The party is over. India’s tech firms must re-invent or perish - News Summed Up

The party is over. India’s tech firms must re-invent or perish


The Japanese and Koreans – on top of the world in the 1980s and 1990s – want the good old days back. Willing alone won’t bring back the boom times – and I’m not yet ready to forecast a Northeast Asian renaissance. Much of India’s IT wealth comes from western outsourcing of IT services – managing new and old world corporate IT systems and mainframes upon which they run. Artificial Intelligence technologies can help analyse massive amounts data and improve decision making in every industry sector. When I talk to Indian CEOs, they acknowledge the threats of digital transformation, and can see the opportunities for diversification.


Source: Hindustan Times February 09, 2018 06:45 UTC



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