How IT smes can become MNC's
The traditional outsourcing software services outsourcing model isn't actually dead, indeed its reported demise may forever prove to be 'highly exaggerated', as Mark Twain's was. However, there are distinct signs that the patient is not actually in the ICU. Smaller software companies, whether in Bangalore or Delhi, in the 5 to 50 crore range are struggling to survive, squeezed on one side by the declining dollar, and on the other, by the seemingly inexhaustible appetite of the big companies for sweeping up all the talent there is. Even the gaint like Wipro and Infosys are hit hard by the dollar decline- as this column predicted some months ago, the dollar's slide has proved to be more than a blip.
Meanwhile, BPO companies are seriously rethinking whether the India story make any sense any more...
and so on.
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Image and article source: Management Next
Article taken from the issue: December
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