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Articles: Development | Chairman Speak
- Mr. Sekhar BC
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There is no doubt that the Indian IT industry has successfully placed India on the world map. It has created wealth & jobs on a scale we couldn’t imagine a decade ago. It has given us the self confidence to dream of India as a developed nation and to see ourselves as a knowledge society and to see our population as an asset not a liability.
But Indian IT 1.0 is reaching its limits. Its time to start thinking about Indian IT 2.0? This is where we have to make some significant transitions. The transition from renting IQ to creating our own IP. The transition from serving wealthy clients overseas to also thinking about how to solve large scale societal problems by leveraging technology. The transition from labour arbitrage to applying problem solving skills to market insights. The transition from simply innovating from India to innovating for India. We are convinced that there are huge economic opportunities here over the next decade and with the added benefit of knowing that we are contributing to the building of our country in the process. However the ecosystem of our complementors or partners to make each of these opportunities viable and scalable is broken. Moreover the way we are going about our businesses today–with every company working tactically and in relative isolation if not at actual odds with each other- is not promising.
As I conclude, I would like to point out that, what it is going to take is a few people and a few organizations with vision and courage to step up and try to pull together the ecosystem. What its going to take in the minds of these leaders is the recognition that a single organization, NGO or the government, cannot do it alone…it’s going to take a committed partnership of all stakeholders. What larger players have to do is to create a platform for smaller players and entrepreneurs to come in with ideas and energy and simply plug in.
Microsoft is committed to create a similar platform. Today’s Innovation Day is an attempt to once again bring together a set of key stakeholders and have a constructive dialogue that will influence the IT innovation agenda for our country. It’s a great beginning but perhaps in future we should have separate tracks for education, Rural India, SMEs, e-Governance etc to develop more actionable plans.
Well, Thank you for joining us today and I hope we have some high spirited discussions and a really worthwhile day.
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