Friday, April 3, 2009

How to select Web Designers?

Maybe you’re thinking of getting the services of a web designer. You have felt the need to come up with a web site to increase business presence, or perhaps to highlight a product or a service that you now want to introduce to the market, or maybe just to provide you an avenue to generate more sales. Whatever the reason, you’ll find many web designers that could take your idea and come up with a design and a solution to move it forward.
How can you tell a good web design? How do you select a web designer? These are questions that are often asked and not doubt, as you consider the web site you want to put up, have entered your mind. Before you go around shopping for a web design company to start working on your site, first determine the idea behind and the purpose of your website. Why are you putting up a website? What do you aim to achieve with it? Once you have carefully considered the answer or answers to this question do you move on to finding the web site designer otherwise it will be a waste of time not only to the designer but also to you as both come with a design to match with a measure that just isn’t there yet.
You want to check the web designer’s company reputation and reliability as your next step. If you find that asking around the local community may be too much work, performing a simple online research may work for you. A record of the companies they work with of previously have done business with would reveal much. Also, you’ll find owners of the business they’ve done work with willing to recommend them if they are satisfied with the work done for them. Moreover, the length of the time the web design company has been in business could also be taken into consideration.
Next thing you want to see is the web designer’s portfolio. Look at their past projects and see how their work previous works appeal to you. Viewing a sample of their work helps you gauge the quality of their work. Lastly, you want to evaluate whether the web design company has had previous experience or specialty in developing the kind of site you have in mind. They may have completed visually superior and appealing website but they haven’t had any experience designing a site with the kind of product you are offering the market. The website design company should have the ability to understand your needs, your purpose and design a suitable website that will address those needs and purpose.

Sunday, March 15, 2009

How to Find the Right Web Design Company

You want to put up a website and don’t have any idea how to go about it? Well, don’t worry. There are hundreds if not thousands of web design companies that could help you with your need. The problem may more particularly lie in finding the right web design company.
When looking for the right website design company to address your needs, you’ll be going through a lot of searching as the internet abounds with information on a lot of website design companies. But using technology to your advantage should lessen your work and lead you to the right direction in no time.
Maybe you have a special content that you want to target a specific niche with. Or perhaps you have tons of pictures you want to see posted together with information describing these pictures. Maybe you offer a service and you want to let people know in a given area how they might avail of your exclusive work. Whatever reason you have for the website you have in mind, you want to have the right web design company to look into your needs and objectives and translate this into a website that not only will appeal to its target audience but also translate their visit into revenue.
You want to web design agency that listens and tries to understand your requirements. Beware of web design companies that are ready to offer you solutions before they are able to hear what you have to say. You are looking for a design company that will be honest and forthright in dealing with you. If they are offering customized solutions, then there should not be any of their work that looks like it or comes close to looking like it, else it is not customized. You want a company that has a good length of experience working with your kind of product or service. You want to look at their previous work, the quality of it as well as the results it has achieved with its intended customers. You will also need to know the cost of the services beforehand. More importantly, you’ll want a web design company that will present you with their finished product before asking for any payment. There is a big risk of being scammed nowadays and you want to protect yourself from that.
The right website design company is there for you. But rather than expect them to find you, you have to look for them yourself. And with a little bit of effort, you’ll be sure to come across the right one.

Help for a Novice Website Designer

It you’ve been itching to create a website design of your own but do not have the confidence that experience and computer education background brings, this could be a formidable challenge. Well, fear no more. New web development programs available in the market now make the task so simple that almost anybody can do it. Aspiring web site designers will be amazed of drag-and-drop functionality that makes it so easy to design a site from scratch with only the use of basic building blocks
When you visit www.automatic-content.com, you’ll find options in the creation of headers or banners. You can customize these to suit your specific needs. And you will be able to do this without having to learn anything about HTML coding. It is the software that takes care of all of this, all behind the scene.
There are times website designers just couldn’t come up with an idea for design. Software gives you a jumpstart that’s just enough to give you the boost you need to get started with the website design task. Take the creation or design of banners and headers for instance. Web design software is able to take care of this job nicely. Some software allows users to tweak the existing banners by changing backgrounds and colors, or by changing the graphics. This makes it easy for users to remake banners and gives them flexibility to create their own. Better programs even allow the option of storing banners which have been modified within the program for future use.

Although design and layout may be learned, it is easier and faster for a novice website designer to make use of an existing site as a template or reference when creating a skeleton layout. New generation website design software help users create layout by allowing them to drag and drop building blocks to their website framework. This software does not require the knowledge of CSS or work with complicated codes and tables. You may check www.javascript-magic.com for additional information. Some programs even allow auto-size of images as they dragged and dropped into their place.
In the past, one had to learn HTML and all that stuff to be able to create a website. Now, it’s all a thing of the past as website designers never had it so easy.

Guide to Effective Web Design

With all the different websites that we come across daily, it is so easy which ones are exceptional, which ones are good, and which ones have no business being up there anyway. We don’t need any special training to be able which web design works and which ones plainly do not. However, it is one thing to visit web sites and offer judgment on its design; it is quite an entirely different matter to design the website yourself. The following guides should help you create an effective web design.
The textual content should be formatted in an organized manner and should be easy to read. Keep in mind the principle behind headlines and sub-headlines. Use font styles and sizes that are easy to read and easy on the eyes. Refrain from use of scripted fonts other than in graphics where it may be used sparingly. Use universal fonts that come loaded in everyone’s computer. If not, your selected font will be substituted on a computer that doesn't carry that font. Most people prefer Verdana and Arial for the web since they appear neat and are easy to read. Avoid grouping things together and placing them close to the margins. Correct spelling and errors in grammar that you find.
Navigation buttons should clearly define content areas and be consistent on every page. Visitors shouldn’t have to hit the back button to move around or to look for pages. Nothing is more frustrating than getting lost on a website due to faulty navigation. And make sure the links you placed all work. Create a template from the design that is applied to your pages. Primary colors have universal appeal, particularly for corporate sites.
And whether the web site design is fixed in size or towards screen percentage, you should be aware that there are now bigger monitors with higher screen resolutions compared to what we had before. The design may look great on your monitor but may be an eyesore on others. The designs should be tried across browsers and in different screen resolutions. Be on the lookout for any issues on design. Contact and email subscription forms should work properly. It is also a good idea to see from time to time if forms work since problems can arise mysteriously, especially if there are upgrades or issues on the server. If you are getting constant stream of feedbacks or sign-ups, you know that your website is working just great and being the effective website it is supposed to be.

Getting Your Website Design High Ranking

You’re probably asking why you’d bother to get your website high ranking. Well, if your website was put up as a hobby or for social purposes, it probably wouldn’t matter much to you. But to commercial websites or even those that rely on revenue generated by hits to keep the web site up and running, it matters a lot. Whether you like it or not, there are expenses associated with keeping a web site running. Higher ranking can be equated with higher hits or site visits. And hits are the lifeblood of web sites.

Website design is probably the most significant element in helping a site attain a good search engine ranking. It is usually the websites that observes good design principles and offer quality content that obtains high ranking from the search engines.
Website visitors more often take to the design of the site, than any other feature. The elements of visual design, which includes layout, images, typography, color scheme and white spaces create the first impression on any given site. High quality images and graphics create an impression of better quality products or services. It seldom fails to impress visitors who often make snap decisions to make a purchase based on the appearance of a website alone.
In order for a website design to obtain a better search engine ranking, the objectives set as the reason for creating the site must be clearly defined and understood, not only by the organization but also the website developer. The site should be designed to fulfill the objectives set. It should be the objective that drives the design and content of the site.
The website size also bears a significant impact on web rankings. Search engines favor content, so it is a difficult task indeed to obtain high search engine rankings if the web site if composed of only a few web pages. Along with this, the correct use of HTML Meta tags becomes essential. Although offering visitors a more aesthetically pleasing reception by using images and graphics may look like a reasonable option, it is the most difficult to optimize for search engines. The search engine robots are unable to read graphic or animation texts. A reasonable amount of textual content is highly suggested.
Anyone can make a great website design. However, if no one finds it or visits it, it hardly serves a purpose. It’s like building a very beautiful house, but with no doors to let anyone in.

Essentials to Web Design Company Selection

Web design company selection is the first step to starting your online business. Your business web site not only serves as the meeting place for your customers, it also becomes your showroom or online office. It is a place from where you shall conduct your business. For this reason, it is crucial that to design your website well and tailored to your requirement. Consider the following questions when you select your web design company to build your website.

Is your web design company a proven professional? No matter what some people would have you believe, to designing a website is not a very easy task. There is a lot that need to be carefully considered and evaluated prior to and after the completion of the web design. And this best done with the collaboration of a professional. A website calls for an expert's eye to recognize inadequacies and flaws that might just not be there to lay people. It is therefore imperative that your website be designed with the help of a professional or someone who possess a complete and thorough knowledge web design.

Have you seen any of their previous projects? One of the surest ways to assess any web design company is to go through a portfolio of their previous work. Learn how they handled their past projects and what came as a result of it. This usually gives you a good idea of what they are capable of and what you may be able to expect from them. It is not unusual for web design companies to display their best accomplishments in their company portfolio. You need to be smart and do your homework. You should be able to find additional information with just a few strokes on your keyboard.

Do they offer extra facilities? These days, the web development industry is in a big competition, and to be among the leading web design companies, they usually take extra efforts to stand out from the rest. This works to your advantage as many of them offer value added facilities and services on top of the usual. These special services include SEO specific content development, or even Flash home page design. These offerings differ from project to project and from client to client. Take advantage of this development and demand extra services on top of what they are offering you.

Thursday, March 12, 2009

Essential eCommerce Principles for Web Designers

If you are a businessman thinking of putting up a web store, ask your web designer about making use of ecommerce website design. eCommerce websites are designed in such a manner as to persuade visitors to purchase by the means of positive reputation established with the customers. Although it may sound simple, a web designer actually has to abide with a number of selling principles in designing the website.
Designing an eCommerce website is similar to working on a regular website in the sense that you give due consideration to the design layout, color selection, etc. You have to make it well organized and appealing. When a prospective customer visits the website, he should be able to easily navigate it. All internal links has to be functional, or it becomes annoying to visitors and increases the chances of their leaving the site disappointed. These are not entirely new as these are known to marketing experts. The challenge lies in converting these guidelines into online marketing techniques.
The major challenge for web designers working to build web stores is recreating the same interest, drama, and suspense that are found when a customer visits a physical store. The entire eCommerce website has to have a format bearing specific online paths or links that lead them to the final checkout of the product they desire. However, in many instances visitors find a short cut taking them to another page other than what you intend for them to go.
Selling any service or product via a web store is much more difficult compared to selling in a physical store or shop. Well-designed eCommerce sites are able to lead a customer to the desired page in one or two links max. Putting a sales letter helps and it is usually linked to the order form. The sales letter’s unique property is that it sells one product at any given point of time. The visitor finds information relevant to the product in an orderly and presentable manner, with the option to click on the order form any time he decides. Should the visitor need more information before he can decide, he may continue to read more product details.
There are many other principles pertaining eCommerce website designing and creation. These are largely affected by the type of service or product your business is into. Your web designer should be able to assist you with an effective eCommerce site for your business.

Custom Web Design Made Easy

While the usual web design templates would be sufficient and would suffice for most personal and small home & business needs, it may prove inadequate for companies and organizations seeking to set themselves apart from the competition. Indeed, to highlight a distinct solution or competitive advantage, the need for customized web design is paramount.
Nobody likes a copycat. And if you are an individual or even a company seriously after an image of innovation, originality, creativity; you wouldn’t want to hurt yourself by coming up with a less than impressive web design. And this is where custom web design solution providers come in. They provide you with a web design that is tailored to your specific needs and requirements. Or do they?
Obtaining custom web design solution starts long before you even consider employing the services of a web designer. It starts with you. It starts with your idea. What unique idea do you have? Say you have discovered a health remedy and you want to share this with others. Perhaps you have created the perfect software to create flash content. What is now the objective of the website? Probably you want to get more people to know about what you have and get them buy it. Or just gauge people’s reactions or solicit comments. Whatever. Then, you go after prospect audience. Your segment. You don’t want to put up a website and target audience using shotgun approach. You want to carefully consider your niche. These are all elements that have to be seriously studied and considered. This is where it all starts.
When you have everything ready, you find yourself a custom web designer. There are elements to the selection of the right designer for you. You’ll find guides to making the selection throughout the internet. Some even provide location-specific help. Do your homework and it should save you plenty of time and effort. But a custom web design provider should be able to thoroughly understand your requirements. He should be able to develop web design recommendations that you can decide on or collaborate on. There are some that cautions against the use of design templates and they have a point. However, if the templates does meet your need and requirement, I don’t know why there should be an issue with that. Your custom web designer should be able to assist you in determining whether a particular design helps to meet your requirements.

Wednesday, March 11, 2009

CUSTOM WEB DESIGN

The web is a new world contained in a box called computer. It is actually considered an artificial world for most people particularly the ones we called as techno-geeks. They create their own rules and since they have a language that not all people can understand, they are somehow incomprehensible and most of us considered them as odd. But they’re the only individuals who knew the twists and turns on the net. They usually make the web colorful that attracts and at the same time urge many to use the net. Artistic designs, amazing color combinations, and urging words are just some of the important elements of a custom web design, making the web an exciting place to eat up time or to explore.

In fact, nowadays it’s not only the techno-geeks who knows the “what and how’s” of the web, but even those individuals who simply want to acquire knowledge about it. Custom web design is just one of the most interesting part of this new technology. Some have even made it as a business or apply it for their business. If you own a company or a business, it is good to expose it on the net by putting up a custom web design to attract potential customers. With a unique custom web design, this will definitely provide you the best result for your business’ profits. This is one of the latest and most effective means of attracting more customers.

If your web site is comprised with a good custom web design, visitors will surely stick to your site. But of course in creating this, you will need a help of a professional web designer. This task requires expertise as well as practicality. Having rules to follow will give you better results. Here are some of the few pointers that you should remember when considering a custom web design. First things first, of course, plan about the lay out and the particular design that will match the theme of your web site. Other than that, you have to make sure that website effectiveness elements are there such as the text type, size, font color and size, color scheme and the navigation system.

It is cool to have more graphics or images, however do not overcrowd the site with these. This will make the loading of site, slow. And if that happen, your customers will get irritated and will leave your site. When applying a custom web design, ensure that the elements match the theme and you’re using them accurately. With enough practice, you’ll master the art of custom web design in no time.

Boost your Online Business with Custom Web Design

Custom web design companies have provided business organizations with solutions to improve business prospects since the early beginnings of web commerce. These companies design web sites to the exacting world standard for websites transcends countries and boundaries. The collaboration of programmers, marketing executives, and designers within the web design company assure you of visually attractive, rich an appealing website that is tailored to your business requirements. Their combined expertise and business experience help you present your ideas to the market in a manner that would be beneficial to your business.

Custom web design companies take care of every little detail regarding the design of your site. They ensure that your web site will stand out from among the rest. You can be sure that the layout and design will be clean and consistent in style and details. The following are key elements of quality customized web designing.

Rich visual appeal
User friendly
Layout and design consistency
High-quality interface design
Informative content
SEO friendly
The custom web design companies’ web design process is very user-centered. They take the users as the primary element in the design process which is very important in coming up with an effective design. The planning, design and execution process must always take into consideration the usability of the site to ensure these important benefits:
End-user satisfaction
End-user productivity, completion and success
Lowered support and training costs
Scaled down long-term development costs
Return business to improve competitiveness
These factors are indispensable in helping your business secure a firm footing in the web market.
Custom web design companies first examine the work and requirements of your business. They then consider the goals for the company website from the perspective of the business and the user in their detailed analysis. What follows is the determining of the user needs and target usability requirements, evaluating current versions of the site, executing a competitive analysis and if necessary conducting surveys and user interviews.
Custom web design solutions provided to businesses are packaged differently. All web design companies offer both economy and corporate packages. The economy packages may be availed of by individuals or small and medium scale enterprises, while corporate packages are offered for the website development of big companies which is usually on a long term basis.

Tuesday, February 24, 2009

IT ITES Downtrends

Among the Asian markets, India plays a major role in IT and ITES outsourcing. The current global down trends are highly influencing the Indian IT and ITES industries. This influence is acting in negative and positive directions simultaneously on Indian IT companies. The adverse effect of the IT down trend includes all sorts of cost cutting measures taken by multi national conglomerates. These are resulting in firing of thousands of IT and ITES employees by almost all the IT majors. To withstand the global IT down trends, the corporate are also planning to cut down all the luxurious benefits offered to their employees. A few of the IT majors are also planning to reduce the salary packages of their employees in order to ensure their survival in the market. The best and the most noticeable attribute from the IT employees is that they are with standing the adverse effects in their careers.

As commented by majority of the analysts, India and other Asian markets are also getting a positive opportunity to widen or expand their scope of services. The expansion of the scope of their services includes the IT majors entering into non-IT businesses. Some of the most profitable business, which the IT majors are interested into entering, includes knowledge process outsourcing, business process outsourcing, and data analytics. One of the advantages of the Indian IT companies getting into non-IT business is that they can easily get the required and highly talented skill sets at considerably lower salary packages. Thus it is proven that the IT downtrend is also a coin with two faces called pros and cons.

Information Technology Downtrends

Amidst the current economic downtrend and global financial crisis some of the major analysts forecast that the growth in United States IT and ITES spending will considerably reduce through 2009. The current global downtrend has forcibly held back some of the U.S. IT companies to cut down their research and related annual spending. These analysts opine that the U.S. IT down trend is hampering the IT spending growth at a very minimum expected rate of 1.5-2.0 percent. Some of the analysts predict that the purchases of software by the U.S. government and non government sector would grow in a minimal trend. The analysts are not even expecting a CAGR of 2.5 percent through 2010 for the hardware purchases. The major downtrend identified in IT and ITES segments is specific to IT consulting, which is expected to decline by 2-3 percent compared to that of 2008. These kind of negative signs are highly pressurizing the IT and ITES majors to re-think and revamp the hiring and cost cutting strategies.

Other related sectors such as financial services are not expected to grow as they are concentrating on cost cutting rather than increasing their annual expenditure. Media and entertainment is another sector that will highly reduce the IT spending, which will dip the huge revenues of IT and ITES companies. Retail and consumer durable segment has also begun facing the demand slow down due to increased inflation rates across the countries and decreased purchasing power among the people due to huge economic slow down. This will in turn reduce th IT or ITES spending of retail and consumer durables industry.

IT/ITES Downtrends

Global financial and IT down trends are the major reasons for recent recession and global panic. The IT downtrends gave a sudden quake to various market players across the industries. Emerging countries are grabbing the opportunity of hosting some of the best IT and ITES companies. This in turn is encouraging these counties’ governments to uphold their interests of educating people and increasing the English literacy rates. As the major IT and ITES projects are up coming in specifically identified locations, the corporate also have the wide opportunity to take nascent and fresh enthusiasts.

IT downtrend is also showing its adverse impact on internet majors. In recent past some of the internet companies faced financial crisis, that in turn provided a chance to its peer group to eye on grabbing either of its assets or rights in part and together. Some of the .com majors have diversified their business and entered into new verticals. The major opportunity for the IT companies is to turn their current client base into recurring client base for their new and expanded scope of services. In general, IT and ITES companies have more client base with highest confidence in their services and capabilities. Any non-IT organization, expanding their scope of services will have to spend huge amounts on their marketing and research strategies as it is a fresh trail for them. But the IT and ITES companies already existing in the market, will have their own trendy techniques deployed on retaining their current client base. This will make them easily pitch in to their existing client with an increased portfolio of services.

Downtrends of IT/ITES

Global financial meltdown has proved that IT or ITES sector is not giving enormous opportunity to functional or non-IT workforce. Some of the analysts opine that key movers and shakers of the IT industry are moving into non-IT industry. As per the slogan that the direction of the wind can not be changes but the sailors can turn their direction as per the wind, IT movers and shakers are entering into non-IT segment instead of trying to fight with the prevailing slow down. This shifting is due to the current scenario prevailing in the IT and ITES industries that are demotivating the senior management to step of out of the stagnant market segments. A major influencing factor for these changes is that non-IT segment has a major demand of highly talented and dynamic leadership. In order to face this upcoming demand, the industry is promising the attractive career paths to new leaders.

The increasing hiring of the non-IT companies began weakening the leadership teams of some of the global IT majors. IT or ITES companies are facing the adverse effect indirectly due to considerable brain drain to other industries. Non-IT industries are hiring generalists and specialists with different skill sets and trying to enter into IT related or enable services, which in turn is a major threat of existing IT players. Some of the global IT majors are approaching various techniques to retain their key leadership by promising attractive pay scales, incentives and adding huge value to their existing or current businesses and portfolios.

Downtrends of IT/ITES

Global leading business information research companies forecast that the world markets will take some more time to overcome the current downtrend. In the mean time, the majorly affected segment, the financial sector has shown its adverse affect on information technology services. The adverse effect of IT or ITES downtrend has in turn caused negative effect on all the sectors including manufacturing, automobile, and finance etc. As ITES and related BPO sectors are highly influenced by global financial crisis, IT majors have taken specific measures to mitigate the risks involved. The down trend in the current demand for IT and ITES majors has highly influenced them to move into other related verticals of business or technology outsourcing. This will in turn reduce the risk involved in losing the IT or ITES businesses due to the prevailing recession.

Some of the IT majors are also considering in shifting their operational and production facilities from expensive locations to cost effective and inexpensive geographies. This will be a major reason for some of the IT majors to diversify their business verticals into related business outsourcing activities. Diversification of the technology companies’ services has also increased the opportunities enormously for non-IT consultants and work class. However, some optimist analysts opine that IT or ITES industry is having a good time to save their cost and thrive for better business outsourcing projects. As majority of the IT companies are focusing on diversifying their current portfolio existing business outsourcing players are facing a major hindrance in getting their projects outsourced by new clients.

Friday, February 20, 2009

Fall of IT/ITES

IT and ITES down trend has drastically reduced the campus placements across the globe. Many IT giants have cut down their target hiring and almost stopped hiring highly paid professional. They have taken this critical decision by considering the future growth aspects and expected shortfall in the net profits. Major IT players, who contribute to financial and non-financial services sectors, have almost declared that they are planning to cut down the staff strength to the possible extent. Global economic melt down has almost put a comma, for campus placements. Especially the technology based educational institutions are facing severe employment restrictions and getting the students placed with very lower packages compared to past six years.

The research reports published in past four moths clearly refer to reasons such as IT or ITES downtrend to be the major and specific cause for decreased employment opportunities for campus students. However, the trend in past few years is also revealing that students are not showing specific interest towards the IT and ITES placements as they are expecting various hazards in these employment segments due to changing trends. This reduction in the student count for IT education is showing an increased impact on management education as the student community is highly influenced by the analysts and the media that the next best opportunity after IT or ITES is management vertical. However, the upcoming youth class is more interested towards other fields of study rather than IT or technology as they are highly terrified with the sudden downtrend of the total segment due to various other economic related reasons.

Downtrends of Information technology enabled services

Global melt down is targeting various sectors and industries and hitting the targets in right time. Some of the major sectors such as IT and IT enables services have joined the completed target list of global melt down. These affected sectors are in turn hitting the various segments across the globe. Manufacturing is one such major segment, which is severely hit by IT or ITES slow down. The decreased demand for various manufacturing products has almost reduced the segment’s operation by 30 percent. The IT or ITES slow down has also affected the financial services sector as IT or IT enables services are well known for turning upside down of the any industry. This in turn is causing great affects on all the related sectors including, financing, housing, food and agricultural markets.

Major affectants of the IT or ITES slow down also include aviation and automobile sectors, which are highly dependant on the active movements of IT and IT enabled service players. This in turn has created a panic in most of the other industries such as entertainment and media, construction, and other consumer durable or utility segments. The complete global market scenario is dynamically getting influenced with the rapid movements of IT or IT enables service industries. This has been proved from various examples that have taken place in past one year time period. However, the optimists in all the segments believe that this will be settled down with in next few months but the analysts thinking in safer terms are expecting the down time to come to an end in early 2010.

Downtrends of Information Technology

The global IT markets’ slowdown is ramping up the competition to a maximum extent and proving that some of the IT majors have began working on cost plus minimum margin models. The cut throat competition prevailing in global IT and ITES markets is providing ample opportunity for small and developing countries to host the dozens of office establishments in their deep interiors. In fact the global markets are thoroughly restructuring their working style by extracting the majority of the work from the fewer and most talented but cost effective employees. One of the covered but known truths is that newly hosting countries of IT majors are still importing the learned brains from developed or developing countries by paying the premium packages.

Some of the Asian tourist destinations including Malaysia, Thailand, and Singapore are hosting major IT players’ off shore locations and competing for offshore and outsourced projects along with other developed or developing countries. Some of the experts also opine that the IT or ITES downtrend has also provided ample opportunity to many islands to shape them selves as the future IT hubs. As a result of the global IT downtrend, some of the business processing and knowledge processing outsourcing providers are entering into innovative offerings including strategic cost cutting planning’s through data or cost analytics services. This will also reveal the story behind the screen that in spite of huge losses occurring to IT majors is being turned into huge revenues of other tiny players. The best way to describe the situation is “create a specific service that seem to be attracting to your customer and can fetch huge revenues to you”

Sunday, February 8, 2009

Downtrends of IT/ITES

The last quarter’s financial results of most of the IT players have shown a drastic reduction due to global economic slow down. This scalable slump is equated to the scientific ripple effect by some of the analysts. Though this was a predicated risk, the majority of the IT and ITES players have not considered the advance signs of the market slowdown. A drastic change is seen in ITES players’ management strategy and directions by cutting down the excess employee strength and replacing the expensive resources with low cost resources. The net profits of the most of the IT companies are down, which in turn will unveil the employment insecurity in all the IT or ITES employees. Some of the global IT exporters have moved their offices from most expensive locations to low cost countries and added to their cost cutting efforts.

This global meltdown has also influenced various business process outsourcing players by narrowing their scope of expansions. The sudden impact of the declining results was high on various stock movements and in fact influenced the total service sector with huge negative vibrations. The IT or ITES downtrends prevailed across the Asian markets has adversely affected all related investments. As the regular savings of various professionals and working class has considerably decreased, the per capita income in majority of the countries has abnormally reduced. A specific and enthusiastic question from every IT or ITES player is “when this downtrend will stop?” One can not easily guess the limit of this downtrend as it is again proven that ripple effect is a kind of end-to-begin effect chain that can not be easily stopped.

Downtrends of IT/ITES

As majority of the stock markets move dip into weaker curves, they reflect the collapse of the major growth segments of the decade such as Information Technology (IT) and Information Technology Enabled Services (ITES). This has in turn influenced the collapse of all the stock indices across the continents. It also resulted to the global melt down of economic and financial standards of almost all the countries. Some of the major research and survey firms have opined that global IT providers have faced one of the biggest hurdles for the decade. This downtrend has in fact affected their rapid growth rates and continuing huge profits from past few years.

This economic downtrend is further pressurizing the IT and ITES players to concentrate more on the cost cutting that is directly reflecting in increased flow off shore or out sourcing projects. This global down trend is also initiating numerous mergers and acquisitions and influencing major investment banks to enter into the commercial banking segment. This will in turn result to the reduced employee strength; lessen the demand for the vendors and decrease the IT or ITES budgets of the organizations. As the financial service sector players are some of the major customers of technology service providers, the downtrend has hit the most of ITES players. As majority of the technology clients are based in United States, the ITES service providers across the globe are affected. As per the renowned economists, this global downtrend is expected to continue through a few more years, which will further test the strengths of global IT and ITES companies.

Saturday, January 10, 2009

DOWNTRENDS OF IT/ITES – HOW TO OVERCOME OUT OF THE SCENARIO

Most of the outsourcing business in the world comes from the US. The slowdown of the financial and economic sector of US affects enormously in the world especially in India because over 50% of the US share goes to the Indian software and outsourcing markets. The impact on this slowdown affects IT and ITES firms more.
The slowdown of US financial and economic sector is a prolonged one. Structural readjustments are the main reason for slowing down the financial and economy sector of US while economic scenario of the global is caused through changing the currency and financial market fundamentals. The implications are significant for all the sectors of India which are linked on it. The strongest impact would be affected on the sector of IT and ITES.
The downtrends may lose out the companies that yet haven’t show the performance. For example, if an US firm has 20 vendors today, out of them 15 are located in India; the firm may fancy deducting the number to 11 or 12. So, many employees become jobless. Moreover the budget will be decreased about 15% by US clients.
The economic crisis of US is structural and therefore in long term and the trend of low-cost off-shoring will increase.
Indian IT-ITES companies, which are also, rationalize of labor-cost by getting rid of unused labor and employment policies tightening. There has been a focus on increasing the leverage sharply at off-shore in projects to get better profitability.

The talent pool of India is getting richer and only a matter of time, the Indian IT-ITES industry overcomes the slowdown glitch of US.

Thursday, January 1, 2009

DOWNTRENDS OF IT/ITES SECTORS – WHAT WOULD BE SCENARIO IN 2009!

As the financial and economic sectors are threatening down globally, the stock markets are tremendously dropped. The top analysts forecast that the falling down of the stock markets could reflect on the sectors of IT/ITeS in India. Their survey confirms the slower growth and lower profit could be happened in the industry of India especially on the IT/ITeS sectors.
The economic slowdown reflects a lot and very tough to reconstruct it. However, the investment banks are currently over staffed. To come out of the scenario, the investment banks are need to be converted into the commercial banks but this would reduce the employees, vendors and would have fewer budgets for IT/ITEs sectors. Financial service providers may hit to a trend of downward and may cost about 25% of the revenue because they are the most aggressive buyer in the arena of BPO services.
Most of the global IT and ITES business (nearly about two-third) are originated on the base of US. More than 40 percent of revenues of the global IT is flowed from the financial sector. More than 40 billion dollars are earned from US in the year 2007-08 and 60 percent of transactions are made by the Indian IT and ITES sector.
4-6% of the revenues of Indian IT companies are spending on sales and marketing. However, revenues are needed to minimize because of the mergers and acquisitions in US financial spaces. It creates a doubtful scenario for the Indian outsourced project in 2008; more than 25000 employees may become jobless in IT/ITES sectors. More than 40% of the major businesses may have cut their budgets for IT sections. This could be a horrible situation in the arena of IT and ITES sectors in India.