Although India and China have dominated the outsourcing landscape for some time, it looks like Latin America is about to take a huge leap forward, reports topix.com Read more
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Though U.S. tech giants like Microsoft and IBM have dominated the IT scene for a number of years, there is a dubious question haunting IT professionals in America. With the advent of outsourcing and rising joblessness, it is no wonder that the young graduate in computer science or information technology has much to worry about. Read more
Written by Jacob Cherian · Filed Under HRO Blogs | 2 Comments
According to a major UK business survey, IT outsourcing appears to be a growing trend to UK-based suppliers. Read more
Written by Jacob Cherian · Filed Under Outsource Blogs | 8 Comments
The other day I happened to stumble upon a career portal launched by a Tirupur (Tamil Nadu) based textile group that offers video conferencing facilities to recruiters, wanting to widen their multi-cultural resource pool? Read more
Written by Radhika · Filed Under HRO Blogs | Leave a Comment
There is an old joke among economists that a recession is when your neighbor loses his job while a depression is when you lose your job. Looking back at some of my own family’s history, the “Roaring Twenties” never got “roaring” for my Grandmother’s father who worked for the railroad. And despite suggestions from his peers and other family members that he should quit his job and do something more lucrative, he never did. And when the Great Depression hit, he continued working in the same job and ultimately retired some decades later with a full pension from the railroad plus social security. In other words, someone had forgot to tell him there was a boom and then a bust. Read more
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A Nasscom-A.T. Kearney study on “Location Roadmap for IT-BPO Growth” indicates that Tier II and III in India will soon begin to account for about 40% of the total projected IT-BPO jobs by 2018, if the state governments play their cards right. Read more
Written by Radhika · Filed Under Outsource Blogs | Leave a Comment
The most recent recession in the U.S. has been affecting industries across all verticals. President Obama has appointed former business executives like Charles E Phillips to his economic advisory board to help reverse the damage, but still companies are feeling the burdens of the economy and resorting to other measures to stay afloat.
It may sound indifferent, even callous to say that recession may be good for the outsourcing industry but the ground situation at least supports this assertion. Because the cost argument works so strongly in favour of the outsourcing model, experts predict that it is likely to break through even the remaining resistance as business becomes more adept at using the tool to cut cost and improve efficiency. Read more
Written by Radhika · Filed Under Outsource Blogs | 4 Comments
First the bad news. The latest Gartner Report predicts 5-20% drop in the outsourcing services costs in 2009-10 owing to the uncertain economic conditions, IT budget restraints, and general market weakness.
Now the good news. Read more
Written by Radhika · Filed Under Outsource Blogs | 1 Comment
Desperate situations often call for desperate measures.
So while I do understand the angst that prompts a rookie ex-programmer like Virgil Bierschwale to start something like where he keeps venting his spleen at the American CEOs who continue to lay off employees in order to stay above the water (Bierschwale even has a “Wall of Shame” (I would call it a breast-beating forum) for them on his website) —- the fact cannot be brushed aside that outsourcing as a business model may not just survive, but even thrive in a depressed market. And, there is an economic justification for it.
Written by Radhika · Filed Under Outsource Blogs | 3 Comments
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