We had our first speaker series talk at ISB as part of the BTC. We had Kaushik Bhaumick from CTS - San Ramon, CA giving a presentation on the "Trends in Outsourcing".. While this is not a new topic for me but its very good to know that my thoughts are not very different from that of an industry leader

Key takeaways:

 1. The IT outsourcing industry will continue to grow for atleast another decade and a half

2. Next big thing is BPO — Guess, BPO revenue may soon overtake ITO

3. Lot of potential market coming up in Western Europe though US still remains as the main supplier

4. The industry may see some major consolidations in near future ( already happening.. Capgemini took over Kanbay and CSC took over Covansys).. As expected, we may end up with 5-7 major companies pitted against each other on a more level ground

5. The Indian IT industry surely needs to consolidate its position to move up the value chain..

Good learnings for sure!

Allright, now back to Stats!