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The software industry in Karnataka state in India has become one of the main pillars of the state's economy. Karnataka stands first among all the states of India in terms of revenue generated from software exports, accounting for 42% share of all software exports from the country during the financial year of 2022-2023.
The industry was born in Mumbai in 1967 with the establishment of Tata Consultancy Services [11] who in 1977 partnered with Burroughs which began India's export of IT services. [12] The first software export zone, SEEPZ – the precursor to the modern-day IT park – was established in Mumbai in 1973. More than 80 percent of the country's ...
Free Software Movement Karnataka (FSMK) is a non-profit organization working for spreading free software [1] and its ideals. [2] The movement is inspired by software freedom visionaries like Richard Stallman and Eben Moglen. FSMK is one of the member organizations of Free Software Movement of India. [3]
Bengaluru, the capital city of the South Indian state of Karnataka, India. The economy of Bengaluru contributes over 43.65% to the economy of the State [1] of Karnataka, accounting for 98% of the Software Exports of the State. The estimated Metro GDP of the city is around US$300 billion, with a Metro GDP Per Capita of roughly US$25,461 in 2021
New software was built for microcomputers, so other manufacturers including IBM, followed DEC's example quickly, resulting in the IBM AS/400 amongst others. The industry expanded greatly with the rise of the personal computer ("PC") in the mid-1970s, which brought desktop computing to the office worker for the first time. In the following years ...
Karnataka is the leader in the information technology sector in India and its capital, Bengaluru, is known as the Silicon Valley of India. In the IT sector, Karnataka generated a total revenue of ₹ 516.5 billion in the financial year 2006–07 which included ₹ 487 billion from software exports and ₹ 29.5 billion from hardware exports. [29]
Manyata Embassy Business Park has a workforce of more than 150,000 professionals, as of November 2017. [4] Some of the tenant companies of the tech park are Cognizant, L Brands, Victoria's Secret, Lowe's, Cerner, Hudson's Bay Company, Harman, Rolls-Royce, IBM, Justdial.com, Voonik, GLOBALFOUNDRIES, Larsen & Toubro, NXP Semiconductors, Nokia Networks, Philips, Alcatel-Lucent, Fidelity ...
In August 1999, Mindtree Consulting Private Limited was founded by ten IT professionals, three of which invested through an entity incorporated in Mauritius. [10] It was funded by the venture capital firms Walden International and Sivan Securities and received further funding in 2001 from the Capital Group and Franklin Templeton.