We would like a separate episode on the recent U.S. tariff hikes imposed on India — focusing on which sectors will be most affected and the overall impact on U.S.-India trade relations.
The IT Report card is an in-depth research of the state of IT Industry and will help even the IT cos itself in strategy.While a lot is blamed on AI,the reality itself is more complex. A new report from Indeed which showed that tech job postings were down by 36% from early 2020 levels, indicated that AI was only a part of the reason.
Suffice to say,today’s Daily Brief has given me,an ordinary investor,the BIG INSIGHT that i shouldn’t expect IT industry to boom as it did in past 30years.
I may be wrong,it appears to me,IT industry has been concentrated in few cos and hasn’t allowed democratic growth …same as Magnificent Seven in USA…
Why do Indian IT companies primarily focus on low-end services instead of investing in product development, which could generate recurring revenue and ensure more diversified income in the long term? Despite having a large talent pool and global presence, most Indian IT firms continue to rely heavily on service-based models such as application maintenance, support, and outsourcing.
The short answer: since it continues to make them lots of money, they have little incentive to change it. They save up a lot of cash for a rainy day. Any kind of product-based investment will require bearing lots of risk
We would like a separate episode on the recent U.S. tariff hikes imposed on India — focusing on which sectors will be most affected and the overall impact on U.S.-India trade relations.
The IT Report card is an in-depth research of the state of IT Industry and will help even the IT cos itself in strategy.While a lot is blamed on AI,the reality itself is more complex. A new report from Indeed which showed that tech job postings were down by 36% from early 2020 levels, indicated that AI was only a part of the reason.
Suffice to say,today’s Daily Brief has given me,an ordinary investor,the BIG INSIGHT that i shouldn’t expect IT industry to boom as it did in past 30years.
I may be wrong,it appears to me,IT industry has been concentrated in few cos and hasn’t allowed democratic growth …same as Magnificent Seven in USA…
Why do Indian IT companies primarily focus on low-end services instead of investing in product development, which could generate recurring revenue and ensure more diversified income in the long term? Despite having a large talent pool and global presence, most Indian IT firms continue to rely heavily on service-based models such as application maintenance, support, and outsourcing.
The short answer: since it continues to make them lots of money, they have little incentive to change it. They save up a lot of cash for a rainy day. Any kind of product-based investment will require bearing lots of risk