June 15, 2006
Infosys to Ride Outsourcing Boom
Infosys Technologies is expected to register a growth of 26-28% in the second quarter of the financial year. The potential growth has been attributed to the global outsourcing boom. According to company sources, the company's $1 billion cash pile would be used for acquisitions to get it into a certain market or a new technology. Infosys has the ability to immediately respond to marketplace needs or risk factors. In the recent years, the firm is growing steadily and the result in the previous quarter was a clear indicative of that. DNA Money has published an article on the Same Topic.
Multinational companies have embraced Indian software services firms as a way to lower costs by outsourcing key processes such as supply chain design and payroll accounting to India’s army of low-cost, English-speaking developers.
--
Did you enjoy this post?
Comments
The comments to this entry are closed.
« Outsourcing breeds on trust | Main | Outsourcing in Northern Ireland »
Recent Comments