While western politicians yabber on about bringing jobs back home, third-quarter results for India’s top three IT outsourcers show just how hard it is to reverse the offshoring trend.
At Tata Consultancy, the industry leader by revenue, sales jumped by more than a fifth from a year earlier in dollar terms, it said last week. At Infosys (INFY-N) and Wipro (WIT-N) they were up by around a sixth. This puts the industry on track for 16-to-18-per-cent growth for the year ending in March.
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Tags: Details, Developments, Economy, Effects, Factors, India, Job Market, outsourcing, Plans, Status
Fri, January 27 2012 » Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
The 22 years I spent as a reporter before entering the teaching field left me with a healthy skepticism for any words escaping the lips of politicians.
That being said, I was encouraged by President Obama’s State of the Union address Tuesday night.
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Tags: Details, Developments, Economics, Effects, Factors, Impact, Insights, outsourcing, Society, Speeches, State of the Nation, USA
Fri, January 27 2012 » Business Services, Business Transformation Trends, Industry Leader Profiles, Outsourcing Business Trends » No Comments
Logica has described cloud computing as “the railway of the 21st century”, claiming that the community clouds it is building with Microsoft will help to promote sharing and collaboration among like-minded companies.
Speaking in a joint keynote session with Microsoft’s UK national technology officer Mark Ferrar at Cloud Expo Europe, Logica’s global CTO David King said that, just as the railways made it easier to move goods around the place during the last century, cloud computing makes it easier for companies and public sector companies to share information across geographical barriers.
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Tags: Cloud Computing, Company News, Developments, Factors, Insights, Partnerships, Public Sector Services, Solutions, Strategy, Trends
Fri, January 27 2012 » Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
A mixed global economic outlook, high levels of volatility, weak consumer demand, and ongoing corporate uncertainty continue to impact outsourcing demand and consulting growth, according to the KPMG 4Q11 Sourcing Advisory Pulse Survey of KPMG field advisors and leading global business and IT service providers.
The study also found that organizations engaged in outsourcing are recognizing the need to invest in IT-enabled solutions, but must overhaul business and operating models to fully exploit the technologies’ potential.
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Tags: Business Services, Discussions, Economic Conditions, Factors, Insights, IT, Outsourcing Market, Providers, Services, Surveys
Fri, January 27 2012 » Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
OPPOSITION Rep. Mitos Magsaysay has urged the government to be prepared in case the Business Processing and Outsourcing industry is affected by the United States measure restricting the outsourcing to Americans.
Magsaysay said that Aquino government should have fallback or alternative job opportunities for Filipinos who will most likely lose their jobs should American companies stop their operations in the Philippines.
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Tags: BPO, Details, Developmens, Effects, Factors, Impact, Insights, Issues, News, Philippibnes, Plans
Fri, January 27 2012 » Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
The union representing Florida’s prison nurses is suing the state over the planned outsourcing of inmate health care.
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Tags: Details, Developments, Effects, Factors, Healthcare, Insights, Lawsuits, News, Nursing, outsourcing, Prison
Fri, January 27 2012 » Business Services, Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
The U.S. is preparing to introduce repressive tax regime in respect to its companies engaged in global outsourcing. In any case, introduction of such a discriminatory decision was suggested yesterday by the U.S. President in the annual message to Congress on the situation in the country.
Barack Obama stated that the U.S. government should start tackling problems of employment from the Tax Code.
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Tags: Concerns, Developments, Economy, Effects, Factors, Insights, outsourcing, Policies, Politics, Services Market, Taxation, Trends, USA
Thu, January 26 2012 » Business Services, Business Transformation Trends, Industry Leader Profiles, Outsourcing Business Trends » No Comments
President Barack Obama is trying to encourage U.S. companies not to send work overseas. This might not be as hard a job as it seems for some types of IT work.
A number of vendors believe offshore outsourcing is becoming less attractive and are working to make the most of this shift. Among them is a former CEO of the large IT services firm Keane Inc., Brian Keane, who is setting up a new firm, Ameritas Technologies, to address the domestic IT services market. Keane was recently sold to Japanese-based NTT Data Company.
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Tags: Concerns, Developments, Economy, Factors, Insourcing, IT, outsourcing, Politics, Services Market, Trends
Thu, January 26 2012 » Business Services, Business Transformation Trends, Industry Leader Profiles, Outsourcing Business Trends » No Comments