Thursday, March 22, 2012

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Dell chalks out new BPO offerings, takes on Indian outsourcing firms

In a bleak environment where unemployment and sensitivity around offshoring are hurting the business process outsourcing (BPO) industry, IT giant Dell is readying an ambitious foray that will pit it against Indian outsourcing rivals in some of the largest back-office processes outsourced to third-party providers.

Once known for desktops and laptops and its direct selling business model, Dell has been beefing up its services portfolio by adding offerings since diversifying into software services by acquiring Perot Systems.

Ashutosh Vaidya, who joined Dell from Wipro to head its third-party BPO services nine months back, is adding final touches for the launch of four new backoffice services -- finance and accounting, procurement, customer interaction services and analytics -- slated for next quarter. Click here to read more.

Monday, March 19, 2012

iGate Patni plans to hire 1,500 for product engineering business

Technology firm iGATE Patni expects nearly 25 per cent of its overall revenue to come from the product engineering services (PES) business in 2-3 years.

"We expect almost 25 per cent of our total revenues to come from the PES business in 2-3 years. Currently, about 15 per cent of the revenues accrue from PES business," said iGate Patni Executive Vice-President and Head of PES Satish Joshi.

PES business provides end-to-end product development and product life cycle management -- right from research and evaluation, electronic and engineering design, up to sustenance and maintenance. The business caters to sectors such as auto, industrial automation and control, consumer electronics, mobiles and semiconductor.

Snapdeal to hire 500 people in 6 months; keen on acquisitions

eCommerce major Snapdeal plans to increase its headcount over the next six months by adding 500 people.

Snapdeal, which claims to have over 15 million users, employs about 1,000 people at present.

"We have seen 80-90 per cent growth in traffic month-on-month over the last three quarters. We have been gradually increasing the pace of hiring and over the next six months, we will add about 500 people," Snapdeal Chief Executive Director Kunal Behl said.

The addition would be done in the areas of engineering and analytics, he added.

Thursday, March 15, 2012

Layoffs hit again at Connexion Technologies

Connexion Technologies has laid off 232 workers – more than half its staff – in its second round of layoffs this year.


The layoffs by the company, which builds and manages telecommunication networks for residential communities, included the elimination of 106 employees in North Carolina, mostly at its Cary headquarters.

Connexion was founded in 2002 by former Cary Mayor Glen Lang, who remains CEO. The company had 455 workers before this week’s layoffs.

Does Cloud Really Matter for Your IT Job?

The job market is already warmed by the news about emerging job openings with cloud computing. Recently published Microsoft Corp. commissioned research from IDC analyst firm points out that cloud computing is to create over 14 million new jobs globally. New findings report that business that shifts to cloud can invest more time and money in innovation and job creation. While half of all new cloud-related jobs are centered in China and India, IT job hunters are seen relaxed despite of the Tech job cuts are happening in another side.

Though employment bright lining in cloud computing, a study by CSC, the IT Service Provider, indicates that 14 percent of companies reduced their IT staff after setting up cloud strategy. By embracing cloud computing, enterprises may need different types of IT professionals who are asked to manage vendor relationships, to work across departments and to help clients and workers integrate into the cloud.

The survey also found 20 percent of surveyed companies have actually increased their IT staff. It shows instead of a wholesale cut off or hiring, it depends how the enterprise works with cloud computing while cloud is meant only for a shift of responsibilities.

India job market prospects to improve in next quarter: Survey

The job market outlook in the second quarter of 2012 has improved in most countries, with prospects being the best in India, according to a survey by staffing services firm ManpowerGroup. A survey of 4,992 Indian employers showed that most plan to increase headcount in the April-June quarter this year.

India's seasonally adjusted net employment outlook for the second quarter stood at 44%, one percentage up from the previous quarter. Net employment outlook is the difference in percentage of employers who anticipate increase in employment at their location in the next quarter and those who expect a decrease.

It was 46% for the same quarter last year. The two sectors in India that may offer new opportunities are services (59%) and finance insurance and real estate (51%). While outlook in the services sector has improved by 9 points over the previous quarter, and 10 points over the year-ago period that of the finance insurance and real estate sector has improved by 6 points over the previous quarter.