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Strategies & Market Trends : India Stocks

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From: tom pope	2/22/2010 8:30:14 AM
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Excerpt from the FT At Bangalore-based Wipro Technologies, India’s third largest information technology outsourcing company, an important experiment is under way. About 500 employees are hooked up to a central computing “cloud” – a collection of shared servers and software – in a pilot programme to study the potential of a trend that could change the way the outsourcing industry works. The pilot found that, whereas in the past, an employee at an outsourcing company might take about 43 days to set up a new project, including sourcing servers and hiring staff, it can take about 36 minutes to set up on a cloud network, says Girish Paranjpe, Wipro co-chief executive. With just a password, all the necessary computing power and software is available on the cloud. “The potential is huge,” says Mr Paranjpe. Cloud computing – in which customers ultimately buy computing power and services and applications over the internet from a third party – is poised to become the new battlefield between Indian and global IT outsourcing companies.

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