News: Economic crisis pushing IT companies to innovate

#Updates

Economic crisis pushing IT companies to innovate

The current economic crisis is fuelling IT sector companies to come up with new and innovative techniques to fight recession. At Envision 2009, a seminar on IT Leadership Strategies, AL Jagannath, GM (Marketing), Sun Microsystems said that recession is pushing companies to adopt newer business strategies like cloud computing and virtualization. Speakers like Vivek Sahoo, Business Development Manager at Rural Shores highlighted the significance of rural off shoring and even termed it as a tool of strategic innovation. He further added that in order to maintain the cost advantage over its competitors in outsourcing, India would have to look towards rural areas for solution.

Topics: Updates, C-Suite

Did you find this story helpful?

Author

QUICK POLL

Is technology the answer to new-age talent acquisition challenges?

On News Stands Now
q_auto,f_auto/v1560247231/mag-june-2019.png

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

In the next three years, 120 million jobs in the world’s 10 largest economies will need retraining or re-skilling. To adapt to this new environment and help shape it, employees need to embrace continuous learning. Amid these changes, HR needs to not think, act, or be like traditional HR; they need to understand their job is now “human transformation”. In this issue, we will focus on what HR leaders and organizations need to consider today to prepare for tomorrow.

Subscribe
And Save 59%

Subscribe now