Infosys Core Banking Solutions does not Stand a Chance in World Competition

Infosys is in for a great lesson as it tries to dump in core banking solutions custom built for India on international banking sectors. Infosys, which is dominating the banking software space in India, is bullish on growth in the domestic and global markets in its bid to emerge as a top provider of core banking solutions to banks worldwide.

According to experts, the company filled with inexperience top management are doomed for failure as it tries to sell pre-built software. It is easy to sell "bodies" but it is something else to try and sell pre-built real software.

What the Indian companies have done till this date is to provide cheap India programmers who can sit and code based on specifications from software engineers in America and Europe.

Most of these so called Indian Engineers have degree in Engineering fields other than Computer Science and is driven into software code writing with money and glamour. Mostly they are world's worst software developer. Little they care about documentation and software life cycle.

American companies see excellent software engineers in US educated in America with Masters degrees in Computer Science. Their naïve thinking makes them feel they can get the same in India for pennies on the dollar. They go to India and subcontract code development to reduce cost and increase productivity at the cost of quality.

Infosys's growth came from that. Now that it ventures into real software area instead of supplying so called unqualified cheap 'cyber-coolies', its real capabilities will come out. Now it will face world class software talents. According to international think tanks, Infosys stands no chance.

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