I am not sure how many folks are aware of the ERP boom. Well for many non IT folks, the IT boom is the time when dot com companies went bersek, and so did the bourses. It was the time when everything went up. Stock, Real estate, salaries, bonuses, girlfriends, marriage count, remittances, ego, personal worth, rent, and a host of other things! This was during the late nineties and till the big bad crash in 2001.
I work in the ERP space. ERP boom was part of the IT boom too at the same time. Organizations were desperate to find people who could implement ERP products like SAP and Oracle for them. They were ready to pay as high as 400 $ / hr, for a year !!
The senior folks that I work with now have been part of this boom. And the bust after that. But when the time was ripe, these folks have made millions. Forget 400 $, just take 150$ an hour, for 5 days a week, 52 weeks! Close to 300 grand!
I realize that I have been a late comer in this gold rush. When I graduated from engineering, it was 2001. Then as per the laws, everything that had gone up, was coming down, at breakneck speed. People were laid off, many gold miners were forced to return home, many survived (guess the genuine good ones).
But today, it seems the market has matured. Although its way better than the days of the bust, its nowhere close to the days of the boom. But the desperation for good folks to work on these multi million projects still exists. The fake CVs still float in the market and headhunters are still making merry.The only difference is that market has matured a bit. Organizations have become street smart after burning their fingers before.
End of the day, as organizations grow, as more entrepreneurs enter the market, as more engineers and business professionals get into the ERP space, it seems theres room for all. Genuine good resources will make merry, whether its the good or the bad times.
I am happy that I am in this space. Better late than never. Best part is that currently I am enjoying what I am into! Not for the money, but for the kind of work. And being employed to an Indian company means I only make pittance. Soon a day will come......................
Subscribe to:
Post Comments (Atom)
5 comments:
Agree to every word of it. The industry has certainly matured. but still the desperation of a person who knows his job well is evident. I would say this is boom part 2 and believe this has never been like the way it is now. Major companies are inverting big time in the ERP solutions and have revised their IT budgets looking at the market. Its a mad race and peer pressure works even in case of these giants.
Whatever it is, it is certainly good for Indian IT companies and we Indians. Afterall, who would mind the inflow of green bucks in to our darling, India.
What is ERP? I keep getting notices from AARP. These fellows don't tell me who they are either.
chandra
prakash,
what is ERP ?
let me know.
pude chala mastar. thambu naka.
hey its high time u updated ur blog...wat say??:)
Post a Comment