There are dark clouds on the horizon of India’s information technology and outsourcing industry. Profit growth at even India’s most successful and sophisticated software companies could be doused as companies, governments and consumers around the world do an increasing amount of their computing on the cloud, says outsourcing services advisory firm ISG Inc. Companies that have traditionally used in-house servers running on custom-made applications are putting more of their business on external servers and using off-the-shelf software. Using the cloud often means using fewer people so Indian software companies—once dubbed “body shops” because they could supply as many computer engineers as a project needed—are going to suffer as they lose much of their competitive advantage.
BANGALORE: Wipronhas won a $35-million IT outsourcing contract from Philip Morris International (PMI), the world’s biggest tobacco company. A person with knowledge of the matter told ET that Wipro’s RCTG (retail, consumer goods, transportation and government) division will provide IT infrastructure and application management to PMI for five years as part of the deal.
FPT, the Vietnamese largest IT group, has signed a cooperation agreement with the Vietnam Railway Corporation on the development of a new ticket distribution system, according to Ha Noi Moi newspaper. Under the agreement, FPT will build a modern e-ticket distribution system which allows people to buy tickets through different channels, either via websites, messages, or sale agents. With the new system, which will replace the current one, people will be able to book tickets at any time convenient to them and update information about the ticket distribution process, itineraries and schedules.
KUALA LUMPUR, Feb 12 ― After outsourcing its information technology (IT) infrastructure for about five years, Syarikat Takaful Malaysia Bhd, the oldest takaful or Islamic insurance operator in the country, has decided to bring it back inhouse. The company, which is 61 per cent owned by BIMB Holdings Bhd, announced that it has adopted Microsoft System Center 2012 to manage its IT infrastructure and end-user computing.