This is probably one major area for improvement for IT companies in India.
Investment in future trends can generate immense revenue streams if you can foresee the future trends well in advance.
I keep seeing most of the managements of IT service companies have restricted approach when it comes to investing in future technologies and R&D and Build IPR around it, except few exceptions.
They were also against employees working from home till almost 2019 End and then suddenly they realized some benefits of it after March 2020. Complete 360 degree shift in their thought process due to pandemic, else they would have continued their traditional thought process (read reluctance to change!!). This lack of vision probably might have impacted their potential to attract lot of talent due to restricted approach.
Things are changing now for the good, and they have learnt their lessons. We have started seeing lot of investments in R&D, and Digital technologies now in the past 2-3 years in addition to flexible hybrid working models.
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