bulbul Posted January 5, 2015 Posted January 5, 2015 The age of Analytics has arrived. In India and the world. But maybe that is because I am biased towards my line of work Analytics (Big data?) and Internet of things (mainly Industrial internet) are next big deals.
bulbul Posted January 5, 2015 Posted January 5, 2015 IT golden age?? Don't know when that was. The kind of work that Indian IT companies did, can not be passed on as the golden by any stretch of imagination. It has gone further down in last 5 years or so with clients in US/Europe realizing that they are robbed in daylight if they give managed services project. Now they do all their work in staff-augmentation work where role of indian IT companies has been rendered just as Body-Shoppers. Unfortunately most of the middle management to senior management happy to do that to meet their number and in process they keep ensuring that future is bleak. About middle management in Indian IT companies, one should be surprised by seeing majority of middle management not getting fired, instead of getting fired. It's such pathetic work culture and attitude problem. Once a person in 6-7 years of work-ex, he/she would do only managerial work which means basically nothing. They stop developing their skill set. In emerging operating model of staff-augmentation projects, client keeps management with them and would just take skilled resources or resources who can contribute in projects and that leaves these so called managers useless and jobless. Most of them need a good kick up their rear. No wonder TCS planning to fire them. Golden age in terms of jobs & pay check.Any engineering graduate who can learn couple of courses can land a good job which was rare in India decades ago. IT innovation is never our forte neither perfect copycats like China
randomGuy Posted January 5, 2015 Posted January 5, 2015 Golden age in terms of jobs & pay check.Any engineering graduate who can learn couple of courses can land a good job which was rare in India decades ago. IT innovation is never our forte neither perfect copycats like China Many companies have their own frameworks for developing diff. solutions (for BFSI, healthcare etc). That is all IT innovation. If you mean s/w like facebook, android etc, you require things like money for marketing, connections, money-rich domestic market etc. Just having an idea and developing it into a product is not enough.
bulbul Posted January 5, 2015 Posted January 5, 2015 Many companies have their own frameworks for developing diff. solutions (for BFSI, healthcare etc). That is all IT innovation. If you mean s/w like facebook, android etc, you require things like money for marketing, connections, money-rich domestic market etc. Just having an idea and developing it into a product is not enough. Disagree about money part in Facebook,Android etc...they are started in college dorm or garages just that Ideas were great and targeted towards young generation worked fine. What is BFSI ? Banking related?.....we didnt produced anh great idea which spread throughout world.Don the call productivity ideas as innovation.
Kalia_Test Posted January 5, 2015 Posted January 5, 2015 Being from IT Industry, I sometimes laugh at our arrogance...Indian IT Industry is what is called in Economics as 'labour cost arbitrage' ...>90% of what our guys do is mundane IT support, maintenance and some token development...We think all major Companies come to us for quality and our brains...fact is that we are cheap..period.. We are nowhere in IT Products or Innovation. In the Indian IT model, incremental revenue comes from ( ever increasing ) incremental cost. This will never result in mammoth organizations like MS, Google where you build a product and more licenses will not incur incremental cost... Have lot more to contribute but will do later
bulbul Posted January 5, 2015 Posted January 5, 2015 ^ i dont think we have arrogance.Narayana Murthy & remaining Infy founders knew quiet well they are more into service industry rather than product companies. Majority of IT innovations happened by 1970s (excluding Social media which is recent phenomena) so there is not much opportunity there any way. Even chinese companies like Alibaba,Baidu etc copied western companies.Also they had benefit of working inside great wall which i think no other country can emulate. So now its left to individual startups to provide innovation.our education system ia not capable of providing opportunity to creative talents.
randomGuy Posted January 5, 2015 Posted January 5, 2015 Disagree about money part in Facebook,Android etc...they are started in college dorm or garages just that Ideas were great and targeted towards young generation worked fine. What is BFSI ? Banking related?.....we didnt produced anh great idea which spread throughout world.Don the call productivity ideas as innovation. Being from IT Industry, I sometimes laugh at our arrogance...Indian IT Industry is what is called in Economics as 'labour cost arbitrage' ...>90% of what our guys do is mundane IT support, maintenance and some token development...We think all major Companies come to us for quality and our brains...fact is that we are cheap..period.. We are nowhere in IT Products or Innovation. In the Indian IT model, incremental revenue comes from ( ever increasing ) incremental cost. This will never result in mammoth organizations like MS, Google where you build a product and more licenses will not incur incremental cost... Have lot more to contribute but will do later There is some truth in this but you are devaluing Indian talent. The nature of IT work is tht most of it is mundane. But if was only abt the labor cost arbitrage n not abt quality, Indians will not be product heads n CEOs of these cos. (satya nadella n sunder pichai for ex.) A large %age of employees n managers in US too are Indians who were recruited both frm India n the US (When an Indian works on US salary, there is no 'labour cost arbitrage') When u think abt an instagram, twitter, facebook or a whatsapp, you will find tht there is nothing in these cos. that an Indian co. could not have easily made. There are inherent advantages tht especially the better cos. from the US have than cos. from other countries.
bulbul Posted January 5, 2015 Posted January 5, 2015 There is some truth in this but you are devaluing Indian talent. The nature of IT work is tht most of it is mundane. But if was only abt the labor cost arbitrage n not abt quality, Indians will not be product heads n CEOs of these cos. (satya nadella n sunder pichai for ex.) A large %age of employees n managers in US too are Indians who were recruited both frm India n the US (When an Indian works on US salary, there is no 'labour cost arbitrage') When u think abt an instagram, twitter, facebook or a whatsapp, you will find tht there is nothing in these cos. that an Indian co. could not have easily made. There are inherent advantages tht especially the better cos. from the US have than cos. from other countries. After companies became successfull everyone can say any body should have created these companies.Issue here is not with individual employees,its with companies.We didnt created IT product companies is a fact.Now every company requires different people for different roles.In a big product only people tequired for great work rest needed for normal work. So no one blaming IT employees,they are doing whats nest dor them and thier families,but in same time we cannot ignore the fact that we didnt made great products.Its norhing to ashamed people can always learn from mistakes.
G_B_ Posted January 5, 2015 Posted January 5, 2015 the rupee has depreciated enough for India to be buffered in both the BPO and IT sector It wont be the best of times but it wont be the worst either.
velu Posted January 5, 2015 Posted January 5, 2015 IT golden age?? Don't know when that was. The kind of work that Indian IT companies did, can not be passed on as the golden by any stretch of imagination. It has gone further down in last 5 years or so with clients in US/Europe realizing that they are robbed in daylight if they give managed services project. Now they do all their work in staff-augmentation work where role of indian IT companies has been rendered just as Body-Shoppers. Unfortunately most of the middle management to senior management happy to do that to meet their number and in process they keep ensuring that future is bleak. About middle management in Indian IT companies, one should be surprised by seeing majority of middle management not getting fired, instead of getting fired. It's such pathetic work culture and attitude problem. Once a person in 6-7 years of work-ex, he/she would do only managerial work which means basically nothing. They stop developing their skill set. In emerging operating model of staff-augmentation projects, client keeps management with them and would just take skilled resources or resources who can contribute in projects and that leaves these so called managers useless and jobless. Most of them need a good kick up their rear. No wonder TCS planning to fire them. cant agree more .. but in few MNCs work is more or less similar to what they do in US.. in my previous company manager is more like a technial lead who will be handling 16-20 resources and they too do some coding
Vilander Posted January 5, 2015 Posted January 5, 2015 I think reskilling in actual tech roles and salary cuts are the way out of this. But yeah in certain areas the role of solution consultant is over for instance all the cloud tech, but some industries are late adopters for cloud tech like for instance pharma, they will be growth areas. Many managers dont do any tech roles those are the ones that get thrown out, its unfortunate as many are forced to do it.
Desi Cartman Posted January 6, 2015 Posted January 6, 2015 my experience with Indian companies has been mixed With IBM (worked), Accenture, Infosys (customer), Wipro (Customer) etc: very poor as they are just providing support and for development, their engineers leave within 6 months of joining. The managers are sometimes aggressive to their own, even when on a call with the customers. Overall they are ok for support or smaller projects, for long term projects they usually dont do too well. With some other companies like Persistent: these are more focused on development for other companies, I had the opportunity to work there for 6 months and except the salary (which was still good by Indian companies level), I loved it. It was an Indian business run really well, employees treated with respect and they actually wanted to build something. I hear what some others have posted wrt development, but there are companies which are developing but for their clients and they are doing well. These companies will do well in the long run whereas support suppliers will gain/lose business depending on other options available and the value of Rs.
Detonator Posted January 6, 2015 Posted January 6, 2015 become a doctor :agree: it's already in the dork age :((
Khalpat Posted January 6, 2015 Author Posted January 6, 2015 http://timesofindia.indiatimes.com/tech/jobs/TCS-job-cuts-Trade-unions-crack-IT-code/articleshow/45770922.cms CHENNAI: The last bastion has been breached. The Indian information technology sector, which was untouched by trade union activity, is suddenly being targeted by both organised and unorganised groups. The trigger appears to be the decision of the country's biggest software services firm, Tata Consultancy Services, to send home "underperformers". First, it was a loosely knit Forum for IT Employees (FITE) that took to the streets of Chennai and Bengaluru to draw attention to the rights of tech workers at TCS. Now, the floodgates appear to have been opened with organised trade unionists like the left-wing CITU, right-wing BMS and INTUC jumping in. Political parties such as PMK have also asked for government intervention to protect jobs. "I believe the IT industry is due for unionisation though the employees themselves have so far stayed away from the trade union system due to fear of being black-listed. The industry was also given exemption from Industrial Employment (Standing Orders) Act," said Chandrika R, a researcher and coordinator of Tamil Nadu Labour, a blog on labour issues in India. Industrial Employment (Standing Orders) Act requires employers to define and inform workers of the terms and conditions of employment. While industry sources said the Act is not relevant to the modern services industry, activists said the absence of standardized hiring, appraisal and firing policy will make IT employers less accountable for their actions. As per Trade Unions Act, 1926, seven or more members of the union can submit their application in the prescribed form to the registrar of trade unions. The application should be accompanied by a copy of the rules of the trade union. The members need to be current employees of the establishment. Activists say reluctance of staff is the biggest problem in unionization of the IT sector. A few weeks ago, TCS said it would send home "non-performers". While agitating techies say TCS was sending home more than 25,000 workers, the tech giant maintains that it will send home not more than 3,000 techies as part of its "workforce restructuring". "Right now, our focus is to mobilize maximum signatures for our online petition addressed to the Prime Minister since we need collective strength and unity to consider forming a union in the future," said Parimala P, coordinator of FITE. A Soundararajan, general secretary of CITU, Tamil Nadu, said his union was aware of the happenings in TCS and has dispatched a few of its members to show support and solidarity to FITE. "We will sit down and discuss the issue with those involved and decide on further action," said Soundararajan. BJP-backed Bharatiya Mazdoor Sangh (BMS) officials said they would get a first-hand account from the affected TCS staffers. "We have to understand this sector and TCS. We will then mobilize people for the union, if need be," said S Durai Raj, secretary of BMS. Tamil Nadu state president of Congress-backed INTUC, G Kalan said that though the time is ripe for a trade union for the IT sector, one can take off only if employees cooperate. However, TCS, which is the eye of the storm, said, "As a performance-driven company, workforce optimization is a continuous process, which happens throughout the year, taking into account employee performance, business needs, and people's aspirations. This leads to some amount of involuntary attrition in the company. This is nothing out of the ordinary or a special situation for us to comment about." The company has a total hiring target of 55,000 professionals and is on track to meet it. IT industry lobby body Nasscom did not wish to comment on the matter. Trade unions involvement in IT industry will end this sector.
velu Posted January 6, 2015 Posted January 6, 2015 other side of the story is also true.. IT companies do abuse contract employees ( though only entry level engineers suffer )
bulbul Posted January 6, 2015 Posted January 6, 2015 http://timesofindia.indiatimes.com/tech/jobs/TCS-job-cuts-Trade-unions-crack-IT-code/articleshow/45770922.cms Trade unions involvement in IT industry will end this sector. Won't happen. But it will be fun though adding more politics into current politics going on in offices.
velu Posted January 6, 2015 Posted January 6, 2015 Sacked without valid reason: Woman employee gets Rs 12.5 lakh as compensation seagate i guess Read more at: http://www.oneindia.com/bengaluru/sacked-without-valid-reason-woman-employee-gets-rs-12-5-lakh-as-compensation-1552790.html
randomGuy Posted January 8, 2015 Posted January 8, 2015 todays news - Wipro wins $450 million contract from Swiss engineering giant ABB http://timesofindia.indiatimes.com/Business/India-Business/Wipro-wins-450m-deal-from-ABB/articleshow/45802769.cms few days back hcl had won $500 million deal iirc
vvvslaxman Posted January 12, 2015 Posted January 12, 2015 People are posting EXIT interviews online after secretly recording.
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