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IT industry on a hiring spree
IT industry is currently on a hiring spree. Indian software industry, almost all large IT companies plan to add more people over the next few months. Software skillsets as well as domain expertise are in great demand. Companies are also focusing on consulting skills as they seek to move up the value chain. Hiring is also targeted at specialised skillsets.The demand is for professionals with skills in packaged software like SAP, Oracle and PeopleSoft.
Wipro is recruiting at the implementation as well as the consultant and architect levels. For consultants, skills could either be domain or technology. 85% of TCS hiring is from the category 1 & 11 engineering colleges in the country. TCS also hired 148 MBAs last year.
According to Nasscom, the Indian IT industry added 737,50 knowledge professionals in 2002-03 over 2001-02 in software exports, domestic and captive software users sectors.
TCS added 4763 people in 2002-03, and about 600 people in the last 3-4 months. Infosys' net addition to employees in the quarter ended March 31, 2003, was 1298 as compared to 948 in the quarter ended December 31, ‘02. Wipro Technologies added 895 people in IT services in Q1 of 2003-04. Patni Computer has recruited about 600 people this year and plans to hire another 1,400 by December.
Intel India Development Center, will add another 2000 over the next three years, even as Oracle has announced plans to double staff strength to 6000 in the near future. The company added 1000 last year. CSC plans to hire 600 new people by the end of the current financial year.
Cognizant has recruited over 2400 software professionals from April 2002 to March 2003 and expects to add another 1500 people by the end of the year. i2 Technologies' employees increased by 25% in 2002 and it has recruited 100 individuals in Jan-Jun 2003. Manhattan Associates has added 142 people and plans to increase up to 195 by the end of this calendar.
(Compiled: July 2003)