January 7, 2009 | 10:34am
Ever heard of Satyam?
This Indian computer business provides outsourcing services for a third of the
Businesses around the world are still digesting the news, which observers say could have wide-reaching effects for those that utilize Satyam and other Indian companies. This from the New York Times
The revelations could cause a major shake-up in India's enormous outsourcing industry, analysts said, and may force many large companies to investigate and perhaps revamp their back offices.
No sign yet if "India's Enron
" will affect Arizona companies - there's still no word in the Republic
about this, but business writers are probably working on a local version of the story.
Needless to say, companies ought to be peering closely at their "back offices." When a company is accused of planting spyware in its clients' computers and the CEO admits a billion dollars in assets don't really exist, maybe it's time to try insourcing