Saturday, March 11, 2006

IBM to move ALL solutions development operations to India

Just chanced upon this article in Information Week.
 
It says: "In a stunning example of how India has progressed from a country to which businesses farmed out routine programming and back-office work into a center for leading-edge innovation, IBM disclosed Wednesday that it is moving all of the design and development of its vaunted business consulting offerings to the fast-growing country..... 
 
 "IBM is on a hiring spree in India. The company currently employs about 39,000 workers in the country, up from 23,000 a year ago. That rate of growth should continue "for quite some time." .....

"IBM also hopes the initiative will give it a badly needed sales boost. The company's software revenues were flat in the most recent quarter, while services sales fell 5% year-over-year."
 
Read full story here

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