Software Testing: The next outsourcing boom sector

January 11th, 2006 Major Indian outsourcing outfit Infosys Technologies reported on Wednesday a 31 per cent rise in its Q3 net profit, while meeting the expectations for the quarter. The company said that its net profit surged to Rs 642 crore in the quarter ended December 31, 2005, as compared to Rs 496 crore in the year-ago quarter.

November 12th, 2005 Talent shortage will impede the development of China's outsourcing industry, despite the optimistic prediction on China's IT outsourcing industry in the coming ten years predicted Qu Zhonghua, a senior program manager of IBM China's Shenzhen branch, at the 11th Joint International Computer Conference (JICC 2005) held in southwest China's Chongqing Municipality. The rapid growth of the global outsourcing industry has provided opportunities for China's outsourcing industry in recent years, but the opportunities will not turn into successes if the country fails to provide sufficient qualified workforce, he said.

March 25th, 2009 THIRUVANANTHAPURAM - An eight-member delegation from China's Shenyang city Wednesday visited the information technology campus Technopark here to pick up tips on software outsourcing. The officials from the Shenyang Information Industry Bureau (SIIB) said they would study Kerala's software outsourcing services to set up similar parks back home.

April 18th, 2009 Though the financial sector has started showing some signs of recovery from the global meltdown, the IT industry in the country will take some more time to regain the growth momentum, a top industry official said here saturday. 'The crisis started in the financial sector and recovery also seems to be happening first in that sector,' S.

December 27th, 2008 BANGALORE - After nearly a decade of uninterrupted boom, the Indian information technology industry finds the road ahead bumpy as 2008 draws to a close, with the global meltdown and financial turmoil in the US and other rich countries catching the otherwise resilient sector off-guard. With no signs of early revival, even the top firms - TCS, Infosys and Wipro - are bracing for hard times in the year ahead.

February 25th, 2009 US president Barack Obama has bad news for Indian IT and BPO industry. Its as simple as that.

March 4th, 2009 WASHINGTON - A downturn in worldwide economy, Satyam's fraud case and the terrorist attacks in Mumbai and supply chain and shipping cost issues in China are causing US technology companies to pull back from the two traditional outsourcing locations. Citing these three global factors, an annual survey by BDO Seidman, LLP, one of America's leading accounting and consulting organizations, Tuesday suggested several technology firms would choose US as future outsourcing location over India and China.

April 20th, 2006 The first quarter of 2006 has seen the global outsourcing industry posting a record performance. The segment saw $22.7 billion in total contract value (TCV) for contracts valued at $50 million or more, up 173% y-o-y, comprising a record number of 83 outsourcing transactions, according to TPI Index, a quarterly report on the state of the global outsourcing industry by sourcing advisory firm TPI Inc.

February 26th, 2009 BANGALORE - Indian IT industry body Nasscom has reacted cautiously to US President Barack Obama's remarks on outsourcing, saying global outsourcing had benefited US firms that generate over 50 percent of their business overseas. 'American companies generate more than 50 percent of their business outside the US.

February 3rd, 2009 NEW DELHI - The Indian software and services industry is expected to grow 16 percent this fiscal and log revenues of $60 billion despite the global slowdown, a top lobby for the industry said Wednesday. The National Association of Software and Service Companies (Nasscom) said together with the business process outsourcing (BPO) sector, the revenues are expected to top $71.7 billion with a growth of 17 percent.

February 21st, 2006 Industry experts at the meeting of Nasscom, India’s outsourcing alliance, said on Thursday that skills shortage was the biggest threat to the outsourcing industry’s blazing growth. From ground zero I am observing several interesting effects of this shortage.

October 20th, 2005 Blogger Rajneesh thinks its funny to outsource homework to India. In reality homework do get outsourced to India rather frequently.

January 14th, 2009 NEW DELHI - The government has no plans to unveil a bailout package for fraud-hit Satyam Computer Services and the company's new board will decide its future course of action, Minister of State for Industry Ashwani Kumar has said. 'This government is not going to either directly or indirectly subsidise the wrongdoing and fraud in Satyam,' Kumar told reporters on the margins of an international conference on petroleum sector here Thursday.

January 14th, 2009 KOLKATA - The recruitment in the information technology (IT) sector in West Bengal is likely to be lower than the target set by the government due to the global economic meltdown, state IT minister Debesh Das said here Thursday. 'Last year we generated employment for around 15,000 people in the IT sector and this year we had set a target of 20,000.

May 6th, 2009 Compuware sells software line to British companyDETROIT — Business software and services provider Compuware Corp. says it's selling an applications testing software line to Britain's Micro Focus International PLC for $80 million.