"Our ability to move the market needle in favour of biz-outcomes model is our biggest challenge. If we can do that, we will be a really special co", he said.
Puneet Jetli, who was Co-CEO of IT services business with Ramakanth, have taken over as the president & chief executive of the division.
“We have been looking for a specialised co in banking, capital mkts space and Digital Risk presented the best opportunity,” said Ganesh Ayyar.
In the campaign provocatively titled 'Conspiracy Uncovered' and launched in the US, iGate has taken pot shots at the Indian outsourcers' mainstay 'time and material model.
As Indian enterprises become more sophisticated consumers of technology, Oracle with $37 bn in global sales and $18-bn SAP are striving hard for their mindshare.
Rumours have been flying thick and fast about a six-month 'sabbatical' that he is planning starting the end of December.
Wipro added 53 customers in the second quarter, its best showing since the fourth quarter of the last fiscal when it added 68 clients.
Wipro will remain focused on IT services and promoter Azim Premji will remain chairman of the company while also assuming the role of non-executive vice chairman role in the newly created entity.
CIOs are realising the need to shape up to survive as they no longer are the sole masters of the technology domain within organisations.
If offering software as a service gains popularity, India has the potential to be among the top four markets for SAP, says Co-CEO McDermott.
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