Cognizant is doing good and doing well. The technology consultancy wants to stem the tide of slowly degrading technical education in the U.S. It has just made a $1 million grant over three years to bolster the technology and engineering portions of STEM (science, technology, engineering and math) education.

Specifically, Cognizant’s grant will help Boston’s Museum of Science create a library of video training tools for the Museum’s Engineering is Elementary program and allow the New York Hall of Science to build a “Maker Space” for hands-on learning.

Cognizant saw three broad issues in… Read the rest

The mover and shaker behind this project is Puneet Chandra, global head and vice president, Corporate Business Services, who was moved by the work of two institutions:

• The Azim Premji Foundation, whose goal is to educate the girl child in rural India
• Swami

… Read the rest

1. Global Movements in Outsourcing
2. How Indian Outsourcers Can Successfully Achieve Being Glocal

IMHO, American companies that outsource are contributing to that public perception. Chuck Collins, a senior scholar at the Institute for Policy Studies, just co-authored a report entitled “The Moral Measure of the Economy.” One of the findings was that many of the nation’s largest 100 companies refused to disclose the breakdown of their workforce between the United States and other countries. From that he concludes, “They don’t want the public to know how aggressively… Read the rest

Does this happen to you, my outsourcing colleagues? You go somewhere. Start talking to people. They ask what you do. You mention outsourcing. And then you have to don a bomb suit like the munitions squad wears to shield you from the ugly invective that follows. Specifically, they are furious that American companies are using outsourcing service providers who are then offshoring the work.

This is 2011. We’ve been offshoring for a decade. I am still amazed at the misunderstandings out there about the… Read the rest

Headline: “Nation’s jobs have gone overseas to the detriment of the U.S.”
Letter: “All I hear is, “Where are the jobs? The answer is they are overseas. … I don’t see other countries sending their jobs to the USA. How come?”

The jingoistic… Read the rest

1. Wipro’s Azim Premji Maps Out the Course
2. How Indian Outsourcers Can Successfully Achieve Being Glocal

Cognizant is enjoying double-digit growth, ranking among the top outsourcing companies in India, and was added to the Fortune 500 this month.

D’Souza took the helm at Cognizant in 2007 as one of the youngest CEOs in South Asia. He’s no stranger to awards and accolades. Business Week ranks him as one of the world’s most successful immigrants; he also received the Economic Times Entrepreneur of the Year award in 2005.

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Pay attention to these trends now and start planning  for them in your future outsourcing strategies — or you’ll wnat to kick yourself later for not having done it sooner.

Trend #1. U.S. and UK banks are currently reducing the number of service providers they use, narrowing them down to two or three providers with whom they have a high level of… Read the rest

1. Buzz Blog’s Outsourcing Pulse List – May 19, 2010
2. Global Movements in Outsourcing
3. Analyzing Risks to Experience Certainty

Two SaaS recruiting tools to be aware of: Evolv and PeopleMatter.

Evolv  is science-based talent intelligence software that goes beyond job-matching according to skills. It matches applicants to job types based on behaviors, motivation, and workstyle.  The company claims its SaaS tool reduces attrition by 20-30 percent and improves operating margins by 20 percent. Its $15.75 million in VC funding will be used to expand to global markets.

PeopleMatter was launched in September after acquiring the software assets of Columbia-based Acadia… Read the rest

Assessed on 36 criteria in three categories (current offering, strategy, and market presence), TCS was ranked as a Leader for global IT infrastructure outsourcing.

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First of all, some outsourcing deals are planned from the

… Read the rest