IT business model ripe for disruption, say HCLTech, Infosys CEOs

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The Indian IT industry needs to relook at its business model as revenue growth and headcount has begun to decouple, moving to more of an output-based model, said chiefs of the $250 billion sector such as HCLTech CEO C Vijayakumar and Infosys CEO Salil Parekh.The industry is dealing with several challenges at multiple levels. While AI is hitting the very core of the industry with its automation and code generation capabilities, the technology demand has not fully recovered after being depressed for two years.

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IT business model ripe for disruption, say HCLTech, Infosys CEOs


The Indian IT industry needs to relook at its business model as revenue growth and headcount has begun to decouple, moving to more of an output-based model, said chiefs of the $250 billion sector such as HCLTech CEO C Vijayakumar and Infosys CEO Salil Parekh.The industry is dealing with several challenges at multiple levels. While AI is hitting the very core of the industry with its automation and code generation capabilities, the technology demand has not fully recovered after being depressed for two years.

The feared tariffs by the Trump…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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