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IT industry at inflection point, says Zoho's Vembu
Financial Express Pune
|April 19, 2025
ZOHO'S SRIDHAR VEMBU has sounded an alarm about the future of India's software and IT services sector, arguing that the industry is facing a fundamental reckoning—not just a cyclical downturn or a challenge from artificial intelligence (AI) but a structural shift that will reshape the next several decades.
In a post on X, Vembu contended that inefficiencies in products and services have long plagued the global software industry. "My operating thesis: what we are seeing is not just a cyclical downturn and it is not just AI related. Even without the uncertainty induced by tariffs, there was trouble ahead."
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FLERE HISTORIER FRA Financial Express Pune
Financial Express Pune
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