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Offshore Outsourcing Trends
from: John ParkerOffshore Outsourcing have become part of our everyday
vocabulary, and continue to be much in the news with conflicting
reports written on a daily about jobs from developed countries
moving to emerging markets like India, Brazil, Philippines and
China, a direct outcome of the trend. Despite being an issue for
political debate, a constant staple for news media, off-shoring
/ outsourcing continues to remain a rapidly growing practice for
companies under pressure to reduce product time-to-market,
upgrade technologies without compromising internal resources and
quality standards.
Some of the major trends in offshore software development
outsourcing are as follows: 1. More and more IT jobs will
move overseas in the coming years. 2. More corporate giants
opening dedicated software development centers in places like
India and Russia. 3. The gradual acceptance of Western
intellectual property (IP) standards. 4. Offshore sourcing moves
up the value chain. 5. Stratification of offshore countries
based on cost and skill sets.
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Outsourcing Software Development India News
Satyam Founder Sparks India’s Enron With Fake Reports (Update2) - Bloomberg
Jan. 8 (Bloomberg) -- Ramalinga Raju built Satyam Computer Services Ltd. into India’s fourth-biggest software maker over two decades. He undermined the company’s future with revelations that he overstated profit and falsified assets for years ...
Read more...Satyam accounting scandal shakes India stock market - Los Angeles Times
New Delhi -- One of India's largest technology outsourcing companies, Satyam Computer Services Ltd., on Wednesday admitted cooking its books and committing other financial wrongdoing to inflate profit over several years. The revelation shook India's ...
Read more...Regulators Begin Probe of Indian Tech Giant - Washington Post
NEW DELHI -- A day after the confession about financial fraud by one of India's largest technology outsourcing firms, the new chief of the beleaguered Satyam Computers said that the company faces a serious cash crunch but denied any prior knowledge ...
Read more...