Lets kickstart with the much talked about deal in the recent past. The ABN-AMRO outsourcing deal. The deal approximately pegged at $2.2 Billion is spread across 5 companies managing different operations:
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1) IBM--> It will run the bank's main data centers, develop applications and manage bank employees' desktop, laptop and handheld computers.3 A& q# W3 Q+ K( a
2) Accenture--> Application Development# i! i) o0 T( I0 b; g4 E4 { g
3) TCS--> Application Development & Support
/ F, }; O6 C q" O* K4) Infosys--> Application Development & Support7 o3 ?9 G& ?5 `& l+ _" }
5) Patni Computer Services--> Application Development1 }+ {: w9 z9 a
" R N3 t; q3 @. @$ i. P. n; m! hNow this has resulted in the following turn-around as far as the employees are concerned:- I- n9 ?# E* p/ \2 L! R x% q
1) ABN-AMRO is all set to lay-off 1500 people.
9 J i' |! E$ v: y; P2) It will retain 1800 full-time IT staff. Transfer 2000 to the five IT vendors.9 I4 M$ N! ~/ G/ e& X
3) In turn with the order in the bag, the IT majors are all set to ramp-up their Indian operations.
4 J( X6 h+ @+ q# ^7 L* B4) Raw statistics provided tell that amongst this five IT majors the deal has created more than 30,000 jobs in India
: T M. u: j' u5) A flip side of this has inadvertently resulted in the wage-inflation and attrition rise" ` }) U- L: ?9 x4 m
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Analysts 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. |