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Can the cloud trigger the next boom for Indian IT firms?

For all its promise, the cloud business presents several challenges as well. The big one is the potential shrinking of the annuity that Indian IT majors have been used to in the past

November 13, 2020 / 08:39 AM IST
Can the cloud trigger the next boom for Indian IT firms?

Rajesh Gopinath doesn't usually walk around with his head in the clouds. But when last month at the TCS earnings call the CEO of the country’s largest IT company spoke about the industry being in the first phase of a multi-year technology transformation cycle, he certainly had one eye on the cloud. This though was the more prosaic one to which global companies in search of increased efficiency, security and data protection are moving processes and functions. The movement,...

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