IT business model ripe for disruption, say HCLTech, Infosys CEOs

The Indian IT industry needs to relook at its business model as revenue growth and headcount has begun to decouple, moving to more of an output-based model, said chiefs of the $250 billion sector such as HCLTech CEO C Vijayakumar and Infosys CEO Salil Parekh.The industry is dealing with several challenges at multiple levels. While AI is hitting the very core of the industry with its automation and code generation capabilities, the technology demand has not fully recovered after being depressed for two years.

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