University of Belgrade , Belgrade , Serbia
This paper analyses the impact of the new trends in the software industry on changes in the economies of developing countries. Global economy has undergone a drastic transformation in recent decades. Once isolated markets are now part of a single, global market. Information technologies have changed the ways the World operates and have had a significant impact on global economic performance. Many economies and enterprises have implemented this technology, trying to use them in order to gain competitiveness, economic growth and development. Due to the large capacity for employment and opportunities for achieving significant revenue, especially through outsourcing IT services and software exports, today's ICT sector is in the focus in the countries in transition. Dozens of developing countries have become important exporters of software products and services. In this context, the world's attention was attracted by India, mainly due to its outstanding performance in export of software services, which can be inspiring for other developing countries.
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