Warren Buffet is famously quoted as having said, “You only find out who is swimming naked when the tide goes out.” Satyam’s Chairman Raju has been caught with his pants down after a failed attempt to acquire his son’s realty company! He announced his resignation in a letter to the board admitting fudging the company’s [...]
Archive for the ‘Outsourcing’ Category
Satyam Scandal – CEO Resigns
Posted in Outsourcing, tagged Outsourcing, Satyam, Scam on January 7, 2009 | Leave a Comment »
‘Tis the Season: Layoffs in India
Posted in Outsourcing, tagged Layoffs, Outsourcing on December 13, 2008 | Leave a Comment »
Well, the stuff has hit the fan. Global economy is sputtering. US economy has officially been declared as being in recession even though it was a foregone conclusion. Some of the European economies are already in recession. The job losses in US so far have totaled 2 million and counting.
The Indian IT industry employee who [...]
Recession 2008 -Avenues for new business
Posted in Outsourcing, tagged Outsourcing, Recession on December 13, 2008 | Leave a Comment »
The recession is now in full swing. The spectacular growth story of Indian IT companies is under threat. While they are hoping to ride this out, they are being cautious with their own capital spending. These already fiscally-conservative companies are turning more conservative with hiring freezes, pruning of staff, limited/no pay-hikes, restrictions on travel and [...]
Reverse outsourcing? Ugh.
Posted in Outsourcing on July 16, 2008 | 1 Comment »
The other day I was chatting with somebody about outsourcing industry. The conversation turned to the term that has been widely been used recently – “reverse outsourcing” – Indian companies opening software development centers overseas. My friend argued that the main driver for this trend was that cheap labor was not available in [...]
2008 Black Book Outsourcing Survey: Customer service is a strategic differentiator!
Posted in Outsourcing, tagged Black Book, Customer Service, IT Survey, Outsourcing, Strategy on July 1, 2008 | Leave a Comment »
The results of 2008 Black Book Survey are out and its overwhelming theme is that “customer” is back again. News flash to Indian IT service companies – Customer Service IS still a strategic differentiator.
A big so-called surprise in the survey results? The free fall of Infosys. The wheels seem to have come off at Infosys [...]
HP Poised For Further Growth
Posted in Outsourcing, tagged EDS, HP, Indian IT on May 21, 2008 | Leave a Comment »
HP on May 20th reported slightly-better than expected 2008 second-quarter numbers. Revenue at $28.3 billion grew up 11% from year-on-year. It also raised the year-end revenue guidance from $114.2 billion to $114.4 billion. More financial details are available here.
EDS, Emerging Markets, Cost-Cutting – Great Confluence!
I believe that HP is on a solid ground to move to the next [...]
Telepresence – Can It Transform Offshore Delivery Model?
Posted in Outsourcing, tagged Global Delivery Model, Indian IT, Infosys, Offshoring, Outsourcing, TCS, Telepresence, Wipro on May 16, 2008 | Leave a Comment »
We have been hearing about Telepresence for some time now. Its primitive form, video-conferencing, has been around for a while. Now I think we are at an inflection point in the technology maturity level. Admittedly, Telepresence technology has a better use in other industries than in IT Services/BPO.
New Opportunities
Indian IT companies have hit a slow growth path due [...]
HP-EDS Merger – Effect on Indian IT Companies
Posted in Outsourcing, tagged EDS, HP, Indian IT, Offshoring, Outsourcing, SWITCH on May 14, 2008 | Leave a Comment »
HP’s plan to buy EDS for $13.9B is one of the bigger news of last day or so and it obviously has everybody’s attention. Analysts, bloggers and just about anyone in IT has already commented on this development with much more insight than I would have. A lot of strong theories are floating around as to why [...]
MindTree’s Acquistion of Aztecsoft – OPD Consolidation
Posted in Outsourced Product Development, Outsourcing, tagged Aditi Technolgies, Aztecsoft, MindTree Consulting, OPD, OPD Consolidation, Outsourced Product Development, Persistent Systems, Sierra Atlantic, Symphony Services on May 6, 2008 | Leave a Comment »
The recent news that MindTree Consulting is planning to acquire 32% stake in AztecSoft indicates that the Outsourced Product Development (OPD) market is finally entering the consolidation phase.
Consolidation – A Matter of Time
While the consolidation in Indian IT industry has been predicted for a long time now, this still is a significant development in [...]
Indian IT Outsourcing – Changing Gears
Posted in Outsourced Product Development, Outsourcing, tagged India, OPD, Outsourced Product Development, Outsourcing, Solution Acelerator on April 30, 2008 | 3 Comments »
A recent BusinessWeek article “Indian IT Companies Eye New Strategies” talks about the non-linear growth models that the Indian IT services companies are working on. It comes at a right time and I echoed similar thoughts in my earlier comment as well.
Necessity of the mother of innovation
Potential US Recession or not, organic [...]
