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This is the heart of the country's flourishing software industry.
Phone.com has laid out $1.25 billion in stock on four companies the last four months to bolster its flourishing software business for wireless telephones.
Investors have been attracted to the world's second most populous country not only by the strong growth since the economic reforms of the early 1990s, but also by India's flourishing software sector and its educated, English-speaking middle class.
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Despite much training, it finds productivity lower than in the south, but wages are 50% lower.Pernambuco, the region's third significant state, is the centre of a declining sugar industry, but also of some less advertised success stories, with flourishing medical and software industries in Recife.
He now keeps his eye on software's flourishing sub-industry, software as a service (SaaS).
Intacct has remained intact and sees its business flourishing thanks to the software-as-a-service business model, according to Chelsea Stoner, Battery Ventures' newest general partner and a new director on the Intacct board.
SOFTWARE helped startups flourish, with open-source programs and the web providing easy collaboration and a fast route to market.
Second, rather than keep the design a secret, the team made the specifications open, so that independent software developers could flourish.
The government would also be counting on the breakup to re-ignite the kind of brush fire of innovation in the personal computer software industry that flourished in the early days of the PC in the 1980's.
What is happening much more swiftly is the growth of India's highly educated middle class, as industries like software and pharmaceuticals flourish in service-industry hubs like Bombay, Hyderabad and Bangalore.
These so-called software business-method patents are flourishing these days.
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CEO of Professional Science Editing for Scientists @ prosciediting.com