Sunday, June 29, 2008

Its June 29th ......U all know this but the reason to start with this is that its been exactly 1 year since HCL came to our college for placement. Its been a long year after dat. The college got over by april 2008 and ive been waiting for the call letter since then.........



Here am i wondering wat to fill in the blog and came up with an idea of doing an assessment of my Corporate Lyf that gonna start soon..
*Most of the ideas r from a wonderful book by CHAD FOWLER i came across.*

HISTORY :

The late 90's saw the boom in IT industry in INDIA and it was mostly due to the overseas IT industries. It was the time when most of the Americans went Jobless and Indians began to establish themselves in the IT field @ Americans' own backyard. As a result of this More Americans got Jobless and more Indians made them sweat for their earning.

The Reason :


* Indians worked with the same efficiency but for even 1/10th of the salary of the Americans or Europeans.

* Working hours r much higher than them.

* High proficiency in English as most of colleges hav English as their first preference.

etc....etc.......
This was the situation in the late 90's and the Early 2000's.......
Enough of the History. Lets come to the present situation>>>>>>>>>>>>>>

PRESENT SITUATION :

All these years we have been riding on our higher English profieciency and low cost . Unlike in the past, The present situation does not favor India much anymore. There are lots of competition arising in the form of CHINA,PHILLIPINES.....etc....
China always had this non-English attitude which led to their downfall in IT fields...But now there are about 5 Million English speaking Graduates coming out each year. The same is the case with Phillipines and other countries...If there is no problem with their English and cost ..The IT majors have no reason to not to go to them. Thus reducing India's growth in IT.......

The IT majors are even targeting European countries like Hungary and Ukraine as they are MULTI-LINGUAL and as they have to establish themselves in Europe.
So................Its Heating Up ova here.............................................


WHAT I MUST PRESUME AND WORK AT :

The trend followed by most Indian Engineers is that they get into much "BALANCED MARKET"
Lemme explain this to you...........
The way i differentiate BALANCED and UNBALANCED market is as follows.....

Persons in UNBALANCED markets are those who are well prepared with cutting-edge technologies and new programming languages. Assume ".NET" is an emerging technology at present. If u r a programmer who is well versed with .NET now, You can demand more salary from the Industry. This is meant by UNBALANCED market and you can excel with in this until it becomes a BALANCED market.
What i mean here is ......Sticking with the previous assumption of .NET, As the days pass by we get lot of programmers attracted to .NET and as they get hold of the handbooks of .NET...They too get more proficiency with .NET and give a tough competition. Thus reducing the cost of the .NET programmer until the market becomes a BALANCED one.




Most importantly we must know that when a company recruits us, give training and offer 3 lacs/annum or anything........"IT IS SIMPLY THE INVESTMENT THEY MAKE ON US."
Just take this in a business point of view...U get to invest on something to get profit. The same is the case with the IT companies. They risk their money,resources and time on us to get their profit. So they expect only "value for money" from us.
On the other hand, From the employee point of view ....remember that "WE INVEST OUR TIME AND KNOWLEDGE" on them. Its only whether we get the apt income or incentive for the effort we had put.

There are some points to be remembered here......

* Update with cutting-edge technologies....Make urself valid all the time.

* My job is a Business that expects profit on both sides.

* The most important thing than all above is the commitment we put on our work.

These r the things that came to my mind and thought of sharing this ..........And i hope i don overdo this presumption thing......

25 comments:

Chayan said...

nice one da...it informs us wat our priorities should be when we start workin...write a few more ones like these..

Girish said...

very correct & good info!!
do mention the URL with the article (frm next time)
BTW chinese have english speaking people but they are not intensely business driven right now (as in India is!!)..the big projects are still flowing to our country but only the low & less intense once are diverted to chinese n co.....dont worry, IT would be sustained in INDIA with good growth for a minimum of 8-10year

BTW we are willing investing out time in the companies (its out need) where as the companies investing 3Lk is not a need, its a mere fact that we are available and the only source..

cheerz 2 future IT employees

Prashanth Nagaraj said...

@chayan...
Thnkss da...

@girish...
U made some gud points....
btw...Some points were from a book i came across as i had mentioned it @ the start...Not any URl....
thnxxx.....

Prashanth Nagaraj said...

@Girish ...

U told "We r the only source"...
Thats wat i was talking about and that we r not the only source as far as now...as there r competitions raising from China and europe....

But ur rite that...Chinese r not Intensely business driven as india is...But they r catchin up....
There is a 42% growth in them in IT every year.

Tejas Lakhani said...

nicely described the life of IT people.
Your experience will be helpful to other IT people and you have nicely describe things to remember.

suna-pana said...

I liked the two figures in the first pic

Prashanth Nagaraj said...

Dai Balaji Korangu...
Those r my figs.....

xsystem | System of a Down said...

Helps people with an insight on corporate world.

It is true to every word.

BTW, whether the engineer is from electronics or CS or IT or chemical or Mechanical, he can go into IT ...

specially electronics ... they dont have any stream specific scope in this boom.

Prashanth Nagaraj said...

Yup...man....

But its the matter of their Interest and Sustaining in The IT fiels...
All of them cannot do that.....

RGL said...

great info da... very useful for the readers to understand wat's happenin around the corporate world...

alex paul k said...

useful insight 4 me frm a personal point f view,do keep posting abt ur 1st hand xperiences once u start wrkin

Prashanth Nagaraj said...

Yup sure bro....

rahul said...

impressive nd very correct
but with recession in US and a weak $ expect peer 2 peer competition to escape from employee layoffs which is runnin in the minds of our IT bosses.

rahul said...

guys ts a fact dat indian IT cos are not much getting new projects nd ts time they divert their moolah to R&D instead of doin service.

Prashanth Nagaraj said...

Xactly man...U got the picture....
We need to get into R&D more.....

Anonymous said...

dude
correct

massive sacking is expected ithis yr in IT sector
IT has no future in long term for people

IT is destroying people lifes

Prashanth Nagaraj said...

@ above....

I din mean that..Its destroyin our lives...dude...

Jus the fact..

Prashanth Nagaraj said...

They dont sack ppl jus like that in India...

I don understand Massive sacking.......but......

rinzu said...

an insight into the lives of techie people...!!!

i never knew a job for an engineer was based on so many ifs and buts...

its tooo much of a competition a rate race kinda thing...!!!

the post shows your priorities and its written well as in you have gone into the detailing...

good work...!!!!!!!!!

Raghul said...

nice info man..i learnt a few things like wat am i goin to do wen i enter the industry...very usefull..

VICK.. The kOntraDiktion.. said...

well said buddy.....

Resonator said...

good info. share ur experience after u join the rat race..:)
happy blogging
dreamsofresonator

Prashanth Nagaraj said...

Ya.be sure ab that....

Thnxx..

Anonymous said...

Hi! ALL viagra viagra online without prescription viagra viagra cheap viagra viagra online generic viagra free viagra viagra cheap viagra,cialis online,cialis price,cialis,generic cialis,cheap cialis,cialis online,cialis 20mg,cialis,cialis price,cialis reviews rtybtybtybu64

Anonymous said...

[url=http://actionglass.mobi/images/15bak.html]ugg classic short womens[/url] Chris Gibson, in wideranging interview, backs farm bill, airs concerns about gun control and immigration reform (VIDEOS) (3)?Barbara Lewis in town for The woman who wrote and sang one of the most perfectly crafted pop songs is coming to St.Il faut dcomplexer ces femmes.Une sance de magasinage s'impose donc Soul.Swat teams need an infrared device that will allow them to see where people inside the home are.Hiya DT! [url=http://click4corp.mobi/data1/163bak.html]uggies palm harbor[/url]
[url=http://dt-ac.com/products/402bak.html]ugg classic tall sand[/url] He is an individual and everything he does reflects on him and him alone.I am not protesting the existence of Playboy itself, but rather Sears' choice to add Playboy products to its Wish Book that is widely read by kids and families, and considered by many to be a beloved holiday tradition.Getting ready in the morningWhat can be more annoying than having to wake up extra early in the morning in order to get ready in time?So, when they suggested I be spokesperson for the campaign and with Daria no less I was over the moon.For many years, she had great personal interest and concern in improving and maintaining the records, grave markers, and general condition of the University Cemetery in Sewanee.Ever since she called me that, it has been like haunting my mind everday. [url=http://mckinneyfloortouch.net/Templates/527bak.html]ugg bailey button sale[/url]
[url=http://click4eegypt.com/185bak1.html]uggs lynnea womens[/url] No more fast money and no more credit.Because when I explained the important job for which daddy had volunteered, she immediately launched into a Father Knows Worst routine.Most people love , the book and the cartoon.Communication is also fundamental to its partnership with the retailer with email confirmations on orders and despatches, so customers know exactly when goods will arrive into their store.Another popular bento style is "oekakiben" or "picture bento", which is decorated to look like people, animals, buildings and monuments, or items such as flowers and plants.When the system comes back up your Disk check will begin. [url=http://mckinneyfloortouch.com/Scripts/517bak.html]atlanta dan uggla[/url]