News

  • NEWS

    H-1B visa curb may give Indian IT a big blow

    The Economic Times | Jan 31, 2017

    Bloomberg reported on Monday, following similar reports last week, that the executive orders could seek to curb the long term H-1B visas, and the short term L-1, E-2 and B1 visas.

    Read More

NEWS

A COLD WAR

Phil Fersht, CEO and Chief Analyst of HfS Research, says that removing Vishal Sikka would be a mistake. "Infosys needs to stick by Vishal and his bold plans for the firm. The traditional IT businesses are stagnant, but need to be kept stable, and focusing on automation and innovation is the only way to grow the firm profitably for the next five years."

Business Today | Feb 24, 2017

Read More

NEWS

JC Penney to reduce outsourcing to India

According to Tom Reuner, senior vice-president at outsourcing advisory firm HfS Research, discussions on the reduction of spend or even on in-sourcing are as old as the outsourcing industry itself.

“It all boils down to two issues: first, the unrelenting pressure to find cost savings, and second, the definition of what is the core business of an organization, which predicates any make or buy decision,” said Reuner. “As somebody like GE is re-inventing itself as a software company, invariably IT turns into a differentiating value creator. At the same time, the rise of automation is curtailing the opportunities to increase revenues from run operations. With that in mind, IT service providers have to adopt a fundamentally different mindset that allows them to survive in the As-a-Service Economy. And that is even before we start discussing the impact of the Trump Administration on the issues raised.”

Live Mint | Feb 22, 2017

Read More

NEWS

Captives cut outsourcing to Indian IT to solve digital challenges inhouse

"The number of captives on pure technology services, especially on digital technologies like Artificial Intelligence, are growing too," said Pareekh Jain of HfS Research India.

Business Standard | Feb 22, 2017

Read More

NEWS

The big challenge Indian IT companies face in US

“A lot of the traditional service work orders will be replaced by automation. In fact, automation of technology services may potentially take out 30-40 per cent of the traditional pie from Indian companies. This clearly says that they have to catch up fast with global peers in increasing digital technology footprint,” says Pareekh Jain of HfS Research India, a technology researcher.

Rediff | Feb 22, 2017

Read More

NEWS

Indian PM Urges Farsighted, Balanced US View on Work Visas

“Indian firms will have to act like global firms and hire where ever there is a match in demand and availability of talent. It will be long term sustainable but will also increase their cost structure,” said Pareekh Jain who heads research operations in India at the research firm Horses for Sources.

Voice of America | Feb 22, 2017

Read More

NEWS

Rajesh Gopinathan faces three challenges at TCS

“The positive aspect of this change at is that Chandra (N Chandrasekaran, chairman, TCS) will be around. So the strategy direction and commitments made to the clients continue. Gopinathan is a good choice in the given environment. How people will take a CFO becoming a CEO only time will tell,” said Pareekh Jain of HfS Research India.

Business Standard | Feb 22, 2017

Read More

NEWS

TCS announces ₹16,000 crore share buyback, India’s biggest

“If companies are not doing any acquisitions or investments, it’s better to return it (cash) to shareholders,” said Pareekh Jain, Director at HfS Research.

The Hindu Business Line | Feb 20, 2017

Read More

NEWS

H1-B visa issue: Indian IT must get consulting skills, says Phil Fersht

Phil Fersht, chief executive of HfS Research, tells Ayan Pramanik in an interview that Indian firms should acquire better consulting capabilities. 

Business Standard | Feb 20, 2017

Read More

NEWS

Flipkart-Microsoft combine can’t beat Amazon’s cloud offerings, say analysts

Pareekh Jain, Research Vice President - Engineering Services, HfS Research, said: “It doesn’t really impact AWS in the short term. It is one good reference customer for Microsoft. In the medium term, it can be good for Microsoft, as some of the sellers in the Flipkart ecosystem might move to Azure, going forward.”

E-commerce

From the e-commerce point of view, where Amazon has been able to beat the decade-old Flipkart in terms of revenues, traffic and market-share in just five years, Jain said the tie-up will help Flipkart become more agile, improve on data analytics, support more users and give better-personalised experience to its users.

“Besides, it can do all this in a scalable way without worrying about capex. It is, in a way, future-proofing its operations and preparing its self for sustainable growth. Flipkart can better compete with Amazon in online shopping with this deal,” Jain said.

The Hindu Business Line | Feb 20, 2017

Read More