Ballmer: "Outsourcing is here to stay"
Steve Ballmer, CEO of Microsoft, has noted at the fifth Madhav Rao Scindia Memorial lecture that "outsourcing is here to stay", according to the Hindu newspaper.
Outsourcing as a business model has grown rapidly over recent months, with a number of sectors choosing to utilise it as a way to cut costs and improve productivity.
However, it is perhaps the IT sector which has best demonstrated the usefulness of outsourcing.
Mr Ballmer told the Hindu: "We will have to increasingly bank on India for scaling up our operations to rise on the next wave of innovation. So, outsourcing is here to stay. I have always stated that the so-called outsourcing is good for the US economy.
"With the US government making it more difficult for people to come into the US from outside, it puts in pressure on companies like ours to relatively grow our talent pool in India even faster."
Ballmer also noted that attitudes towards outsourcing have improved over the last year.
© Adfero Ltd
Outsourcing as a business model has grown rapidly over recent months, with a number of sectors choosing to utilise it as a way to cut costs and improve productivity.
However, it is perhaps the IT sector which has best demonstrated the usefulness of outsourcing.
Mr Ballmer told the Hindu: "We will have to increasingly bank on India for scaling up our operations to rise on the next wave of innovation. So, outsourcing is here to stay. I have always stated that the so-called outsourcing is good for the US economy.
"With the US government making it more difficult for people to come into the US from outside, it puts in pressure on companies like ours to relatively grow our talent pool in India even faster."
Ballmer also noted that attitudes towards outsourcing have improved over the last year.
© Adfero Ltd