IT & BPO sector in India has been experiencing tremendous acceleration, which makes it dependent on hiring more people to generate and maintain bigger revenues. One of the issues companies are struggling with is training new entrants, which leads to investing heavily in training infrastructure for new graduates. Industry observers say the training costs for just top four Indian IT players could well surpass $500 million mark this year. Infosys for example spent $125 million last year on training. "We find college education is not geared up for immediate employability in the industry," said TV Mohandas Pai, director (HR) of Nasdaq-listed Infosys. On an average, every engineering graduate requires 14-16 weeks of training, with costs running as high as $5000 per person, say industry experts.
According to Mr Pai, while revising existing curriculum and attracting strong faculty could partly address the employability issue, a higher intake of students by colleges would play a critical role in meeting industry's demand pipeline. At present the student intake by large colleges is only about 800-1000 per year.
Selvan D, Wipro's senior vice president (talent transformation), says that the 65,000 professional IT services firm would be spending close to $100 million on training this year. "We are adding 2,500 training seats this year. The growth in training cost is in tune with the expanding operations of the industry, at a rate of 35-40%," he said. "We are focusing on recruiting entry-level professionals and putting them through a three-month intensive training. They get billable six months from the day they come on board and at that point, the per capita margins become high," said Satyam CFO Srinivas Vadlamani.
Yes, talent is not a simple business! The Foundry School is a talent school for leadership, business, management, marketing and PR. The Foundry School school training is based on the best of business, management and marketing practices such as Fifth Discipline, Six Sigma, Harward case studies, etc. To learn more, visit http://sigexfoundry.info
You can also read more at http://sigexfoundry.info/2007/02/sigex-foundry.html
Showing posts with label The Foundry School. Show all posts
Showing posts with label The Foundry School. Show all posts
Friday, 16 March 2007
Wednesday, 21 February 2007
The Foundry Process by Diana Zotescu
The telecommunications industry, after massively investing in more fiber optics and capacity, is realizing that the problem is not about the bandwidth, it’s about traffic. A new industry is emerging from these findings : Enhanced Communications.
The Foundry re-training and job creation program has been mandated by SigEx to develop custom Enhanced Communications training to deploy over a thousand engineers in the next three years. The new industry, Enhanced Communications, will require a minimum critical mass of newly trained engineers able to develop and install enhanced telecommunications products and services on a global basis.
The Foundry has just conducted a thorough European site selection for the ideal location with a sufficient supply of engineers and global business executives to set-up its 10,000 square foot facility. The facility in Pau, France will also offer educational programs to SigEx clients on a global basis through distance learning. The Foundry will be accepting research grant applications and PhD candidates in: telecommunications, applied mathematics, computer science, electrical engineering, economics and business, and marketing communications practices.
The Foundry re-training and job creation program has been mandated by SigEx to develop custom Enhanced Communications training to deploy over a thousand engineers in the next three years. The new industry, Enhanced Communications, will require a minimum critical mass of newly trained engineers able to develop and install enhanced telecommunications products and services on a global basis.
The Foundry has just conducted a thorough European site selection for the ideal location with a sufficient supply of engineers and global business executives to set-up its 10,000 square foot facility. The facility in Pau, France will also offer educational programs to SigEx clients on a global basis through distance learning. The Foundry will be accepting research grant applications and PhD candidates in: telecommunications, applied mathematics, computer science, electrical engineering, economics and business, and marketing communications practices.
Tuesday, 20 February 2007
The Foundry and its impact on regional development by Diana Zotescu
There are regional development opportunities to start Enhanced Communications projects in communities of all sizes and levels of technology development. A successful example is SigEx Inc., and The Foundry founded by CEO Chris Cantell and COO Frederic Artru. Many individuals and communities are asking how their community can become part of the emerging Enhanced Communications industry. The answer involves commitment and local support, not just from politicians but from citizens. Opportunities to demonstrate commitment and support may include financial support for engineers who go to The Foundry, or investing in projects to bring Enhanced Communications solutions to the community. The Foundry liaison offices will play a key role to support regional development. With local commitment, the Foundry will help build Enhanced Communications technologies centers to bring new jobs, opportunities and advanced technology services to interested areas. To learn more, please contact us at mailto:foundry@sigex.com
By Diana Zotescu
The Foundry is a revolutionary training, research and development center working on behalf of SigEx Inc. The revolutionary platform it uses for communication is based on the SuperPBX concept. The Foundry and Sigex Inc., are the creation of CEO Chris Cantell and COO Frederic Artru two professionals in their field of activity. For more information please visit our website thefoundryschool.tv.
By Diana Zotescu
The Foundry is a revolutionary training, research and development center working on behalf of SigEx Inc. The revolutionary platform it uses for communication is based on the SuperPBX concept. The Foundry and Sigex Inc., are the creation of CEO Chris Cantell and COO Frederic Artru two professionals in their field of activity. For more information please visit our website thefoundryschool.tv.
Monday, 19 February 2007
SigEx Ventures - SigEx Foundry by Diana Zotescu
The Foundry is an advanced training, research and development organization based in Pau, France. A new European headquarters in Paris and an advanced training center in Pau, France have recently been established to develop retraining programs, promote technology research and launch new ventures as part of a major job creation initiative that the Foundry is undertaking on behalf of its client, SigEx, Inc., pioneer of the new Enhanced Communications industry. SigEx has mandated the Foundry to oversee an initiative to re-train and re-deploy three thousand communications professionals over the next three years to participate in this emerging industry. The new Enhanced Communications industry will require a minimum critical mass of newly trained engineers to deliver and install enhanced telecommunications products and services on a global basis.
This job creation initiative is driven in part by current circumstances in the telecommunications industry and opportunities to improve upon available services. After exceptional growth for several years, the telecom industry is facing a major downturn amid drops in equipment purchase, massive layoffs, dried-up venture capital investments and the failure of the incubator model. As a consequence, the industry needs to reinvent itself to create the high-value services and products of the Enhanced Communications industry.
About SigEx Ventures
SigEx Ventures, Inc. is a private investment fund focused exclusively on the emerging Enhanced Communications industry. Using funds raised from individual (angel) investors, SigEx Ventures funds projects for the Foundry’s development programs. Thus, SigEx Ventures, in conjunction with the Foundry, enables fully-funded, viable structures for business R&D to address alpha-beta development projects for strategic customers that include global telecommunications carriers, network equipment manufacturers, information technology companies, and digital content providers. The projects developed by the Foundry are all pre-funded by the SigEx Ventures investments fund for a period of 12 to 18 months. The most successful of these may become sustainable ventures.
About the Foundry
The Foundry is a revolutionary training, research and development center that uses proven methodologies and management techniques to create successful companies based on advanced technology innovations. Much more than a think tank where great ideas are tested and challenged, the Foundry provides the structure and guidance to assist its project companies with tasks such as recruiting and training staff; obtaining financing, research grants, and patents; and professional services.
The Foundry development programs provide fully funded viable structures for business R&D, drawing lessons from years of experience. Through the Foundry’s training program, CEO Christopher Cantell and President & COO Frédéric Artru unveil a new practical orientation for those serious about launching a new career in Enhanced Communications. The Foundry develops and launches successful new project-companies, while providing enough freedom to allow for innovation and enough structure to control risk. For more information: http://www.sigex.com/pdf/EU_Foundry.pdf
About the Founders
Christopher M. Cantell and Frédéric Artru have proven, throughout their careers, their ability to attract talented teams, technologies and capital around fundamental ideas. They have constantly shown their willingness to adapt to changes in their environment and most importantly their capacity to succeed. Chris and Frédéric have demonstrated expertise in the technology, marketing and financial subjects they are implementing, and their diverse experiences have allowed them to test, develop, evaluate and validate their methodologies and techniques. For more information: http://www.sigex.com/pdf/FR_Fondateurs.pdf
By Diana Zotescu
This job creation initiative is driven in part by current circumstances in the telecommunications industry and opportunities to improve upon available services. After exceptional growth for several years, the telecom industry is facing a major downturn amid drops in equipment purchase, massive layoffs, dried-up venture capital investments and the failure of the incubator model. As a consequence, the industry needs to reinvent itself to create the high-value services and products of the Enhanced Communications industry.
About SigEx Ventures
SigEx Ventures, Inc. is a private investment fund focused exclusively on the emerging Enhanced Communications industry. Using funds raised from individual (angel) investors, SigEx Ventures funds projects for the Foundry’s development programs. Thus, SigEx Ventures, in conjunction with the Foundry, enables fully-funded, viable structures for business R&D to address alpha-beta development projects for strategic customers that include global telecommunications carriers, network equipment manufacturers, information technology companies, and digital content providers. The projects developed by the Foundry are all pre-funded by the SigEx Ventures investments fund for a period of 12 to 18 months. The most successful of these may become sustainable ventures.
About the Foundry
The Foundry is a revolutionary training, research and development center that uses proven methodologies and management techniques to create successful companies based on advanced technology innovations. Much more than a think tank where great ideas are tested and challenged, the Foundry provides the structure and guidance to assist its project companies with tasks such as recruiting and training staff; obtaining financing, research grants, and patents; and professional services.
The Foundry development programs provide fully funded viable structures for business R&D, drawing lessons from years of experience. Through the Foundry’s training program, CEO Christopher Cantell and President & COO Frédéric Artru unveil a new practical orientation for those serious about launching a new career in Enhanced Communications. The Foundry develops and launches successful new project-companies, while providing enough freedom to allow for innovation and enough structure to control risk. For more information: http://www.sigex.com/pdf/EU_Foundry.pdf
About the Founders
Christopher M. Cantell and Frédéric Artru have proven, throughout their careers, their ability to attract talented teams, technologies and capital around fundamental ideas. They have constantly shown their willingness to adapt to changes in their environment and most importantly their capacity to succeed. Chris and Frédéric have demonstrated expertise in the technology, marketing and financial subjects they are implementing, and their diverse experiences have allowed them to test, develop, evaluate and validate their methodologies and techniques. For more information: http://www.sigex.com/pdf/FR_Fondateurs.pdf
By Diana Zotescu
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