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Infosys shares drop to 10-month low as whistle-blowers target CEO

113 点作者 mukgupta超过 5 年前

11 条评论

RcouF1uZ4gsC超过 5 年前
&gt; The allegations “could severely damage the company’s pristine brand if true, especially in the IT services industry,” Bloomberg Intelligence analyst Anurag Rana wrote<p>Bloomberg must have a different definition of &quot;pristine brand&quot; than a lot of programmers I have met.
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throwaway77384超过 5 年前
I have only ever run into dealing with InfoSys&#x27; services (back in 2011 or so they provided the entire media &#x2F; marketing &#x2F; advertising tech stack for Diageo, called Neo at the time).<p>Complete black-box. Impossible to work with. Impossible to get documentation. We literally had to debug via crash reports delivered to us every 24h. Of course it was ALWAYS their machine images somehow differing from their environments, so our tests passed locally and then failed in their black box.<p>Horrific performance problems (think services locking up at 200 concurrent connections...for mobile apps, when advertising-apps were still a thing. Released across virtually all pubs in a whole country. You can imagine how that went).<p>Of course they would continuously blame all their issues on the company I worked for at the time. And Diageo even fought tooth and nail to defend them. We had to waste an insane amount of resources just proving to them that their system sucked. Easily one of the worst examples of a company wasting huge amounts of money, thinking that outsourcing would save them money. It&#x27;s so stupid.
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goatinaboat超过 5 年前
None of these companies - Infosys, Tata, Wipro etc - actually has a business beyond convincing technologically illiterate Western senior managers, by whatever means, to outsource the core of their businesses for short term gain.
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r_singh超过 5 年前
I can&#x27;t help but notice the bias people from the west tend to have against Indian outsourcing companies. They have issues and downsides, sure. Major long term downsides, as an Indian programmer (not working for any of these companies), I agree (just like outsourcing to ANY company, be it American e.g. Cognizant).<p>Comments talking about Infosys&#x2F;TCS, not being a brand: programmers are not Infosys&#x27; customers, in fact it&#x27;s quite the opposite of that. Infosys&#x27; services replace programmers for their customers, who are non-technical managers who want to abstract the IT part of their projects and not be taken for a ride by technical people (not saying that all of them do, but a lot of times engineering department heads demand HUGE budgets to just become more important) and managers feel that a dependency like that makes it necessary for them to be obedient.<p>Just because they have downsides, does not mean that they are not brands. Infosys has innovation labs in universities all around the world. They award the Infosys prize to the tune of $6.5M to scientists for research. TCS is a strategic partner for projects like the British Rail Network.<p>I actually view Indian outsourcing firms to be firms that trade human hours, which turns out, are a lot cheaper in India. Maybe POTUS should actually impose duties on importing software too.<p>Update:<p>I also agree with fellow developers on the fact that these outsourcing cos. produce bad code and documentation and usually result in a net loss for organisations where technology is in inherent competitive advantage.<p>However, these downsides are not because of the lack of skill. It&#x27;s because of the nature of project based model that outsourcing firms follow. If anyone is to blame, it&#x27;s the myopic or misconstrued managers who employ them for projects where outsourcing is not the solution.<p>However, there are many applications where outsourcing firms do just fine. And hiring a separate engineering department could be a risky alternative.
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campfireveteran超过 5 年前
Infosys and TCS remind me of Uber and Lyft: business models based on magical thinking-rooted exploitation. Engineers need to form their own worker-owned consultancy co-ops and eschew corporations to capture more of the wealth they generate for themselves rather than as underpaid servants of said large corporations.
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kalesh超过 5 年前
My early years were in a big outsourcing firm &amp; man everything was delayed &amp; over budget. 3 months of development became 9 months. Projects promised in 6 months took 1 year of development. Projects with older technologies like VB - which worked quite well, code was clean were rewritten for no benefit whatsoever. These rewrites were sold by marketing people. People were overbilled everywhere.<p>Glad I left the Indian corporate scene &amp; started working remotely. Now I run a small remote QA team for an international firm at 30-40% less cost &amp; delivering at least 2x times these corporate giants.
gobins超过 5 年前
Two things that are frequently on the HN front page, negative news about China and Indian outsourcing firms.
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mathattack超过 5 年前
Reputation is relative. Their reputation is good for what they do - cheap bodies who can scale up and down.<p>Mahindra didn’t survive accounting fraud as an independent company. This could hurt Infosys too.
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neonate超过 5 年前
<a href="http:&#x2F;&#x2F;archive.is&#x2F;jhK6V" rel="nofollow">http:&#x2F;&#x2F;archive.is&#x2F;jhK6V</a>
hc91超过 5 年前
Music to my ears !!!
r_singh超过 5 年前
I see a lot of comments here attributing outsourcing firms to fraud. Let&#x27;s remember that these cos. win contracts fair and square by taking advantage of myopic tendering processes.<p>If there&#x27;s something to blame then it&#x27;s obsolete tender process that make it impossible for quality vendors to compete or for outsourcing firms to make realising proposals.<p>Overpromising and underdelivering is not fraud. Fraud is what VW, FB and Theranos and the likes have done.
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