Mr.
NR Narayana Murthy, Infosys co-founder has lamented in a convocation function
for Engineering students that Indian IT had missed the innovation bus, didn't
come up with great inventions- every gadget on your pocket or every book you
read has a foreign hand. For this situation, he mostly blames the academia,
students and the educational eco system that is prevailing in India
Is
this a problem with our educational system only? What about the industry
(mainly the top 5 or 10 cash-rich Indian IT companies) and industry bodies like
NASSCOM?
- I believe being on the lower end of the IT value chain is a conscious decision taken by the Indian IT industry. In fact, India is referred as the 'back office of the world' (Is that a praise or curse?)
- While the overseas players were busy inventing new and disruptive technologies , we were busy 'managing efficiently' the head count and the extra large benches
- When you are campus recruiting in 1000's how can you ensure quality?
- When you are running projects with 70% freshers how can you ensure great deliveries?
- Why most companies are taking people with their academic scores and not innovating a methodology that would determine the true quality of a candidate?
- What's the percentage of our R & D spend over the total revenue? Where is the culture of "giving it back to the industry"?
- Why we are too much apprehensive of inorganic growth? The risk appetite is very low even when we have big corpuses at our disposal. Best example, Infosys shareholders' diktat to the company- "either spend the big 4 billion dollar kitty on strategic buy-outs or share the money with us"
- Absolutely no innovations/low skills in the change management practices
- There is enough emphasize over quarter-on-quarter growth and shareholder value addition. Is there same insistence on customer value enhancement q-on-q?
- Growth doesn't come without pain. But whose pain it should be? Customer's??
- How many are having a strong technology consulting practices/skills?
When
so many Indians are working in technology majors like Microsoft, Google and
Apple in the leadership positions, why there is no Amazon or Facebook or Oracle
from India? It's a clear industry leadership failure, no point in blaming the
students or our educational system
Very true. Even in his reign there was only one notable product developed. Mainly relied on providing IT Services.
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