728 x 90

A Truly Golden Age of Tech Entrepreneurship

June has been a monumental month for TCS. First, the Indian IT bellwether’s market capitalization ($120 billion) overtook that of IBM ($119.5 billion). And then when FY19 figures were reported, TCS became the third largest IT organisation in the world in terms of revenue ($20.91 billion), surpassing DXC ($20.75 billion). At $135.9 billion in FY19,

June has been a monumental month for TCS. First, the Indian IT bellwether’s market capitalization ($120 billion) overtook that of IBM ($119.5 billion). And then when FY19 figures were reported, TCS became the third largest IT organisation in the world in terms of revenue ($20.91 billion), surpassing DXC ($20.75 billion).

At $135.9 billion in FY19, software and hardware form India’s top export and one of the largest employers of skilled talent. Willingness to listen and evolve according to the changing needs of their clients have ensured the tech industry’s sustained growth. For quite some time now, Indian IT firms have been religiously measuring customer satisfaction scores, investing in building digital capabilities, increasing focus on developing products/platforms on new age technologies, actively mining clients for growing digital revenues, deploying automation to drive productivity and re-skilling existing employees for the new ‘digital’ normal.

With 7200+ tech startups (of which 400+ are in the AI and Automation space) in 2018 and 8 new unicorns, including the first one in SaaS, it is truly the Golden Age of tech entrepreneurship in India, ripples of which are felt even in God’s Own Country, inarguably the rising star in vibrant tech ecosystems.

Kerala’s 120,000-strong techie community has proved time and again that they are not just great at building tech solutions but superb human beings who can take the lead in social and cultural interventions as well as excel in an art or craft. ‘Tech-A-Break’ which concluded on June 6, was a spectacular show of the diverse cultural and artistic talents employed at Technopark companies. On the cover this month, is one such hyper talented group of techies from leading US tax services firm H&R Block which set up their first India center at Technopark last year. Calling themselves B Sharp, this rock band is testimony to Technopark’s unwritten dictum: work hard; play hard. Read their story on page 12.

With the monsoon in full swing, don’t forget to get drenched. Choose your song!

More Stories

Latest Posts