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.
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
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…
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.
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
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…