iGate CEO Phaneesh Murthy aims to shake up IT industry billing model

Feb 22 2013, 13:52 IST
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iGate Corp Chief Executive Phaneesh Murthy.  (Reuters) iGate Corp Chief Executive Phaneesh Murthy. (Reuters)
SummaryAnalysts expect iGate's earnings to grow the fastest among key rivals including Infosys.

our cost, you are putting junior people on the job, you are getting paid whether we are successful or not, you are getting paid whether the project meets its business case or not," he said.

But for some clients, simpler may be better.

"I think that model which he's espousing, while attractive or sounding attractive, is going to be increasingly hard," said Everest's Bendor-Samuel. "If you've got a simple model operating right next to it, the larger market will opt for simplicity."

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