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T.E. Raja Simhan

Chennai, Sept. 30 Accenture, a $20 billion global consulting and technology services company, is seeing a shift in offshore service for clients from India to Latin America, according to the company’s Chief Operating Officer, Mr Stephej J. Rohleder.

“The interesting thing also in offshore is we are seeing a shift now from India to Latin America, for example, Argentina, as North American companies are concerned about their concentration in India and want to shift their offshore usage to other parts of our network,” he said.

For fiscal ended September 30, half of the company’s 71,000 employees in the global delivery network were in India, he told analysts while discussing the company’s annual results.

“As we continue to shift work offshore, we are going to let that drive the headcount. When I talk about the geographic diversity of our global delivery network, I really mean it because it is serving us very well, as our clients want to make that kind of shift,” he said.

The company recruited around 60,000 new hires during the fiscal to end the year with around 1,70,000 employees, an increase of 21 per cent over last fiscal. Attrition was stable at 18 per cent for the full year, he said.

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