Whenever those two words have been used together the connotation has been very different than in this case. Yes India is the offshoring capital of the world, Bangalore has become part of the standard...
Read the full post.
"Top line" findings from this year's sourcing and vendor relationship presentations at Spring Symposium/ITxpo include: Sourcing decisions are no longer - and no longer should be - driven...
Read the full post.
Here are some thoughts of Sanjiv Gossain, UK managing director of Cognizant, The role of information technology in a business has changed rapidly in the past five years. Since its conception, the...
Read the full post.
I came across the slides from a recent presentation at the deutsche bank Technology Conference by the COO of Infosys - Gopalakrishnan (Krish - Soon to be CEO) Below are two slides from the slide...
Read the full post.
First post in this series was on the views of Wipro, now here its from Hexaware, Hexaware Technologies is on an expansion mode. Vice-chairman and CEO, Rusi Brij, said that the acquisition would be in...
Read the full post.
There is a lot of M&A talk in the IT Services business, so i thought to put in a set of posts to cover the topics. First lets start with Wipro's thoughts on the topic: "We are looking at...
Read the full post.
Sometime last month we had a post of the findings in an AT Kearney Survery, which highlighted that the Cost Arbitrage between the US and offshore countries like India would be around atleast of the...
Read the full post.
Key takeaways from Cognizants Q1 Earnings call: In the first quarter, we exceeded our internal forecast, generating $460.3 million in revenue, which represents an increase of 61% from the first...
Read the full post.
Filed in archive Offshoring
by prashanth on April 28, 2007
The valuations of Indian software services firms are rich compared to its global peers, but such value is justified given their better growth rates and prospects, said citigroup global markets in a...
Read the full post.
Filed in archive Offshoring
by prashanth on April 28, 2007
Tata Consultancy Services (TCS) plans to hire more people this fiscal. In 2006-07, it added 32,000 people. Going by just the number of employees, TCS is at fifth position globally. S Mahalingam, chief...
Read the full post.
Filed in archive Offshoring
by prashanth on April 26, 2007
"Previously, we did small acquisitions in the range of $30-60 million. Now we have an appetite for larger acquisitions of over $100 million. With acquisitions contributing significantly to the...
Read the full post.
Filed in archive Offshoring
by prashanth on April 26, 2007
Computer Sciences Corporation and Covansys Corporation today announced that they have entered into an agreement under which CSC will acquire Covansys in an all-cash transaction. The transaction is...
Read the full post.
Filed in archive Offshoring
by prashanth on April 25, 2007
Satyam recently announced results, Below are some excerpts from the same: For fiscal 2007, Satyam recorded 33% YoY revenue growth vs. its original 25% guidance, Revenue growth was driven by the...
Read the full post.
Filed in archive Offshoring
by prashanth on April 21, 2007
Revenues at $690.7 M (YoY growth of 36%), ahead of guidance of $685 M for the quarter.Combined IT businesses cross $3Bn mark for the year, while Enterprise Solutions Business cross $1Bn in annual...
Read the full post.
Filed in archive Offshoring
by prashanth on April 21, 2007
Wipro has given job offer letters to 14,000 freshers for FY08, which is the highest in the company's history. It almost doubled its campus hiring compared to previous financial year when it...
Read the full post.
Filed in archive Offshoring
by prashanth on April 17, 2007
Couple of days back we had a post with slide excerpts on Wipro's thougths on the Human Resource / Talent needs / management etc. Now its TCS's turn, below are some excerpts from...
Read the full post.
Filed in archive Offshoring
by prashanth on April 06, 2007
Couple of days back i put up a post titled "Talent Management by Wipro", In continuation, here is an excerpt of what Azim Premji had to say on the possible Talen shortage problem in India,...
Read the full post.
Filed in archive Offshoring
by prashanth on April 04, 2007
Forrester covers the Innovation network concept of TCS which is an attempt to differentiate itself in an otherwise homogeneous market place, excerpts from the report: Tata Consultancy Services'...
Read the full post.
Filed in archive Offshoring
by prashanth on March 29, 2007
Sometime back we had a post on Satyam's persual of some mega deals and the large sized ambitions of Indian IT Services companies, well here is the first of the announcements: Satyam Yesterday...
Read the full post.
Filed in archive Offshoring
by prashanth on March 24, 2007
Forbes has an article highlighting the salary rise in India, wage inflation is being discussed as one of the key issues facing IT Services Firms in India, here are excerpts of the same: It pays to be...
Read the full post.
Filed in archive Offshoring
by prashanth on March 23, 2007
Couple of days back i wrote a post of how size does matter in IT Services players, so how are the smaller players reacting, both of them seem be planning a lot around Chennai (South Indian City, My...
Read the full post.
Filed in archive Offshoring
by prashanth on March 20, 2007
Yesterday i had written a post on the growing / large ambitions of Indian IT services firms, well today i came acorss this post at the Infoworld site on how the small players are getting...
Read the full post.
