AST founder) attended. The number, vice chancellor had mentioned was 5,000 engineers per year. He was mentioning that it was just not possible for Pakistan to catch up and open new engineering colleges at the rate you are suggesting (15% CAGR).

Your afmichi numbers point to entire Pakistani IT industry to be three (3) times more productive than India's largest and most established company. Clearly their largest / best IT company (NetSol) will not have IT consulting revenue of $26M.

Get over your afeem ka sotta, Riaz and get real. I am shocked that you are who you claim you are, INTEL pioneer.

Riaz Mian:

Is NetSol not the company with operations in the Phillipines?

Their 2009 sales $26.5M (Q4/09 Rev = $3.8m)

My small IT consulting company in San Jose was doing over $3/Qtr in 2000. I had just about 120 engineers.

If NetSol is the best example, then what fills $2.764B ?

Tata Consultancy Services: Rev $1,540,000,000
Tata Consultancy Employees: 143,000
Productivity per employee: $10,769.23 per year


Afmichi's numbers: $2,800,000,000
In Employment: 100,000
Productivity: $28,000 per employee per year.

Itna nahi kholte hain, Raiz mian.

The total number of workers in Pakistan's IT industry is over 100,000, not 20,000. Read it again to see if you can pass the test on second try.

Riaz mian:

The same study put 20,000 IT workers in Pakistan. At $2.8B revenue. This is $140,000 per year per employee. $70 per hour.

You must be afeemchi to be believe these numbers from other afeemchis. Do you know per employee in India, and the U.S.? Reduce your obsession, or do better dilegence. This data is like your wheat consumption data.