.::MindSpeak::.


	A MindTree Newsletter	Volume 1 \| Issue 10 \| February 2009


		Dear Reader, I am pleased to share the 10th issue of MindSpeak, intended to keep our extended

MindTree community updated on the Company. Because of recent industry events, we’ve been asked a lot about our dedicated Application Maintenance Services (AMS) practice. We have helped many clients’ transition applications even in situations where knowledge transfer was not possible. Our expertise on reverse engineering tools and a proven methodology ensures that all key knowledge areas of an application portfolio are covered and validated through pre-defined gating criteria. In summary, clients can be assured of a risk-free transition, rationalization of portfolio, reduced application failures, better maintainability of code (measured through industry standard code quality metrics) and reference-able documentation, thus reducing client’s cost of ownership. You can learn more about MindTree’s AMS practice in the ‘Tech Watch’ section in this newsletter. We also hope you enjoy reading about the top 3 outsourcing initiatives for 2009, cloud computing and how MindTree helped John Wiley’s IT department stay up and running during an acquisition. Please share your thoughts on this issue and suggestions for future editions feedback_ms@mindtree.com We look forward to hearing from you.
Warm regards, Ramesh Dorairaj Vice President, AMS Practice

Business Reputation Is Crucial
$40-billion-plus Indian software industry prepares to cope with a weakening demand for services in the markets of US and Europe next year, facing questions about the corporate governance issues being raised by industry watchers and customers after the Satyam episode. more

Top Three Outsourcing Initiatives For 2009
Given this uncertainty and chaos, it is a good time to look at outsourcing as a means to save money, propel new business ventures, and improve efficiencies. It is also a good time for CIOs to review, rationalize, and evolve their outsourcing programs. more

Recovery May Begin Late Next Year
Ashok Soota, Chairman and Managing Director of 10-year old MindTree, perhaps the most promising mid-size software firm (2007-08 turnover $191 million) in the country, looks at the current scene from his part of the industry space. more

MindTree To Stitch Ops Based On Client Needs
MindTree, which counts US insurer AIG and Swedish truckmaker Volvo among its top customers, sees new business opportunities emerging from these companies, as they seek to restructure their operations. more

MindTree Strengthens India Presence, Appoints India Business Head
MindTree has announced the appointment of PK Gopalakrishnan as Senior Vice President and Head of its India operations. In this role, Gopalakrishnan will hold business responsibility for Indian enterprises, defense and government sectors across both IT Services and R&D Services businesses. more

Is Cloud Computing Ready For The Enterprise?
Despite some of the much touted outages around Google and Amazon, a cloud infrastructure may actually prove to be more reliable in the long run than a typical enterprise infrastructure. Kamran Ozair, Executive Vice President and CTO MindTree shares his thoughts on this topic. more

2009 Outlook: Tech Investment Is Key to Banks’ Recovery
Reflecting on the unprecedented financial events that have recently unfolded, banks and capital market players all over the globe believe that saying, "2009 will be challenging," is definitely an understatement. Dr. Ashok Hegde, Head of Capital Markets Business Units, MindTree says businesses need to reinvent themselves to exploit the opportunity. more

What Effect Will President-elect Obama Have On Outsourcing?
The offshore outsourcing world has its eyes on the U.S. economic crisis, as well as on President-elect Barack Obama. What affect will the new Administration's policies have on H1-B visas, tax incentives for domestic staffing and other key areas? more

MindTree’s Application Maintenance Services (AMS) Overview
MindTree’s AMS processes are tailor-made for maintenance; they are not an after thought of development. Our portfolio-based, consultative approach takes a holistic view of technology, information architecture, people, and services. more

Upcoming Events

Gartner’s Business Intelligence Summit
March 9-10, 2009, Washington, DC
more

Event Flashback

STeP- IN Summit
Jan 20-23, 2009, Bangalore
more

How Outsourcing Helped John Wiley Keep The Business Going During An Acquisition
John Wiley & Sons, Inc. acquisition of Blackwell Publishers created a challenging situation for Wiley's IT department. “We had to keep our other businesses going before, during, and after the acquisition," explains the CIO. MindTree was the chosen vendor to handle this outsourcing engagement.more

Mentor Me
When MindTree triggered the thought of starting a Mentorship program, there was one big question on their mind...How different would this be from the existing people development programs? MindTree decided to create a one on one, experiential learning platform for MindTree minds and spruced this initiative with oodles of nurturing. more