The Rise & Fall of TCS & Infosys | Future of big Indian IT companies

The Rise & Fall of TCS & Infosys | Future of big Indian IT companies | Infosys Q1 results

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A friend of mine, a senior guy in the IT service industry in Silicon Valley told me that almost all the companies are trying to cut down on their IT costs. This leads to a decrease in revenues of IT service companies like Infosys and TCS. But the salary expectations of folks in the IT industry in India are only increasing. The latest Infosys Q1 results have been a complete disaster. Infosys is not performing well because of all these factors, and worse, their share price reflects the same. The Infosys share price fell by 7% in one day.
Infosys CEO has mentioned that they are expecting a growth of 1-3.5% in the next 1 year. India as per S&P estimates is supposed to grow by 6%. This explains the negative market sentiment regarding Infosys. The IT sector today is going through a massive shift. But why? The answer lies in why the IT service sector propped up in India in the first place. Let’s take Punjab National Bank for example. In the 90s or even early 2000s the banking service system was completely based on paper trail. On paper records of deposits, withdrawals, loans, FD, etc were maintained and peopel had to stand in long queues to access banking services.
But then with the rise of computerized banking systems, all banks had to evolve E-banking or net banking facilities for their customers. But folks working at PNB are not technical experts. They could hire technical experts but that would be time-consuming and expensive. That’s why they thought it was better to outsource the technical requirements to IT service companies like TCS and Infosys. But the majority of TCS & Infosys customers are in Western developed markets. Could the companies in Western developed economies not find any other service provider to do the same job as TCS or Infosys does? Of course, they could but Indian IT service companies like TCS said that they could do it cheaper. Because the cost of labor was cheaper in India.
Because the services offered by TCS & Infosys were cost-effective, they started getting clients from across the world. This shows the competitive advantage for TCS & Infosys was not in what their intelligence or expertise but in cost-effectiveness. This needs to be understood because this became the reason for their downfall too. The first reason for this is that there are small IT companies that are propping up all across India. These small companies say that they can do the same job as TCS and Infosys but at a much cheaper cost.
The second reason is the rise of automation in IT. All the things that were done by TCS, Infosys, and the likes in the past are getting automated these days. This is the role of AI coming into the picture. Now over time, the role of AI in IT will keep increasing and thus the share of Infosys & TCS in the IT services space will decrease. Topaz an AI platform launched by Infosys has gained 8 clients, and these clients have basically come off from other projects. This is why the IT sector is going through a massive change and in the future more IT jobs will reduce
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I publish meaningful and valuable content on this channel. My aim is to make business news more accessible and easy to grasp. If you find my videos informative and insightful then make sure to subscribe and leave a comment. I’ll see you in the next video
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Chapters
0:00 - Intro
0:22 - Infosys Q1 Results
1:28 - Rise of India’s IT sector
3:24 - Fall of India’s IT sector
4:28 - AI Automation
7:43 - Outro

Пікірлер: 185

@ravib2303 8 ай бұрын

Boss I was hearing the same story since day one (last 20 years)...nothing will happen...its just a fear but market will go up for infoy and tcs etc.... Cheap labour is required in software like we need a maid at home. Maid has fear that washing machine, dishwasher, Zomato,AI, robo came and insecurity increased for maid....nice joke. Over analysis is paralysis.

@kapilbhardwaj4680 8 ай бұрын

You are not getting him. AI can overtake the cheap labor, that's what these companies generally provide to their clients. Leave aside code quality, code maintenance is the most common concern. 🫣

@ravib2303 8 ай бұрын

@@kapilbhardwaj4680yes... AI will do the code maintenance dow the line.

@whykoks 7 ай бұрын

It was manageable until physical human labour work was getting mechanized or automated. Analysis and decision making work was intact for humans to perform, but now that itself is in danger so this time the challenge is of a different kind.

@sachinbhadauria5309 7 ай бұрын

Have you been able to manage a project yet? The project cost for outsourcing it to India is the same as hiring someone locally; the benefit of not hiring someone locally is now just the liability of hiring a US Citizen.

@PrinceofPersia7074 7 ай бұрын

De dollarization

@myselfshrikantkale 8 ай бұрын

1. After a decades of experience why there is not a single product? 2. Where is the specialization ? Hire a civil engineer and juice it out IT of it ! 3. Stop being greedy for God sake by paying very very very little....!!!

@cinder668 Жыл бұрын

I am in cognizant and its state is worse than all IT companies mass layoffs and no projects even higher management got fired along with Ceo replacement directors and managers are themselves admitting that lack of projects is a big worry now😢

@sukri0911 7 ай бұрын

Rather than company or its leaders, each of them working should enhance their skills in a diversed way, so their demand will never come down

@worldandworldly Жыл бұрын

Companies like infy, tcs, wipro will be reimaging their business and innovating. They will adopt to the emerging growth areas. The key here is whether their current workforce is up to it. A lot of IT firms and other associates have started looking into digital transformation from workforce perspective, while some time back they were looking at digital transformation from customer perspective. With 10x and 100x buzz, companies will be looking at operating businesses with lesser footprints.

@kingOfTheAscetics Жыл бұрын

Thanks for the great videos @Pavan Sathiraju! It is a great learning experience!

@InfinityTalentGroup1 8 ай бұрын

Great information and you are a legend. Thank you.

@amoghkolhapure Жыл бұрын

Insightful.. Keep making videos on such topics.

@nikhildays Жыл бұрын

The crux of the problem isn't that there are other smaller IT companies that can do it for cheaper, rather the business model = cheap labor, is becoming obsolete. Companies in US / Europe may be cutting costs, but that is just a temporary thing as recessionary fears loom in the horizon, but it is something that will pass in due course. The problem that the Indian offshore companies have not been able to let go of is that the cheap labor is now synonymous with poor quality. Sure, you can get a QA tester or a Java developer for $25/hr, bill him / her to a client for $40 and make your margins, but client now know what $40/hr is going to get them - a subpar service. And no matter how many $25/hr people you put on the project, the quality remains the same.

@nickraja17 8 ай бұрын

absolutely right. now a days clients are ready to pay for good quality work.

@sunilkumarcheruvu 7 ай бұрын

Having said that higher billing may not always be synonymous with higher quality. Quality is usually vague in software terms and quantifiable only to some extent. Also other companies like zensar, persistent systems, tanla, sonata etc are doing well

@turbulantarchitect5286 7 ай бұрын

Everyone says that chinese goods = low quality goods. Now, just check your electronics devices' country of origin.

@kritidiptadatta5556 7 ай бұрын

I would say you are partially correct. Low billing doesn't always mean low quality, as a mater of fact in my project the infy resources are on the same lovel or maybe better then the client resources. (Definitely better than other contractors)

@nagee76 7 ай бұрын

The clients are very much aware of all this... From their perspective they save themselves the cost of hiring a full time employee and can always let go of their vendors much easier than their employees... Besides there are always a few critical resources in most major projects who can help cover some of these issues Overall unless there is a drastic screw up from the offshore team, this economic model with all its drawbacks still favours the clients in North America and Europe

@shirshendubhattacharya4690 Жыл бұрын

Well explained and on the point.

@sunilkumarmt Жыл бұрын

Hi Pavan, Thanks for the video. It's an eye opener in terms of the situation for IT services firms. Please make more such videos. Please make videos on adoption of AI in different sectors and domains like healthcare, software development, customer service, maintenance etc. Include AI tools also that are being used.

@mandalorian1992 8 ай бұрын

The thing is more and more businesses would develop in-house development teams rather than outsourcing. So the push for youngsters should be to move to product or captive firms rather than sticking to IT Services or consulting firms for long.

@venukishore1 Жыл бұрын

Very interesting pavan..please make more videos like this.

@preetikulkarni5722 7 ай бұрын

Very well explained, superb video👌

@gameondude0 8 ай бұрын

thank you for valid information.

@meetmycoach517 8 ай бұрын

Companies like Infy or TCS have reached a certain economy of scale, they are cash rich and they qualify for certain projects where no other vendor with less than $1BN is allowed to bid. They have moved from the body shopping mode to complete outsourcing. They will face challenges with advance AI coming in and low end jobs like testing etc. vanishing

@ishwarabhat 7 ай бұрын

Well informed comment.

@pranjalbhattacharjee4870 7 ай бұрын

I agree. Also I see middle management playing no productive roles , so there could a server job cut for people in these domains.

@SanoopAI 7 ай бұрын

Like what kind of projects?

@ramreddybolla Жыл бұрын

Good insights.

@SHIVAMPANDEYSJTG 8 ай бұрын

I remember I gave my resignation after 2 year of joining as a fresher as I felt I am heavily underpaid. An HR in the company was like we are paying you such a high amount 😆. Is it slavery for 8 9 lpa they ask to work us 12 15 hours a day even on weekends. Idk why I joined tcs its better to not work at all and starve to death than to work at such places.

@nagasabsreeshgontla4628 8 ай бұрын

When you don't have much financial commitment, you have all freedom to take decisions. That way it is good.

@WiseDecisions 7 ай бұрын

May be now you are earning 20lpa.

@Harharmahadev006 7 ай бұрын

Have you worked any other industry? Like mechanical automobile and civil. If worked then you will never use this pathetic word slavery.

@COD_MW007 7 ай бұрын

I truly agree and this is what is happening with me right now

@maninadar7562 7 ай бұрын

@@Harharmahadev006 True. In Other industries, above 50000 Rs is good salary

@deepakd4148 7 ай бұрын

Perfect analysis. Your predictions are right, Sir

@jonron3805 8 ай бұрын

I would say the advantage is not only cost. These big companies have the ability to influence powerful people to give them a preferential treatement. For instance Infy in Australis has been accused of psuedo bribing government through a "lobbying" firm while paying the lobbying firm millions of dollars for non justifiable work. While this particular case is still in court and investigations are on, it shows that the large companies have a way of getting the projects. What is to be seen is how the smaller companies can build this influence.

@baivabmishra6368 11 ай бұрын

Loved the way of presentation.

@premswarooppaul1109 Жыл бұрын

Superb analysis. It is an excellent food for thought for new aspirants trying to get into the sector. Best wishes.

@rickysundrani Жыл бұрын

A very myopic view of the market!

@zakkaullahbader9482 Жыл бұрын

Insightful 😊 can you make video on Consulting how the AI is leveraged by Consultants and will Consulting affected my AI in near future

@adityachopra5688 11 ай бұрын

that was a great video!

@rajagopalannarayanan9364 8 ай бұрын

Very good analysis. Do more such videos Pavan to educate younsters aspiring to get into IT. WITH THE REAL TRUTH of the industry. I worked in IT for 30 odd years. Saying this 15 years back. Nobody listened.

@xxxx-tb4de 7 ай бұрын

You have valid points but large IT service companies like TCS and Infosys also have options. They know cost is the key. It is not too hard for them to reduce the cost by cutting employees, reduce building/benefits, automation etc.

@NikNeedsToStudy-fb8gr 8 ай бұрын

If you said this when US tech market was hot, I would have agreed with your points. However, US tech market is not hot now. The slow growth in Indian consultancies could be the result of it rather than the points you have mentioned.

@ps6572 8 ай бұрын

like some others have said. Bigger firms like tcs/infosys will adapt and evolve. The IT market will reduce in size. but other technilogies/systems will emerge and take their place. Nature does not like vaccum.

@amrit0501 8 ай бұрын

Thanks sir for excellent video

@PavanSathiraju 8 ай бұрын

Thanks for the kind words:)

@svraidu 11 ай бұрын

Hi Pavan, big picture of s/w industry you explained is 100% accurate, but here in India most Of the industry Sr management thinks hire a fresher and train him for couple of week and we can fire the experienced engineers, I have lot of questions and it really scares me. I wan to know how I can compete with this challenges

@guptasagar694 10 ай бұрын

How can you make someone Java Backend developer in couple of weeks...No one is replacing folks having 5+ yrs of solid exp..

@a2zuser1 8 ай бұрын

we want to know how can we enable TCS Infosys Wipro to survive in their downward path? how can we rescue them and still keep all jobs ?

@humblerajesh.9129 7 ай бұрын

My elder son is in BE electronic and communication. Which additional course will be good for a better placement??

@surajlal2093 Жыл бұрын

Hi Pavan, What is the way out for employees who might start facing the heat because of these transition. What are the steps that can be taken to be relevant in the company or say be relevant in their Profession?

@PavanSathiraju Жыл бұрын

I made a video on this topic 10 days back. Please check

@surajlal2093 Жыл бұрын

@@PavanSathiraju Thank you Pavan, would be great if you could share the link here for folks to refer

@RajatRajgaria Жыл бұрын

Loved this. One of major points you missed is SAAS. Business models on which IT services companies used to thrive itself is changing. With SAAS, maintenance cost is 0 for enterprises inturn no play of IT services companies

@PavanSathiraju Жыл бұрын

Agree!!! Thanks for pointing that out!

@kapilbhardwaj4680 8 ай бұрын

What about DaaMAD

@spranavshanker 7 ай бұрын

This SAAS would have cost atleast 30% reduction in work. All server migration, updates etc gone, nobody even talks about it these days.

@m2gautam 7 ай бұрын

Rightly said.. big companies now feel the baggage of being big. It’s time to be agile

@gsrikar 7 ай бұрын

Fantastic video

@gmsubu 8 ай бұрын

IT industry will always survive through innovation. TCS , Infosys etc have numerous advantsges due to their size and scale of operations. Their unit cost per employee is lower than a small size company. You need to constantly upgrade and adapt skill sets as per the lstest technological trends. IT will pass through recession but will always bounce back in the long run.

@shardul9197 4 ай бұрын

Not at all.. these companies work for foreign organisations for cheap rates.. tcs infosys have cheap labour. But in future there clients will start using AI's on there own which will be much cheaper than paying tcs like vendors. And none of Indian it company have their own AGI.

@sashankpatnaik3999 9 ай бұрын

What will be the future of 2025 batch IT students?

@Guidewire_Enthusiast_Vinay 10 ай бұрын

Perfect explanation of the IT's current landscape and ongoing scenario.

@PavanSathiraju 10 ай бұрын

THanks Vinay!

@garyzies3486 7 ай бұрын

AI is a job-eating monster! Many new layoffs have been announced by global IT companies. Millions of Indian IT professionals will find it increasingly difficult to get hired. The Hunger Games have begun and we're only at the beginning of a massive shift on how business is done. It's a paradigm shift that will leave many people behind. They don't care about us and they don't need us anymore.

@suhelsayyed6475 9 ай бұрын

Informative video, thank you so much. I think in next 5 years these companies may cut down upto 20-30% of their workforce due to automation

@souptikchatterjee7193 11 ай бұрын

New area of work is AI, Indian it industry will adopt this quickly. In coming 1 year indian it companies will see another boom of project.

@vlogithan8784 7 ай бұрын

Is it truth?

@chirut4327 7 ай бұрын

With the pace at which generative AI is growing, it would not be more than a decade before the traditional service based industry goes obsolete. They have to come up with new business strategies. The potential clients of these companies would set up inhouse shops with a very few engineers in future to build the applications they want. It would be much cost efficient for them.

@hrtummala 8 ай бұрын

The buggest threat for IT services is not cost. It is cloud and saas services. Businesses like plug and play solutions vs building custom in house solutions from these services companies.

@mansoorhassan5246 7 ай бұрын

Excellent

@harshitrastogi866 11 ай бұрын

He said 1-3% growtb in constant currency not in revenues and profits

@shivisharma_123 7 ай бұрын

India is country where fresher are always ready to work and switch the jobs.. since cost of inflation is high..when a senior start expecting the higher cost , company start thinking about his replacement. It is absolutely foolish to think about taking home loan for 25 hrs in a world of such dynamics..false promises to Indian middle class who sacrificed their money , time for getting fluctuating job..m

@nareshpullakandam7543 7 ай бұрын

IT has become expensive in India due to high real estate costs this no one wants to agree since everyone involved in real estate activity than tech so nothing can be done now

@blueskyloo 8 ай бұрын

As an investor I would say, IT sector is going through a period of transition, therefore the word "fall" seems a bit harsh. Anyhow would love to see a follow up of this video in few more years.

@prathameshkeluskar8682 9 ай бұрын

What are the option for new coming candidate?

@karan_rao Жыл бұрын

Thanks for this insightful video. However i beg to disagree on the last point you made - when you questioned whether these companies would even last a few years. I am no astrologer, and the lifecycles of organizations as a whole is decreasing. However, will stick my neck out and say this is just a phase. TCS, Infosys etc are heavily dependent on the NA geography for their business. The global economy as a whole is facing major recessionary pressures - led by Europe and US- major contributors to the coffins of these orgs. Besides, pandemic gave a false sense of persistent growth to these orgs, who in turn heavily hired high cost resourses, which is now biting these companies. Hence the slowdown. This wont be a major disruption, can term this a temporary blip. I expect these companies, and the?industry, to recover. May take a couple of quarters though.

@RN-yc5jh Жыл бұрын

Yeah you are right these companies have tackled these kind of faces in past and you will find these kind of videos as well it companies have come to an end?🤣🤣🤣🤣🤣🤣🤣

@THEKatpadi 8 ай бұрын

Please make a medio on scope of cyber security as an profession .

@leosarebest 7 ай бұрын

Aaapda mein avsar. (Opportunity in disaster.) So the trend should be to move from IT Services to IT Products. Personally I feel Indians have the talent to create wonderful products in any domain (Finance, healthcare, Automobiles etc.) Hope the current generation does not miss this bus.

@Govind._g 11 ай бұрын

In today's AI-driven world, even giants like Infosys are feeling the heat from agile startups. So, what should IT beginners should do to survive this shift, and can you create a video about it?

@tusharkulkarni4082 7 ай бұрын

Everyone will talk about job cut and etc but no one is talking about huge population of India and we need to control this population. This country can not manage such a huge population anymore.

@TheVidit143 Жыл бұрын

IT still better than Mech/Civil 😅

@adityamohanty6146 Жыл бұрын

Wrong perception buddy.

@guptasagar694 10 ай бұрын

Absolutely true, i graduated in 2018 and many of my collegemates who were in Mech, civil are still underpaid or unemployed 🤣🤣🤣🤣

@adityamohanty6146 10 ай бұрын

@@guptasagar694 I am from Mechanical background i am working in PWC bro 😃

@sauravdagaSDaga1984 7 ай бұрын

They have been predicting the death of IT services companies in India from past 15 years. The sector will definitely undergo a lot of changes, but its very early to write them off..!!

@aniket2812 Жыл бұрын

AI will take over many of the programming tasks..

@PavanSathiraju Жыл бұрын

I believe the same!

@HappiestMindSet 6 ай бұрын

Nice Observation but Saying Infosys and Wipro Or TCS may not exist in next 4 to 6 years is too much exaggeration

@Sam-ch4jh 7 ай бұрын

Earlier implementing a web server and corresponding online services required lot of man power and infrastructure. Now see the cloud. It can do all with simple steps. This could be one of the reasons. Why no one measured the actual impact after wide usage of cloud services like AWS, GCP Azure etc. I dont have experience at all with web related stuff, I am able to do very easily. So called full stack developer is no longer needed, without any complex experience, I was able to do ( I am civil engineer but had engineering based product dev experience long back). Effect of AI is yet to come, what you see now is very little.

@vmagic8195 7 ай бұрын

AI won't replace software engineering. It will be integrated as tool in many workflows. AI use-cases are limited.

@ganeshdabral8963 7 ай бұрын

His thoughts seems like my school time teacher including math calculation, india have this much amount of organization and current student strength is so much higher and if you do not comes into under 10 or 20 rank there will be no job for you, such a silly calculation and thought and it was seems like such scary same like this video in present

@mehtabhussain5363 9 ай бұрын

Innovation is key ..

@bharathirajkumar 7 ай бұрын

I think these companies will exist, but it will be able to manage with 1/2 their work force.

@vijaychandra91 7 ай бұрын

Iam 100% sure that AI is going to replace. 99% of jobs in market in next 20years

@whykoks 7 ай бұрын

You are God

@aranyakm 9 ай бұрын

IT services produced in India are linked to the health of the economy of Western countries.

@adwaitvedant3297 Жыл бұрын

Universal Basic Income On the way

@SanoopAI 7 ай бұрын

Smaller companies will grow even more

@AshishYadav-wj4dk 7 ай бұрын

Never bet against TCS, it's not just an IT services firm rather it brings a lots of it's revenues from SAAS through brilliant products like TCS BaNCS, TCS CI&I, TCS DATaom.

@praveenvootla1148 Жыл бұрын

Hey, can you also make video on emerging tech such as 3D printing

@satishshidhaye8438 11 ай бұрын

A sector born out of fiat dollar is doomed to fail. The relentless money printing led to the never seen before rise of a sector which canabalized all other sectors in India, poached talent from all other sectors is bound to meet the same fate as the other sectors. It is karma

@fwefhwe4232 7 ай бұрын

lolIT pays higher salaries, nothing is stopping manufacturing companies paying 20 LPA

@learningmaster8060 8 ай бұрын

They should move out of expensive cities like Bangalore.

@dlaneesh 7 ай бұрын

Hello My friend… infosys has a well know product called Finaacle. This is being used by huge banks. For huge banks they don’t care about small saving by switching to smaller players. How much ever AI comes to the market the adoption is not like flipping a switch my friend.. effort required is un imaginable. Remember with so much progress in server technology and recent cloud.. many in Europe and USA running old mainframes why? Because change is hard for existing systems. New items might shift to new tech but remember Indians are not going to watch and loss.. they will adapt

@righteousnova 6 ай бұрын

Interesting. No one was saying this when the US was outsourcing 90 percent of the US jobs to india. Yes I've worked for TATA, infosys etc. Me and my family are sooo happy to have the IT jobs back in the US. There was alway's talent here. Please don't get that confused with cheaper labor being outsourced to india. Understand China did it to the US. India did it to China. What comes around goes around. Happy and thriving in the US again

@anvicom 7 ай бұрын

In larger companies, you will find more management people with fat salaries eating the revenue, and they don't directly generate revenue. In smaller companies, you will find many direct revenue generators, and a small management team. Any person or department who does not directly generate revenue is a cost to the company. Meaning, the company has to ensure they adjust their billing rate to deal with these costs. And hence, larger companies end up quoting higher rate per hour, while smaller companies would have an advantage of maintaining minimal cost teams. I'm addition, many larger service based companies don't pay out much to experienced tech staff as it affects their overall margin in addition to the indirect costs. AI in banks, atleast for now is a pain in the neck. Many banks have implemented chat bots which is waste of time. These bots barely help customers rather elevating frustration levels. So AI still has to mature in my opinion. If I were to choose an engineering field, I would not opt for IT sector given this era.

@akshayghodke394 8 ай бұрын

One thing, you said that the big companies like FB and Google will go down and FB has started feeling the heat, this might sound scary but something better will definitely come along. Without google and to some extent FB, humanity will go back an era. Be optimistic about the future too, don't just scare people that there won't be any companies left

@PavanSathiraju 8 ай бұрын

Going back an era is not that bad:) isn't it?

@kousik8042 7 ай бұрын

baat to sahi he but company kuch value bhi to dena chahiye? google ka advertising he serch engine he video library(yt) he aur bhi bahut he but fb really kya value add karta he?

@prabhakar0076 8 ай бұрын

It's all abt economics but not tech. As Dedollarise or USA becomes 3rd world bcos of their debt, the Indian IT industry collapses to SW labor industry with less salary

@kiranas 7 ай бұрын

There will be huge salary cuts across the board in India, when the recession is officially announced, besides, it will be worst for Indian IT companies, as the dollar may fall to 2008 level (say 40 rupees). Then the deals won't be that cheap. Across the barod, IT function will get salary cuts and it will also drive more the need of freshers and sack the senior guys or ask them part time consulting with much reduced salary (proportionately). IT support to the companies wasn't much than L1 & L2 support staff, or the site engineers. Its not about the support. IT needs will definitely rise especially in bad times, but the lower dollar rupee ratio pressure will come to IT atleast temporarily... Later, India has to get the dollar back high, if we need to export more than the import. (Make in India). So it has to come to some predictable balance, if not 40 but not 85 also. On the other hand, India will get more IT work from other countries, which were behind, like Europe etc. because their population is becoming aged and they would need it more services from the rest of the world, especially services sector.

@pvn9100 7 ай бұрын

1) Infosys and tcs not taking small projects whereas Accenture take even a 5cr projects..... 2) training and people talent management is missing 3) innovation and new platform missing

@rameshganapathy6657 7 ай бұрын

Cost arbitration is no more, market adjustment happened long time before and large companies have huge fixed liabilities to maintain campus but can cut down variable liabilities- overheads. It’s time to reexamine and reward technical people (bottom of the pyramid) and reduce blobers, too many non technical seniors to manage projects. If they don’t wake up these technical people will be their competitors. Blobers may propose innovations, client management, domain/ compliance expertise, services to products etc - nothing will work, time is the essence to survive else you will only people to do appraisal and give advice. Conduct a test to Manager and above on latest technology like Cloud and determine the next step to survive.

@sambitsadhantripathy 7 ай бұрын

Ha ha ha. EPIC !!! Sitting in your drawing room, predicting the future of Indian IT giants is laughable. Now, I found out that I used to follow the wrong channel. Thank you for this video. It cleared the air for me.

@PavanSathiraju 7 ай бұрын

Sure!!! A lot can be done sitting in a drawing room. For example - building a company! You don't need to step out to do ANYTHING.. Even you get your food at your door step:)

@balajimudaliar5715 8 ай бұрын

Alot of management is getting paid way higher for the value they provide compared to the actual workers who give more than there Defined working hrs no wonder they are job hopping and employees want higher pay.

@garyzies3486 7 ай бұрын

Infosys is in deep trouble! Shares of Infosys fell sharply after the company said that an unnamed global company, which had signed a $1.5 billion deal focused on artificial intelligence solutions, decided to terminate its contract with Infosys. Infosys said it had plans to enhance digital experiences and provide business operation services, utilizing the company's platforms and artificial intelligence (AI) solutions. It was a 15-year deal signed in September 2023. The deal termination comes at a time when IT and tech companies globally are facing uncertainties and challenges.

@SushobhanSamanta 8 ай бұрын

Sir, the starting of the video is something not sensible, need much research. There are cycle when money is invested and when return comes. Let's assume in 2026 the returns are coming and this infosys sits at 2500++ or more then the narration will change sir 😅. IT services has just invested in a kind of growth which for most of us is invisible 😊

@regishbabu1790 8 ай бұрын

could you elaborate

@bsankarkumaran_fashionIcon 6 ай бұрын

Billing what companies do is like 4 k to 10 k usd ... But what is being paid to employees is 1k-2k US dollar ... Some cases 3-4 k ... They go by pyramid structure... Like for one senior 3k resource they will have 10 1K USD resources... Still companies are having huge cost advantage... And aquisition of fixed bid projects runs to millions of dollars still . And projects get executed at a partial level....it's greediness of IT companies charging more and more from US to Satisfy the shareholders the main reason for their fall and may be mismanagement like investing heavily on buildings and assets which are not really needed ... You have a brand you can go for work from home and lower the cost.... Organisations don't want to change with time will perish ... Don't put blame on employees.... Every time organisations got the habit of blaming employees like scape goats for their mistakes ... Now also fresher's in India ready to work for 4k USD per year salary... In US who will work for that rate..... Your video makes no sense

@kulvinderaggarwal5422 7 ай бұрын

I would like to understand AI

@visakapriyan 7 ай бұрын

This season is similar to Dot com bust and 2008 Recession. It will take some time to revive but these IT service companies will sail through may be in a different mode. I remember, back in 2008 all IT service companies were talking about inorganic growth but nothing materialised, may be they will target inorganic growth through AI and Automation but definitely more work had to come around AI and Automation. This is just a transformation period. Don’t worry. Engineers who are worried about their career, just focus on next gen technologies and try to grab opportunity in any of next gen technology. And by the way, it is just not AI and Automation, metaverse is just now at the peak of gartner hype cycle, once it fades down and reaches plateau you will notice a whole new world of opportunities. While trend of accessing digital There is a need to change whole information and interaction will change and this will change entire IT systems altogether to cater metaverse. Just imagine the amount of work that is required, so do not worry

@chauhanishan 7 ай бұрын

The IT services industry will shrink because AI/ML will automate a lot

@rohitnayak9952 8 ай бұрын

Wat should employees do 😢?

@tadepalliprasad 8 ай бұрын

Software is not emgg but merely coding that's akin to thd job of translators naturally people will adopt that junk A[ to get their job done nowonder

@deepakjain4481 8 ай бұрын

really think twice before you speak

@zahuruddinsheikh2814 7 ай бұрын

Indians shd develop the chinese attitude of becoming independant providers. Nobody wants to start small scale business and work with small clintile. AI has taken over. none of these BPO work will find use going fwd.

@vijaynats 8 ай бұрын

Mega IT firms will collapse soon because their business model is not sustainable due to never ending demand for growing salaries, flight of talented techies for various reasons and too much flab in lower, middle and top management. IT has become too sophisticated and hard now and it is not the forte of freshers anymore. The only way they can remain relevant is by embracing high value consulting culture.

@bossgandy 8 ай бұрын

You took the example of PNB but it’s an Indian company so they could’ve hired another Indian IT company…

@factcheck8481 7 ай бұрын

CEO salary grows at 50% and other C class jobs equals to 10% of employee salaries

@abusufiyanmansuri5675 Жыл бұрын

I am concerned that Infosys might remove this video :)

@PavanSathiraju Жыл бұрын

Hahaha

@womenisonereasonbehindever2049 Жыл бұрын

Th ey r not free like him 😂😂

@AMITPAULEKKA 8 ай бұрын

❤

@jonam2608 7 ай бұрын

Please turn off the background music! I stopped watching after 2 minutes. Any background music in a talk show is distracting, dilutes attention and plain irritating! You are not an ad jingle for God’ sake! As an ex-McKinsey surely you must know that?