Bangalore, October 2005; George Colony (Forrester’s Chairman and CEO) was in India. We finished our meeting with Infosys’ top brass – Murthy, Nandan and Kris and were on our way to Sarjapur Road to meet Mr. Premji. Earlier evening we were in the then new TCS facility at Banyan Park (Mumbai) to meet Mr. Ramadorai and the CTO.
We were discussing where Indian IT is heading and how these players will evolve. In his typical style, George asked me to stake my neck out and predict which company will be the first to cross US $10B mark. I thought Infosys will overtake TCS somewhere around 2009-10 and will be first to become 10 Billion dollar company. George thought other way round. This was how our $1 bet happened!
April 23, 2012; TCS announced its results and crossed the $10B mark.
Since last eight to ten years, Information Technology industry has witnessed hype around particular technology – ERP, Y2K, E Business and now Enterprise Mobility.
What I see today is, a race amongst the Information Technology service providers. Be it Indian or MNC, There is a tussle to gain initiators’ advantage in market for adopting the newest member amongst emerging technologies. High executive interest, direct involvement of CEOs, companies listing range of mobile devices within their organization circulating them amongst employees in projects. I even see service providers make new investment plans, set up centers of excellence, build partnership, and develop application store! It is a party! But factors for consideration are more than what meets the eye.