Cutting edge services moves to India
Outsourcing of lower value parts of the value chain is become a common nominator amongst companies, but apparently, start ups begin to move the pieces they outsource up the value chain.
"The start-ups have their top managers and sales teams in the US, but design products in India, where hi-tech engineers earn a third of the wages of their US counterparts."
The article continues saying that "While the 1800 firms in India's technology capital have focused on lower-value services such as call centres and software coding, companies are now tapping low-cost expertise in a corporate global village where location is not important. "Companies don't have passports," Indian venture capitalist Abhay Havaldar declares bluntly.
The new hybrid firms have already spawned new consultant jargon, such as "right-shoring", "any-shoring" and "smart-sourcing" -- all signs that they now care more about what they do than where they do it."
When was the last time you upgraded your skill to stay employable?
"The start-ups have their top managers and sales teams in the US, but design products in India, where hi-tech engineers earn a third of the wages of their US counterparts."
The article continues saying that "While the 1800 firms in India's technology capital have focused on lower-value services such as call centres and software coding, companies are now tapping low-cost expertise in a corporate global village where location is not important. "Companies don't have passports," Indian venture capitalist Abhay Havaldar declares bluntly.
The new hybrid firms have already spawned new consultant jargon, such as "right-shoring", "any-shoring" and "smart-sourcing" -- all signs that they now care more about what they do than where they do it."
When was the last time you upgraded your skill to stay employable?
posted by Andreas @ 5:37 pm
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