Financial topics

[Higgenbotham]

** 05-Mar-2022 World View: Going Forward

> The Boeing disaster seems pretty typical of what may be seen going
> forward. I'll be watching Epam closely because, from what I'm
> reading, they supposedly know what they're doing.

Are you implying that Boeing didn't know what they were doing,
but Epam does?

And don't tell me that they'll learn from the mistakes of others,
because that's not how the world works.

That's what I'm implying. Boeing management had no idea what they were doing when they thought they could substitute $9 per hour Indian programmers and get the same result, while saving the labor cost.

I don't believe EPAM will have that same expectation. We can watch and see what they do and how they do. EPAM is in the business of software and as a result of knowing what they know I think they will take measures to retain existing staff that they need, unlike Boeing who got rid of valuable high paid staff. Also, they will have a better idea of how to replace staff where they need to and bring them up to speed.

I think it would be reasonable to say that if EPAM has serious problems over the next few months it will be likely that the 20% of Fortune 500 companies that rely on The Ukraine for software deliverables will also be having problems. The CNBC article said, "There were 200,000 Ukrainian developers in the country in 2020, according to Amsterdam-based software development outsourcing company Daxx, which says that 20% of Fortune 500 companies have their remote development teams in Ukraine."

[John]

** 05-Mar-2022 World View: The Bitchy Curmmudgeon

> That's what I'm implying. Boeing management had no idea what they
> were doing when they thought they could substitute $9 per hour
> Indian programmers and get the same result, while saving the labor
> cost.

> I don't believe EPAM will have that same expectation. We can
> watch and see what they do and how they do. EPAM is in the
> business of software and as a result of knowing what they know I
> think they will take measures to retain existing staff that they
> need, unlike Boeing who got rid of valuable high paid staff.
> Also, they will have a better idea of how to replace staff where
> they need to and bring them up to speed.

> I think it would be reasonable to say that if EPAM has serious
> problems over the next few months it will be likely that the 20%
> of Fortune 500 companies that rely on The Ukraine for software
> deliverables will also be having problems. The CNBC article said,
> "There were 200,000 Ukrainian developers in the country in 2020,
> according to Amsterdam-based software development outsourcing
> company Daxx, which says that 20% of Fortune 500 companies have
> their remote development teams in Ukraine."

OK, I'm going to continue in one of my favorite roles, the bitchy
curmudgeon.

First off, there's no difference between a software group in a
software company and a non-software company. Internally, the groups
are exactly the same. Externally, the upper level managers have no
idea what the software engineers are doing.

Within a software group, the manager couldn't care less whether the
project is going to crash. He just wants to keep it going for as long
as possible. If someone (like me) says that the project is going to
fail, then that person will be fired rather than allow the project to
be disbanded.

The programmers in the group don't want someone coming into the group
who is better than they are. They'll sabotage him and get him fired.

The $9 per hour figure probably applies to junior level testers or
writers. In India, a skilled programmer probably gets $30-40 per
hour, which would be $60-80 per hour in America.

However, the salary is irrelevant to how programmers are hired.
They're hired by checking boxes in a laundry list of skills.

For example, here's a laundry list of skills on the resume of a senior
programmer:

• Languages: C#, ASP.NET, ASMX, C, C++, STL, Java, Visual Basic,
  Perl, JavaScript, Visual C++, Java Swing, Eclipse
• Web Interfaces: HTML, JavaScript, VBScript, ASP, ASP.NET, JSP,
  XML, SAX, iPlanet Web Server, IIS, IIS 6, Web Service, Apache,
  Tomcat
• Networking: SNMP, TCP/IP, VPN, Netcool, Netcool Portal, Java
  RMI
• Databases: Oracle, SQL Server, Sybase, Informix, SQL, SQL*Loader,
  ODBC, ADO
• Platforms: Windows Vista,XP,Server 2003,NT/95/3.1, Win 32, Linux,
  UNIX, Sun Workstation, Solaris, J2EE
• Legacy: IBM Mainframe, 3270 Emulation, Assembler, PL/I (PL1),
  COBOL, DEC VAX, Assembler, DCL
• User interfaces: Windows, WinForms, WPF, MFC, Motif, ATL, COM,
  DCOM, SAX, ActiveX, Swing, .NET
• Software: Unicode Data Flow, SQA Robot, IBM's ICU
• Methodologies: Object-Oriented Design/Development), Scientific/
  Mathematical Algorithms
• Encryption: DES, AES (Rijndael)

The programming manager may compare this list against the similar list
of requirements that someone in human resources has provided. Nobody
has any idea what most of these items mean, but if enough boxes are
checked, and if a meaningless code test is passed, and the applicant
wants the job, then the applicant can be hired, and the salary is
irrelevant. Whether the applicant is capable of understanding the
company's large, complex software system will not be known for a long
time after he's hired.

You say that Epam knows what they're doing (unlike Boeing)? Then
there's only one thing the Epam can do. If they have 10,000 software
engineers working in Ukraine, then they'll find a way to relocate
those 10,000 software engineers to other countries, so that they can
continue working on the same project without Epam having to hire
replacements.

[Higgenbotham]

From what you are saying, this may work:

The company’s “highest priority is the safety and security of its employees and their families in Ukraine, said EPAM in a statement. So it is “working to relocate its employees to lower-risk locations in Ukraine and neighboring countries.”

But they are wasting their money doing this:

Worried that its engineers will be drafted into the military, forced to flee, or left unable to work in war zones, EPAM said it is also “accelerating hiring across multiple locations in Central and Eastern Europe, Latin America, and India.”

But maybe they realize that is a move made out of desperation and that is why EPAM:

warned that it could no longer predict its financial results for this year

https://www.inquirer.com/business/epam- ... 20228.html

If the war worsens, and all of the software projects in The Ukraine are put on hold and disbanded, and something similar happens in Belarus, Russia, Poland, etc., then would it be reasonable to expect that something like 40% of all software projects worldwide will fail? Or would it be worse than that, because software projects in other countries depend on work done in Eastern Europe and Russia?

By the way, when I was talking about supply chains breaking, I only mentioned raw materials and components, not software. It appears from what you are saying that software will be as much of a problem as raw materials and components.

[John]

** 05-Mar-2022 World View: Breaking down the problem

> If the war worsens, and all of the software projects in The
> Ukraine are put on hold and disbanded, and something similar
> happens in Belarus, Russia, Poland, etc., then would it be
> reasonable to expect that something like 40% of all software
> projects worldwide will fail? Or would it be worse than that,
> because software projects in other countries depend on work done
> in Eastern Europe and Russia?

> By the way, when I was talking about supply chains breaking, I
> only mentioned raw materials and components, not software. It
> appears from what you are saying that software will be as much of
> a problem as raw materials and components.

Thinking it over, I think the question can be broken down.

If you have a large software product that is in production, customers
are using it, most problems can be worked around, and if the objective
of the software project is to fix bugs and add some relatively minor
new features, then the job can be done by new hires.

In fact, that's how India became a world leader in software
outsourcing. During the 1990s, they were the goto country to perform
remediation of Cobol programs for the Y2K problem. They probably
fixed bugs and remediated trillions of lines of code for thousands of
companies.

At the other extreme is that you're in the middle of a multi-year
development project of a brand new software system, or a major
overhaul of an existing system. In that case, new hires would be
hopeless, and you might as well throw the whole thing out and start
over.

Right now, that's the best way I can think of to break down the
problem.

So Epam would have to evaluate each software project as follows:

• If it's simple and non-critical (bug fixes), then just
  postpone it and let customers continue to work around the bugs.
• If it's simple and critical (important bug fixes and minor
  features), then hire replacements.
• If it's large and complex, then consider staffing options. Maybe
  highly skilled programmers from other projects can be brought on, and
  relocated to other countries. Maybe parts of the project are simple
  and cam be farmed out to Indians.
• If it's large and complex and you have no way to retain your
  highly skilled programmers, then put the project on hold for a year,
  hoping that the war will end.

Looking at it that way, it's quite possible that Epam can save all but
a few of its software projects.

[aeden]

epam mape

And behold another beast, a second, like to a bear, and it raised up itself on one side,
and it had three ribs in the mouth of it between the teeth of it: and they said thus unto it,
Arise, devour much flesh.

Ukraine is finished. The other two ribs will be seen in its time sooner than l8ter.
I think you indicated as what is attached to the ribs as the nerve centers to the next two ribs.
A few may mention head wound but to early on that In my view for now.
It does not make a difference since they are playing both sides and yes we remember the keys to this blood then also.
The crayon chewers provoked the bear to devour sets of people. Systems.
Given the older maps we have a rather good idea what the other two are from the destruction's as duet32.
As indicated we averted this zone from its depravitys of Men who think they represent mankind.
We think and know they depraved and have evoked a larger problem also. The relegated are the politics of envy.

The next step is alreadyt known.

Review for the younger whelps and who caused this already known.

https://gdxforum.com/forum/viewtopic.ph ... lay#p68964

fat wolves stupid sheep

Sorry, those opportunities are closed to you, but the internationals will fly their own over in a private jet to take advantage of the situation.
A situation caused by them. Lizzy will wet herself as the rest of the Uniparty stand in a puddle created by issues they do not want answers to
anyways.

The next Renaissance zone is being soaked in blood to profound evil.

thread: l8ter

[aeden]

Learn more about Capitalist Exploits and how you can play along...
https://www.zerohedge.com/news/2022-03- ... lked-about

[Tom Mazanec]

Why War Will Bring Global Recession, then Hyperinflation
14,232 viewsMar 5, 2022

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https://www.youtube.com/watch?v=leB8n8W0psc

[aeden]

https://warfarehistorynetwork.com/2018/ ... ern-front/
Terms offered or Cauldron of Death.
Rinse and repeat.
“Your Calculations Are of No Consequence”
Dancing in stilettos gave him the lock on being a sane actor.

https://ipad.fas.usda.gov/cropexplorer/ ... raph=False

[aeden]

https://www.occrp.org/en/the-pandora-pa ... ner-circle
https://www.voltairenet.org/article215879.html

Bad neighbors and yea that messy region.

Richard Perle and Paul Wolfowitz installed Admiral Arthur Cebrowski in Donald Rumsfeld’s shadow. He played a role comparable to that of Albert Wohlstetter during the Cold War. He imposed the strategy of "endless war"

No winners. That s why we try to stock up.
Stop blaming the normal people.

[Tom Mazanec]

We Are *RAPIDLY* Headed Into Global Depression. Here’s Why
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https://www.youtube.com/watch?v=Igtnhin_4G0