BPM companies increasingly moving towards outcome-based deals

Business process management (BPM) firms say they are increasingly moving towards outcome-based deals, or tying sourcing strategy to business results, in keeping with clients’ requirements and changing efficiencies brought on by automation and adoption of digital. As more and more businesses move towards digital technology-enabled solutions such as chatbots to increase interaction with their own […]

US reaches 65,000 H1B visa cap in five days for Financial Year 2020

The US Citizenship and Immigration Services (USCIS) said it has reached Congressionally-mandated 65,000 H-1B visa cap for the fiscal year 2020, after it started receiving the applications for the most sought-after work visa among foreign, including Indian, professionals. The H-1B visa is a non-immigrant visa that allows the US companies to employ foreign workers in […]

IT firms compete for larger share of global engineering services contracts

Engineering services have emerged as the next growth segment for Indian IT services players with most firms taking aggressive steps to corner a larger share of the outsourcing deals. For instance, companies such as Infosys, with lesser presence in some segments of engineering services, have now reoriented their strategy to clinch more deals from marquee […]