US Market Meltdown and Technology Business

The US Market Meltdown and the imminent austerity measure will mean a more prudent USA and a weaker US Dollar making imports and outsourcing dearer.

A New Era for Technology Business after the Market Meltdown

Some changes in The Technology Business will be:

Technology Manufacturing will move back to USA – In a phased manner technology manufacturing will move to back to USA as global manufacturing will not provide significant cost savings.

Software/BPO/KPO Outsourcing will move back to companies in the USA, this will affect the fortunes of companies in the rest of the world.

Renewed Infrastructure creation will call for newer and innovative technology solutions in traditional areas like construction and road building for efficiency and control.

Cloud Computing will exponentially grow in the next two quarters and will be the catalyst for technology cost reduction and business agility.

VC and Angels will tighten their belts, there will be many start ups closing as money becomes scare and VC and Angels abandon support. In some cases there will be forced merger of businesses for efficiency in operations and revenue realization.

In conclusion the US Market will emerge stronger and confident and Americans will get back their jobs and dignity.

Comments

SMAC and the Transformation of Customer Service & Dialogue

"SMAC" is the a acronym for Social, mobile, analytics & cloud the four pillars of the fifth wave of technology as defined by Cognizant Technology the Teaneck, New Jersey headquartered ITES company (NASDAQ Symbol : CTSH). SMAC will change the customer dialogue by leveraging on the collective strength of the Social Media Network, Mobile devices, Analytics driven by Big Data solutions and Cloud Computing as the underlying backbone of affordable and reliable engine for computation. Let us look at each of these components and their impact on our lives today: 1. Social Media - The Social Media has seen breakneck growth and significant valuation with the winners, we have the four undisputed leaders in this segment Facebook, Twitter, Pinterest & LinkedIn with competition from Yahoo, Google and Microsoft and another hundred more social media sites of different hues and aspirations. 2. Mobility - The way we handle and process information an...

Top 10 Changes in the Workplace - Impact of COVID-19

A lot has been said about what’s happening with the impact of Covid, on the workplace. Many of these are hard to imagine and some will require serious consideration. Nevertheless, my 20 years plus background in IT, Operations and Consulting across BCP, Security, Projects and Leadership makes me believe the following are what we can be looking forward to (at varying levels) over the next couple of years. Please leave a comment and I would love to hear your thoughts and comments too! 1. Disinfection Chambers - You would have to walk into the office through disinfection chambers, entry into the chamber would be post facial and iris recognition for 2 factor biometric contactless authentication. You could then be tested for Covid by a nurse through the use of a rapid test kit (Emirates Airline has already deployed the same for airline passengers), there would be a ten minute wait time for the results before you are let into t...

Does Infosys results signals the cloudburst before the deluge for Indian IT Industry ?

Last week I was in Bangalore at Electronic city and outside the venerable Infy campus and there was hardly any activity outside the campus, I remember the same Infy campus entrance a few years ago which used to bustle like a fish market. At the airport as I moved up the escalator I saw this advertisement positioned in a way that one could not miss it , see the picture below Today the Infy results were out and the domino affect was not only Infy stock prices but all IT stocks which has brought gloom in the market. I remember this article written more then a year ago by Arun Mysore and I applaud him for getting it right. "Noted Indian offshore vendor Infosys released its annual results this week. In the last fiscal year 39% of its revenue came from application development and maintenance, 26% from consulting and package implementation, 7.2% from system integration and 7.2% from infrastructure management . The key question before vendors like Info...

CloudBus

Search This Blog