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Outsourcing market: Too much dependence on India is seen to be a risk
by Effie on Nov 30, 2010
Outsourcing market: Too much dependence on India is seen to be a risk
Source: economictimes.indiatimes.com
The Mumbai terror attack of 2008 created a term that is increasingly coming into the lexicon of IT outsourcing, ‘ India plus one’. Some attribute the origin of that term to Forrester Research , which, following the terror attack and the Satyam scandal, recommended that companies should derisk by spreading their outsourcing operations beyond India, to at least one other country.
Recently, Hewlett-Packard’s VP of enterprise services Robb Rasmussen said in an interview to CIO.com that a lot of HP clients want an India-plus-one strategy. "Historically, they’ve had a presence in India, but to mitigate risk,they’d like to have some assets somewhere else," he said.
Tom Georgens, CEO of storage company NetApp , told TOI last month that the company needed to diversify from India, which is currently its second...Read More >>
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