ISLAMABAD:- Pakistan Software Export Board (PSEB) is organizing networking events in Houston, Austin, Las Vegas, Palo Alto and Chicago, which are the hub of IT activities in USA.
 
Networking sessions and meetings have been arranged with the leading Blue Chip brand companies, Chambers of Commerce and Government entities in collaboration with Texas Trade Council (TTC), Organization of Pakistani Entrepreneurs in North American (OPEN), Pakistan's Embassy in USA and various other local partners, a spokesman of PSEB said in a statement.
 
USA is the world's leading global destination for ICT outsourcing activities with 60% share in the total global outsourcing market. USA is also a major source of exports for Pakistani IT companies and accounts for more than 58% of their export earnings.
 
The main purpose of these meetings and networking sessions in USA is to promote the incentives and opportunities offered by Pakistan IT sector, rectify the misconceptions generated by media about Pakistan, foster business collaboration with American IT companies, enable Pakistani IT companies to learn from the successful experiences of their counterparts and expand their presence, the spokesman explained. During these sessions and meetings, foreign companies would also be encouraged to set up their development/competency centers in Pakistan, he added.
 
The PSEB delegation comprises of eleven member companies, which are renowned in their respective areas of expertise. These companies include: Post Amazers- specialized in graphics, animation and multimedia services, Palmchip Pakistan- experts in customization ad integration of vertical market applications, Progressive Systems- specialized in the development of web portals, web applications, enterprise mobile applications, Intagleo Systems- recognized experts in developing applications for financial sector, Server4Sale- known experts in the area of website hosting services with integration of related applications, PrisLogix- providers of multimedia solutions and health care ERP, GoodCore Software- providing services for the development of business applications, CTO 24/7- specialized in system integration and the development of business applications using Microsoft tools and technologies, Digital Processing Systems Inc- providing services for the development of application and system softwares, Xorlogics Inc- specialized in database applications and mobile applications, and Digital Prodigy- specialized in software development services in the fields of e-commerce, healthcare and mobile applications.
                                                                                        
PSEB regularly arranges participation of member companies in trade fairs and exhibitions across the world to promote Pakistan IT Industry's brand. Earlier, PSEB arranged various country-focused networking events in London, Manchester and Glasgow in UK, and Dublin in Ireland. These events were highly successful and various business leads were generated by the participating companies.
 
With an IT Industry worth more than USD 2.8 billion, including annual IT exports exceeding USD 1.4 billion, Pakistan is eyeing to increase the size of its IT sector to over USD 11 billion by 2011. "IT export oriented initiatives by PSEB are not only enhancing the country's image abroad but are also having a positive impact on the IT export related earnings of the country", the PSEB spokesman said.
 
The operational costs in Pakistan are 30% lower than neighboring country India, while the infrastructure advantages of high-speed connectivity in all the major cities are available at competitive rates. According to "Buying Triangle", the operational cost for a full time employee is USD 58,598 in USA, while it is USD 23,708 to USD 35,562 in India and only USD 9,000 in Pakistan, the spokesman added.
 
PSEB is a Government agency mandated to promote Pakistan's IT Industry, including software, services, hardware and call centers locally and globally. PSEB regularly sponsors attendance by its member companies in International Trade Shows and Exhibitions that help companies showcase their capabilities and develop business contacts. PSEB has been facilitating the IT Industry through its programs in Human Capital, Office Space, Marketing, Company Capability Development, Telecom Bandwidth, Industry Finance, Public Policy, Strategy & Research, and Facilitation.