Recession wipes out Business Case for Offshoring
Tags :
Recession, Global Meltdown, IT Services, Global Teams, Offshoring, Outsourcing, Indian IT industry, China IT, IT Industry, Information Technology Industry, IT market, IT Costs, IT Global, offshore outsourcing, IT outsourcing, Outsourcing services, business process outsourcing, business outsourcing, IT consulting, BPO
Industry :
IT Services, Technology Consulting
Functional Area : Outsourcing, B2B Sales |
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About "Recession wipes out Business Case for Offshoring" topic:
Recession is a concern for everyone in nearly every industry-fear of lost jobs, foreclosed homes and bankrupt businesses. Lets discuss what roles will recession play in offshoring and its impact on outsourcers.
6 insight
, 7 debates
, 3 idea contests
, 3 question
on topic: "Recession wipes out Business Case for Offshoring"
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1
Data Security
2
Virtualization
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anup
| Supported idea
"Data Security"
| 2 years ago
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Security absolutely .. whether you are going virtually or physical hardware or cloud doesnt matter. there always is and will be a great threat to data. and specially now with advanced tools available through open source, security for some org's...
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Saud Rehman
| Supported idea
"Embedded Technologies"
| 3 years ago
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I kinda support embedded technolgies because they are almost ubiquitous and new products just keep getting developed and maintained and redesigned and ported and tested. So i think if you see work wise there is hardly any saturation point.
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Ideate: "Recession Proof Technologies" deleted from your view.
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Yes
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7
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6
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No
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Sambit
| Argues in support of
"Yes"
| 2 years ago
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We have a huge market opportunity in all types of games and genre. the market is sound and responding. So we can beat the recession.
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Jitendra Khare
| Argues in support of
"No"
| 2 years ago
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How will it be. Compiter online games cannot help us boost in this economic recession. I do not agree with your comment. Economic reforms are required instead of on line games. You cant sit and play on line games during recession time.
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shikha jain
| Argues in support of
"Yes"
| 3 years ago
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According to my perception games industry will be helpful for dealing with such kind of difficult situation somewhere because by developing knowledgeable games not only people will get employment but it will helpful in boosting people's...
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Debate: "Does online computer games going to be help us boost in this economic recession?" deleted from your view.
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1
rupee to $ difference
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goras can't match asians
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Rahul srivastava
| Added idea
"hire & fire policy"
| 1 year ago
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maximum of companies need some basically strong individuals in their areas to support them better they can't give them direct job so they place the persons on the basis of their work requirement with a legal document.when the need becomes over...
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Shanmugasundaram
| Supported idea
"goras can't match asians "
| 2 years ago
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We are the Only country in the world has lots of Clerical man power who will do outsourcing job with less cost..So no one can change it..
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pradeep
| Supported idea
"rupee to $ difference"
| 3 years ago
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first and the foremost reason is the rupee to $ difference inj addition to that we have various reasons like .... recruiting employees and giving them training is time consuming and also needs lot of finance in the base country, which most of the...
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Ideate: "Why outsourcing can't be stopped?" deleted from your view.
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If Vibrant Gujrat Kind of model is followed all over India--YES
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9
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1
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This is far Bigger problem to be solved by such measures-NO
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Darshil
| Argues in support of
"If Vibrant Gujrat Kind of model is followed all over India--YES"
| 2 years ago
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This recession can be an opportunity to India. Today investors have withdrawn their money from all the emerging markets in the world. The money has not vanished overnight but it has found a safe place in their home of the investors. Now the...
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Prakash Saitwal
| Argues in support of
"This is far Bigger problem to be solved by such measures-NO"
| 3 years ago
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The resolution of converting The Recession situation into opportnity to showcase the Real Strength of India is a welcome idea. That is the RIGHT APPROACH. With (1)Innovation in product services (2)Reaching out to customers (3)cutting the...
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alok jain
| Argues in support of
"If Vibrant Gujrat Kind of model is followed all over India--YES"
| 2 years ago
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Offcourse recession is just like eyecatching on markets weakness strengths.It given opportunities for middle class businessman , foreign traders and specially the Masters from buisness schools so they can easliy analyse market and make their...
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Debate: "Recession-Can we convert it into opportunity in India?" deleted from your view.
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President Barack Obama presents his first budget proposal to Congress Thursday, and administration officials say it will seek a $634 billion fund for health care reform as well as cuts in some programs. The president has said he intends to cut the U.S. government's budget deficit in half in four years, despite the need for large amounts of new spending in attempts to reverse the country's economic decline. On Wednesday, President Obama called for new, stronger regulation for the financial industry after meeting at the White House with Treasury Secretary Timothy Geithner and the top members of two Congressional financial committees. Mr. Obama said part of the reason for the current financial...
Insight: "Obama to Present First Budget to Congress" deleted from your view.
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(rate this)
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Yes
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5
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VS |
9
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No
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Saurabh Agarwal
| Argues in support of
"No"
| 2 years ago
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I dont think this will have any impact on business as we r still going through the recession phase... and if american wants to payy for bread and butter they nedd to provide business to India or china...They prefer to have it in India because of...
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Ajay Mantha
| Argues in support of
"Yes"
| 3 years ago
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The statements during election can't be taken seriously, I agree on this but it will give an probable indications on the future course of events. Moreover, with recession looming large over the US economy and the resulting rise in unemployment,...
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Vikash Jaiswal
| Argues in support of
"No"
| 3 years ago
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With his(obama) conservative stance on outsourcing and the current global financial mess, we will see a negative impact on offshoring in the short term but in the long run we will see more offshoring. They (US) don’t have that many engineers. How...
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Debate: "Will the new American government affect the IT industry??" deleted from your view.
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RAMESH KANDADAI
| Answered
| 2 years ago
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As long as the dollar to Rupee difference holds where it is, india will remain one of the choice destination for outsourcing. The only issue there is that many inefficiencies are hidden by the dollar rupee convertibility. I do not see the...
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Mukti Barai
| Answered
| 3 years ago
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Indian offshoring is expected to grow from current USD 1.4 billion to USD 4.2 billion before year end 2010. Zinnov, a management consultancy outfit, forecasts Infrastructure Management Services IMS to be the next big growth Indian offshoring....
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Answer: "IS there any more growth prospects in indian Offshoring or is it the end of the game!" deleted from your view.
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Subrahmanyam P
| Answered
| 4 years ago
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Yes, as with all products and service, the offshore outsourcing paradigm is following the normal life cycle curve. Consolidation and customer/vendor maturity is imminent. There are, of course, barriers that still need to be crossed such as...
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Answer: "Do you see maturity in Offshoring model?" deleted from your view.
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(rate this)
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Yes
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3
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1
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No
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Sayan Chakraborty
| Argues in support of
"Yes"
| 3 years ago
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I can simply say. Yes they do have ample opportunity. No way we can say they dont have. But language is certainly a concern point.
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Navin Chand
| Argues in support of
"No"
| 3 years ago
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Chances are ample but Indian IT industry should have s different mindset and move from being transactional to transformational in their approach, and be ready to invest in strong relationships upfront. The alternative markets to the US and the UK,...
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Debasish Deb
| Argues in support of
"Yes"
| 3 years ago
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yeah definitely, Som Mittal, President, Nasscom, said, The Indian IT-BPO companies are fast diversifying into near territories and opening up new opportunities for growth. Currently, 90 per cent of the exports happen to the US and Europe, with...
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Debate: "Does Indian IT industry have a booming opportunity in Japan?" deleted from your view.
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Data Everywhere !!!
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Web/Graphics Design
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Ranjeet Kumar
| Supported idea
"Data Everywhere !!!"
| 1 year ago
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Data is always the big thing. Data Management will always be in demand. Changing regulations, changing business rules all impact the data. Data knowledge with industry knowledge is great combination.
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Leena Pawar
| Supported idea
"Web/Graphics Design"
| 2 years ago
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Hi Smitha, well said. Web and graphics nowadays are involved in almost every field. So if recession affects one sector the other sector will help us. This is considered to be the best profession compared to other. :)
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Ideate: "Which tech jobs are recession proof? And why ?" deleted from your view.
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Hyderabad June 7: Bulls may be loading up stocks and nudging up the Sensex in anticipation of fresh economic reforms by the UPA Government, but recessionary fears continue to cast a gloom in the job market, especially for the fresh MBA pass-outs this year. Despite some recent positive signals in the recession-hit economies, fresh MBA graduates still have to deal with constricted campus placements and lower availability of jobs. A survey by the Hyderabad chapter of the Indian Institute of Management (Ahmedabad) Alumni Association has shown that so far hardly 20 to 30 per cent of the pass-outs from the 90-odd MBA colleges in Hyderabad this year have been able to land jobs. “It is a more or less similar story elsewhere in the country. Campus placements have dwindled beyond expectation,” the alumni association says. Collecting data from the 90-odd MBA colleges in Hyderabad, the association points out that 20 to 30 per cent of the 10,000 graduates who passed out this year have been...
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