Patni Computer Systems Ltd. (PTI)
Loading...
Symbols:
PTI Forum Topics
- All Comments on PTI
- General Discussion on PTI
- Stocks Covered By The India Stock Blog [view article]
- Indian ADRs 2007 Review: Telecom, Banks Pace Gains [view article]
- The Coming Death of Indian Outsourcing? [view article]
- Eleven Indian Stocks to Watch [view article]
- Indian Stocks 2008: Are There Any Winners? [view article]
- Mideast Internet Outage Shows Vulnerability of Backbone, Offshoring [view article]
- India's Offshore Outsourcing Industry Reaches New Heights [view article]
- Patni Computer Systems: An Outsourcing Pioneer Up For Grabs [view article]
- Indian Stocks Week-in-Review: ADRs Post Mixed Week [view article]
- Patni: Hot As Indian Curry [view article]
- Patni Computer Systems: High Growth, Low P/E, Limited Shares [view article]
loading ...Recent PTI Articles
- Indian Stocks 2008: Are There Any Winners?
- The Coming Death of Indian Outsourcing?
- Mideast Internet Outage Shows Vulnerability of Backbone, Offshoring
- Indian ADRs 2007 Review: Telecom, Banks Pace Gains
- India's Offshore Outsourcing Industry Reaches New Heights
- Patni Computer Systems: An Outsourcing Pioneer Up For Grabs
- Eleven Indian Stocks to Watch
- Patni: Hot As Indian Curry
- Patni Computer Systems: High Growth, Low P/E, Limited Shares
- Patni Computer Systems Targets Private Equity Clients
- Full List of Articles »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
market tips
Stocks Covered By The India Stock Blog [view article]
This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post informative content on this useful blog created by webmaster.Investing in share market made easy with our live tips on all BSE,NSE shares or commodities.Our trading tips covers NSE and BSE Reply
Indian ADRs 2007 Review: Telecom, Banks Pace Gains [view article]
Is there any way to invest in India's Reliance Industries? Doesn't seem to have any ADR for that one. Would be good to get a piece of Reliance. Any suggestions will help. ReplyThe Coming Death of Indian Outsourcing? [view article]
Agreed - wages are increasing 15%, are the billing rates increasing the same amount? No.Whatever maybe the wage increase at offshore, what matters to US customers is the billing rate. As long as that is not catching up with US rates, it will not be a problem to US customers.
Which makes maintaining profitability a headache only for the Indian companies. The leadership in these companies need to come up with better ideas to offset that. Reply
Editors
General Discussion on PTI
Is this a buy or a sell? ReplyEleven Indian Stocks to Watch [view article]
we have many helpful links to the components of the Sensex here at www.indiafund.net/indi... ReplyEleven Indian Stocks to Watch [view article]
we have a many helpful links for researching the component stocks of the sensex at www.indiafund.net/indi... ReplyThe Coming Death of Indian Outsourcing? [view article]
Important is stock valuation of Indian IT companies, which is ROCK BOTTOM now, this is a BUY call !!Do not get in the trap of some sensational stories like this.
Reiterate - BUY CALL Reply
Consulting
The Coming Death of Indian Outsourcing? [view article]
Seven years of outsourcing experience here, with one of world's largest outsourcing organizations.My personal experience:
1. The quality of deliverables to large organizations from outsourced Indian engineers is lower than quality of onshore deliverables created by US programmers, mostly due to communication issues, infrastructure issues, and extremely high turnover among Indian personnel as they job hop in pursuit of ever-higher wages and a mythically ever-more-creative job. (As ITECO mentioned, most outsourced jobs have such narrowly defined requirements that good programmers hate them)
2. In an outsourcing deal, the quality and speed of real-time problem investigation and remeditation for critical problems is much, much, much poorer with offshore personnel due to communication issues, infrastructure latency, and lack of experience among Indian programmers.
3. The incentive to use offshore programmers is strictly due to wage difference, especially for legacy systems which require skills which simply do not exist in India (or elsewhere).
4. Recession will indeed force CIOs to pinch every penny, which means retaining, instead of rewriting legacy systems. This will not help the offshoring business.
5. There are plenty of qualified US software engineers available to meet a resurgent demand for onshore programming, but they will be competing with programmers in the Phillippines, and in China, whose wages still significantly undercut Indian wages.
6. There will be pressure to reduce the onshore executive overhead costs that are associated with outsourcing ontracts....non-contri... senior executives will need to be eliminated to reduce costs.
So, my assessment is that India loses, China and Phillipines win, although all offshoring generally slows as recession grows, and old systems are retained instead of being rewritten.
Cheers. Reply
Indian Stocks 2008: Are There Any Winners? [view article]
I am long SLT as well and it is the only indian stock that I own. At these levels I feel it very under valued. CFSB just upgraded the stock to outperform. ReplyThe Coming Death of Indian Outsourcing? [view article]
Economic events and entities are ultimately cyclical and natural. It's not oversimplifying to use the cliché, 'What goes up must come down'.Indian IT outsourcing is having its day in the sun. I think this cycle will likely peak in the next 2-3 years. It will retract, regroup, reposition and recover.
The current upward cycle began in the late ‘90’s with the mythical Y2K crisis. US business leaders heavily exaggerated the risk. The US Federal Govt. allowed in @ 1.5 million mostly Indian programmers and drove down US IT wages. Once Indian software firms established themselves in the US, outsourcing back to India simple and logical.
1 or 2 of you addressed the time and management issues that add to the cost of doing business half way around the world.
The cultural tendency of programming like robots from specifications so detailed that the code has virtually been written leaves little room for creativity and innovation.
At the back end, software designers and systems analysts in the US have to correct code when requirements change or when the code is of poor quality due mostly to miscommunication.
I can tell you first hand there is no 'quality' advantage gained by US business using Indian engineers. It was always about price and that margin is shrinking.
Someone used the term 'Bestsource' . I think that's exactly what is starting to happen. Strange no one mentioned the Philippines which has the second largest English speaking population in the non-western world.
India's current IT boom will bust but they're not going away. They will adapt, improve and continue to be a major force in Engineering and Information Technology for all of our lifetimes.
In the near future, they will experience growing pains and maturation just like everything else in nature.
Reply
The Coming Death of Indian Outsourcing? [view article]
@Exout:). You worked for a outsourcer for 3 years, I am on my 8th year with a global outsourcing leader.
While O/S to India started on the aribtrage platform, that has changed rapidly to the quality of work and availability of talent. Note some of the other comments above, India continues to have the largest pool of English speaking, highly educated talent in comparison to other destinations.
And that is fact, not marketing spiel. Reply
The Coming Death of Indian Outsourcing? [view article]
Wage increase is slowing in India. It is expected to be approx 12% this year.With inflation, rising healthcare cost and depreciating dollar in U.S. - U.S. cannot replace Indian jobs. Malaysia & Thailand are politically unstable and lagging in technology and management skills.
Indian I.T. companies will remain profitable for many years. Reply
The Coming Death of Indian Outsourcing? [view article]
The forbes article is a steaming pile of ...Most people commenting here miss one crucial point, Engineering services will move to a place that has engineers !
Afterall, Boeing does not build/design planes in China/India simply because a Chinese/Indian aeronautics engineer costs 5 times less than his American counterpart. They build planes in the US inspite of the high cost of American aeronautics engineers because the US is the one of the few places in the whole world where they can source a substantial number of high quality Aeronautics engineers at a price point that makes business sense.
India is perhaps the only country in the whole world thats churning out decent quality graduates in Information Tech. For e.g. In my masters class in a top 30 US university, there were only 5-6 Americans out of a total of 60, the rest were Indians, Chinese and a sprinkling of Eastern Europeans. And because this churning has gone on for a while, India has an OK number of technology workers starting from the most raw to the CEO level.
Lastly, people talk about wage increases as if they are independent of the laws of supply and demand :-D Just because wages rose 15% year on year, doesnt mean they will continue that trend. I was working in India from 2000-2003, and we did see wage cuts and layoffs. In fact, this is already happening in India, with TCS slashing wages across the board.
So much for Forbes and people who claim to understand demand and supply.. Reply
The Coming Death of Indian Outsourcing? [view article]
@ExOut:The quality of infrastructure is improving. Let's not put the quality of infrastructure threshold as high as in western countries. What they have today is working out fine for most of the clients.
I think BPO outsourcing will actually increase if there is a US recession. For all the cry over outsourcing ... company executives will be forced to pick up every last penny left on the table in terms of the labor arbitrage.
Reply
The Coming Death of Indian Outsourcing? [view article]
@casual observer:You are missing the point that the huge time gap and physical distance increases communication difficulties exponentially. Without the large wage savings, the value-add of outsourcing disappears well before the so-called 2015 break-even point.
@User 159537:
Althought that's a great marketing spiel, it doesn't bear out to be true based on my own experience and others' experience (I worked w/ an outsourcing company for three years). The quality of work is the same; this has always been purely a wage arbitrage situation; please note outsourcing exploded in 2000-1 for a reason!
@User 159569:
Although valid to some degree, infrastructure issues already are cropping in those Tier I cities. What is the quality of infrastructure for the other cities? If this was the case wouldn't TCS et al. be deploying more of their efforts into those cities? Reply