India: The IT Destination

As reported in International Herald Tribune:

The IT industry has created the maximum number of career oppurtunities this year, more than any other sector in India. India has harnessed the power of low-cost educated labor to build the off-shoring oppurtunities.

According to one of the reports nearly 42% of the new jobs advertised in the 2 months of this year were by the information technology sector. This survey was done by the Associated Chambers of Commerce and Industry of India Eco Pulse, or Assocham Eco Pulse, which tracked job insertions in January and February.

India accounted for 44 percent of the $39.6 billion in work that was sent abroad mainly by U.S. and European companies in the year ending March 31, 2005, according to industry lobby-group National Association of Software and Service Companies, or Nasscom. Canada got $12.6 billion and China $1.9 billion.

According to a December report by Nasscom and McKinsey, with routine back-office work which is performed from remote locations, India has the potential to get at least half of the $110 billion worth of global outsourcing contracts by 2010.

Also, according to one of the surveys by Assocham, the software sector is supposed to become a $60 billion industry by 2010, providing employment to nearly 2.2 mn people directly & about 6 mn indirectly.

Web 2.0 Hurrah !! or Hype !!

Indeed, Web 2.0 is a buzzword now. But what in the world is it & why do we need it ??

First thing first, its not just a one-off technology available of the shelf or downloadable, its just a tech movement.

Who is the world is running this movement?Run by massive participation of free minded people. It just exploded on its own & there was no one telling you about it. Its just exciting + free + accessible.

It was termed by few Open Source guys & it just became popular.

It doesn't have a business model & that is a business-mdel. Its just an innovation & so it does not have to have a business model.

Web 2.0 features Google AdSense, Flickr, BitTorrent, Napster, Wikipedia, blogging, services, syndication & much more. And Google has become a standard bearer for Web 2.0 as Netscape was a standard for Web 1.0.

Great work guys..

Coding vs. Configuring

Coding or configuring !! Am I coding ?? No, now its not coding but configuring. This has been a huge concept to sell, explaining people that in the integration tools, what matters is configuring, we are not coding now.

Probably for the development folks, configuring seems like working on hardware tools, but for the middleware folks, its all about, how good do they configure & not how good that code !! Just that its difficult to assimilate the information that is needed to configure.