Build your professional network on facebook via our app Go to app
 
<< Prev  12 of 19 in Topic  Next >>
Topic : Impact of recession on IT sales
  Rate : 
 

what measures are IT companies taking to fight Recession? Are they successful or not?

Created by : Prashant Sharma, Executive-Strategy Planing & Distribution, INX NEWS Pvt. Ltd.  | 09 05 2009 08:04:12 +0000
Industry : ITES / BPO / Customer ServiceFunctional Area : India(Markets)
Keywords : recession it industry fight recession
Activity:  416 views;  last activity : 07 06 2010 20:18:09 +0000

Scenerio and strategies adopted by ITES Industry to fight recession.

  
Share
 
 
  Rate : 
 
 
Yes Vs No
3
 
 
 
 
0
2
0
Support   Support
Top Argument
1
0
I think the cost-effective solution is to get repeated and referral sales from your existing clients. You dont have to hunt for prospective clients, if your existing clients are happy with what you offer
By Kiran Narendran, Product Manager, QBurst Technologies  02 25 2010 06:16:19 +0000
 
0
0

There are confirmed reports that IT budgets in a number of industries in the US and UK, have been nearly halved. A number of Indians in the US have been sent back, after project cancellations, lay-offs etc. Recent survey from Reuters has also proved the recession that we all are going to witness. Unlike the previous one, which lasted for just 8 months, this one is expected to last longer.On one hand, even though some services companies are happy for the fact that they have managed to increase their H1B pool, this recession may literally suppress all this happiness straight!

 just like US Houses price drop, we are likely to see a price drop here as well. (How in the world an IT guy will be able to pay back huge home loans if his job has no future!). It will be interesting to see what strategies our services companies adopt to overcome recession and also stay profitable at the same time. Let us wait and watch.


By Prashant Sharma, Executive-Strategy Planing & Distribution, INX NEWS Pvt. Ltd.  | 09 05 2009 08:04:12 +0000
Argue for "Yes"
Argue for "No"
 Found the debate "what measures are IT companies taking to fight Recession? Are they successful or not?"  interesting ?  Suggest to your connections and communities  
Career Portal For IT Products Sector!
SAP BASIS, "Architect", "Solution Architect", Client of Han Digital Solution
DFT Lead /Manager (7+yrs) Client of Han Digital Solution :Bangalore
SAP, Professionals, Client of Han Digital Solution
Viewers also viewed
All other industry seems to be in recession other than Telecom Industry. Do you agree that...
 
2 referals 54 arguments, 3656 views
We are living in a fast world. People fall in love fast and get separated faster. Why can’t...
 
1550 referals 30 arguments, 429 views
more...  
Recent Knowledge (5)
These days as I switch on the tv or radio or look at a hoarding I do feel that power of ads I...
 
3004 referals 23 arguments, 482 views
C vs B
 
0 referals 3 arguments, 51 views
I am associate of prajapati association and i am working for BJP from year 2005 to till date....
 
0 referals 3 arguments, 111 views
more...  
Sponsored Jobs
More From Author
First try to feed our own people then think of feeding the rest. Gone those days when India was self dependent on agri production..it's been evident from soaring prices of essential commodities dependent on agri products that production is not going...
In our, midsize IT organization, we are using MS Dynamics CRM and I’m looking forward to get some Competitor related Analytics out of it.  Need some ideas from all to look at the Best Practices/ Suggestions for the same.  Current Proposed...
Scenerio and strategies adopted by ITES Industry to fight recession.
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •