An interesting discussion on Sramana Mitra's blog about Wave 3 of Indian IT Outsourcing by Sudhakar Ram. Read the article and the comments, especially by Subbaraman Iyer . Now, for my take on this topic. I must say both Sudhakar Ram and Subbaraman Iyer have valid points. I am reproducing my comment on their posts below. However, before you read my comments, here's little summary of the debate. Sudhakar Ram (he is the founder-CEO of Mastek)'s thesis is that the time is ripe for a Wave-3 in Indian IT Outsourcing. Wave 1 is the staff augmentation (body shopping) phase where Indian companies did low end work in India, and sent hordes of people to US to work at client sites. Wave 2 started in mid-90's and currently at its peak. This involves large scale offshore projects and implementation of CMMi and other quality processes, and world-class IT infrastructure. Wave 3 according to Sudhakar Ram will see Indian companies do what hitherto has been the preserve of global MNCs su...
"Like a tiny drop of dew, or a bubble floating in a stream..so, is all conditioned existence to be seen" - The Diamond Sutra