In the recent days, India Inc is facing a urgent need of testing professionals, which is once considered as less glamorous job compared to the software development roles. Presently there is a shortfall of around 15000 to 20000 testing professionals and is likely to increase. According to a Gartner research, Indian companies will perform around 70% of the software testing in the coming years.
The IT landscape is getting more challenging and the need for quality control has increased. Today’s software applications support millions of users at any point, making the process of testing a lot more critical than ever before.
The recent, and the not yet over, recession will shift more jobs to software service countries and India remains to be the preferred one for organizations abroad. These opportunities make these organizations to intensify the hiring of testing professionals and jobs exist at all levels in the organization.
To satisfy the immediate needs, organizations might end up in recruiting fresh/raw candidates and will develop the testing skills by means of training. [Read more…]
Wipro to provide job offers to about 4,000 B.Sc graduates of Osmania University in Hyderabad.This will be applicable for those who are passing out this year, 2010 batch.
Informing this to press here on Monday, OU Vice-Chancellor T. Tirupati Rao said the Wipro Academy of Software Excellence (WASE) programme is based on the theme “earn while you learn.” This programme will provide job opportunities to students.
They can also pursue MS degree from BITS – Pilani simultaneously while doing their job. Students registered will be selected based on written test followed by an interview.
Mr. Rao said the company has also come forward to conduct road shows for students pursuing B.Sc in university constituent and affiliated colleges to educate them about the programme.
Large outsourcing contracts worth up to $1 billion look set for a comeback this year, as companies from segments like retail, banking, telecom and utilities, apart from government bodies, seek to cope with renewed demand for their services and also lower their operational expenses.
Outsourcing experts and industry officials told ET last week that auto customers too are looking to award large contracts for managing their business and IT systems this year. British Petroleum’s IT contract worth $1.5 billion awarded to Indian vendors TCS, Infosys and Wipro early this year was one such mega deal.
There are several such projects lined up in the country’s power sector as well, said Everest Group country head Gaurav Gupta. “Governments in the US and other western markets tend to account for a big chunk of mega deals, but Indian companies are not strong contenders,” he said, adding that large deals for Indian companies are typically in the range of $50-100 million, though some Indian IT services vendors currently have some mega outsourcing contracts in the pipeline.
The tech biggies are getting into a recruitment spree. It appears that collectively TCS, Wipro and Infosys are planning to hire about 35000 to 50000 new staff this year. If you recall the performance of these companies were not bad and some them have gone beyond the expectations. With the positive global clues, it is very much possible that the big tech companies are planning for higher growth.
According to India Times, TCS plans to hire about 30000 new staff in the financial year 2010-11 where as Wipro has plans to hire 7500 in the next two quarters.
TCS CEO and MD N Chandrasekaran said, “China is a tough market for IT firms and the company was seeing business opportunity in Europe.” The company is currently seeing an 8-10% growth in revenue from domestic operations and is eyeing a double-digit growth in the next two years.
Chandrasekaran said the company had signed a few large deals as well as a number of smaller ones. “The financial services sector will drive growth. We expect good growth from retail, pharma and utilities,” he said.
The company, however, expects a lesser growth from verticals such as telecom and manufacturing.
Chandrasekaran said the company will hike salaries of its employees in the coming fiscal, but did not give details. TCS, has not hiked wages in the current fiscal, but employees have received 150 per cent VA payouts in two consecutive quarters — Q2 and Q3 of FY’10.
“We are on a path to hire 1,000 people. We have already hired 300,” he said, replying to a query on hiring plans for the current fiscal. In Q3 of FY-10, TCS had made 7,692 net additions, compared with a net addition of 320 in the previous quarter. [Read more…]
Nasscom on Thursday said the Indian information technology (IT) and business process outsourcing (BPO) industry would hire 150,000 people this year. Nasscom president Som Mittal also said that the domestic market is expected to witness 12 percent growth this year and would reach up to Rs 66,200 crore.
“I think we have reached the better bottom line now and I will be surprised if there are less than 150,000 jobs are taken this year. Growth in emerging verticals such as retail, healthcare and utility would be higher and they are growing three times faster than core verticals,” Mittal told reporters here.
The findings of the association also said that the industry would continue to be a net hirer with direct employment expected to grow by four percent and cross 2.3 million with over 90,000 jobs added in FY09-10. Asia pacific is the fastest growing geography with an estimated growth of 10 percent. Infrastructure services would also be a key growth driver for the industry with an estimated growth of 10.5 percent in the next fiscal, it added.
Nasscom has cuts the growth forecast by 8-10%. The National Association of Software and Service Companies (Nasscom) projected export revenue to grow 13-15% to $56-$57 billion in the year to March 2011, below the previous outlook for $60-$62 billion.
Nasscom chairman Pramod Bhasin was quoted by the media as saying that the sector is impacted by recession and the economic environment will take another two to three quarters to stabilise.
The growth rate in the current year to March 2010 would be 5.5% to $49.7 billion, Nasscom said.