Product Story of Indian IT Firms Remains a Mixed Bag | In the News

Indian IT services companies’ bet on products and platforms (P&P) remains a mixed bag so far. While some companies are dealing with the seasonality of the P&P business, others are focused on providing productized service offerings to clients for bagging large deals. And competition remains intense from pure play SaaS (software-as-a-service) firms.

“There is no doubt that software and platforms present a large and attractive market. However, they require a different operating model, funding mind set and governance model than professional services. Hence most of the services companies’ ventures into this market have proven disappointing,” Peter Bendor-Samuel, CEO of Everest Group, told DH in an email reply.

Read more in Deccan Herald

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