Today in Tech: Manpower, Silicon Valley, Chromecast & more
It's common knowledge that of the top four companies TCS and Cognizant are doing well, while Infosys and Wipro aren't. There's another connection - the degree to which they are concerned about managing a huge manpower. While TCS and Cognizant do speak about non-linear growth, Infosys and Wipro give an impression that they worry more about this issue than their better performing rivals. During a visit to Forbes India's Mumbai office last year, Infosys CEO Shibulal called the pace of recruitment unsustainable. In interviews to Mint and Times of India, Wipro CEO TK Kurien makes a similar point. Kurien was always a big fan of automation in services sector, and now as a CEO, he seems to be keen on taking the company in that direction. As you read the following extract, pay attention to his vocabulary:
One can argue that since Wipro is not doing so well on the growth front, it's just a way of turning the attention towards margins. And that the language will change once the momentum comes back. May be so. But, in the long run, this is the way companies will have to think by default.
Here's an interesting paragraph from a Technology Review story on visa issues in the US
Bloomberg points out that Chromecast is Google's third attempt to get into your living room. The first was Google TV. The next was Nexus Q.
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