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Thursday, October 12, 2006
Close to announcing India as the talent home and declaring several service offerings/research to be centered therein( one of the stated goals was to centralize work on one of its most strategic efforts-building SOA-based software systems that consultants can resell to customers in various industries out of India), IBM now announces that their chief procurement officer moves to China. With this, a corporatewide headquarters division moves outside the U.S.Afterall, the Pearl river delta is the supply chain of the tech world. IBM is said to be recasting its supplier base after selling its PC business to China's Lenovo and its hard-drive business to Japan's Hitachi. I like the fact that for the first time US multinationals like IBM's embarking on a transition from an American multinational to a global company, one that can run itself from wherever it makes the most business sense. This will pay rich dividends to all IBM stakeholders. Now chinese companies are on the prowl and India inc is stepping up overseas acquisition – the globalization effect is in full swing.
Category :Emerging Trends, Globalization |
|Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld