Thomas Victor

Infosys Shaky

Sramana, Infosys won't change it's emphasis on, as you call it, 'labor arbitrage' because it is their special skill, at which they are better than anyone else in the world.

They are getting more and more customers and their profit margins are very high. They are able to expand their workforce without lowering quality which is pretty amazing.

Regarding Saas which you regard so highly please look up Larry Ellison's comments last week. He basically ridiculed Saas and Cloud Computing and said no one is making any money on it after all these years of hype except one single company, salesforce.com

"Infosys was looking at the Axon acquisition to help get it out of pure body-shopping and into SaaS" Not at all, how did you get that impression? It was just another attempt to move higher up in the outsourcing food chain.