Opportunity beckons for new services to be explored
The reality that is staring us in the face is that it is time for a change—in industry structure, the offerings of firms and even the nature of leadership needed to take the sector forward. The poster child of the industry, IT services seems to be reaching the natural end of the first sigmoid of growth which was time and material based services, whether rendered on site at the client premises or offshore in swanky campuses in the seven IT cities. The much touted second sigmoid of growth, products and solutions which have held out the promise of providing non-linearity to industry revenues, have failed as yet to deliver on the promise while the announcement of outcome based pricing has yet to graduate beyond the hype to provide a robust wave of new growth opportunities.
A related industry segment which has held out much promise for years has been engineering services, which was once seen as the most exciting white space for incumbents as well as new players
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