50 Billion Dollars: India’s Finger In The Outsourcing Pie
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According to the latest industry report by NASSCOM, India’s revenue from back-office outsourcing is expected to surge nearly five-fold to $50 billion by 2012 despite a possible recession in the key United States market.
Software Lobby Group Says US Desperately Needs More Foreign Workers
A technology based lobby group in US, the Software & Information Industry Association (SIIA) wants United States Congress to drastically raise the annual cap on H-1B visas and give permanent residency to foreign nationals who graduate from U.S. colleges.
An additional demand they had was related to backing trade policies which give companies unfettered access to the global market but I am not able to make much of it. Why will the US government restrict companies from doing business across the world? Unless of course the country in question is Iran or Cuba etc. (Thats what I thought initially but check out the analysis and answers below).
Sabeer ‘Hotmail’ Bhatia Dials In With SabseBolo
(Pic - The man himself)
Sabeer Bhatia has been trying hard to beat his one trick pony reputation. After trying his luck with Arzoo and Live Documents, the man who sold Hotmail to Microsoft has now launched an online tool for facilitating teleconferencing at no extra cost to the user.
Looking at the website, one thing that struck me as odd was the image used on the home page.
Google Spotting For Women Engineers
(Pic - Google Girl)
Google India wants to recognize and celebrate women of India in Computer Sciences and related fields. Google thinks Indian women deserve a pat for solving complex engineering problems, doing work that makes an impact, collaborating with smart people, for challenging conventions, and above all for taking risks. What sweetens the whole deal is that the recognition comes along with a cheque for INR 75000 ($1875).
Prototyping Proto.in
(Pic - Proto.in session in Chennai, India)
Few days back I came across this particular group (in India) - Proto.in (www.proto.in) - which provides a platform for interaction between innovators and investors. Google takes them serious enough to be one of their major sponsors. What the group does is play a sort of match-maker between a small company and a prospective investor. Say if you are a startup which is short on monies but has a demonstrable ‘prototype’ capable of hitting pay dirt, then Proto.in is exactly what the doctor ordered.
The Young Turks Of IT Already Disillusioned
According to a recent survey, majority of young IT workers are already disillusioned with their jobs.
“Millennials — employees between the ages of 18 and 31 — represent the top challenge for IT managers, according to survey results released Thursday from Atlantic Associates, an IT staffing company”.
Companies Caught Stealing Software
BSA has compiled a list of 12 companies which were caught using pirated software. In the jargon speak - “Twelve companies were fined by the Business Software Alliance last year for not playing by the rules of asset management”. (Here is the link to the site. If you don’t prefer the slide show and simply want to read the list, continue below).
Indian IT - Free Fallin?
- The Economist
Most foreigners visit Mysore to see its many
palaces, testaments to bygone royal splendor. But the city, south of
Bangalore, is also a good place to observe monuments to India’s modern
might.
One of its suburbs contains a lush campus with a collection of
futuristic buildings: the Global Education Center, one of the world’s
largest corporate-training facilities, operated by Infosys, a leading
Indian information-technology services firm.
Visiting the center, you would think that for India’s IT businesses,
the sky is the limit. Rarely has an industry grown so rapidly for so
long. It has boasted annual growth rates of nearly 30 percent in the
past 10 years, with revenues now nearing $50 billion, about 5.4 percent
of India’s GDP.
But some in India are starting to worry that the industry is heading
for a fall. At the very least, analysts say, the industry’s leading
firms — Tata Consultancy Services (TCS), Infosys and Wipro, to name
only the three largest — need to do more to adapt their business
models as the industry matures.