Summary
Indian IT Needs IP
India's it industry has never had it so good. exports this year will probably cross the $29.4-billion (Rs 1,32,300-crore) mark projected by NASSCOM. The domestic market for it is also booming. Growth numbers put out by the IT majors indicate strong growth going forward. So, why should Indian it companies be worried? Low cost, all said and done, has been their calling card in the global outsourcing market. Activities like application development and maintenance (ADM) and testing are their areas of strength and will continue to remain so. But with tech giants such as IBM, Accenture, and EDs ramping up their development centres in India, the low-cost advantage will no longer be an ace up the sleeve of Indian vendors alone. In fact, if one considers some of the biggest it outsourcing deals that have happened in India, it is evident that Indian companies do not think the local vendors have the sort of capabilities they need. For instance, managing Bharti Airtel's it requirements is not a TCS or Infosys, but IBM. Indeed, Tata Motors and Tata Steel have chosen to outsource it not to sister company TCS but IBM.See the full content of this document
Extract
Indian It Needs It
As the global it majors expand the spectrum of their offerings, Indian vendors, in turn, will have to look at more value-added projects and, eventually, breakthrough technologies and solutions. As things stand, there's a yawning gap between the innovative capabilities of Indian it firms and their global rivals. IBM, for example, generates...
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