Cegonsoft Reviews and Thoughts on about the Software Client requirements
Cegonsoft Reviews and Thoughts on about the Software Client requirements
A Report from Gartner Research Group
A well-known research group Gartner has given an ac-count that the Indian domestic IT services market is expected to be worth nearly USD 14 billion in the next four years. India's IT market is expected to appreciate by 16 per cent of Growth Rate by 2014. Then the mar-ket rate would be somewhere close to 13.6 US billion whereas in 2009, the market rate was only 9 US billion dollars. This would pave way for umpteen jobs in India.Candidates are already enjoying a flourishing job market. However the job market is expected to turn even more prosperous according to experts.
Expert's Add
Senior Research Analyst at Gartner, Mr. Arup Roy informed to the press that IT market in India will be driven high during government investment in e-governance and e-governance activities has already initiated. Additionally, investment in defense service is also likely to positively influence the IT market in India.
IT Sector to Amplify it's Recruitment
IT industry is pressurized to expand Human Resource in organizations. Due to over-whelming flow of projects from foreign countries, IT stalwarts are technically forced to widen the territory just in order to meet the demand. It is likely to add 1.5 lakh re-cruits, nearly three times more than the last year's number of 50,000 to 60,000.Also as the recruitment in IT industry has escalated, the prosperous IT market with lift boats in sectors such as real estate, construction and travel.
Expert's Add
Chief Executive Officer and Managing Director at Infosys Mr Kris Gopalakrishnan, said "Though the global economy is in recovery mode, some also believe there is the prospect of double-dip depression. While busi-ness spend is higher now, government spending is lower. This may take 3-5 years for total recovery,"
TCS to Hire More Than 50,000 Candidates
Tata Consultancy Services has recently published news that their second quarter profit has exceeded the expectation. However, to meet out the additional de-mands from its foreign clients, TCS has decided to hire more than 50,000 people in the current financial year. This is also to handle the high attrition levels.
Expert's Add
Human Resources Chief of TCS, Mr. Ajoy Mukherjee revealed that the earlier tar-get was to recruit 40,000 candidates of which 30,000 candidates are alreadyhired. Nonetheless, he added that they are expecting to hire 20,000 and more. He also said that TCS had the highest quarterly employee addition of 19,293 people in its history but still attrition remained one of its key concerns.TCS CEO and managing director N. Chandrasekaran commented that utilization will improve in future and may touch to 85 per cent, if the demand picks up. He added that they don't want the attrition to be around14 per cent. They are keen about bringing the attrition rate down.
19 Openings (October 15 October 30, 2010)
Every recruitment call from our valuable client is looked at as a celebration in Cegonsoft. Our active and energetic team of HR specialists distributes the news across to all the branches and all the stu-dents. We make sure we send the right candidate based on requirement. After all "Client is Our King".We handpick students based on their technological knowledge, interest to work and enthusiasm to shine in life. With all those in mind and with client at our best interest, we send them the candidates.
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