Indian IT companies have begun ‘hoarding’ employees and subcontractors in the US, ahead of deals in which to deploy them, as a limited number of technology workers is restricting the sector’s ability to win and deliver deals in their largest market.

In the nine months to December, TCS has signed contracts worth about $15 billion and Infosys<\/a> won over $4.5 billion, nearly a third of them in the newer digital segments, which require people to work alongside clients onsite.

“The supply side constraint in this (US) market is a real constraint and obviously that will play out in cost terms, as well as in terms of availability,” TCS chief executive
Rajesh Gopinathan<\/a> told analysts.

Unemployment in the technology sector in the US dropped below 2% in 2018 and the September data from the US Bureau of Labour Statistics show a massive gap in jobs and supply. Only one out of four software jobs were being filled.

There were nearly 115,000 jobs a month available for application software developers and fewer than 32,000 hires. Network and Computer System Administrators had 70,000 posting a month and less than 19,000 monthly hires.

Traditionally, Indian IT firms relied on H-1B visas to send experienced talent to work onsite but increased protectionism in the US has forced them to reduce this number and depend on local workforce.

The lack of talent has led the largest Indian IT company
Tata Consultancy Services<\/a> to begin ‘hoarding’ tech workers in the US, according to brokerage Nirmal Bang.

“TCS is being aggressive in stocking up on talent because it does not want to be caught with demand fulfillment problems that some of its peers faced in recent times and (they don’t want) talent to come in the way of achieving industry-leading growth,” Girish Pai, analyst at Nirmal Bang, told ET. He added that the availability of the right talent was increasingly a ‘critical factor’ in gaining market share and companies were locking subcontractors in advance.

Failing to lock in talent could lead to companies paying high costs later. In November, the sector got a sense of just how much a talent shortage could hit growth. DXC Technology, a US listed IT provider, said inability to bring on employees quickly cost it nearly $100 million in revenue.

“We saw delays in the ramp-up of a few large digital contracts. And while we continue to see strong market demand for our digital solutions, it is taking us longer than expected to bring on resources to support the digital growth,” John Michael Lawrie, CEO of DXC Technology, told analysts. “Several clients were also behind in scaling their digital transformations. Together, these delays impacted revenue in the quarter by roughly $100 million.”

For the third quarter, TCS’ subcontractor costs increased by 33% year-onyear to Rs 2,822 crore, while Infosys said sub-contracting cost rose by 55% (YoY) without disclosing specifics, HDFC Securities said in a note. Infosys’ third quarter margin also contracted partly as a result of higher onsite costs.

“Today, given the visa issues and challenges, our ability to depute people quickly from offshore to onsite is not as flexible as it used to be in the past. So, we have to use subcontracting as a short-term lever to make sure that we fulfill the demand,” UB Pravin Rao, chief operating officer at Infosys, said at the third quarter results last week. He added it was difficult to predict when the use of subcontractors could end.

Mid-tier players such as Hexaware and
Persistent Systems<\/a> have talked about talent shortages. Subcontractors, who can come on at short notice and can cost as much as 25% more than an employee, are now a key part of IT companies’ strategy in the US market.
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印度我们囤积人才技能短缺

在美国科技行业的失业率降至2%,2018年9月,美国劳工统计局的数据显示一个巨大的差距和供应工作。

Jochelle Mendonca 东印度缎木Pramanik
  • 发表在2019年1月15日08:40点坚持

印度IT公司已经开始“囤积”员工和分包商在美国,交易中部署它们之前,作为一个有限数量的技术工人是限制该行业的能力赢得并交付交易最大的市场。

在9个月到12月,TCS签订了合同,价值约150亿美元印孚瑟斯赢得了45亿美元,将近三分之一的人在新的数字段,需要人们一起工作客户现场。

“供应方面约束(美国)市场是一个真正的约束,显然将在成本方面,以及在可用性方面,”TCS的首席执行官Rajesh Gopinathan告诉分析师。

广告
在美国科技行业的失业率降至2%,2018年9月,美国劳工统计局的数据显示一个巨大的差距和供应工作。四个软件只有一个工作被填满。

有近115000个工作岗位一个月用于应用软件开发人员和不到32000员工。网络和计算机系统管理员有70000发布一个月,少于19000每月的员工。

传统上,印度IT公司依靠h - 1 b签证派遣有经验的人才工作现场,但增加保护主义在美国已经迫使他们减少这个数字,取决于当地劳动力。

人才的缺乏使得最大的印度IT公司塔塔咨询服务公司开始“囤积”技术工人在美国,据经纪公司“爆炸。

“TCS正在积极囤积人才因为它不想被需求满足问题,一些同行面临在最近一段时间,(他们不希望)人才来实现行业领先的增长,“Girish Pai Nirmal爆炸的分析师告诉等。他还说,获得合适的人才日益成为一个“关键因素”获得市场份额和公司提前锁定分包商。

广告
未能锁定人才可能导致企业支付高额成本。去年11月,该行业有一个是多么人才短缺可能会影响经济增长。DXC技术,我们列出的供应商,说无法迅速提高员工成本近1亿美元的收入。

“我们看到延迟高速增长的一些大型的电子合同。虽然我们为数字继续强劲市场需求的解决方案,它是把我们比预期更长的时间使资源支持数字增长,”首席执行官约翰·迈克尔·罗瑞DXC技术,告诉分析师。“一些客户也在扩展他们的数字转换。在一起,这些延迟影响这个季度的营收约1亿美元。”

第三季度,TCS的分包商成本增加了33% year-onyear 2822卢比,而印孚瑟斯说分包成本上升了55%(同比)但没有透露更多细节,HDFC证券在一份报告中称。印孚瑟斯的第三季度利润率也感染了部分现场成本上升的结果。

“今天,考虑到签证的问题和挑战,我们授权给人的能力迅速从海外现场并不像以前那样灵活。所以,我们必须使用分包作为一个短期的杠杆,以确保我们完成需求,“乌兰巴托普拉温•拉奥在印孚瑟斯首席运营官,上周说,第三季度的结果。他补充说,很难预测何时使用分包商可能会结束。

如Hexaware和中间层球员持续的系统谈到人才短缺问题。分包商,谁能在短时间内,可以高达25%以上员工成本,现在的关键部分企业在美国市场的策略。

  • 发表在2019年1月15日08:40点坚持
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Indian IT companies have begun ‘hoarding’ employees and subcontractors in the US, ahead of deals in which to deploy them, as a limited number of technology workers is restricting the sector’s ability to win and deliver deals in their largest market.

In the nine months to December, TCS has signed contracts worth about $15 billion and Infosys<\/a> won over $4.5 billion, nearly a third of them in the newer digital segments, which require people to work alongside clients onsite.

“The supply side constraint in this (US) market is a real constraint and obviously that will play out in cost terms, as well as in terms of availability,” TCS chief executive
Rajesh Gopinathan<\/a> told analysts.

Unemployment in the technology sector in the US dropped below 2% in 2018 and the September data from the US Bureau of Labour Statistics show a massive gap in jobs and supply. Only one out of four software jobs were being filled.

There were nearly 115,000 jobs a month available for application software developers and fewer than 32,000 hires. Network and Computer System Administrators had 70,000 posting a month and less than 19,000 monthly hires.

Traditionally, Indian IT firms relied on H-1B visas to send experienced talent to work onsite but increased protectionism in the US has forced them to reduce this number and depend on local workforce.

The lack of talent has led the largest Indian IT company
Tata Consultancy Services<\/a> to begin ‘hoarding’ tech workers in the US, according to brokerage Nirmal Bang.

“TCS is being aggressive in stocking up on talent because it does not want to be caught with demand fulfillment problems that some of its peers faced in recent times and (they don’t want) talent to come in the way of achieving industry-leading growth,” Girish Pai, analyst at Nirmal Bang, told ET. He added that the availability of the right talent was increasingly a ‘critical factor’ in gaining market share and companies were locking subcontractors in advance.

Failing to lock in talent could lead to companies paying high costs later. In November, the sector got a sense of just how much a talent shortage could hit growth. DXC Technology, a US listed IT provider, said inability to bring on employees quickly cost it nearly $100 million in revenue.

“We saw delays in the ramp-up of a few large digital contracts. And while we continue to see strong market demand for our digital solutions, it is taking us longer than expected to bring on resources to support the digital growth,” John Michael Lawrie, CEO of DXC Technology, told analysts. “Several clients were also behind in scaling their digital transformations. Together, these delays impacted revenue in the quarter by roughly $100 million.”

For the third quarter, TCS’ subcontractor costs increased by 33% year-onyear to Rs 2,822 crore, while Infosys said sub-contracting cost rose by 55% (YoY) without disclosing specifics, HDFC Securities said in a note. Infosys’ third quarter margin also contracted partly as a result of higher onsite costs.

“Today, given the visa issues and challenges, our ability to depute people quickly from offshore to onsite is not as flexible as it used to be in the past. So, we have to use subcontracting as a short-term lever to make sure that we fulfill the demand,” UB Pravin Rao, chief operating officer at Infosys, said at the third quarter results last week. He added it was difficult to predict when the use of subcontractors could end.

Mid-tier players such as Hexaware and
Persistent Systems<\/a> have talked about talent shortages. Subcontractors, who can come on at short notice and can cost as much as 25% more than an employee, are now a key part of IT companies’ strategy in the US market.
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