Saturday, January 18, 2014

IT Market for 2014 is going to be Awesome!!

2014 is going to be an amazing year for Information Technology consultants.
 
Vijay Madala- VXL Training
Current State of L1 Visa
Recently we had applied for L1B to an H1B for a consultant from Cognizant.  He was part of a 12 member team that was here from India for a QA project in Chicago.  He was mentioning that Cognizant had applied for L1B extension for all 12 members of the team and they had all been rejected. 

I had heard from a friend of mine that that this would be case, but this case has proven that to be true.

In my view this is absolutely the time to get trained in Information Technology.  Based on the L1 denial's alone it is my guesstimation (I may have just made up this word) that there will be anymore from 27,000-54,000 openings for IT consultants just based on steady state without any growth expectations.

So go ahead and get trained for IT openings.  I expect 2014 to be a spectacular year for IT professionals.

If Senator Grassley's immigration bill also passes in 2014, then there is going to be tremendous demand for US Citizens and Green Card holders.  In this bill one of the recommendation is that companies with over 50% H1 or L1 Visa not be approved for any more visas.  Read more here: http://www.grassley.senate.gov/issues/Immigration.cfm

Based on all the anecdotal evidence here are my recommendations for 2014:

Buy Puts on All Large user of L1 visas specifically Cognizant after the first quarter results all announced.  I think from the 2nd quarter we should start seeing the effects of loss of 1000's of L1 visas for them. (I will be buying lots of Puts also)

If you are not an IT professional then get trained as an IT professional.  I do not think it really even matters what you get trained in, there will be tremendous demand by the middle of 2014.

We are currently training in:

JAVA with Hadoop - Jan 18th Start Date
Healthcare - Jan 18th Start Date
SQL BI - Feb 1st Start Date
.NET - Feb 1st Start Date
Embedded Systems - Feb 1st Start Date
IBM BPM - Feb 1st Start Date
PeopleSoft - May 31st Start Date

We are actively looking for students for our above training and now that the market is going to heat up I am actively looking to recruit lots of students for our classes.

I encourage you and your friends that are looking for employment to come and join our classes.  I believe strongly that 2014 is going to be an awesome year for IT.

As usual, all recent Masters Graduates the classes are totally free, for the rest of you the classes range in price from $1500 - $2500.