2007'02.01.Thu
Zsoft, a Gateway for International Outsourcing Companies Entering China

April 24, 2006

BEIJING, April 24 /Xinhua-PRNewswire/ -- Zhongguancun Software Association announced today that approximately US$ 2 million in outsourcing software development business was up for grabs in the Second Software Outsourcing Summit in Beijing, which kicked off on April 18 and ended on April 20. Four foreign outsourcing companies, mainly from Europe and America, were planning to find software developers at the summit to handle their to-be outsourced projects valued at about US$ 2 million. Among them, a US-based national chain supermarket company would outsource its information system construction work in the next 10 years, which was part of its management system. The first phase of this project alone would amount to US$ 500,000, according to Zsoft. The software outsourcing fair, organized by Zhongguancun Software Association (Zsoft), is a platform for domestic software developers and mainly overseas outsourcing companies to meet business partners and strike deals. During the second summit, Zsoft also launched its English version website http://www.zsoft.cn , enabling prospective participants to book the outsourcing summit admission tickets online. The English website would also serve as a platform through which software developers and business outsourcers could meet. A transaction platform, which is jointly sponsored by Zsoft and Shanghai Pudong Development Bank, was also launched in the summit to lure American outsourcing business. In a bid to facilitate the software outsourcing business flowing from America to China, Zsoft had already set up a special platform last November which is specifically targeting American outsourcing companies and where small-sum outsourcing business deals can be negotiated and traded. So far, a total of US$ 6 million worth of software outsourcing business is now in talks with American companies thanks to the platform, which is in addition to the US$ 1.6 million deal that has already been secured, Zsoft said. The software outsourcing summit, organized by Zsoft, a Beijing-based non-profit software industry association, will be held four times a year, in April, July, September and November respectively. Zsoft also signed an agreement with US-based International Association of Technology Trade(IATT) at the summit, which would facilitate IATT's 10,000-strong member firms to outsource their software business to Zsoft's member firms. IATT, according to the agreement signed with Zsoft, will certify 10 Chinese software developers that are qualified to handle America-originated software outsourcing business and promote them in its own website. IATT will also help train those 10 Chinese firms until they secure outsourced business deals from America. The outsourcing event also attracts domestic companies that are planning to outsource their software development business. An unnamed domestic construction and decoration company is interested in outsourcing its information system construction work, indicating that the outsourcing market is not only confined to overseas outsourcers. Zsoft, the software industry association, is hoping to set up a "software factory" by consolidating the sector. It is also planning to train those software developers, which are in great demand by many software companies. The industry association, which is composed by 5000-strong member firms, has also set up a special committee to deal with the software business originating from America. It is currently seeking a liaison officer in America who will be in charge of finding potential software outsourcers in America and introducing them to attend the Zsoft-organized outsourcing summit. For more information, please contact: Ms. Ada (Lu Jun) Zhongguancun Software Association Tel: +86-10-8232-8001 Email: adalu@vip.sina.com SOURCE Zhongguancun Software Association
PR
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