Tag: global talent

UK Sees “Global Portfolio” Dividends Across the Atlantic | In the News

The CrossConnect Forum is a platform for European and United Kingdom enterprise leaders to engage partners in the Americas to overcome increasingly intense operational pressures and sustain market leadership. This first-ever forum explored a new avenue of partnership-based innovation and examined new ways to re-think and re-design the core operating systems of today’s globally-focused organizations.

Rohitashwa Aggarwal, Partner, Global Sourcing, who joined a panel at the forum, discussed how the demand for tech and business services keeps expanding in the United Kingdom and other European markets. He suggests that in spite of this growth, talent availability remains a major problem for the region.

The Last Word: CEE’s Value Proposition Is Stronger than Ever | In the News

Rohitashwa Aggarwal, Partner at Everest Group, shared his insight in Cross Connect Forum and gave an overview of the business services sector. 

“Globally, the industry has grown by leaps and bounds over the past 30 years, reaching US$300 billion. And even in 2023, with all the macroeconomic challenges, the series of layoffs that we are seeing, there is a huge demand for talent, technology, need to outsource more from a customer experience standpoint, from operations. The growth projection looks small compared to the last few years but if compared to the last decade, it stays on point,” said Rohitashwa.

Read more in Emerging Europe

Tata Sons Ropes in TCS Veteran Pratik Pal to Drive its Digital Play | In the News

Tata Consultancy Services president Pratik Pal, who ran the IT company’s multi-billion-dollar retail and consumer goods business, is said to have moved to Tata Sons as the salt-to-software services conglomerate doubles down on digital initiatives to improve its offerings to customers.

“It’s always a good idea to keep new blood coming both by making new roles for existing leadership as well as rotating them from time to time. This also helps in keeping the talent in house rather than seeing it move to competitors,” said Peter Bendor-Samuel, CEO of IT advisory Everest Research.

Read more in Economic Times

Moneycontrol Special on Hiring Trends – Part 2 | Rise in Overseas Hiring May be a Blessing in Disguise for IT Companies | In the News

Five years ago, one would hardly find the mention of overseas hiring in annual reports of IT companies. Now overseas hiring, especially in the US, is one of the key points of discussion for the IT majors, thanks to the tightening visa regulations.

Yugal Joshi, Vice President, Everest Group, a management consultancy firm, said, “Most of the Indian heritage service companies are trying to hire onshore talent as much for visa as for the political climate. A lot of them never used to visit campuses or hire fresh graduates, now they are doing it. This is a significant departure in their talent strategy.”

Read more in Moneycontrol

Indian IT Companies Look at Mexico to Overcome H-1B Visa Issue in US | In the News

The H-1B visa issue and talent crunch in the US have made Indian IT majors look at alternate solutions such as low-cost nearshore facilities in countries such as Mexico, to tackle the problem.

Peter Bendor-Samuel, Founder and CEO, Everest Group, a consultancy firm, said however there is a catch. He explained that while the Indian firms are investing in training the US campus hires, there is a problem of attrition as other companies are vying for talents that are trained and short in supply in the US.

Read more in Money Control

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