Zoho’s Sridhar Vembu warns of fundamental reckoning in India’s software industry

, By The Economic Times
Tech

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Zoho‘s Sridhar Vembu has sounded an alarm about the future of India’s software and IT services sector, arguing that the industry is facing a fundamental reckoning-not just a cyclical downturn or a challenge from artificial intelligence, but a structural shift that will reshape the next several decades. In a post on X, Vembu contended that inefficiencies in products and services have long plagued the global software industry.

“My operating thesis: what we are seeing is not just a cyclical downturn and it is not just AI related. Even without the…



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Zoho’s Sridhar Vembu warns of fundamental reckoning in India’s software industry

, Published By The Economic Times
Tech


Zoho‘s Sridhar Vembu has sounded an alarm about the future of India’s software and IT services sector, arguing that the industry is facing a fundamental reckoning-not just a cyclical downturn or a challenge from artificial intelligence, but a structural shift that will reshape the next several decades. In a post on X, Vembu contended that inefficiencies in products and services have long plagued the global software industry.

“My operating thesis: what we are seeing is not just a cyclical downturn and it is not just AI related. Even without the…



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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Previous News
Aptos community proposal seeks to slash staking rewards by nearly 50%
Next News
Wow! Momo Raising Up To INR 150 Cr From Khazanah, Others: Report
The Economic Times

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