Saturday, May 26, 2018

Kerala IT companies Tie Ups With The Foreign Organizations

Small and medium sized IT companies situated in Kerala entering into tie ups with the foreign firms or organizations including startups, located out of the country. They also plan for Co incubation by which they may get enough opportunities to spread their business in the foreign market.
To understand this, recently i.e. Last month only to promote Techno park incubates to foreign markets, Techno park Technology Business Incubator (TTBI) signed a co-incubation agreement with the Asia Pacific members of the Asian Association of Business Incubation (AABI).
Due to this agreement, many incubate companies can sell their products easily, as now they are having the opportunity to open or start their offices in Asia Pacific and Oceanic countries, which lead to widening their marketability and operations. All the technology incubators in Asia Pacific and Oceania countries are covered under this agreement and its advantage is mainly received by the companies, especially startup companies based in Kerala as by this they will get space for their marketing and operations activity in all those countries.
IT Companies also get more opportunity as Techno Park TBI had earlier signed a memorandum of association (MOU) with Invest in Bavaria, Germany, by which marketing and operations can be started by these IT companies in those regions also. There are four firms who will go to start their operations in Bavaria; they are from the Techno Park TBI. IT Companies which are situated in Silicon Valley, California has the expertise and their mission is a startup village in Kochi which have been set up by the Malayali diaspora.

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