Organized by Sweden-India Business Council, IT-Företagen, Swedish Trade Council and Invest in Sweden Agency.
The complete program at www.sibc.se/seminars.aspx
Brief summary of what was discussed.
Her Excellency Deepa Gopalan Wadhwa, Indian Ambassador to Sweden - India, its culture and business.
Hans Witsenboer, Infosys. Flattening the world: ubiquity of technology, opening of emerging economies, shifts in global demographics and accountability regulation. Automate, eliminate, relocate, recruit....all possible to achieve "the China price". Flat world companies are innovating faster, increasing customer customization, etc. Flat world company: fully digitized, high level data use, inherent cross-selling opportunities, time-to-market is near instantaneous, cash recovery is near instantaneous.
Vikramjit S Grewal, Tata Consultancy Services - outsourcing has just begun! Learned from Sweden - it is not enough to be an Indian company, have to be, and be perceived as, a global company - doing work from India is not enough, have to be close to customers. The biggest opportunity going forward is for smaller Swedish companies - the larger ones are already doing it.
Anil Ughra, Hexaware - offshoring - strategy and criteria. Sweden and the Netherlands have the same size of IT market - but NL uses offshoring 3 times more. Huge opportunity! Approaches to outsourcing: transaction outsourcing, co-sourcing and strategic outsourcing. Offshore readiness - how do you know whether you are ready for offshoring - assessment.
Erik Thornberg, CapGemini- outsourcing, offshoring.... rightshoring- how to assess what to outsource and what not
Anjan Lahiri, Mindtree - 10 strategic mistakes when offshoring- if all Indians spent 1$ on breakfast, 1$ on lunch and 1$ on dinner, the Indian economy would be 1.2 trillion US dollars! Areas to look out for: time horizon, executive committment, success manager rather than project manager, critical mass, culture and change, understanding key people, right team for the right job, foundation for governance, communication. 70% of all failed outsourcing projects list communication as the main reason!
Bengt Johansson, Swedish Trade Council - IT market trends India- 100 Swedish companies established in India, 1 new every month
Niklas Zandelin, Exido - The Swedish IT market - trends and development (www.exido.se) IT budgets in Sweden growing faster than the GDP- expected GDP growth 2007 of 3.3%, IT budgets up 4.3%. Lack of IT professionals across the board. Offshoring no longer only for economical reasons. Sweden the largest IT market in Nordics, accounting for 38% of the total. Approx half of the IT budget spent is by companies with more than 1000 employees.
Rajeshkumar Sundararajan, Aricent - ongoing trend of fixed-mobile convergence and how outsourcing can be applied in this domain.
Henrik Thomé, Sonetel - collaboration between Indian and Swedish ICT competence- how an innovative entrepreneur can leverage skills and resources in India to build a global company.
