IBM – India Bangalore Mirza
IBM has a message for the world… at least to the people who care about what IBM is doing.
The "I" now stands for India.
The "B" stands for Bangalore – India’s Silicon Valley.
The "M" stands for Mirza Diya, Bollywood’s answer to Lindsay Lohan.
Mirza will emcee IBM’s annual investor briefing at a hotel 10,000 miles away from IBM’s New York offices in a sprawling palace that looks like Britain’s Windsor Castle and was built during Britain’s time of colonial rule.
The message is simple – IBM is sending a message that India and ALL of ASIA are crucial to its future.
Asia is crucial to the future of every global player. Is IBM just finding this out or are they telling other Blue Chip Companies how to send global messages?
What do you think?
Post a new comment
June 6, 2006
Thanks for these figures Utopian.
I think you are right, many people are likely to follow IBM’s lead.
Thanks for dropping by and leaving a comment.
June 6, 2006
IBM is investing 6 billion dollars in India and raising it’s headcount in
India to 20,000.India is IBM’s largest
country organisation outside US.This is
more the signs of time than anything
else.Asia is critical not only for IBM
but all the companies that want to
remain competitive and profitable.
June 5, 2006
That’s a great point, Neil.
I never thought of the costs to the investors to attend the meeting.
Thanks for pointing that out.
June 5, 2006
We’ll know what they have planned in Asia in due time.
One thing is for sure…some guy in a small cubby in India now affects our lives 10,000 miles away, no?
June 5, 2006
But, if we consumers can save money as a result of outsourcing, isn’t that a good thing?
June 5, 2006
they must be growing more in asia. they also must have something big coming.
June 5, 2006
I’m not surprized that Asia is going to get a role in IBM’s future. Jobs are being outsourced to India. And most of the products that are sold in america are made by asian countries, it seems natural that Asia would want to be a part of important company like IBM. It’d great for them not not so great for us, because of the outsourcing.
June 5, 2006
It definitely seems like India is important to IBM’s future. I just wonder how many investors are going to be able to make the trip to the meeting when it’s held on the other side of the planet. Is this really smart? It’s one thing to say India and Asia are important to the company’s future growth. But it’s another thing to say to investors “You’re going to have to spend roughly four times as much to attend a meeting we hold specifically for you just because we want to send a message to a developing country/continent.”