Slashdot Mirror
The Future of Outsourcing in India
aaditeshwar writes "Economist has an article on the current and projected state of outsourcing IT and other business processes to India. The biggest problem seems to be that the talent pool of skilled workers will not able to keep up. Currently there are about 700,000 people working in IT and outsourcing, which is likely to grow up to 2.3 million by 2010, but only 1.05 million new graduates will qualify from local colleges in the next 5 years leading to a shortfall of 500,000 workers! All this despite the fact that almost 2.5 million students graduate in India each year." From the article: "In IT the growth in Indian exports is expected to come both from the software market, and from 'traditional IT outsourcing'--such as the remote management of whole systems, a market now dominated by the big global IT consultancies. This is expected to rise from 8% of Indian sales now to about 30% in 2010, while software-development's share will fall from 55% to 39%. In business-process-offshoring, the big industries will remain banking and insurance. But rapid expansion is also expected in other areas, like legal services."
that they start outsourcing journalism to india
And I've recently decided that my management was too expensive so Ive outsourced it to India.
I understand there are other countries that are catching up as well in the area of skilled IT workers and solid educational facilities to prepare budding technologists for the market. Infrastructure is almost there, although cell phone capabilities aren't quite on par with the rest of the world. There are also some rolling power outage issues as well in the western corner of the country. But, it's only a matter of time before the salary dfiferential makes outsourcing to this country attractive.
They seem anxious to have a recovery in domestic employment market growth. They haven't seen significant growth in the domestic labor market for hundreds of years. The pieces seem to be almost in place for the Nacirema to start benefiting from IT outsourcing just like India and other parts of the Far East.
I'd think the people you are trying to hire are better at curry than you are. Mmmm... curry.
I'll never make that mistake again, reading the experts' opinions. - Feynman
They were old buddies from Engg college, and they were together for a college reunion..
For no apparent reason, they went into this zoo and passed a monkey.
Being in the same business and from the same college, there was a little bit of a peer competition going on between themselves - they couldn't resist testing themselves against each other -
especially the Infosys guy said to the others: "Why don't we prove who is the best among ourselves?". Why not, said the other two.
The Infoscion said "Let's have a test. Whoever makes this monkey laugh, works for the best firm".
By mutual agreement, the Infoscion took the first turn. Being a pure logical strategist, the Infoscion tried to make the monkey laugh by telling jokes. The monkey stayed still.
As a more practical consultant, the Wipro guy tried to make funny gestures... no good, the monkey stayed put...
Now, comes the IBMer... being the practical guy he was always trained to be, he whispered something into the monkey's ear, and it burst out laughing at him.
The other two were astonished. How did this IBM guy manage to beat them?
No way they were going to accept defeat so easily. So the Wipro guy said "OK, let's take another test. Let's make this monkey cry! !"
So there they went again, applying! the same methods as before.
The Infosys guy narrated sad stories, the Wipro guy made sad gestures,and they failed again... Then, the IBMer again whispered something into the monkey's ear and lo! It started crying, patting the IBMer's shoulder!
The other two just could not believe their eyes! So the Infoscion said "OK, you've won twice. If you can win just this one, we will bow to you. Let's make this monkey run". And he barked at the monkey and ordered him to run. Of course, it stayed where it was.
The Wipro guy, true to his type, pushed and prodded the monkey - still No go.
So...here comes our IBM guy, again, and whispers into the monkey's ear. The monkey just takes off! It runs and runs as fast as it can, as if it was scared to death!
The other two surrendered. Said they: "OK, we give up.You're the best among us, and you work for the Best firm of the three.
But please, please tell us your secret," they begged him.
"Well", said the IBMer, "The first time I made it laugh, I told it I work for IBM.
The next time, I told the monkey how much I get paid...so it started crying.
And finally I told him that I was here for recruitment.
And by Eastern Europe I mean former Soviet Block countries & their neighbors.
Translation:
In Soviet Russia Companies Outsource YOU!