Pakistan IT Industry
July 8, 2008
Jawwad farid of Alchemya posted about quite an interesting study regarding the Pakistan IT industry. According to this study the size of the industry is around $2 Billion with most firms experiencing a growth of around 30%.
Some other interesting bits from this study are:
- 13 of these companaies have annual revenues of more than $10 Million.
- 58% of exports go to USA.
- Pakistan ranks 74th out of 159 countries in the “ease of doing business”.
I personally think that these revenue numbers are understated. They definitely don’t take into account the individuals/freelancers working for thousands of offshore clients through portals like oDesk, elance, Getafreelancer.com and personal referrals.
This report is published by P@SHA.
Entry Filed under: Pakistan & Technology. Tags: Exports, Pakistan IT Industry, PASHA.
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