Micro, small companies account for 90% of software development - Promperú

- Thursday, August 11, 2011

Micro, small companies account for 90% of software development - Promperú

Peru's software development market comprises more than 300 companies, of which 90% are micro and small companies, media outlet RPP Noticias reported, citing a study by state export and tourism agency Promperú.

According to the study, 63% are micro business, 27% are small firms, 6% are medium and 4% are large corporations.

The local software development segment creates 8,000 direct jobs and 12,000 indirect jobs, such as computer sales and cable and equipment installation.

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Peru's IT offering includes generic software, computer consulting, on-demand development, specialized software, internet services, e-business, outsourcing services, systems integration, and equipment support and maintenance.

The country's main export markets are the US (53%), the Andean community (27%), Europe (14%), Mercosur (3%) and Central America (2%), representing close to US$20mn in revenues last year.