Hyderabad is considered as the high-tech city of India. IT in Hyderabad is renowned world over. Hyderabad is the hub city for information technology in India. Hyderabad is not only known for its IT and IT Enabled Services, but also for Pharmaceuticals and Entertainment industries. Many Business Process Outsourcing (BPO) firms, dealing with IT and other technological services were set up in the 1990s making it the hub of BPO firms. The city is also famous for the Ramoji Film City, the largest film studio in the world and is located on the outskirts of the hi-tech city.
Due to this rapid growth of technology in this area, the city is also known as "Cyberabad". It has also been referred to as the second Silicon Valley of India after Bangalore. Several multinational corporations have also established its centres in the city. Two of the major areas where such campuses have been setup include Madhapur and Gachibowli. Hyderabad offers innumerable number of software courses that are taken up by thousands from all over the world. Hyderabad is on the edge to become a global city.