Vision 2021: will Infosys, Wipro make it?

The vision plans laid out by Infosys and Wipro, which involves doubling their revenue in five years, face several challenges — from employees having to think differently, to achieving scale in new business areas. Sometime in early 2008, TCS laid out its vision of achieving $10 billion by 2009-10. However, due to the global economic crisis, India’s largest software exporter achieved this milestone only in 2011-12. Flash forward now, and Infosys, followed by Wipro, has laid out similar such targets.

“If you look at the Intellectual Property (IP) component on revenues, it is negligible. And, if they have any hope of getting there, this and software business has to grow exponentially,” said Sanchit Vir Gogia, analyst at Greyhound Research.

Non linearity in business, something that the companies harp about, are reasonable but not sufficient, said Greyhound’s Gogia.

Source: The Hindu Business Line

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