IIT Kanpur Organized Conclave on 'IT: Redefining Indian Business'

IIT Kanpur Organized Conclave on 'IT: Redefining Indian Business'

The Industrial Interaction Committee of the MBA Programme at IIT Kanpur organized an 'IT Conclave' on the 23rd of September. The theme for this conclave was 'IT: Redefining Indian Business'.

The conclave brought together eminent personalities from the industry from diverse backgrounds to share their experiences and insights. The speakers for the day were Mr. Ramakanth Desai, Senior Vice President, Business Strategy and Innovation, Wipro, Mr. Jayant Krishna, Principal Consultant, Tata Consultancy Services, Mr. Jyotirmoy Banerji, Assistant Vice President, Computer Science Corporation (CSC), Mr. Sanjiv Bakshi, SAP Lead, IBM, Mr. Samir Shukla, Lead Consultant, BristleCone, Dr. Veena Bansal, Faculty, Industrial & Management Engineering, IIT Kanpur, and Dr..Jayanta Chatterjee, Faculty, Industrial & Management Engineering, IIT Kanpur.

The event took off on an auspicious note with Dr. Kripa Shanker, Deputy Director, IIT Kanpur, and Dr. R. R. K. Sharma, Head of Department, Industrial & Management Engineering, lighting the lamp.

Mr. Ramakanth Desai started off by speaking on 'IT Service Delivery - Paradigm Shift'. Mr. Desai traced the initial days of outsourcing when cost arbitrage was the key leverage that Indian IT firms had, after which the roles have been gradually redefined with Indian IT firms breaking the big deal barriers. It is expected that IT revenues (export) would be approximately 60 billion dollars by 2010.

He then shifted focus to the poster child of the IT sector - the BPO industry. With a compounded annual growth rate of close to 50%, it is on the steady growth path. As on 2005, there were 410 players in India and the numbers are steadily increasing. Despite all this, the BPO industry still faces certain challenges such as data security and protectionist regulations in various countries.

Another segment that Mr. Desai spoke on was R&D outsourcing, which has been growing at a CAGR of 30% per annum and is expected that it will reap revenues of close $8 billion by 2010. The classic dilemma facing the Indian IT landscape is the dichotomy between choosing high value versus high volume. Increasingly there is a need to balance between the two.

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Contributed by -
Piyush Gupta,
PR Cell, MBA II Year,
IME, IIT Kanpur.

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