Infosys let me down – I lost a bet! (One of my very few wrong predictions)

Sudin Apte

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.

Yesterday, I suddenly recalled this bet and thought I must wish George and fulfill my gentlemanly promise of the set bet. I am shooting a mail to him.

PS: My luck is running bad for last 24 hours. As I am posting this blog, George replied my mail – he really wants the dollar! Further salt for my wounds – TCS just sent an invitation for special party to celebrate their success. As if he knew of my grief regarding my prediction going wrong, Chandra personally called to invite :(  :)

3 thoughts on “Infosys let me down – I lost a bet! (One of my very few wrong predictions)

  1. I’m impressed, I need to say. Really rarely do I encounter a blog that’s both educative and entertaining, and let me inform you, you will have hit the nail on the head. Your idea is outstanding; the issue is one thing that not enough persons are speaking intelligently about. I am very completely satisfied that I stumbled across this in my seek for one thing regarding this.

  2. the difference bteween big boys lies in Leadership and HR. Absolutely true. Unlike the previous recession, in this recession Infy’s HR sent panic waves as a result they had lot to lose in last 5Qs. For a long long time Infy scored heavily over its peers when it came to quality of its early days hires and the belongingness amongst its old timers. Now either old-timers gone or their passion. One can argue its same for all but I believe Infy had the most to lose (irrespective of what attrition nos say). May be now its same for all

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