Wednesday, February 18, 2009

The Most Innovative Companies in India | Fast Company

The Most Innovative Companies in India | Fast Company

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1 comment:

kgugl said...

I have some questions about innovative offshoring companies in India. I came across this story from Gartner:

MUMBAI (Reuters) - Recession-hit U.S. companies are tilting towards increasing IT offshoring work but few Indian software firms have been chasing these deals, Gartner's India research head said.

Indian firms need to focus on revamping their sales model to market an ability to help generate cost savings and add value to the client's operations, Partha Iyengar, vice president and regional research director at Gartner India, said on Monday.

"The concern I have is, I see very few companies doing that."

Only two firms had announced a decision to expand sales force, he added.

"I had one client telling me 'I am at a point now where I need to get more offshore plans together, but why aren't the Indian companies coming and talking to me?'"

"Why aren't they getting more aggressive? - That is the question I am getting from clients," Iyengar said.

Indian companies could lose out to global rivals with strong offshoring capability such as IBM, Accenture and other European firms, if they did not move faster, he added.


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Why are Indian companies holding back on going after these type of deals? Does the Satyam scandal have anything to do with this? Has this scared some of the Indian businesses and made them more cautious now?