IBM to Set Up New IT Solution Centers in India and China

06 December 2006 (IT Market Research)
IBM to Set Up New IT Solution Centers in India and China

IBM will set up two new IT solution centers in China and India, thereby, underscoring the growing importance of Asian countries as a center of outsourcing activities.

IBM – the largest computer services company in world – plans to launch two new IT solution centers in China and India, underscoring the growing importance of Asian countries as an outsourcing hub.

Each of these centers will employ about 500 developers, whose main focus will be to create service-oriented architecture (SOA) for consumers across the globe (including those in the US). SOA’s feature standard based software components allow easy connectivity and reusability of various business applications & services. IBM expects that SOA based services will reach US$ 160 Billion by the year 2008. However, the company hasn’t declared how much investment it’s making in these two facilities.

The proclamation marks the most recent steps in IBM’s plans for centralizing software development activities in economical regions stuffed with talent. The company’s operations in China are comparatively smaller than in India. IBM service staff in China, currently, comprises 7,000 employees and above 40,000 employees in India. However, the company sees good growth in China.

This further exhibits the commitment of the company to Asian market where it’s expanding its operations at full tilt. The new centers will likely be set up in Beijing (China) and Pune (India).
http://www.prminds.com/pressrelease.php?id=3721

:puke:

got in tax breaks last year or if they paid any taxes AT ALL? It's time to start fining these Corporations, and I mean BIG fines, if they take tax exemptions for "doing business" in the U.S. and then outsourcing all of their work.

Fucking swine! :grr:

Hm, wasn't there an article recently about rising wages in India? I wonder if the Indians will be required to train their Chinese replacements.

that move their manufacturing and customer service facilities and operations to low or slave wage markets, THEN maybe this kind of crap will come to an end. Thank YOUR political representatives for the free trade legislation they have passed, MOST JOBS in America are in danger of being relocated or outsource to CHINA and ONLY the filthy rich corporate hogs and the wall street lampreys benefit from the dismantling and destruction of the American economy and the middle class.

'down-sized' with 29 1/2 years of service. However, IBM has been an international company since 1924. It has employees in 170 countries world wide, with about 150,000, of about 329,300 total, in the USA. They paid $4,232,000,000 in taxes last year, with a rate of close to 35% (federal and state combined). Their revenue growth is fairly stagnate in the USA, but growing by up to 59% a year in India, China, and Russia.