My Last Post

Here's wishing everyone 'A Very Happy, Healthy & Prosperous New Year 2009' !
This is going to be my last post in this blog. I had started this blog to provide my readers an insight of life in a fast paced MBA program. I am not sure how successful I have been in my attempt. I do admit that given the time constraint I have not been able to share a lot during the one year at XLRI.
I have a regret. I wished to share details about the placement process et al but due to certain obligations I had to abandon that idea.
After graduating from XLRI I had continued this blog so that I am able to provide my readers an idea of life post-MBA. However, I realize that I have not been regular in providing information about my work life. In fact, lately I have been wavering from the central theme of this blog. I realize that there may be many future MBAs who may stumble upon my blog with the hope of getting an insight into the life of an MBA but my recent posts may confuse them with irrelevant information.
Hence, I am calling it a day. For anyone who would still occasionally like to hear from me I will start posting in my personal blog. You can access it over here!
Asta La Vista !

Current IT Scenerio

Worldwide spending on information technology will slow significantly in 2009 as a direct result of the global financial crisis that began in September 2008.
However, I feel that IT is in a better position than ever to resist the downward pull of a slowing economy. Technology is already deeply embedded in many mission-critical operations and remains critical to achieving further efficiency and productivity gains. As a result, worldwide IT spending will continue to grow in 2009, albeit at a slower pace.
Although the revised forecast and the downside scenario both reflect a grim outlook for global economic growth over the next several years, IT spending actually fares well when compared to the previous downturn after the events of September 11, 2001.
Companies currently don't have the asset and spending 'overhang' that enabled them to put off purchases after Y2K and the dot-com bubble. As a result, there will be greater pressure for them to continue making IT investments in order to stay competitive.

Pune Trip

I was in Pune last week to attend a business meeting. The trip brought back some old memories. Last time I visited Pune was around 7 years earlier while I was still a fresher. I had come down once to attend a GD & PI at Symbiosis and later to deposit my first trimester fees. Its another story that I didn't pursue my MBA over here and jumped into the software bandwagon.
This time around I was able to catch up with a few close friends. Its always nice to get in touch with people who are close to your heart. The Cognizant campus at Pune is awesome. I remember having lunch at a place called 'Lemon Tree'. The city though has changed since my last visit here.