turbulent time ahead for uk's global test outsourcing market
Following the recent RBS decision to cancel the Williams & Glyn programme, Infosys will be re-allocating 3000 jobs, many of which will be in testing. Similarly Cognizant has seen a slow down in growth in recent quarters exacerbated by ‘Brexit’, the resignation of its president Gordon Coburn and an ongoing internal investigation into a breach of the U.S. Foreign Corrupt Practices Act.
With the recent dramatic flash crash of the pound, in which it tumbled to its lowest rate since 1985, leading outsourcers will be under more pressure than ever to deliver the value expected by UK firms. And this pressure will be further intensified from bullish lesser-known providers in countries such as Malaysia which believes it can benefit by seizing at least 5% of the US$90 billion global software testing market by 2020. Interesting times indeed…
Chris Dutta, Director, Piccadilly Group
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