IT Industry Advancing At Fast Pace
Daniyal Sohail Published April 25, 2018 | 02:03 PM
Pakistan's IT industry is growing at a fast pace across different categories. Enterprise software has grown by 17%, marketing tech 15%, financial services 13%, consumer goods 9%,
ISLAMABAD, (UrduPoint / Pakistan Point News - 25th Apr, 2018 ) :Pakistan's IT industry is growing at a fast pace across different categories. Enterprise software has grown by 17%, marketing tech 15%, financial services 13%, consumer goods 9%, retail/e-commerce 8%, professional services 8%, internet of things/hardware 7%, health care 4%, media 4% and non-profit 3%.
Facebook, Amazon and other giants of IT sector are anticipating something huge in the start-up world of Pakistan as evidenced by the huge number of sponsors. Pakistan government has also started promoting start-ups, for example, it has given three-year exemption from taxes to the start-ups and set up national incubation centres in Lahore, Islamabad, Peshawar ,Karachi and Quetta.
Department working under IT&Telecom ministry, Pakistan Software Export board has selected 30 IT professionals and 28 IT companies and given certifications in Capability Maturity Model Integration (CMMI) platform.
Moreover, 134 IT companies got certifications in ISO 9001, ISO 20001 and ISO 27001 helping them to generate IT exports from developed countries. Managing director of PSEB told the directors in their previous meeting that PSEB has achieved significant milestones in IT promotion over the last four years.
PSEB participated in 11 international trade fairs along with 65 IT companies. He told the boards that Pakistani companies were able to generate more than 2 thousand leads with the help of those events, he added.
He said, Trade fairs and exhibitions have promoted Pakistan as a viable destination for outsourcing, Pakistan's exports increased due to PSEB efforts of organizing participation in International expos along with IT companies.
Ministry official told APP, PSEB in partnership with National ICT R&D Fund (IGNITE) has placed 1700 plus IT graduates as interns in various IT companies and banks and more than 60 percent of interns had a job offer from their respective companies.
Later in another meeting, Minister of IT Anusha Rehman, approved "DigiSkills" programme to provide training to 1 million youth to streamline excellence in technology, innovation, and professionalism, focusing on building a workforce for future driven by 4th Industrial revolution.
Related Topics
Recent Stories
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
Putin says plans to visit China in May
More Stories From Technology
-
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
2 days ago -
Pro Tips: How to Capture Stunning Portraits with the Aura Light Portrait of vivo V30 5G
4 days ago -
Itel celebrates launch of S24—a new brand identity
4 days ago -
Realme C53 Price Slash: High-Tech Meets High Style at New Low Price!
5 days ago -
Take Charge, Live Free: Empower Your Life with Infinix NOTE 40 Series
7 days ago -
PTA Undertakes Consultation with All Pakistan Network Association (APNA) on Proposed Class Value Add ..
7 days ago
-
Vivo V30 5G: The Perfect Blend of Enhanced Photography and Premium Design
9 days ago -
PITB's Regional Plan 9 invites applications for its newly launched incubation centers in Rawalpindi, ..
10 days ago -
Pakistan calls for enhanced information integrity on digital platforms
10 days ago -
Infinix NOTE 40 Series vs. the Competition: Why It Stands Out
10 days ago -
"Unlock Exceptional Value: The New realme Note 50 with Extended Warranty Now Available in Pakistan!� ..
11 days ago -
Google unveils new AI chips, arm-based processor for data centers
16 days ago