Indian Software Industry Subject of Beckman Lecture
Offshore outsourcing is a key feature of today’s global markets, with
Murthy cited three components that aided the successful growth of the Indian software industry: globalization, 24-hour productivity, and the Global Delivery Model (GDM). He believes that globalization is about “sourcing capital from where it is cheapest, sourcing talent from where it is best available, producing where it is most cost-effective, and selling where the markets are.”
The outsourcing of jobs to
Though the Indian software industry is constantly evolving, Murthy acknowledges the challenges it faces if it hopes to continue to compete in the global market. Companies must ensure that their employees focus on speed, imagination and excellence so that adaptation takes place.
Murthy predicts that the power of the gaming user-interface will be applied to info-system designs within the next 10 years. Because the younger generation is reared on this interface, it is vital to the industry’s future.
He also contends that businesses should “learn to operate in multicultural teams” because local talent is the best. And professionals should become more solution-oriented and focus on products that enhance revenue productivity.
The founder of Infosys Technologies obtained his Bachelor of Electrical Engineering (B.E.) from University of Mysore in 1967 and his Master of Technology (M.Tech.) from Indian Institute of Technology (IIT), Kanpur in 1969.