Infosys Q2 ’14 Results

Infosys announced results for Q2 FY 2014 today.  The takeaways were: Revenue at 3.8% sequential growth surprised on the upside Client wins surprised on the upside Operating Margins were flat despite...

Impact of Foreign Exchange Fluctuations on Indian IT companies

15% depreciation of the Rupee, followed by 8% appreciation, all within the quarter, and the quarter is not even done.  Unprecedented. It will be interesting to see how Indian IT companies are...

Rupee Depreciation and its Impact on Offshoring

The rupee has depreciated by 20% against the dollar, just from the beginning of this year.  This is a great time to revisit or review your Offshoring contracts.  Several large contracts...

Infosys Q1 2013-14 Results

Infosys Q1 2013-14 results took most people by surprise.  The results were above most analysts' expectations.  I had expected the company to lower forecasts, but it seems like the 6-10% range was wide...

Accenture’s results harbinger of tough times for Indian IT Services

Accenture announced its results last week, and the shares took a tumble. Revenues fell short for the last quarter, and the outlook for the next quarter was also way below expectations....

Senate passes Immigration Reform Bill

Right on the money - Senate passed the bill 68-32, as predicted in my previous post.  Now, over to the House to see how they react, and what they do.  We will...

Immigration Bill likely to pass Senate today

The Immigration Bill is likely to be passed today by the Senate today with 65+ votes; perhaps 67-68 votes. See how this will impact you if you belong to the Indian IT Services...

Impact of Immigration Reform on Indian IT Services

The Immigration Reform Bill is likely to have a significant impact on the Technology sector, and especially for Indian IT Services. The Bill is being discussed and debated in the Senate; various...

Industry of Acronyms

I have been in hundreds of client presentations over the years; often, it was quite acceptable to not finish your 122-slide PowerPoint deck.  It was only 122 slides because we used...

Cloudshoring

Bizofit’s launch coincides with tectonic shifts occurring in the IT Services landscape. These shifts may even be considered the genesis of Bizofit (pronounced as: Biz of IT). While the epicenter of these...