The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
May - 2012 - issue > Entrepreneur Talk
Software Product vs Services Startups
Shirish Deodhar
Founder & CEO-InnovizeTech Software
The IT industry seems to be ascending to the next level in the value chain every 10 years. The 1980s represented investment in the US with migration of talented workforce from India, and the 1990s led to India as a source of IT talent. The years 2000-2009 marked Indian IT’s arrival as the world’s leading provider of services and business process outsourcing. Going by this trend, it can be predicted that the current decade (2010 onwards) will mark the rise of India’s software product business. If India can become the hub of the world’s most successful IT services as well as product companies, it can truly lay claim to being a knowledge superpower.
Recent developments are driving the emergence of the local product industry:
* A large pool of talented engineers and managers who have worked at global ISVs (Independent Software Vendors) in India and U.S.
* The rapid growth of local market and increasing adoption of IT with India-specific requirements especially for consumer facing apps on cellphones
* Technology disruptions including the emergence of cloud computing, which make national boundaries irrelevant, and reduce cost of global sales
* Flair for innovation and risk-taking amongst a generation that has grown up in post-liberalized India, and availability of funds from successful IT Services entrepreneurs
Disclaimer
Messages posted on this Web site under the `Comments' area are solely the opinions of those who have posted them and do not necessarily reflect the opinions of Infoconnect Web Technologies India Pvt Ltd or its site www.siliconindia.com. Gossip, mud slinging and malicious attacks on individuals and organizations are strictly prohibited. Infoconnect Web Technologies India Pvt Ltd can not be held responsible for errors or omissions in content, nor for the authenticity of the user/company name or email addresses associated with posted messages. Infoconnect Web Technologies India Pvt Ltd reserves the right to edit or remove messages containing inappropriate language or any other material that could be construed as libelous, potentially libelous,
or otherwise offensive or inappropriate.Infoconnect Web Technologies India Pvt Ltd do not endorse the products and services or any other offerings mentioned in these messages.
|
|
