IT
India’s Tata Consultancy Services to double Latin America sales
India’s top software service exporter, Tata Consultancy Services Ltd (TCS), sees Latin American sales more than doubling by 2015 as the company targets one of the world’s fastest growing regions. TCS, which is owned by India’s biggest industrial conglomerate, provides IT, consultancy and outsourcing services in Mexico, Argentina, Chile, Uruguay, Brazil, Ecuador and Peru. “We [...]
Indian Companies See Growth Opportunities In Latin America
Latin America gets almost zero coverage in the Indian media, who is affliced with extreme ‘SouthAsianitis’ in their news coverage. Many Indian executives have never seen a visual of the region. The occasional coverage is the annual carnaval in Rio, the World Cup every 4 years featuring plenty of LatAm teams, and the anti-yankee rants [...]
Chile’s Silicon Valley
BusinessWeek The information technology industry is constructing a new research and development hub for software: Santiago, Chile. The Latin American capital has the attributes that have made emerging markets attractive to outsourcers, such as cheap wages; dependable, state-of-the-art infrastructure; and government incentives. While Chile’s small labor force will hinder its rise, the country also boasts [...]
Congress may push India’s IT firms to Mexico with H-1B
ComputerWorld As Indian firms fight the threat of H-1B restrictions, IT services companies might not leave their fate to politics. In an effort to reduce their need for visas, they may look to increase their presence south of the border. Indian IT firms have boosted operations in Mexico in recent years to serve Latin American [...]
Latin American offshoring drives gains amid crisis
Forbes.com On the sixth floor of one of Managua’s only high rises, young men and women spend hours on the phone in fast-flowing English. Televisions flash MTV and soccer, and walls of windows give a sweeping view of the city’s volcano-rimmed lake. Calling in are customers from across the U.S. with questions about their mobile [...]
Nuevo paradigma de relaciones entre India y Argentina
Ambassador Viswanathan writing about the “new paradigm of relations”, in advance of the upcoming Argentine presidential visit to India, which has been postponed in light of PM Singh’s heart surgery. Key takeaway is Argentina with almost the same land area as India (only about 10% less), and population equalling that of Delhi, Mumbai, Kolkata and [...]
India: Toward High-End Outsourcing
Vivek Wadhwa writing in BusinessWeek Indian outsourcing industry has entered a new era of growth. Infosys (INFY), Satyam (SAY), HCL, and other IT outsourcing majors that once specialized in lower-value tasks such as application maintenance and business process outsourcing are seeing increasing success in providing outsourced high-value tasks such as total IT outsourcing, R&D, and [...]
Top Indian IT companies to tide over slump
The Economic Times At a time when customers in the US and Europe are tightening their ITbudgets, leading Indian tech firms are betting on their huge pile of cash to steer through the global economic crisis and also to explore M&A opportunities in a world reeling under severe liquidity crunch. Each of the top six [...]
CTT and CMC Limited, a TCS Subsidiary, Sign Education Agreement for Latin America
MarketWatch CTT, a leader in talent development services for information and communication technology professionals, and CMC Limited, a Tata Consulting Services Ltd. Subsidiary, have signed an agreement to leverage their core strengths in Information Technology (IT) education. As a result of the alliance, CTT and CMC will jointly offer specialized professional advancement programs for software [...]
Mexico: Suitable destination for BPOs
CIOL News Reports With more than 1,200 software, BPO and IT services firms, Mexico generated revenues of $4 billion in 2007 growing at 36 percent annually (including IT oursourcing) of which $3.1 billion were exports, [Ricardo Alvarez, executive director of International Promotion, Mexico] said. Home to ten Indian IT firms, Mexico is rolling the red [...]
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