How much does a Kenyan programmer of 2 years experience earn per month? .NET, web developer etc. ________________________________ From: Murigi Muraya <mmskunkworks@gmail.com> To: Skunkworks Forum <skunkworks@lists.my.co.ke> Sent: Sat, October 17, 2009 2:00:57 PM Subject: Re: [Skunkworks] NSE goes open source? On Fri, Oct 16, 2009 at 6:25 PM, Sammy Njoroge <smmynjoroge@gmail.com> wrote:
Considering the London Stock exchange recently opted to go opensourcefor some pretty compelling reasons i wonder what the NSE will decide to do since on the website there is a tender advert for a broker back office system http://www.nse.co.ke/newsite/.
NSE is already on the system (and vendor) that LSE just bought. http://sinhale.wordpress.com/2009/09/18/sri-lankas-millenium-it-is-bought-fo... Cost savings for the LSE are coming more from cheaper Sri Lankan labour (software developers) than from what some call 'Open Source'. There were complaints in the UK even by those who are anti Microsoft that jobs will be lost (to Sri Lanka). According to http://www.sundayobserver.lk/2008/01/27/fin26.asp a developer in (2008) Sri Lanka with 2 years experience would earn about 60,000 Sri Lanka Rupees (1 USD = 115 SLR) = USD 520.00 per month. Assuming Millenium IT pays above the Sri Lankan average, so we can assume their developers with 5 years of experience earn about USD 2,000.00 per month = USD 24,000.00 per year. Compare that with an American or UK based developer (from Accenture) earning at least USD 60,000 per year. The .Net system the LSE is moving from cost USD 65 Million. They are buying the Sri Lankan Vendor (not just their Trading System) for USD 30 Million. If 150 UK / US developers paid USD 60,000 each per annum worked on the TradeElect (the .Net system) = USD 9 Million per annum. The TradeElect system has been in place for 6 years (since 2003) X USD 9M per annum = USD 54 Million = Developer Costs. Say Microsoft Infrastructure Software (Windows and SQL) Servers cost USD 5 Million or so with Hardware Servers @ USD 6 Million .. Total = USD 65 Million To build the same system, Millenium IT with 200 software developers @ USD 24,000 per annum = USD 4.8 Million x 6 years = USD 28.8 Million. Will not be surprised if upcoming Microsoft Servers and Tools enable us (in the 3rd world) to build even better systems for USD 15-20 Million. If the Millenium IT Stock Exchange Trading System is Open Source then where is the source code for Kenyan geeks to fork for the NSE? Is it Open Source because it sits on Linux or is the Oracle DB the system uses 'Open Source'? For High Performance Computing, *nix systems have little to prove. In fact they are very well proven. Most HPC geeks are anti Microsoft (licenses) so it takes Windows Kernel Engineers to try prove (in labs) that Windows Server Systems are not too bad nowdays.