Markets
BSE See NSE See 38,027.98
-309.03 (-0.81%)
collapse Related Readings collapse

Integrated Solutioning: The Way Of The Future

| 5/3/2013 12:09 PM Friday

Which are the companies that you feel will be benefited by this kind of a model?

There are a number of SaaS companies in India presently, but they do not have scale. What I do believe is that once they futureproof themselves in the Indian context, scaling would be much easier for them. So suddenly you will find a hockey stick for many of these companies. This hockey stick will not only be in terms of users, but also in terms of pricing. In India, they charge Rs 10 and after taking the same technology to Singapore they could charge USD 8. So they make money on the spreads significantly.

Do you think smaller players will have an advantage over the big boys?

You will find many companies getting vertically specialised and reaping benefits. Like even in case of a company like ours, Mindtree, we have a very good story in some very specific verticals and domains like FMCG and CRM etc.

But why is this standard grouse that IT companies don’t operate in the products space? Is that a genuine lament?

Yes, to some extent it is a genuine lament. The typical rhythms of a product company and a service company are very different. In services, the customer tells you what to do. At best, I tell the customers that I have already built something and that I would modify it for them. In case of products, the customer is not telling you anything. You have to imagine what the customer wants and then build it for a multitude of customers. So, you need to have the capability of visualising what a set of diverse customers would want, then bring in the right technology.

The real ability of a product is, you build the right intellectual property and use it many times. That is where the real value comes in. The fact is, products in India are at an early stage but the opportunity is huge.

Even now, do you feel that we are at a nascent stage on the product curve?

Yes, you can say that. We are at a nascent stage. But, you can see a genuine impetus all round. Even at NASSCOM, we have launched a new programme called the ‘10000 Start-ups’. This is actively supported by the government with a vision to have a significant number of tech start-ups in India in the next 10 years.

How does this work? Will the government fund it?

What the government is saying is that you raise some private funds and we will equally fund it. We do have some private companies like Google, Verisign and Microsoft which have pledged to the idea. The government is not directly promising any equity though.

Read More

 

Find More Articles on: DSIJ Magazine, Value-Added Interview, DSIJ Others, Leader Interviews, Research, Product, Large Cap

«« First |1 2 | Next › Last ››
news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

Index trend and stocks in action July 22, 2019

Karan DSIJ / Article rating: 5.0

We believe the next major support area for the Nifty is in the zone of 11,300-11,320. On the upside, any pullback rally towards 11,550-11,570 is likely to be resisted and this area is the likely hurdle going forward. Stocks in news: BHEL, CIPLA, Dr Reddy’s Laboratories, CG Power and Industrial Solutions, Strides Pharma Science, IOL Chemicals and Pharmaceuticals, Reliance Industries, McNally Bharat Engineering.

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.