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Network World has published their 2007 IT salary survey and revealed that most of us aren't really happy with what we are making on the job these days. I am a bit curious as to whether or not...
Gartner Magic Quadrant for Offshore Application Services 2007 Title: Gartner Magic Quadrant for Offshore Application Services 2007
Gartner Inc's recent Magic Quadrant for North American Offshore Applications Services, 2007 report, According to Gartner, Magic Quadrant leaders "are performing well, have a clear vision of...
Nasscom on China's IT Software Services Industry Evolution Title: Nasscom on China's IT Software Services Industry Evolution
Nasscom recently released a report a Whitepaper 'Tracing China's IT Software Services Industry Evolution',which this is the first in a quarterly series which will focus on regions that are...
Indian Outsourcers to Continue Acquisitions! Title: Indian Outsourcers to Continue Acquisitions!
"Indian companies are sitting on a lot of cash, $500 million to $1 billion," said Ameet Nivsarkar, VP of research at Nasscom in an interview. Plus, "the valuation of Indian IT companies...
Infosys 2007 - Analyst Meet - Overview Title: Infosys 2007 - Analyst Meet - Overview
Here are some slide screenshots: Infrastructure Management Services Enterprise Services HRD Source:1 Tags: Infosys - Analyst+meet - 2007 Prashanth Rai......
Wipro's Acquisition of Infocrossing - Summary Title: Wipro's Acquisition of Infocrossing - Summary
On August 6, 2007, the Company announced that it had signed a definitive agreement to be acquired by Wipro Technologies, the global IT services business of Wipro Limited, for $18.70 per share in cash....
Cognizant Q2 - Earnings Call Title: Cognizant Q2 - Earnings Call
Excerpts from Cognizants Q2 Results: Attrition - Employee attrition increased slightly to 17%, which is consistent with seasonal trends and attrition for the second quarter. This increase was due...
TPI's Gerry Clark on Outsourcing Offshoring Title: TPI's Gerry Clark on Outsourcing Offshoring
Computerworld has a Q&A, Below are excerpts: What are the major trends you are seeing in the large global outsourcing deals you are advising on? Contract duration is coming down. The first- and...
Emergence of the Midtier Indian IT Services players Title: Emergence of the Midtier Indian IT Services players
Forrester report titled "Not The Usual Suspects: Cost, Quality, And Client Service Benefits From Midtier Providers" highlight 3 companies that are not often written about or highlighted...
India (Tax) Holiday coming to a close - TPI Title: India (Tax) Holiday coming to a close - TPI
TPI covers this topic in a report, below are some excerpts from the same: Software Technology Park India (STPI) scheme was introduced in the formative years of the information technology (IT) industry...
Summary of Facts from some Indian IT Services Companies Title: Summary of Facts from some Indian IT Services Companies
Since its earning season, am lookin through th results announced and summarizing here aspects / parts that i found interesting (Disclaimer: Some of the data is calculated and can be wrong and also...
Infosys Acquires Philips BPO Title: Infosys Acquires Philips BPO
Infosys Technologies has bought three captive BPO's from Netherlands based Philips NV's in a deal pegged at $250 million. As part of the agreement, Philips will enter into a seven-year...
Waters Publication named Infosys technologies best outsourcing partner. Title: Waters Publication named Infosys technologies best outsourcing partner.
Readers of Waters, a leading publication covering the needs of chief information officers in global capital market firms, rated Infosys Technologies as "Best Outsourcing partner". "Like...
China an Offshoring Destination Title: China an Offshoring Destination
As demand for offshore IT outsourcing services grows in the coming years, companies will be faced with the problem of limited outsourcing resources in more established markets for IT services, such as...
Can Indian IT Services Companies Keep growing ....? Title: Can Indian IT Services Companies Keep growing ....?
SeekingAlpha has a post providing 3 key challenges Indian Outsourcing companies are going to face starting 2009, End of the Tax Shelter:The biggest advantage Indian IT companies have is the tax...
TCS Some Thoughts? Title: TCS Some Thoughts?
TCS is making some serious investmenst in building its brand visibility, most of us have probably seen the "Experience Certainity" campaingn, but another aspect seems to be the executives...
Open Source And IT Outsourcers Title: Open Source And IT Outsourcers
I read this about how the ecosystem is working between the open source providers and the outsourcers. Below are some highlights from it. Several Open Source firms have mentioned that Indian...
Infosys - Q1 Results - Fast Facts Title: Infosys - Q1 Results - Fast Facts
Revenue - Sequentially our revenue grew by 7.5%. Our blended pricing went up by 1% this quarter Geo - Grown 7.5% in North America, 8.4% in Europe Geo - North America contributed 62.6% of our revenue...
Syntel - The best kept secret in IT Services, Not Anymore!!! Title: Syntel - The best kept secret in IT Services, Not Anymore!!!
On Friday, I had an opportunity to talk to Bharat Desai the Chairman,CEO of Syntel Inc. It was a very interesting and candid discussion, with some interesting insights into the IT Services market....
Thoughts of the TCS CFO Title: Thoughts of the TCS CFO
Sandhill has an interview with the CFO of Tata Consulting Services - S Mahalingam, below are some interesting excerpts from the same that cover the current concerns and opportunities in the...
India IT Service Companies, Hiring in the US Title: India IT Service Companies, Hiring in the US
Businessweek has an article highlighting how some of the Indian IT Services firms are begining to hire more in the US. Excerpts from the same: In the past, Indian companies almost always transferred...
Testing Services - The Growing IT Serviceline Title: Testing Services - The Growing IT Serviceline
According to Gartner Inc., the worldwide market for Testing Services is forecast to grow to US$ 13 billion by 2010, with 45-50 percent (around US$ 6 billion) getting outsourced. Indian IT-BPO players...
HCL's - Verticalization Strategy in Europe Title: HCL's - Verticalization Strategy in Europe
IDC has a report titled "HCL Technologies and its Verticalization Strategy at Work in Europe", Below are some interesting excerpts from the same: HCL in Europe targets five sectors...
India is now Offshoring Title: India is now Offshoring
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...
Gartner IT Expo - Sourcing related information Title: Gartner IT Expo - Sourcing related information
"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...
IT is key to future business growth - Cognizant Title: IT is key to future business growth - Cognizant
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...
Infosys - Model & Challenges Title: Infosys - Model & Challenges
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...
Hexaware's Views - IT Services M&A - 2 Title: Hexaware's Views - IT Services M&A - 2
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...
Wipro Thoughts - IT Services M&A -1 Title: Wipro Thoughts - IT Services M&A -1
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...
Offshoring - Is there really Cost Arbitrage? Title: Offshoring - Is there really Cost Arbitrage?
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...
Cognizant Q1 Earnings Call Excerpts Title: Cognizant Q1 Earnings Call Excerpts
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...
Indian IT Services firms - Good Valuation Title: Indian IT Services firms - Good Valuation
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...
TCS and the headcount.... Title: TCS and the headcount....
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...
We have an appetite for larger acquisitions says WIPRO Title: We have an appetite for larger acquisitions says WIPRO
"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...
Consolidation in the IT Services Industry - CSC acquired Convansys Title: Consolidation in the IT Services Industry - CSC acquired Convansys
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...
Satyam Results - Excerpts Title: Satyam Results - Excerpts
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...
Wipro Q4 Results Summary Title: Wipro Q4 Results Summary
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...
Wipro doubles Fresher headcount Title: Wipro doubles Fresher headcount
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...
TCS - Human Resources. Title: TCS - Human Resources.
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...
Azim Premji's Thoughts on the Talent Shortage problem in India Title: Azim Premji's Thoughts on the Talent Shortage problem in India
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,...
TCS's Client-Focused Innovation Network Title: TCS's Client-Focused Innovation Network
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'...
Satyam wins a 200 Million $ deal from Applied Materials Title: Satyam wins a 200 Million $ deal from Applied Materials
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...
Salaries in India, Skyrocketing Title: Salaries in India, Skyrocketing
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...
What are the Smaller Players doing in the IT Services Market Title: What are the Smaller Players doing in the IT Services Market
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...
Indian IT Services - Size Does Matter Title: Indian IT Services - Size Does Matter
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...
Indian IT Services Firms and BIG AMBITIONS Title: Indian IT Services Firms and BIG AMBITIONS
Our Cricket world cup ambitions might have been dampened after the losing to Bangladesh, but there is no dampening the ambitions of the Indian IT Services firms. Today as i headed to the Economic...
CTS - Cognizant, Some observations Title: CTS - Cognizant, Some observations
Cognizant is one of the IT Services companies that is really growing fast, it is Indian to the extent that close to the 85% of their staff is located in India. Infact I have heard and read very good...
Offshore cost advantages to continue till 2027 - AT Kearney Report Title: Offshore cost advantages to continue till 2027 - AT Kearney Report
As per the results announced yesterday by the AT Kearney, based on thier annual survey. The wage cost advantage of offshore locations for office services is set to last for another 20 years, says the...
IT Services - Its about Information technology!!! Title: IT Services - Its about Information technology!!!
Who do you think is the most "Technology Oriented / Technical" spokes person of the Indian IT Services Industry? According to me the serious Need of the hour in the Indian IT Services...
Russian ITO Market to Grow by 40% or 50% in 2007: neoIT Title: Russian ITO Market to Grow by 40% or 50% in 2007: neoIT
In 2007, Russian Information Technology Outsourcing (ITO) market will grow by 40%-50%, says a study by neoIT - a management consulting firm. Russia is currently the third largest IT outsourcing supply...
25% of IBM Workforce in India - 2007 Title: 25% of IBM Workforce in India - 2007
Information Week has some head count numbers for both IBM & Accenture in India and provides a comparison to Global/ US Workforce size: IBM's Indian workforce now stands at 53,000, up from...