News

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  Infosys' legal problems prompt analysts' concerns

  WASHINGTON - The company that is a target in a federal probe on its use of visas, Infosys, says it is assuring customers that the government investigation, despite its unknown outcome, will not impact its business.

  By Patrick Thibodeau | 10 May, 2012 08:57

  Tags: staff management, services, Regulation, Palm, outsourcing, it management, infosys, Gov't Legislation/Regulation, government

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  HCL CEO Vineet Nayar: Outsourcing is dead, and there's nothing innovative in cloud technology

  The customer always comes first. Except when it comes to HCL, the $6 billion Indian outsourcing -- make that co-sourcing -- giant led by CEO Vineet Nayar, who literally wrote the book on a philosophy known as 'employees first, customer second.' In this latest installment of our CEO Interview Series, Nayar spoke with IDG Enterprise Chief Content Officer John Gallant about how that philosophy is fueling HCL's rapid growth and why more CIOs ought to consider adopting it. Nayar also discussed how HCL has set its sights beyond competing with other Indian outsourcers like Infosys and Wipro and is squarely targeting what he believes are the many unhappy customers of services giants like IBM, Accenture and CSC. The outspoken Nayar took shots at the 'fear psychosis' created by services firms in trying to peddle their offerings and used a barnyard epithet to describe public cloud computing, which he claims isn't ready for prime time. He also outlined HCL's aggressive plans for hiring locally in the U.S. and Europe, and defended the company's use of the controversial H-1B visa program. In addition, Nayar talked about the new goals for IT departments in 2012 and beyond, and explained why treating mobile as a technology 'misses the point.'

  By John Gallant | 01 May, 2012 02:29

  Tags: accenture, cloud computing, Configuration / maintenance, csc, Data Center, education, Education/Training, Enterprise Architecture and SOA, freemium, hardware systems, IBM, industry verticals, infosys, internet, IT industry, it management, Management and Careers, training, Virtualization, wipro

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  Wipro's IT revenue growth slows in an uncertain market

  Wipro, one of India's top outsourcers, reported slow revenue growth in U.S. dollar terms for the quarter ended March 31, and issued muted guidance for the next quarter, reflecting an uncertain outsourcing market.

  By John Ribeiro | 25 April, 2012 21:12

  Tags: business issues, financial results, infosys, offshoring, outsourcing, services, Tata Consultancy Services, wipro

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  Infosys says it's 'target' of federal probe

  WASHINGTON -- One of India's largest IT services firm, Infosys, is warning investors that it is facing a U.S. government probe over its use of work visas, and "cannot predict the final outcome."

  By Patrick Thibodeau | 24 April, 2012 21:25

  Tags: App Development, Configuration / maintenance, Data Center, government, Government/Industries, hardware systems, Industries, infosys, Palm

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  Tata forecasts a strong market for its services

  India's largest outsourcer, Tata Consultancy Services, posted high revenue and profit growth in U.S. dollar terms for the quarter ended March 31, and said the market for its services continues to be strong.

  By John Ribeiro | 24 April, 2012 02:29

  Tags: business issues, financial results, infosys, offshoring, outsourcing, services, Tata Consultancy Services

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  Infosys sees revenue grow more slowly than hoped

  Infosys' revenue in its fourth quarter and full fiscal year ended March 31 fell short of guidance, as global markets for its services are recovering very slowly, the company said Friday.

  By John Ribeiro | 13 April, 2012 20:15

  Tags: business issues, financial results, infosys, offshoring, outsourcing, services

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  'Massive' visa fraud alleged in lawsuit against Indian firm

  A former human resources manager at Larsen & Toubro InfoTech Limited Inc., a leading India-based IT services firm, accused the company of visa fraud in a complaint filed this week in a federal court in New Jersey.

  By Patrick Thibodeau | 05 April, 2012 23:19

  Tags: government, Government/Industries, Gov't Legislation/Regulation, Industries, infosys, outsourcing, Palm, Regulation, services

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  The top 10 H-1B visa users in the U.S.

  Offshore outsourcing companies continued to make up the majority of the top 10 H-1B visa users in 2011, according to new government data. These offshore firms have been adding employees by the thousands as their revenues increase.

  By Patrick Thibodeau and Sharon Machlis | 28 January, 2012 06:23

  Tags: accenture, business issues, Cognizant, Google, HCL America, IBM, infosys, Larsen & Toubro, Microsoft, personnel, tata, Tata Communications, wipro

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  Wipro's IT revenue rises, but lags peers

  Wipro's IT services revenue grew 12 percent year on year in U.S. dollar terms in the quarter ended Dec. 31, but its growth lags behind Indian outsourcing peers such as Tata Consultancy Services (TCS).

  By John Ribeiro | 20 January, 2012 20:50

  Tags: infosys, offshoring, outsourcing, services, Tata Consultancy Services, wipro

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  Wall Street Beat: Tech earnings season could be stormy

  Get ready for a perfect storm of earnings news. With tech bellwethers including IBM, Microsoft, Intel and Google set to issue financial reports next week, earnings season will pick up in earnest and judging from recent forecasts and profit warnings, it could be a bumpy ride.

  By Marc Ferranti | 14 January, 2012 04:02

  Tags: applications, business issues, Components, desktop pcs, financial results, Gartner, Google, hardware systems, IBM, IDC, infosys, Intel, juniper networks, Microsoft, operating systems, Philips Electronics, processors, software

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  Infosys cuts revenue forecast citing European crisis

  Infosys cut its revenue growth forecast for its fiscal year ending March 31, citing slowing demand in Europe which is hit by a debt crisis.

  By John Ribeiro | 12 January, 2012 22:15

  Tags: infosys, offshoring, outsourcing, services

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  Tata posts strong revenue growth despite economic conditions

  India's largest outsourcer, Tata Consultancy Services, reported on Monday strong revenue and profit growth in the quarter ended Sept. 30, despite difficult economic conditions in some of its key markets in the U.S. and Europe.

  By John Ribeiro | 18 October, 2011 04:25

  Tags: business issues, Dipen Shah, financial results, infosys, Kotak Securities, N. Chandrasekaran, outsourcing, services, Tata Consultancy Services

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  Infosys reports strong financial results in difficult times

  India's second-largest outsourcer, Infosys, reported strong revenue and profit growth for the quarter ended Sept. 30, despite concerns about economic problems in its key markets in the U.S. and Europe.

  By John Ribeiro | 12 October, 2011 19:54

  Tags: infosys, offshoring, outsourcing, services

• Infosys offers business platforms from the cloud

  Infosys, India's second largest outsourcer, is offering business platforms on a subscription model from the cloud, as part of its strategy to focus on intellectual property to boost revenue, the company's new CEO and managing director said.

  By John Ribeiro | 30 August, 2011 19:33

  Tags: infosys, services, outsourcing, internet, cloud computing

• Budget cuts and uncertainty ahead for Indian outsourcers

  Economic problems in the U.S. are likely to lead to cuts in IT budgets, of up to 10 percent in some cases, according to a report released Monday by Offshore Insights, a research and advisory firm in Pune, India.

  By John Ribeiro | 29 August, 2011 23:34

  Tags: Everest, infosys, Offshore Insights, offshoring, outsourcing, services