IT industry must shift from people-based to platform-based models, say HCLTech & Infosys CEOs

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The IT services industry is at a turning point, with companies needing to move from traditional, input-driven models to more outcome-based approaches, according to top industry leaders.

Speaking to CNBC-TV18, C Vijayakumar, MD & CEO of HCLTech, highlighted the urgent need for transformation. “A large part of the industry is driven by an input-based model — either time and material or the number of people delivering certain outcomes. But we need to dramatically shift toward output- and outcome-based models,” he said. Vijayakumar stressed that…



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IT industry must shift from people-based to platform-based models, say HCLTech & Infosys CEOs


The IT services industry is at a turning point, with companies needing to move from traditional, input-driven models to more outcome-based approaches, according to top industry leaders.

Speaking to CNBC-TV18, C Vijayakumar, MD & CEO of HCLTech, highlighted the urgent need for transformation. “A large part of the industry is driven by an input-based model — either time and material or the number of people delivering certain outcomes. But we need to dramatically shift toward output- and outcome-based models,” he said. Vijayakumar stressed that…



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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