Lets kickstart with the much talked about deal in the recent past. The ABN-AMRO outsourcing deal. The deal approximately pegged at $2.2 Billion is spread across 5 companies managing different operations:
1) IBM--> It will run the bank's main data centers, develop applications and manage bank employees' desktop, laptop and handheld computers.
2) Accenture--> Application Development
3) TCS--> Application Development & Support
4) Infosys--> Application Development & Support
5) Patni Computer Services--> Application Development
Now this has resulted in the following turn-around as far as the employees are concerned:
1) ABN-AMRO is all set to lay-off 1500 people.
2) It will retain 1800 full-time IT staff. Transfer 2000 to the five IT vendors.
3) In turn with the order in the bag, the IT majors are all set to ramp-up their Indian operations.
4) Raw statistics provided tell that amongst this five IT majors the deal has created more than 30,000 jobs in India
5) A flip side of this has inadvertently resulted in the wage-inflation and attrition rise
Analysts believe that this is just a tip of the iceberg. More is yet to come. In the coming blogs we will see more case examples and their effects.
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