Just read that Accenture’s market capital is now less than Infosys and Tata Consultancy Services. Both Infy and TCS have market caps exceeding Rs 100,000 crore or around $22bn. That’s around 30% more than Accenture. The growth rate and the related P/E ratio makes the difference. Look at this - corporations outsourcing critical work would begin to feel lot more comfortable in evaluating vendors that are growing and stable and offer comparable services at more economical levels- gives them more choices.
Vinnie points to the new refurbished Ingres. Terry Garnett, Chairman of re-born, repositioned Ingres is happier with much lower margins than what Oracle is used to – buying 80% stake at 35 million US$ where sales is at 50 million US$. While Larry believes that Ingres for a long time has suffered form underinvestment, Terry has hired ex-Oracle alumni and the COO Roger, comes from Wall street background. Potentially at stake - 59% of oracle’s nearly 8 +plus billion database sale. Users - particularly those looking for database solutions for high value transactions now have a choice to look at industry strength database infrastructure that can be bought at lower prices.
Dynamism in the tech sector actually helps users - thats real. Gone are the days of uncontested sales and more choices abound.
Category :Emerging Trends
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