Will IT Services See Offshoring to ReShoring ?

February 14, 2013 · Filed Under technology · Comment 

There was big debate recently on the phenomenon of reshoring, i.e. reversing the offshoring / outsourcing decisions of the past many years in IT / BPO Services. The fact is the reshoring debate is more political than economic. While increasing labour
costs in offshore locations have taken away a reasonable portion of cost advantages, they are still significant.

India’s market share in the global IT services market is still less than 10%. Indian companies’ penetration in Europe is especially low and this market has been growing faster for them. While Indian companies are moving up the value chain to offset the commoditization of traditional service lines, projects are Read more

Rakesh Jhunjhunwala’s Geometric Software partners with Hawk Ridge Systems

September 21, 2012 · Filed Under technology · Comment 

Geometric’s subsidiary – Geometric Americas, has partnered with Hawk Ridge Systems, the number 1 worldwide SolidWorks reseller of 3D CAD Systems, whereby the latter will resell CAMWorks, the first SolidWorks CAM solution that provides state-of-the art machining capabilities seamlessly integrated with SolidWorks.

Launched in 1997, CAMWorks is the leading solids-based CNC programming solution designed to operate in SolidWorks, and the first to offer parametric, knowledge-based machining capabilities with full tool path associativity to the solid model.

Geometric is a specialist in the domain of Read more

B-1 Visa Investigation to cost Infosys + TCS + Wipro

May 30, 2011 · Filed Under technology · Comment 

Infosys has received a subpoena from a Grand Jury in the US District Court (DC) for the Eastern District of Texas. The subpoena requires Infosys to provide documents and records related to its sponsorships for and uses of B1 visas.

You should recall that Senator Grassley had, in a letter to DoS and DHS (April 14, 2011), questioned the “B-1 in lieu of H-1B” policy, stating that it may be misused to evade the H-1B visa cap, referencing the Palmer vs. Infosys case. Read more

Attrition in Infosys / TCS / Cognizant – Impact

August 9, 2010 · Filed Under technology · Comment 

The real, more serious worry, we argue, should be the cost of lost revenues should firms not be able to hire strongly and quickly enough to meet full client demands and also hire additionally just-in-time to offset higher attrition while keeping buffers in store. Patni, a mid-sized player, missed revenue expectations in the last two quarters, attributing the revenue miss to high attrition and consequent inability to execute.

According to a case study on Attrition cost impact analysis using Infosys data reveals a modest 80 bps of points of impact on Read more

Era of Growth comes to an End at Infosys – Disappointing Results

April 13, 2010 · Filed Under technology · 1 Comment 

Infosys Technologies Ltd , India’s leading Software Labor Arbitrage company announced the Audited Consolidated results for the quarter & year ended March 31, 2010 – The Group has posted a net profit after tax & minority interest of Rs 16170 million for the quarter ended March 31, 2010 as compared to Rs 16130 million for the quarter ended March 31, 2009. Total Income has increased from Rs 58870 million for the quarter ended March 31, 2009 to Rs 61420 million for the quarter ended March 31, 2010. Read more

Tech Mahindra – Satyam – Management Meet

March 23, 2010 · Filed Under technology · Comment 

Key takeaways from management meeting,

  • BT business likely to be stable in the next few quarters post the contract restructurings;
  • Rest of the business (non-BT) continues to do reasonably well;
  • TEM (Telecom Equipment Manufacturers) business remains challenged – now a very small proportion of revenues (less than 5%);
  • Read more

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