• Industry Speaker

Wednesday 22 February 2012

Collaborating with Competitors

Kiran Karnik's new book launched at the recent Nasscom Leadership Forum is all about the theme of how people who fight bitterly in global and domestic competition are able to come together extremely well for common causes like global trade, innovation and other industry issues. It is a natural trait of all human beings to collaborate and we are only forced to take combative positions when the necessity of competition force us to do so !

My own experiences with NASSCOM over nearly two decades reveal that all IT CEOs are well meaning blokes and whether it is industry founder FC Kohli, doyen Narayana Murthy or even non resident former Chairmen like Raj Jain and Firoze Vandrewala, the alignment to the common cause is very strong indeed. Long may this bonhomie last and take this 100 billion dollar industry to a trillion by 2030 !

Kiran Karnik himself like his predecessor Dewang Mehta has collaborative skills as one of his main characteristics. I owe my Chairmanship of NASSCOM in 2008-09 to this man who genuinely believed that contributors should find their place in the sky even if it is resplendent with the shine of many bright suns !

Ganesh

Friday 10 February 2012

The IT industry status and outlook

The interesting conclusion one can draw from the FY12 outlook posted by NASSCOM is that the IT Services folks are still growing faster than the BPO and Engineering Services and Products players in spite of a much larger base. My own belief is that this will not change in the foresseable future. All of us who are significant players in services are embracing non-linear growth and creating IP as well as new platforms for Cloud and BPO which will enable us to maintain growth and profits and transform to true solutions companies.

Next year will be tougher though NASSCOM's 11- 13 percent growth outlook for Exports seems to be overly pessimistic in my opinion. We all will do better than that !

For the Product folks the challenges remain - finding the right niche, getting adequate access to capital and dominating the chosen market. This game is far from being played out !

Friday 3 February 2012

Its a new world !

In spite of all the doomsday forecasts for the global and Indian economy, the new year has started off reasonably well. The Stock markets are up, the rupee is the best performing currency in Jan and the outlook for the IT sector is fairly decent both for CY 12 and FY 13.

So relax folks, no need to worry ....yet!

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