Large, successful firms are often early experimenters with potentially disruptive technology, but often abandon them as existing customers see no value in them
Blip or trend? That’s the question analysts and journalists are asking themselves about the poor performance of Indian information technology (IT) services companies. For business media (and the interested public), Flipkart is the new Infosys, Amazon India, the new Cognizant, and Snapdeal, the new Wipro. Several articles in recent days have pointed to the decline of Indian IT services companies. One, by Andy Mukherjee of Bloomberg, was titled “Death of a Technology Star". That pretty much says it all. Mint’s team of analysts pointed out around the same time that growth in inflows from IT has stalled.