“[The] problem is, all of these initiatives are expensive. If the global economy doesn’t bounce back in a year or so, India’s outsourcers could find themselves saddled with legions of employees who have little to do. Infosys offered jobs to 18,000 college graduates last year and plans to hire more this year. But with scant
The Indian IT industry does not seem to be on a recovery path. With the way most players are going, I am doubtful the industry will find its way to recovery in the near future.
Anything I write about outsourcing seems to lead to a heated debate. My article on the Death of Indian Outsourcing was one such piece. The more recent Obama and Outsourcing received a similar welcome. Regardless of what happens to the outsourcing industry as a result of the US elections in November, outsourcing firms will remain key contributors to a changing
Forbes has a special report on Outsourcing this weekend. Here’s our coverage on the topic:
Twelve years ago, in 2008, it was clear that the labor arbitrage–based IT services industry that had made India a player in the global technology market was facing a threat. The key issue was supply-demand equilibrium. India’s engineering education system simply could not keep up with the demand for talent.
Economic Times reports: * The average pay hike at Oracle India as well as Oracle subsidiary i-Flex solutions is down to nearly 7-8%, dipping to 5% in some cases. The average salary hike at Oracle India last year was 12-14%.
Here’s an issue for readers to weigh in on: Does SaaS Threaten Indian Outsourcing?
It has been an interesting few days of being on the receiving end of tremendous hate mail due to my widely syndicated and (looks like) read and discussed Death of Indian Outsourcing article.