For those who have seen the raise of the rupee against the greenback a last couple of quarters, the question mark stays - "Will it continue to raise or will it reverse back to the Rs. 45 to 1 USD levels ?"
Mainstream analysts concentrate on big ideas "Go ahead and build assets in U.S., make that acquisition now, etc., etc.,". Sure, all valid points for the big ones.
Can the IT SME's, who supply predominantly to the US markets, think of any opportunities for leveraging the other side of the depreciating greenbuck ?
1) Invest in Marketing / Brand building
For those SME's who have an evolved and well defined offering, this is a right opportunity to invest some dollars into brand building/ PR/ Marketing activities within a niche segment in the US.
How to do it ?. Well, one could probably begin by hiring a consultant, whose price may look to be attractive now. The same goes for any travel that you have been planning to be in the US, to network with your prospect set actively.
What you sow now can reap good benefits when the USD rebounds.
2) Hire Contract Resources
For the SME's who are facing a top talent crunch for any open projects, this is the right time to hire and import some senior talent on contract for a 12-18 month time frame (at prevailing prices)
3) Look for contracting long term managed services partners in the US
The time could be ripe for looking at managed services providers from the US like ASP's, Managed Hosting Services, etc,
4) Software upgrades
Think about migrating from some of those trial versions in use to a full fledged software product suite that you always thought would add great value to your operations.
5) Outsource to the US
Though this idea can seem preposterous, I am sure there are opportunities in some niche jobs like design consulting, documentation, product packaging, etc., that could be done on contract from professional firms in the U.S
Overall, though there may not be many ideas to negate the effects of a raising rupee on the cash flows in an absolute numerical value, one can definitely blunt the edge by utilising this wave to look at the US closely as a supply source in some of the above ideas, than worry to death
The brave ones can..
Monday, August 20, 2007
Thursday, May 10, 2007
Helpfile for Internet Telephony in India
This is a first help post to the Citizens of the Community.
Due credit to Farhan at phone stack, one can access the license agreement for internet telephony in India http://phonestack.com/voipindia.html. It is a good source to understand what is permitted as internet telephony in India.
Due credit to Farhan at phone stack, one can access the license agreement for internet telephony in India http://phonestack.com/voipindia.html. It is a good source to understand what is permitted as internet telephony in India.
The context for "Open Share"
I could not think of a more appropriate first blog. As Citizens of the global community, which is increasingly becoming visible and one that is forged on economic compulsions, the mantra for success is "Openness" and "share" in an appropriate framework. The subject matter could be an idea, experience, feedback or public domain help / Faq information.
Many of us, who have grown in an eco systems where information was considered the only value and differentiator for economic success as against process and technology differentiators, tend to discount the benefits of open share.
The general context of the information and an executive summary forms the top layer, which is increasingly becoming available in the public domain while the second layer, which is the intellectual property of the content that has economic value, is better protected and commercialized. Analysis and distinction between these two layers will actually promote Open Share to the benefit of the Community.
If one takes a current overview of Blogs, Review portals, Print and Television Media, Forums (Both offline and in person), the takeaways are always restricted to perspectives, pointers and an open debate that helps a participant to create the second layer of value for themselves.
They would in turn share this value in the public domain in a social context or create economic value in a business context.
Welcome to my Blog. It is for the "Citizens of the Community", where different Communities are shaped in different contexts.
Many of us, who have grown in an eco systems where information was considered the only value and differentiator for economic success as against process and technology differentiators, tend to discount the benefits of open share.
The general context of the information and an executive summary forms the top layer, which is increasingly becoming available in the public domain while the second layer, which is the intellectual property of the content that has economic value, is better protected and commercialized. Analysis and distinction between these two layers will actually promote Open Share to the benefit of the Community.
If one takes a current overview of Blogs, Review portals, Print and Television Media, Forums (Both offline and in person), the takeaways are always restricted to perspectives, pointers and an open debate that helps a participant to create the second layer of value for themselves.
They would in turn share this value in the public domain in a social context or create economic value in a business context.
Welcome to my Blog. It is for the "Citizens of the Community", where different Communities are shaped in different contexts.
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