A country well known for its software services now has an opportunity to build world-beating software products. At a recent corporate awards ceremony, Tata Consultancy Services (TCS) was crowned as the company of the year. Piyush Goyal, the Minister of State for Power, Coal and New & Renewable Energy hurriedly stepped up to the lectern after the award was given. He told the assembled...
#InTech50 – The Secret Sauce
InTech50 is a big success. The visiting CIOs went back happy. The InTech50 startups are pleased with their POCs and leads. Press has celebrated the new platform and has heralded its importance to the Indian IT industry. They say that the biggest enemy of success is fear of failure. No, that’s not true. The greatest enemy of success is hubris. This happens when one forgets the core driver behind...
Innovation Leaders coming from the US #InTech50
We are a few days away from InTech50 – a very warm welcome to CIOs and technology leaders from all parts the world to Bangalore. These leaders are responsible for bringing about Innovation in their corporate environments and are congregating in Bangalore to see the 50 best Enterprise Indian startups – the InTech50 list! This gathering is a huge step for the Indian product ecosystem because...
Fireflies lighting up the sky
Some years ago, Infosys and Wipro put Bangalore on the global map. Now, Bangalore is once again marching ahead. It is creating a new kind of technology ecosystem, which is culturally different from what exists today. Today’s tech-ecosystem is about a few ‘hathi’ firms doing IT Services. Metaphorically, this is about manicured lawns, straight rows of carefully planted flowers and an occasional oak...
Events Landscape 2.0
About four months ago, most of the core volunteers that had built NASSCOM Product Conclave into a successful event gracefully handed over the keys for NPC’13 to a new team. Thereafter, in an effort to address the remaining gaps in the product ecosystem, multiple initiatives were born. Playbook Round Tables was one of them which has been immensely successful right from the word go. They have...
Indian Product Industry: How Far We’ve Come And How Much More To Go
These are exciting times for us in the Indian software products industry. The air is pregnant with cautious, yet very strong optimism that some truly great product companies will emerge out of India in the coming years. There is a significant shift in the mindset of Indian entrepreneurs, with a focus now on building great products and not just good enough products. A talent pool of highly...
Transforming a nation with products
India is at a crossroads today. Gloom has replaced what seemed to be an unending boom just a few years ago. After a decade of rapid growth led by the services sector, the Indian economy has hit a plateau. While services exports continue to grow and create a surplus in services trade, they only constitute 35% of the country’s total exports and are unlikely to compensate for the deep deficit in...
Software Products Industry: Transforming India at Large
In my mind transformation is something that takes place when there is a significant change that happens and a whole genre of populace move from one condition or state to another. It is palpable, widely felt and very tangible right down to the grassroot level. One such occurrence that comes to mind is the Indian Railways reservation portal which was launched a few years back where millions across...