Google into e-payment too!

The news of Google entering into e-payment business must be something of a news to most of us and it just makes me wonder what else it is going to be in next.This also raises the point of what would Google,the quintessential "search" site would start calling itself since it has staretd moving into the turfs of Microsoft(with its desktop search product) to e-bay(if e-pay starts).Its strange that e-bay ( it had acquired Paypal only sometime back with an astronomical sum) which is one of the biggest advertiser in Google would react to this news. Also Google would slowly start infringing into the territory of established players like Visa and Mastercard.Of course, it does make big business sense for Google to be in a business which would generate revenues for the e company whose revenues of over a billion till date has been dependent on entirely advertising revenues.But it would also face stiff competition in a field which already has a lot of established players.With e business picking up and broadband penetration opening up markets in countries like India and China,this space is going to be a hotly contested one in the coming years.Watch out this space for more.

India vs China -Software Story

The Mckinsey Study on China's Software Industry presents the finer point on where the industry stands right now and should silent people who is ever ready to jump into a discussion on India-China competition syndrome which has gripped the academecians and professionals alike.
The study shows that China's software industry is years behind that of India.Only 6 out of the top 30 IT services companies are CMM Level 4 or 5, whereas alomost all the top companies are certified in case of India.Also the top 10 IT Services company commands a market of only 20% compared to almost 50% in case of India.The industry needs a lot of consolidation and a proper industry body to support the growth.But the major problem in China still remains with piracy,where most of the software developed for domestic companies are available in the streets.
It is true that China has better infrastructure compared to India, but India boasts of superior human capital and processes,which is what drives any services industry.The industry also has better processes and a globally proved delivery model,it would indeed be years till China catch up with India.
Now did I hear the sceptics murmuring?