Nearshore Journal

By feBureau
Mumbai: During the last few quarters, Indian IT firms have been witnessing the impact of volatile currency movements on their top line. This quarter too, though there have been gradual currency movements, they are not volatile. Therefore, IT firms like Infosys Technologies are not expecting any major impact this quarter. S Gopalkrishnan, CEO and [...]

India's Next Outsourcing Wave
By Sudhakar Ram
It’s understandable that many in the U.S. are angry that workers lose jobs to offshore programmers. Despite the unpopularity of outsourcing in the wake of the financial meltdown, I am convinced that “Third Wave” Indian IT players—those outsourcing specialists that U.S. companies can rely on as strategic partners for [...]

percentage of graduating software engineers are actually industry ready? How can this number increase?
Fresh graduates today are bright and trainable. However, in most of the cases they are not industry ready. This pressurises the industry to provide enormous training and re-skilling facilities. As an industry which is people-dependent and global, we need to equip our [...]

By Douglas A. McIntyre
American companies have been criticized for years for outsourcing work, particularly to China and India. Much manufacturing work actually went to other nations, such as Vietnam and Mexico, but China has been a convenient target of criticism.
The first jobs to go abroad to allow US firms to decrease costs were manufacturing ones. [...]

Indian IT companies have over-leveraged their traditional advantages of offering cost-arbitrage and skilled labour. Local IT companies need to get a global makeover to bid for the government and civilian outsourcing contracts in other countries, senior associate dean at Harvard Business School Professor David B Yoffie said in an interview with ET .
Excerpts:
How do Indian [...]

By Jakewriter
In a surprising move, Microsoft Inc. has inked a contract with a legal outsourcing provider to outsource to India. The provider CPA Global will employ lawyers in India to get the legal work done.
News of the agreement comes on the heels of a budget cut that will reduce Microsoft’s legal budget by 15% in [...]

Actis, an emerging markets-focussed private equity firm, is investing $50 million in Integreon, a Mumbai-based back office outsourcing firm backed by Ayala Corporation of Philippines, for a substantial minority stake.  Integreon will use the funds to invest in new services, technologies and acquisitions.  With this deal, JM Trivedi, south Asia head of Actis, and Gautham [...]