The following appeared as a comment to an earlier post The Great Indian Outsourcing Ride from Nomad. Its a really interesting comparison and was posted by Anzil. Silicon Valley companies are based on ‘know what.’ They know the market, they know the technology and they know what products to make to earn money. Indian IT companies are based on ‘know how.’ They do the software coding for other companies that...

In the last two posts we saw the effects of the IT outsourcing wave- the good and the bad. Quite honestly few of the comments of the last one were perhaps more interesting than the article itself!! Please keep them coming. Let us now have a look at the final part of the series.     THE UGLY: The earliest of the employees of these firms were from coveted institutes like IITs, IIMs, IISc  and the like. So there was usually a...