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iGate,Interview with Phaneesh Murthy ,outsourcing a boom

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Three months after Phaneesh Murthy acquired satyam Computers , iGate corporation CEO visions big revenues of $1 billion by 2012.

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There’s a lot of worry in India about whether the U.S. Congress will restrict H-1B visas — but not so much for Phaneesh Murthy, president and CEO of IT services firm iGate Corporation.

Foreign language enrollments in elementary schools is believed to be increasing dramatically, driven by parents, many of whom are looking at the growth and emergence of China as a major player, said Steve Ackley, a spokesman for the American Council on the Teaching of Foreign Languages.

Increasing language enrollments may signal future U.S. workers to apply for jobs in San Francisco, Delhi and Dubai.

Murthy envisions that perhaps 20 to 30 years from now, a world where restrictions on the movement of workers will melt way. U.S. workers will travel and work globally, in pursuit of the most interesting jobs and projects.”Many countries in the world will start becoming melting pots for different cultures and skill sets,” said Murthy. He believes he will be largely unaffected by anything Congress does.

Underpinning this is a belief that those who can speak the language are going to have aupper  hand . The council is now updating a survey of foreign language enrollments in 2012, the first since 2000, and  expects it to confirm its  reports of rising enrollments.

Foreign language enrollments at U.S. colleges and universities in the U.S. have increased. In 1998, there were 1,151,000 students enrolled in a language course in a survey of some 2,800 institutions by the Modern Language Association in New York. By 2006 .

The complete interview of Murthy, Ceo iGate

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