Vijay C Roy
Tribune News Service
Chandigarh, October 22
The Covid pandemic has hit many industries, but some businesses have been growing significantly. Software testing is one such sector which has seen a significant growth amid the digitalisation. According to the industry, with the current wave of digitalisation due to the pandemic, the industry is bound to grow exponentially.
“After an initial setback for three months, the demand for software testing services has picked up significantly due to the high amount of digitalisation. The sectors such as education, healthcare, banking, insurance and communications saw new solutions being built to support remote operations, fuelling the growth of software testing services. Our company grew by 33% during the pandemic year and we expect 50% growth in the current fiscal,” said Manish Gupta, CEO of Chandigarh-based TestingXperts.
TestingXperts is the world’s fifth largest pure play quality assurance (QA) and software testing company. Software testing implies checking IT system prior to its implementation for multiple aspects such as functionality, reliability, usability, security, compliance and performance. Manish said there were only a handful of firms operating in pure play specialist software testing and QA space.
In any large digital transformation programme, 60-65% cost and effort go into design and development and the rest 35-40% goes into QA and testing. While most of the companies in the IT industry focus on development services, TestingXperts has focused on the QA and testing space, which is less crowded.
According to data, the global Pure Play Software Testing Services market is estimated to grow at a CAGR of almost 15% during the forecast period 2021-2024. However, amid the significant growth, the industry is marred by challenges. “The biggest challenge being faced by the testing industry is on the talent side — hiring and retention. As the industry is growing, the availability of quality manpower is low and in case of experienced manpower, the attrition rate is high,” said one of the recruiters for software testing companies.
Demand rises significantly amid pandemic
The demand for software testing services has picked up significantly amid the pandemic due to high amount of digitalisation in various sectors. — Manish Gupta, CEO, Testingxperts
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