• Industry Speaker

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 !

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