Financial Daily from THE HINDU group of publications
Thursday, Feb 10, 2005
Financial Daily from THE HINDU group of publications Thursday, Feb 10, 2005 |
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Info-Tech
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Outsourcing Industry & Economy - Events `Selective sourcing to gain favour' Bharat Kumar
(From left) Mr Azim H. Premji, Chairman & Managing Director, Wipro Corporation; Mr Stephen K. Green, CEO, HSBC Holdings Plc; and Mr Jerry Rao, Chairman, Nasscom, at the India Leadership Forum in Mumbai on Wednesday. - - Paul Noronha
Mumbai , Feb. 9 SELECTIVE sourcing (or choosing particular IT projects a few at a time for outsourcing instead of giving a whole bunch out at one go) is the order of the day, according to Mr Robert McNeill, senior analyst, Forrester Research. In a presentation that dwelt on the top technology trends to watch out for, he said, "In a survey, we discovered technology projects that were selectively outsourced achieved a success rate of 77 per cent, while full IT outsourcing projects saw only 38 per cent success.'' He also pointed out that selective sourcing of projects helped clients retain better control while reducing risk. He urged an audience of IT service providers to become coaches to technology users who are now being challenged on what to measure and how to measure it. According to Mr McNeill, vendor management functions were evolving inside user organisations to help them manage not only processes and technology but also manage IT suppliers. Vendor management functions now help users align IT with business objectives, he said. Speaking earlier on the same topic, Mr Matt Thomson of Sun Microsystems said that utility computing would be the order of the day in future. "All industries move from custom-made solutions to utility-based ones. We can now deliver IT as a service.'' He recalled that Sun Microsystems had last week made available one gigabyte of memory per hour and one microprocessing unit per hour at a dollar each. Mr Thomson also dwelt on the increasing attention that service oriented architecture is getting from IT users. (Such an architecture is similar to the standards built into CD players. You can play a CD in a stationary audio system or on a smaller, portable player. But your ability to play the CD across systems is because of the architecture of the CD players that remain the same across devices.) According to him, innovation would emerge from young people who have nothing to lose and who have "little to worry about''. He cited the example of the Mozilla Firefox browser. "This has surpassed the Internet Explorer in functionality. And it came from a group of people that is very young.'' According to him, the Chinese Government is making financial grants to university students so that they could run companies using their business ideas for as long as two years, without having to worry about capital.
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