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How IT industry can create IP and more value creation...

Started by : Amrita , Animation/Graphic Artist, Creative design   12 09 2010 06:32:24 +0000
Industry : IT ServicesFunctional Area : Business Models(Strategy & Execution)
Keywords : entrepreneurs it industry indian it industry ip value creation it leaders creating more intellectual property
Activity:  10 views;  last activity : 12 10 2010 05:46:47 +0000

The Indian IT industry is over 2 million strong now! Comprised of some of the best minds in the country (unfortunately, in that process its also starving other science and art disciplines of good talent). That over the past two decades has helped create an industry that the world has now taking serious note of. Amidst all this, if one were to look back and see what we have actually residually created, it is just organizational and people capability to deliver on large scale IT projects.

Nothing much else in terms of other value like IP, products and innovation! This is kind of a serious lost opportunity for such a large high-talent pool! And the only value that the industry leverages today is the revenue potential that the cost-arbitrage brings. With strengthening rupee and the rising cost structure, this is rapidly declining though! Industry has to recognize this and make some fundamental shifts, towards more of IP and value creation.

So, how IT industry can create more of IP and value creation??
 
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1 Having mindset which is more Innovative and solution centric
2 Need to examine the requirement with the security to the user.
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Having mindset which is more Innovative and solution centric

idea posted by Amrita Animation/Graphic Artist, Creative design

Given the projects and IT management focus, the IT people were more “execution” centric. But then the IP and value creation imperative calls for a completely different mindset one that is "more innovation and solution centric". IT people who are much more entrepreneurial and out of the box thinkers. We need that sort of people to run the show. Both in terms of starting new startups and products as well as intra-preneurs within organizations that take on a more innovation driven approach to delivering the business objectives of their organizations. This mindset from employees which is more innovative and solution centric will create more of IP and value creation...
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by monika computers, providing IT services, Vohra Industries  | 12 09 2010 14:06:46 +0000

still we are so much back ward in IT industry still we are depend on so many temporary devices which many be permanent for long time but can be get corrupted at any time Now, when we properly think that business & professional life is nothing with out internet than why we can't access our complete system means complete system from any where at any time

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by monika computers, providing IT services, Vohra Industries  | 12 09 2010 13:56:01 +0000

still we are so much back ward in IT industry still we are depend on so many temporary devices which many be permanent for long time but can be get corrupted at any time Now, when we properly think that business & professional life is nothing with out internet than why we can't access our complete system means complete system from any where at any time

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Need to examine the requirement with the security to the user.

idea posted by Anand Sharma Monitoring the research funded by DIT, Department of Information Technology
What u have added is quite known as mine. But still we are lacking far behind in this sector.
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