Phil Fersht's profile photo

Phil Fersht

Boston

Founder and CEO at HfS Research

Founder/CEO of analyst firm HFS. Pens the infamous blog Horses for Sources. Entrepreneur, futurist, analyst & cynic. Views here explicitly mine, not HFS

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Articles

  • The US and India are joining forces to manage 1.4 billion iPhone users. Wow.

    2 weeks ago | horsesforsources.com | Phil Fersht

    Apple’s pivot to shift its US iPhone manufacturing from China to India by 2026 isn’t just significant—it’s monumental, and it’s happening at warp speed for such a huge manufacturing shift. This also signifies the deepening links between the US and India as these global trade wars gather pace.

  • Services-as-Software threatens to kill off BPO specialists as WNS eyes Capgemini as a strategic exit partner

    4 weeks ago | horsesforsources.com | Phil Fersht |Tony Filippone |Hridika Biswas |Niti Jhunjhunwala

    As speculation of a Capgemini takeover of WNS hots up, you have to question the future of BPO specialist firms as the worlds of services and software continue to blend together in a rapidly emerging $1.5 trillion market, which HFS last year termed “Services-as-Software”.

  • DOGE would find trillions in savings and value if it zeroes in on US healthcare

    1 month ago | horsesforsources.com | Phil Fersht

    While the US administration obsesses with pointing DOGE at relatively small levels of governmental expenditure in areas such as USAID and the Department of Education, when it comes to US healthcare, there are levels of cost inefficiencies and improved outcomes that could reach trillions of dollars if managed effectively. In fact, if US healthcare were its own country, its annual spending of $5.2 trillion would make it the world’s third-largest country by GDP.

  • Tariffs won’t save American industry — They’ll strangle it - Horses for Sources | No Boundaries

    1 month ago | horsesforsources.com | Phil Fersht

    Tariffs are back in fashion — again. Some politicians love them. Pundits love to debate them. They’re tough-sounding, crowd-pleasing, and give the impression that someone is finally standing up for American workers. There’s just one problem: they don’t work — at least not the way we need them to. Sure, tariffs sound great in campaign speeches.

  • Trump’s tariffs will rattle the foundations of the global IT services industry to its core

    1 month ago | horsesforsources.com | Phil Fersht |Saurabh Gupta |Tony Filippone |Joel Martin

    In the late 19th century, the US didn’t have an income tax and relied purely on tariff revenues. Now, the fate of the global economy lies with one “big beautiful bill” of income tax cuts, which President Trump believes will stimulate an economic surge for the country. Economics and analysts are highly skeptical that this will work. At HFS, we see the very foundations of the IT services industry being rattled to the core.

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Phil Fersht
Phil Fersht @pfersht
23 Apr 25

RT @Bangalorereal1: Bangalore 1924 Map @bengaluru https://t.co/m3Yh7owpaF

Phil Fersht
Phil Fersht @pfersht
22 Apr 25

RT @vitrupo: Geoffrey Hinton says the more we understand how AI and the brain actually work, the less human thinking looks like logic. We'…

Phil Fersht
Phil Fersht @pfersht
22 Apr 25

It’s time for a work reset to escape our humanist recession https://t.co/0sbTZFOce1