11th
October
2007
Source:sify.com

A shortage of computer science PhDs in India threatens the country’s role as the world’s IT services outsourcing hub, the chairman of Microsoft India said.
“It’s an incredibly urgent and important issue,” Microsoft’s Ravi Venkatesan was quoted as saying by the Financial Times Thursday.
“It affects the pipeline of future talent because teaching institutions aren’t getting enough qualified faculty and, of course, if you really want to do cutting edge innovation in computer science, you’re restricted by the pool of talent out there.”
India’s universities produce only about 35 computer science PhDs a year compared with about 1,000 in the United States.
Venkatesan said Indian corporate strategies to rely on the difference between Indian wages and those in developed markets are not sustainable because Indian entry-level IT salaries - currently about half those in the developed world - are increasing about 15 per cent a year and will be on par with the developed world within the next seven to eight years.
“It’s inevitably a matter of time before these wage disparities disappear and the only thing that’s going to matter is the quality of ideas coming out of an employee,” Venkatesan told the newspaper.
However, he said the industry could buy time by becoming better at training people.
P. Anandan, managing director of Microsoft Research India, said that the gap in the meantime could be plugged by Indian PhDs coming back from abroad.
“In computer science, probably about a quarter of PhDs that come out of US universities are of Indian origin,” he said.
posted in Outsourcing News and Top Outsourcing deals, Outsourcing to India |
11th
October
2007
Source:www.zdnetindia.com

Sterlite Optical Technologies has announced that it has been nominated once again to the ‘Top 100 Tech Companies’ list published annually by EFY Magazine, India.
The EFY 100 Program recognizes the progress made by technology companies in India, based on their annual revenues and net profits for the last three financial years. Sterlite has moved up by 16 places to the 35th position in FY 2006-07 from its 51st position in FY 2005-06.
Says Pankaj Khanna – COO (Telecom), Sterlite Optical Technologies, “With the technological edge that Sterlite has by virtue of being a fully integrated optical fiber manufacturer, Sterlite would continue to develop products and integrated solutions to meet telecommunication and broadband network requirements.”
posted in Outsourcing News and Top Outsourcing deals |
11th
October
2007
Source:www.allheadlinenews.com

As one of the pioneers in tactical offshore outsourcing of software services, Infosys, started this week its second staffing-search round.
Included with list of places the firm technology giant is targeting to find potential employees are Kings College London, University College London and Warwick University.
While Indian firms have been developing rapidly, companies are turning their target overseas with regards to employment for the reason that they are still pressured to look for skilled and tough professionals at home to keep their business growing.
As a piece of its global hunt, Marco Cullen is one of the twenty-five British students that Infosys has hired.
“You get that kind of global experience that you wouldn’t really get even if you worked for a global company back home,” Cullen says.
Cullen had applied to different great companies and was even offered for a job at British Telecom - but took Infosys opportunity for the company’s worldwide publicity.
Infosys Technologies Ltd., provides consulting and I.T. services to clients internationally - as partners to conceptualize technology driven business transformation projects with over 75.000 staffs globally.
“All of your colleagues would be from your hometown and your area. It’s a completely different job market here - and you get to see how things work in a new environment,” Cullen concluded.
posted in Outsourcing News and Top Outsourcing deals, Outsourcing to India |