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July 20, 2005
India's outsourcers faces slower growth
After posting 39% average revenue growth last year, India's top three outsourcers are facing slowdown. Infosys's last quarter revenue growth has fallen to 3%. While revenues related software develoopment are flattening out or in some cases sliding, business process outsourcing is taking of at an accelerated pace.
Increased employee compensation, competition from other countries, and US giants opening offshore facilities in developing countries are major factors that are contributing to sluggish performance of India's outsourcers.
Posted by admin at July 20, 2005 07:30 AM