Lets kickstart with the much talked about deal in the recent past. The ABN-AMRO outsourcing deal. The deal approximately pegged at $2.2 Billion is spread across 5 companies managing different operations:4 {3 z1 U6 p- k! N& S" |) W
/ ` c( D' d6 y4 x8 v6 S1) IBM--> It will run the bank's main data centers, develop applications and manage bank employees' desktop, laptop and handheld computers.: V/ Y+ T h: j. s/ m
2) Accenture--> Application Development. p# ~- x9 e" y; j' r7 \) @: q
3) TCS--> Application Development & Support
?& ^4 @/ X. a, n7 {% Y4) Infosys--> Application Development & Support& x. g+ T6 @( W
5) Patni Computer Services--> Application Development3 |( y9 Y# R) r, k! L1 q: m, w
& V! ^0 c t( {) b q/ yNow this has resulted in the following turn-around as far as the employees are concerned:! _$ g& U* }3 h
1) ABN-AMRO is all set to lay-off 1500 people.5 @' g0 J0 @/ ~3 B1 ^: H0 L( s
2) It will retain 1800 full-time IT staff. Transfer 2000 to the five IT vendors.9 x. {- O5 _3 W, e
3) In turn with the order in the bag, the IT majors are all set to ramp-up their Indian operations.
; J7 i# A+ M y6 K# M4) Raw statistics provided tell that amongst this five IT majors the deal has created more than 30,000 jobs in India
: \5 y1 v! W R; j5 {5) A flip side of this has inadvertently resulted in the wage-inflation and attrition rise
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- F1 B+ u1 d1 L- AAnalysts believe that this is just a tip of the iceberg. More is yet to come. In the coming blogs we will see more case examples and their effects. |