Posts Tagged ‘Low Cost Execution’

Much has been discussed and said about having a local market to spawn innovation. Industry has also said that it is exceedingly difficult for Indian companies to think, ideate, and create a globally fitting solution (and I focus my discussion here to the IT sector). The argument that industry uses is something like – you must innovate only for a local market and in this context, all innovation must be focussed on the Indian market only. We cannot compete with global players!

If the market argument were true, and “global players” HAD adopted the same mantra, then I guess the world would only be a local space! Why is it that a Microsoft, SAP, Oracle, etc, seem to find “global” markets with such systematic impunity, whereas the Indian IT industry, touted as the world’s largest IT workforce, does not seem to find a foot hold in that very space? (more…)