Posted on 11/13/2005 4:56:24 PM PST by jb6
Cisco is bullish on India and cannot wait to use Indian expertise for research and development.
Cisco Systems Inc. will hire more engineers in India than in the United States for its research and development work over the next three years, the company's chief executive said Friday.
President and CEO John Chambers said the company would invest US$50 million (A41.83 million) to set up a second research and development center in Bangalore, India's technology hub, and triple its workforce here to more than 4,000 by 2008.
He said this would mean more engineers are hired in India than in the U.S. over the next three years.
Cisco currently employs 1,400 engineers at its existing center in Bangalore.
"This (new) R&D center will be the second major site for Cisco after the U.S.," the Dow Jones Newswires quoted Chambers as saying. "In terms of R&D efforts, India will grow faster in absolute numbers compared to the U.S," he said during a visit to Bangalore.
On Wednesday, Chambers met senior Indian government officials in New Delhi and announced that Cisco will spend US$1.1 billion (A0.92 billion) in India over the next three years in the company's largest investment outside the United States. The money will be mostly invested in development of network infrastructure and related technologies.
"He said this would mean more engineers are hired in India than in the U.S. over the next three years."
and people wonder and attack me (and others) when I post that american kids are bailing out of these engineering college programs as fast as they can. this is an example of why.
stuff like this, is "under the radar" with regards to why Bush polls so poorly on the economy - it doesn't get talked about much, but for people who work in this field and see this every day, its there.
Fully agreed. Big Business has given up on the concept of nations. They consider normal workers in western countries as usefull and replaceable idiots, to be replaced by cheaper workers in upcoming "nations", until they scuttle them for some other current Fourth World nation. Big Business is unpatriotic. Their god is the buck.
This kind of stuff only stops when US customers begin boycotting Cisco products.
Same with EMC ($250,000,000 so far):
http://www.bizjournals.com/boston/stories/2003/11/17/daily10.html
http://www.bizjournals.com/boston/stories/2005/02/21/daily63.html
Also, keep in mind that companies like Cisco are probably going to see most of their growth by selling overseas. It makes sense that a certain percent of their development would be done over there.
Tech pings.
no, that's not why they are not entering those programs. we may have problems with our public high schools, but there are still plenty of them producing qualified students who are smart enough to enter engineering programs.
the problem is, the opportunites they have when they graduate. young people see other fields as more lucrative, less prone to offshoring, having more stability - so they enter those college programs. law, real estate, financial services, health care, government, teaching, hotel & restaurant management, etc.
indians aren't better prepared or better engineers - they just work for $25K a year. don't over analyze the situation, its all about the $$$s.
I'm a network manager - and you can't actually boycott Cisco products: they are top of the line and I can't imagine running a network without them. I do, however, build my own routers with openBSD and old PCs where I can so I don't have to buy as much Cisco gear.
engineering is going to become a boutique profession in the US - smaller numbers of people from only the top schools.
the only thing keeping programs in the mid tier schools afloat - is matriculation of foreign nationals. once those countries have a chance to build up their own programs in those fields, those students will stop coming here, and you will see those mid and lowe tier US programs close up shop. I guess they can teach "real estate flipping 101" as a new degree program.
$25K???? Try $6-10K.
maybe for a call desk jockey, but for an engineer?
doubtful
The design/engineering of a product, is essentially a fixed cost (i.e. it costs you X up front to design it). It costs you no more if you build 1 or 1,000,000. I don't see that sending it out to India and saving 30% (or less when you factor in all the administrative costs) is going to be a big incentive in the long run. What will matter is results. I see, in many cases companies are not happy with the results they are getting with their projects they send offshore.
That said, it makes sense to put to work people in other countries who are good at engineering. I just think over the long haul that we have a lot of structural advantages here. The disadvantages here are nominal cost, and lack of interest on the part of a lot of kids.
My college age brother in law who seems pretty smart wants to be a musician. When I was his age I liked programming my computer.
America's Engineered Decline
LOUISVILLE, COLORADO -- (OfficialWire) -- 11/07/05 -- For the past two centuries, AmericaÂs middle class thrived. It bulwarked the foundation of our liberties and became the envy of the world.
Today, because of Congressional-sponsored insourcing, offshoring, outsourcing along with FTAA, CAFTA, NAFTA and other corporate tools, Americans find themselves joining the "race to the bottom."
In his laser-piercing book, "AMERICAÂS ENGINEERED DECLINE," William Norman Grigg, editor of the New American, said, "Even as our nation exports jobs that once opened the door to the middle class, we are importing waves of unskilled immigrants, including millions of illegals. No longer our protector, our political elite schemes to merge our country with other nations of this hemisphere into a continent-spanning socialist mega-state modeled after the European Union."
The glitch to melding America to failed Third World economies and people—illustrated by Mexico and all of Central AmericaÂbecomes apparent when a First World country becomes meshed with horrific poverty, crime, illiteracy and diseases injected into itself. ItÂs a recipe for national suicide.
Grigg spells AmericaÂs decline with exacting clarity.
He quotes Colorado Congressman Tom Tancredo who echoes GriggÂs conclusions, "We are undergoing a radical change in our national character and social structure, not to mention language, and it shouldnÂt be allowed to happen without at the very least the informed consent of the public. I am among those who believe that it shouldnÂt be allowed to happen, periodÂand thatÂs the majority view, which is probably why itÂs being done by stealth and misdirection."
Grigg presents cogent examples why Americans sweat over their countryÂs future. America suffers growing consequences in every sectorÂmirroring the corruption seen in Third World countries. Instead of our Congress adhering to the Constitution, a majority march to the beat of a different drummer with a social experiment much like what Lenin, Stalin and Khrushchev forced on Russia.
The Free Trade Area of the Americas agreement will go down in the history books as the beginning of the end of AmericaÂs middle class. "WeÂre basically liquidating our whole middle class, polarizing people on the two extremes, haves and have-nots...weÂll be a third world country," said Roger Chastain.
With complicity from Congress, mega corporate interests de-industrialize the USA with every action that moves jobs overseas or imports this 21st century slave labor into America with H-1B, H-2B, L-1 and other visas. "WeÂre killing ourselves," laments Jerry Skoff, owner of a Wisconsin manufacturing firm. "WeÂre being reduced from a manufacturing and hi-tech economy into a service economyÂand if things continue the way they are, the service sector will eventually go the same direction."
Last week, the Senate, after tens of thousands of faxes and calls to stop the extra 350,000 H-1B visas from Senate Bill 1932, voted 84 to 14 against American workers. WeÂll now enjoy not only 350,000 foreign workers taking our jobs, but we get their families, too. It shows you the extent of 84 senators bought off by corporations.
GriggÂs book rivets readers as he exposes the underbelly of AmericaÂs leaders, which means your senator and congressman, growing disregard of our citizens. By offshoring jobs to China, we transfer our industrial strength to the communist giant in Beijing.
Grigg exposes AmericaÂs impossible debt load. WeÂve transformed from the largest creditor nation into the largest borrower in world history. U.S. consumers carry a $2.0 trillion debt with the average credit card balance exceeding $8,000.00. When you pile that onto the $7.9 trillion national debtÂa lump the size of a bullfrog throbs in your throat. What happens when foreign investors raise the interest or call in the debts?
At some point, China may peg its Yuan to the more valued Euro dollarÂcollapsing the U.S. dollar. "That will create hyperinflationÂthe swiftest way to destroy the middle class," said Christopher Wood, of Credit Lyonnais Securities Asia.
Grigg continued, "The real objective is to destroy national sovereignty and erect a global government...the globalist counterfeit being offered today is a highway to universal serfdom."
One of the sobering aspects of this book concerns the expose of George W. BushÂs personal goal of dissolving AmericaÂs borders. He addressed a Hispanic rally in 2001 saying, "We want our Mexican neighbor to do well...and thatÂs why it is so important for us to tear down barriers and walls that might separate Mexico from the United States." The majority of Congress supports BushÂs objectives by their actions against American citizens.
When we observe the social and governmental experiment of Marxism foisted on the Russian people as well as ChinaÂwe must ask ourselvesÂwhat is our fate from this extreme Âsocialistic experiment? First, it will create violent social upheaval on both sides of the Mexican border.
"ÂSocial upheaval is a remarkably antiseptic term to describe the loss of our national identity, the importation of MS-13 gang criminals by the thousands, importation of welfare parasites, depression of our labor markets and exportation of our manufacturing capacity," Grigg said. "WeÂll suffer the "downward harmonization" of our living standard with that of Mexico. This is the price of a unified world."
In my travels throughout the Third World, I can say, unequivocally, we cannot and will not Âharmonize with MexicoÂs or Central AmericaÂs uneducated, poverty stricken, endlessly growing and unskilled masses. This bogus social experiment will not work to better any American, but it will drop America into the clutches of Third World misery. As they invade our vanishing borders, AmericaÂs middle class will not see one single benefit.
What Grigg illustrates, IÂve witnessed around the worldÂ"Corruption becomes a mechanism by which Third World societies function." Look around you as it pours into America. Corruption operates at the highest levels in America. It operates because 96 percent of senators and congressmen keep being elected by a trusting public. Strom ThurmondÂs endless career along with Teddy Kennedy illustrate how utterly obedient voters have become to name recognition at the ballot box. The worse it becomes, we keep voting them back into position to make it worse than that!
"While defeating the FTAA is vital, we must also end our nationÂs entanglements in needless foreign conflicts, involvement in the United Nations, stop foreign aid and control our borders," Grigg said. "Our central government must be trimmed back to proper constitutional size so our businesses are no longer suffocated beneath regulations and bled dry by taxes."
"The organized effort to destroy our civilization requires an organized opposition," Grigg said.
This book exposes AmericaÂs leaders and political elites ready to sacrifice AmericaÂs past, present and futureÂin an experiment in socialism that has failed miserably in every country on the planet. Will we survive this experiment? Look around you in Los Angeles, California for consequences already playing out. Notice the riots in France last week by Muslim immigrants who came legally. Just think what is happening to us via illegal aliens piling up everywhere in the United States. Each of our cities, one by one, degrades into the chaos and misery of this Third World invasion brought to us by our president and Congress.
For eye opening monthly information, subscribe to The New American Magazine at www.thenewamerican.com where you can also obtain a copy of GriggÂs book.
He offers dramatic methods for pulling out of this invasion. Many are like the ones IÂve been advocating along with Tom Tancredo. The biggest key stems from more Americans getting off their tail feathers and into action.
"The roots of violence are wealth without work, pleasure without conscience, knowledge without character, commerce without morality, science without humanity, worship without sacrifice, and politics without principles." Mahatma Gandhi.
Go to www.frostywooldridge.com and click on 'What you can do' and click on the 28-point action letter to stop this nation-destroying madness. For you West Coast night owls, every Thursday you can catch yours truly in Las Vegas, Nevada on Mark Edwards' "Wake Up America" talk show on 50,000 watt KDWN-Am-720 10:00 PM to midnight PT, or on the worldwide Internet at www.wakeupamericafoundation.com On the home page, click on www.americanvoiceradio.com heard around the world. Five nights a week, Edwards engages patriots from across the nation to bring you the latest on this nation-destroying invasion. Also go to www.supportbordercontrols.com.
More news & views by Frosty Wooldridge
This article was first published on NewsWithViews.com and is re-printed with permission of the author.
Frosty Wooldridge is a teacher and author who has bicycled 100,000 miles on six continents to see overpopulation up close and ugly. His explosive new book Immigration's Unarmed Invasion: Deadly Consequences may be obtained by calling tollfree +1 (888) 280-7715 or by visiting www.FrostyWooldridge.com.
well, apparently Cisco is happy enough with their results - to expand it.
I don't see anything that is going to turn around the college matriculation trends in the US.
As a current student at a college with a strong engineering department, I can tell you that those who do drop engineering generally do so because it's too hard, and instead generally go into teaching or some lower-paid field. Engineers (along with accountants) generally have the best career prospects of those who stay with an undergraduate degree.
http://www.networkworld.com/news/2005/072505-offshore.html
Hatch wrote Ventoros Offshore 2005 Research report, released earlier this month, which found that cost savings for companies that send work overseas averages a little over 9%. If you exclude those that had catastrophic failures and just look at projects that were deemed to be a success, you still see only about 19% average cost savings, Hatch says.
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