IT Inc keeps up hiring tempo in US
Experts say Indian software-services firms are playing a big role in employing US nationals, who have been hit hard by the slowing economy. According to Nasscom, India has more than 580 offshore development centres in 75 countries. Kumar Parakala, chief operating officer, KPMG India, feels outsourcing is a “necessity of life”. “For businesses to remain competitive, record profitable growth and innovate, they need to look at outsourcing. No matter what regulation or proposals are introduced, the need for outsourcing will remain because that is how our businesses are structured. Government policies do have an impact, but the need continues to exist,” he said.
“We continue to hire both in North America and UK for key jobs, especially the customer-facing profiles like technology and solution applications. We are looking at increasing the strength further,” said Saurabh Govil, senior vice-president, HR, Wipro Technologies.
Despite mature markets recording a sluggish growth last year, the country’s IT firms are upbeat about opportunities in the US and Europe as all of them indicated a steady deal pipeline and increase in IT spend led by newer technologies like analytics, cloud, mobility and big data.
Some of the colleges Cognizant has visited include Pennsylvania State University, Rutgers, University of Massachusetts, North Carolina State University, Virginia Tech, while the B-Schools list has Kelley School of Business, University of Iowa, Krannert School of Management and others. Cognizant had earlier told FE that it has over 20,000 people in the US while about 75% of its global workforce
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