IT Industry Stares At Jobless Growth

IT services industry is staring at jobless growth because its top employers are focusing on automation to improve productivity and deliver services while they battle shifts in technology to remain profitable.

Panel Discussion On Digital Transformation: Greyhound Research In Discussion With Dimension Data

Here is a quick glimpse of Sanchit Vir Gogia, Chief Analyst & CEO of Greyhound Research presenting on the topic of Digital Transformation at Dimension Data’s Shape The Next Leadership Connect Forum 2017.

Nasscom Pegs IT-BPM Exports Growth Rate At 7-8 Per Cent For FY17-18

Industry body Nasscom projected software export growth in fiscal 2017-18 at 7-8% in constant currency, down from 8.6% last year.

Reskilling: Indian IT Sector Starts Massive Effort To Learn New Tricks

How safe is the average Indian techie’s job? Between Donald Trump’s “Make America Great Again” push at one end and artificial intelligence-driven automation on the other, India’s most sought-after career for two decades is suddenly losing its appeal.

If Only India’s IT Companies Could Focus On Real Transformation Instead Of Appeasing Trump

On May 02, Infosys, India’s second largest information technology (IT) company, announced that it will hire 10,000 American workers over the next two years. Three days later, on May 05, Nasdaq-listed Cognizant Technology Solutions, which has a large presence in India, also revealed plans to significantly ramp up hiring in the US. if and when they do end up attracting talent, Indian IT companies may have to pay through their nose for it.

Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries

India’s famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US and European markets.

Trump Visa Crackdown Prods IT To Create US Jobs

With President Donald Trump making it abundantly clear that he will curb immigrant work visas to protect domestic jobs, technology outsourcing firms such as Tata Consultancy Services, Infosys and Wipro are focusing on localisation and hiring more Americans to serve their clients in the U.S.

Greyhound Radio with Rajesh Janey, Dell EMC

Catch Rajesh Janey, President and Managing Director, Dell Enterprise India, Dell EMC in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & Group CEO, Greyhound Research on our executive dialogue series, #ONTrigger.

Listen to the podcast here or on iTunes / SoundCloud:

Part 1 of 5

Realigning To New H1B Realities: Infosys Announces Hiring Plans For US

On May 2, 2017 Infosys announced plans to hire 10,000 American workers over the next two years. 

At Greyhound Research we believe, steps such as these by IT Services Providers eloquently tell a tale of the pressure they are experiencing under the new Trump administration.

Greyhound Radio: Bringing Digital Transformation Home

Below is the replay of a recent Panel Discussion led by Sanchit Vir Gogia on the topic: Bringing Digital Transformation Home at Dimension Data Leadership Connect 2017.

Listen to the podcast here or on iTunes / SoundCloud:

Prefer seeing the video? No Problem! Click the TV icon at the end of this sentence to watch the replay in video format on Greyhound TV.    desktop

Greyhound TV: Bringing Digital Transformation Home

Below is the replay of a recent Panel Discussion led by Sanchit Vir Gogia on the topic: Bringing Digital Transformation Home at Dimension Data Leadership Connect 2017.

Watch the video here.

IT Firms Find Ways To Counter Visa Curbs

The software industry is facing mounting challenges as countries from Australia to the United States have moved to tighten work visas to limit the influx of foreign workers.

Irony Of H-1B Visa Policy: Jobs Trump Is Trying To Protect Are About To Vanish Altogether

American President Donald Trump’s policy to protect jobs by imposing restrictions on H-1B visas is unlikely to be of any help to that country and may hurt US interests, say experts. What Trump is seeking to protect are entry level jobs that are being phased out by the tech majors, with automation, artificial intelligence and robotics paving the way to increased productivity.

Catch Greyhound Research at Dimension Data Leadership Connect 2017

Catch Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research at Dimension Data Leadership Connect 2017.

What is the event about?

We are experiencing unprecedented change and disruption in the industry today. Business and technology paradigms are changing at a pace that has never before been seen and the innovative use of technology to adapt to these changes is becoming the only way forward.

To address this change, Dimension Data is organising the Leadership Connect, a gathering aimed at bringing together CxOs involved in Digital Transformation journeys.

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Fireside Chat Topic: Bringing Transformation Home

Greyhound Research’s Chief Analyst & CEO, Sanchit Vir Gogia (SVG), will be at the event to share insights on Digital Transformation from across the globe and in the region. Separately, SVG will chair a fireside chat session (participants below) on how can CxOs tailor Digital Transformation for their respective organisations.

Have a question for SVG?

Tweet to us on @s_v_g@Greyhound_R or email us on connect@greyhoundgroup.com and we’ll get the conversation brewing!

When & Where? 

April 19, 2017, Mumbai

April 20, 2017, Bengaluru


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Era Of AI: Infosys’ Mana Eliminates Need For Lawyers To Process Contracts

Infosys has deployed its artificial intelligence (AI) platform ‘Mana’ to process contracts for a bank in Asia that typically needed a team of 10-15 dedicated lawyers.

H-1B, Singapore Protectionism: Calm Down, This Is No Do Or Die Battle, Indian IT Has Weathered Bigger Storms

With the latest missive from the Donald Trump administration on H-1B visa, cautioning companies against misuse, the immigration issues of the Indian IT sector are back in news. And it is not the US alone that is drumming up protectionism for political gains. However, industry observers say that Indian IT services companies are resilient enough to weather such issues.

Trump Begins Clampdown On H-1B Visas

In a fresh blow to software professionals, the Trump administration has moved to bar entry-level programmers from the H-1B visa programme.

Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up

Cognizant, the New Jersey-headquartered software services company with most of its operations in Chennai, is likely to lay off 6,000-10,000 “ redundant and non-performing” employees.

Infosys Governance Row: Are Indian Cos Not Ready To Accept Global Talent Yet?

Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. The founders have lashed out at Vishal Sikka, CEO and the board via a letter that highlights possible corporate governance issues under the new management. While no facts have been presented until now, additional news material was floated this morning with some strong commentary from none other than NR Narayana Murthy himself.

H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?

Donald Trump’s efforts to limit the number of temporary workers in the US will dent India’s software industry.

Infosys Governance Row: 10 Points To Ponder

Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. Founders have lashed out at Vishal Sikka and the board via a letter that highlights possible corporate governance issues under the new management. While no facts have been presented until now, additional news material was floated this morning with some strong commentary from none other than NR Narayana Murthy himself.

New H-1B Visa Announcement: Skills Not Salary The Trump Card

On 31 January 2017, an announcement impacting H-1B visa programme has been made by the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the minimum wage requirement of H-1B visa holders has been more than doubled to USD 130,000. At Greyhound Research we believe this is a significant announcement by the newly appointed Trump administration. While changes were expected under the new President, the suddenness and the order of the announcement has surely caught IT Services Providers across the globe by surprise.

Chandra-Gopi Combine Could Bring Tata Tech Units Under TCS

Rajesh Gopinathan, who will take over as the CEO of Tata group crown jewel Tata Consultancy Services on February 21, has big shoes to fill. But experts believe the 46-year-old will bring freshness into the company at a time when technology trends are shifting at an unprecedented pace.

New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit

The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals.

Five Reasons Why Ratan Tata Picked N Chandrasekaran For The Top Job

Of all the possible candidates, the credentials of TCS’ N Chandrasekaran was hard to be ignored for panel.

With Growing Protectionist Sentiment, Indian IT Service Providers Face A Bumpy Road Ahead

January 20, 2017, will mark the commencement of the four-year term of Donald Trump, the 45th President of the United States. Since his presidential election win on November 8, 2016, many quarters of the global industry have been abuzz with possible outcomes of the protectionist sentiment in the US – a key pillar of Donald Tump’s campaign. Here’s what we at Greyhound Research, the Technology Transformation Research & Advisory arm of Greyhound Knowledge Group, believe will be the impact on the Indian IT Services firms.

Tough Road Ahead for IBM India Chief

IBM’s two major global bets — cloud and cognitive — are also the two weakest areas for the computing giant in India, where it seems to be struggling in a highly competitive market. Will the new India MD be able to get the company back on track?

Outlook 2017: Tech Industry Faces A Volatile Year Ahead

“2017 is going to be a volatile year for the Indian IT industry,” says Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research. “The pace of technological changes is very high and it will lead to substantial job cuts. The companies will try to be a lot leaner,” predicts Gogia.

Indian IT services companies have been facing competition from upstart players with highly specialised skill sets based in advanced markets, especially in areas such as cloud services and analytics. The cash-rich Indian IT companies are responding to this by acquiring companies overseas and thereby enhancing capabilities. Wipro spending nearly $1 billion in acquisitions last year is a case in point. In 2017, we are likely to see big boys of the Indian IT industry loosening their purse strings to make large acquisitions. “They will look at companies with sizeable revenues,” says Gogia.

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Whilst Transforming Clients, IBM India Must Also Transform Within

On January 4, 2017, IBM India named Karan Bajwa as the new Managing Director. He takes over the reigns from Vanitha Narayanan, who has now been appointed as the Chairman. Per the announcement, this change is effective immediately; both Karan and Vanitha will report to Randy Walker, Chairman, IBM Asia Pacific.

At Greyhound Research we believe while the company is in great hands with both Karan and Vanitha at the helm, significant challenges lie ahead for them and the broader management team at IBM India. Here’s why.

David Kennedy Exits Infosys Whilst Indian IT Service Providers Battle Protectionist Sentiment

On December 31, 2016, Infosys announced a sudden exit of its General Counsel and Chief Compliance Officer, David Kennedy. While no reasons have been cited by the company, per the terms of exit, Kennedy will receive aggregate severance payments of US$ 868,250 along with reimbursements for COBRA (insurance) continuation coverage over a period of 12 months.

Infosys’ Rs 5.9 Cr Severance Pay To Kennedy Bid To Play Safe With Trump

IT major Infosys’ Rs. 5.9 crore ($868,250) severance pay offer to outgoing General Counsel David D Kennedy is a move to play safe with  Donald Trump administration in the US, say experts.

Flashback 2016: Year Of Uncertainties For IT Sector

Information technology industry strived to find newer opportunities and markets in 2016 as geopolitical uncertainties, a challenging business climate and technological shift clouded outlook.

Tough 2016 For IT, Tougher Year Ahead

For India’s export-focused software services sector, 2016 was a tough battle. The information technology (IT) sector had to reduce growth numbers for only the second time in a decade, the first being after a US  recession triggered by the Lehman Brothers collapse. This time, they faced challenges due to automation and shifting investments in digital, the UK’s exit from the European Union and an unexpected victory for Donald Trump in the US presidential election.

India’s HCL Technologies Counters Trump-Led US Protectionist Sentiment

On Dec. 8, thousands of supporters in a packed hall in Des Moines, Iowa vociferously cheered President-elect Donald Trump as he reiterated his campaign promise to bring back home millions of jobs that Americans have lost to foreigners.

Wipro To Pay $5 Mn To Close Six-Year-Old US Securities Probe

Software major Wipro said it had agreed to pay a civil penalty worth $5 million to the US Securities and Exchange Commission (SEC) to resolve a six-year investigation on account of embezzlement of funds by an employee.