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Dave Chen forwarded me a link to an article in the McKinsey Quarterly called: Ensuring India’s Offshoring Future. Below are the synopsis points of the article, which I think is worth a read:
* India’s lead in offshoring stems from its pool of well-trained, low-cost engineers for IT services.
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These nouveau techs are still fairly unsophisticated and don’t exactly need rocket speed processors or humongous memory cores, neither do they need DSPs. Nonetheless, they drive volumes, and the royalties will continue to add up, quite likely, for the old generation products from MIPS and Virage. Welcome to the age of commoditization!
Shame on you, Symantec! I have been thoroughly irritated by the Dysfunct1on of your Antispam product for a while now.
The Strategy has not worked. Some $20 Million in venture money has already been burnt in the trial and error process over the last 3 years. A few rounds of hiring and firing of CEOs and executives have already taken place. But the company has still not hit its stride. In the carnage of the last 5 years, the above has been the story in every VC’s life. Here are a few simple questions that I suggest you ask, and have someone facilitate gathering the answers. The answers will tell you whether the Dog can become a Tiger!
