Thursday, September 14, 2006

Rather a Late wake up !

International Business Machines (IBM) , Accenture IT consulting and Electronic Data Systems (EDS) are direct competetitors in american IT consulting market and on global basis too, apart from facing competetition from Indian Cos on outsourcing. In the BPO war, Accenture is the late one to enter cheaper destination - India but, I would say it is the one who captivated on this earlier and faster ! As IBM saw Accenture growing in sub-continent, it too pulled up the sleeves. IBM has grown from mere 6,000 employees in 2001 to 43,000 employees now in 2006 which includes their bought out companies in the last two years (like Daksh).

EDS which is the one who started IT outsourcing much earlier than other two bigges, in the days when it was not even called outsourcing. Almost a decade now since EDS been in Indian soil and the employee headcount stand 2,500 at the beginning of 2006. What a difference ? Continuously posting lossess in revenue due to few wrong judgements with the contracts pushed EDS to a shell that it didn’t captivate on the offshoring benefit.

Now resurrecting slowly, EDS too jumped into increasing the headcount in India. But, indian IT market is more volatile (now !) than the melting ice or burning camphor that it couldn’t balance between hiring and attrition. And, to match up with fellow bigges who have mammoth difference in headcounts, definitely hiring over the weekedays + weekends not going to help.
Mphasis !!

EDS purchased 62% stake in the Indian Outsourcing company which has about 15,000 employees and initiated a merger involving EDS and Mphasis. Anything more on this deal or whats in store for employees of mphasis or EDS or what changes on corporate world… Wait for corporate release from EDS's Jeff Heller or Mike Jordan from the Plano (Texsas).

2 comments:

Hell's Angel said...

I know EDS is Electronic Data Systems..thts it.. And i know a guy working there..:-D

Karthik Srinivasan said...

IBM increased in strength becoz u left it long back and saved the comapany.. EDS is still slow moving becoz they have recruited guys like u!!! :P