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Home -> Finance -> Full Story

Thinking 'out-of-IT box' imperative for IT players
Friday, July 8 2005 15:58 Hrs (IST) - World Time -

Bangalore: Restructuring of IT to meet the dynamic changes in business, seizing opportunities thrown up by these changing demands, and thinking 'out-of-the-IT box' to develop solutions to cater to these new needs would become critical for major IT players in the near future, an IT expert said.

" The whole IT stack needs to be 'rearchicted'", Krishna Kumar, President and CEO, IT services, Business Mind Tree Consultancy Private Limited said while making a presentation on the Local Implications of global shifts.

As business process automation becomes a key issue, IT players would have to deliver solutions that were quick to respond to the business changes, capable of adopting to the changing business needs and those that were low on cost factor but high on operative efficiency, Kumar said.

Calling for restructuring of the current IT architecture, re-integration of IT sectors and reframing opportunities in the changing scenario, Kumar said, specialist vendors would have an important role to play in the near future.

Applications would have to be flexible with better information and data access. Lower application cost and improved security would become the demand in near future.

IT would have to become more geared to business needs. "Tomorrow, IT management may not comprise technologist but rather business leaders who were IT savvy", he said while visualising the IT scenario of the next generation.

He said consolidated buyouts and mergers, review of IT ownership and management would become the trend in the coming days.

Days where businessmen were not worried about the cost while seeking new IT solutions would become a thing of the past, Kumar said, adding that, in the new future IT solutions at reduced cost, with a flexible format and those that could deliver operational efficiency would become of paramount importance.

The drivers of the IT market would be those who possessed the ability to meet the dynamic needs of business.

The key guidelines for IT players would be to asses how to restructure their products, review their services and to bring an 'innovative bent of mind' while coming up with IT solutions for the growing market with dynamic needs.

PTI