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Exploring Vizag’s Booming IT Sector: Key Companies and Career Pathways
Vizag, or Visakhapatnam, is quickly emerging as one of India’s leading IT hubs. Once known primarily for its scenic beaches and historical landmarks, the city is now gaining recognition for its rapidly growing tech industry. Factors such as supportive government policies, state-of-the-art infrastructure, and an increasing demand for technology solutions are helping IT companies in Vizag carve out a niche in India’s IT landscape. As an attractive destination for IT professionals, exploring Vizag’s booming IT sector reveals a city ripe with opportunity for those looking to advance their careers in technology.
Overview of Vizag’s IT Industry Growth
Vizag’s rise in the IT sector is no accident. The Andhra Pradesh government has been instrumental in making the city an appealing destination for tech firms. Initiatives such as the establishment of Fintech Valley Vizag have provided an ecosystem for startups, investors, and tech giants to collaborate and thrive. With incentives like tax breaks, state-sponsored tech parks, and skill development programs, the government is actively encouraging IT sector growth.
The city’s strategic location along the eastern coast with excellent connectivity to major cities like Hyderabad, Bangalore, and Chennai further adds to its appeal. Additionally, Vizag’s robust infrastructure—including tech parks, business centers, and reliable digital connectivity—has helped attract multinational companies and startups eager to leverage these advantages for growth and innovation.
Key IT Companies Leading the Charge in Vizag
Several prominent IT companies have set up operations in Vizag, contributing significantly to its booming tech ecosystem. Here’s a look at some of the top players:
Tech Mahindra
Overview: A global IT giant, Tech Mahindra focuses on digital transformation and business re-engineering services. Its presence in Vizag underscores the city’s potential as a tech powerhouse.
Current Projects: The Vizag center is involved in AI-driven services, big data solutions, and digital infrastructure projects.
Job Roles: Opportunities include positions in software development, data analytics, AI research, and project management. Tech Mahindra’s investments in Vizag help nurture local talent and drive innovation in the city’s IT ecosystem.
Wipro
Overview: Another major player in Vizag’s IT landscape, Wipro is known for providing consulting and business process services.
Current Projects: The company is working on cloud computing, data security, and digital transformation initiatives.
Job Roles: Wipro frequently hires for roles in cybersecurity, data science, software engineering, and client support, contributing to Vizag’s skilled workforce.
IBM
Overview: IBM’s Vizag branch focuses on delivering innovative solutions in AI, cloud technology, and blockchain.
Current Projects: Projects include cloud platform development, cybersecurity solutions, and digital payment systems.
Job Roles: Job seekers can find roles in cloud computing, blockchain, IT consulting, and software engineering. IBM’s contributions have significantly boosted Vizag’s reputation as a tech hub.
Cyient
Overview: Cyient specializes in engineering, manufacturing, and data services, with a focus on industries like aerospace and energy.
Current Projects: The company’s Vizag facility is engaged in smart city solutions and engineering services for the defense and healthcare sectors.
Job Roles: Openings include roles in software development, system engineering, and data analytics. Cyient’s commitment to innovation has helped shape Vizag’s tech ecosystem.
Conduent
Overview: Known for its focus on digital interactions and business process solutions, Conduent has established a strong foothold in Vizag.
Current Projects: Conduent’s Vizag team is engaged in health and human services, public safety, and transportation solutions.
Job Roles: Frequently hired roles include technical support, data management, and project coordination. Conduent provides opportunities for growth while supporting Vizag’s tech environment.
These key companies play an essential role in Exploring Vizag’s Booming IT Sector, creating jobs and advancing Vizag’s status as a prime destination for tech talent.
Emerging Career Pathways in Vizag’s IT Sector
The rapid growth of the IT industry in Vizag has led to the creation of diverse career pathways, making it an attractive place for professionals in various tech fields. Here are some of the high-demand pathways for IT professionals:
Software Development: As the core of IT, software development is a highly sought-after skill in Vizag. From web and mobile applications to enterprise solutions, software development roles are vital to supporting the projects handled by Vizag’s top companies.
Data Science and Analytics: Companies are increasingly leveraging data-driven insights for decision-making, creating a strong demand for data scientists and analysts. Professionals in this field are expected to have expertise in data tools like Python, R, and SQL, as well as machine learning skills.
Cybersecurity: As companies expand their digital presence, cybersecurity professionals are crucial for protecting sensitive data. Certifications like CISSP and CEH are valuable for cybersecurity roles in Vizag.
Cloud Computing: With the increasing shift to cloud-based solutions, skills in cloud platforms such as AWS, Azure, and Google Cloud are in high demand.
Artificial Intelligence and Machine Learning: AI and ML are at the forefront of tech innovation, with roles focusing on automation, natural language processing, and predictive analytics. Professionals with experience in AI frameworks and deep learning can find exciting opportunities in Vizag’s growing tech landscape.
These career pathways represent the dynamic opportunities available to IT professionals exploring Vizag’s booming IT sector. Each field offers unique opportunities for growth, with varying skill requirements depending on the job role and level of experience.
Skills and Qualifications That Boost Career Prospects
To stand out in Vizag’s competitive IT job market, certain skills and certifications can significantly enhance a candidate’s profile:
Programming Skills: Proficiency in languages such as Python, Java, and C++ is essential for many IT roles.
Data Management and Analytics: Skills in data management tools, machine learning, and data visualization are highly valued.
Cloud and Cybersecurity Certifications: Credentials such as AWS Certified Solutions Architect, Microsoft Certified Azure Administrator, and CISSP are beneficial for roles in cloud computing and cybersecurity.
Project Management: Knowledge of project management methodologies (e.g., Agile, Scrum) and certifications like PMP can give candidates an edge in managerial positions.
Artificial Intelligence: Experience with AI and ML technologies, including TensorFlow and PyTorch, is advantageous for those looking to work on innovative projects.
Acquiring these skills and certifications can improve job seekers’ prospects as they explore opportunities in Vizag’s IT sector.
Why Vizag is a Promising Destination for IT Professionals
Vizag offers several lifestyle and career benefits that make it an ideal choice for IT professionals:
Work-Life Balance: Compared to other major IT hubs like Bangalore or Hyderabad, Vizag provides a relaxed lifestyle with less traffic congestion and a slower pace, allowing professionals to maintain a healthy work-life balance.
Lower Cost of Living: Vizag offers a more affordable lifestyle without compromising on amenities. Housing, transportation, and general living costs are significantly lower, allowing professionals to save more while enjoying a high standard of living.
Career Growth Potential: As Vizag’s tech ecosystem continues to expand, so do the opportunities for career advancement. Companies are looking for experienced professionals to lead projects and mentor young talent, providing long-term growth potential for those who settle in Vizag.
Quality of Life: Vizag’s scenic beauty, beaches, and pleasant climate contribute to a high quality of life, which is often hard to find in larger tech cities.
Vizag’s combination of career growth, lifestyle benefits, and financial savings make it a promising destination for IT professionals looking to build a fulfilling career.
Conclusion
Vizag’s rapid ascent as a tech hub is creating abundant opportunities for IT professionals eager to contribute to a growing industry. Exploring Vizag’s Booming IT Sector, we see that the city’s supportive government policies, strong infrastructure, and range of leading companies are creating fertile ground for innovation and job creation. From major corporations to dynamic startups, Vizag offers a variety of career pathways for professionals at all stages of their careers. For those seeking an exciting yet balanced lifestyle, Vizag presents a unique blend of work opportunities and quality of life, making it an ideal destination for tech talent looking to shape their future in a thriving and beautiful city.
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Navigating the Horizon: Network Engineering Market to Surge Past US$ 50 Billion by 2024
The network engineering service market is expected to reach US$ 50.3 billion in 2024. The market is estimated to be worth US$ 105.8 billion in 2034. According to projections, the market will exhibit a CAGR of 7.7% between 2024 and 2034.
As communication service providers (CSPs) struggle to differentiate themselves in a competitive market, the pressure to maximize revenue increases. New technological trends such as network functions virtualization (NFV) and software-defined networking (SDN) are changing the deployment and management of networks.
Global network engineering service are predicted to grow significantly over the next few years. With more people using network infrastructure, 5G technology adoption, and the demand for network optimization and security, the market value is expected to rise. With technological advancements, organizations will increasingly rely on network engineering service as their needs evolve.
Adding security to networks continues to be a focus of network engineering service as cyber threats become more prevalent. As security threats continue to evolve, it is increasingly important that engineers stay up-to-date on the latest security measures and technologies to safeguard networks.
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Network engineering service will be impacted significantly by automation and artificial intelligence. By implementing these technologies, it is possible to manage networks more efficiently, to prevent problems from occurring in the first place, and to increase productivity.
5G networks and network virtualization will shape the future landscape of network engineering service in an era of technological convergence. As the digital age evolves, organizations will have to employ skilled network engineers so that their network infrastructures can be designed, implemented, and managed to meet the ever-changing demands of the future.
Network engineering service will be impacted significantly by 5G technology. 5G networks will require engineers to upgrade infrastructures, optimize networks, implement security measures, integrate technologies, and support new applications. A significant economic impact is also expected to be generated by deploying 5G, stimulating economic growth and job creation.
Key Takeaways
Large size enterprises will continue to dominate the network engineering service market in 2024 with 67% of the total value share.
The market for network engineering service in the United States is expected to expand at a CAGR of 5.6% during the forecast period.
China’s internet penetration and digital landscape continue to grow, resulting in an 8.2% CAGR for the market.
The demand for network engineering service in Australia is expected to increase at a CAGR of 11.2% throughout the forecast period.
The enterprise segment will account for 35% of the market for network engineering service by 2024.
“Faster and more reliable 5G networks enable businesses and individuals to take advantage of new possibilities. With the expansion of businesses globally, the need for reliable and interconnected networks for communications and data transfers is increasing,”opines Sudip Saha, managing director at Future Market Insights (FMI) analyst.
Market Competition
Players have adopted different strategies to increase their market share for network engineering service. Industry players use several strategies, including acquisitions, joint ventures, and product launches.
Top 10 Key Players in the Network Engineering Service Market
SINCERA TECHNOLOGIES
Juniper Networks Inc.
Datavision Inc.
Cyient
HCL Technologies Limited
Accenture
Infosys Limited
Advance Digital Systems Inc.
Movate
Hughes Systique Corporation.
Key Developments
In April 2023, Infosys, a leading digital service and consulting provider, became a Leader in the Everest Group’s 5G Engineering Service PEAK Matrix® Assessment 2023. In addition to marquee projects, Infosys has consistently focused on developing use cases.
In November 2023, the Navy unveiled a $173M network engineering contract solicitation. Through this contract, the Navy is replacing and consolidating its existing afloat networks into a common computing environment as part of its broader Consolidated Afloat Networks and Enterprise Service program.
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More Valuable Insights Available
Future Market Insights offers an unbiased global market analysis, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand opportunities in the network engineering service market, the market is segmented based on By Service Type (Professional Service, (Design & Planning, Implementation, Integration, Network Optimization), Managed Service), By Connection Type (Wired, Wireless), By Organization Size (Large Size Enterprises, Small and Medium Sized Enterprises (SMEs)), By End-use (Communication Service Providers (CSPs), Enterprises (Government & Public Sector, Healthcare, Retail & E-commerce, BFSI, Manufacturing, Automotive, Others)), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East, and Africa).
Network Engineering Service Market Segmentation
By Service Type:
Professional Service
Design & Planning
Implementation
Integration
Network Optimization
Managed Service
By Connection Type:
Wired
Wireless
By Organization Size:
Large Size Enterprises
Small and Medium Sized Enterprises (SMEs)
By End Use:
Communication Service Providers (CSPs)
Enterprises
Government & Public Sector
Healthcare
Retail & E-Commerce
BFSI
Manufacturing
Automotive
Others
By Region:
North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa
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The Best IT Jobs After Graduation for Freshers in Hyderabad
With renowned firms like TCS, Infosys, and Tech Mahindra and global heavyweights like Microsoft, Google, and Amazon establishing a presence, Hyderabad has cemented its reputation as India’s foremost IT hub.
This translates into many opportunities for ambitious graduates passionate about technology to kickstart their careers. This article explores the most promising IT internship jobs for freshers.
These run the gamut from software engineering and development to technical support, consulting, and project management.
Let’s examine key responsibilities, must-have skills, average salaries, and top employers for each role. With hard work and the right strategies, freshers can secure these coveted jobs despite stiff competition and establish rewarding tech careers in Hyderabad.
1. Software Engineer
Software Engineers design, develop, test, and maintain software applications and systems.
Average Salary : ₹3.6 lakhs per annum
Top Employers: TCS, Infosys, Tech Mahindra, Wipro, Cyient, Mindtree.
Responsibilities:
Analyze software requirements and design architecture
Write, debug, and integrate code in Java, Python, etc.
Test software extensively for issues and refine regularly
Document development processes and applications
Troubleshoot issues and provide ongoing maintenance
Must-Have Skills:
Strong programming fundamentals and analytical aptitude
Knowledge of SDLC methodologies
Fast learner and problem solver
Eye for detail and quality
Teamwork and collaboration abilities
2. Technical Support Engineer
Technical Support Engineers provide assistance to users facing issues with software and hardware.
Average Salary: ₹2.5 lakhs per annum
Top Employers: Tech Mahindra, Wipro, HCL, Dell, IBM
Responsibilities:
Diagnose and resolve technical issues via phone, email, chat, etc
Walk users through solutions by providing step-by-step instructions
Log and track issues using ticketing systems for documentation
Research problems and identify permanent fixes
Escalate complex issues to specialized teams
Develop troubleshooting guides and resources
Must-Have Skills:
Excellent diagnostic, communication, and interpersonal abilities
Technical bent of mind with strong learning capability
Patience and customer-centric approach
Analytical thinking and problem-solving
Ability to work under pressure
3. IT Consultant
IT Consultants work with clients to evaluate their technology needs and help devise solutions.
Average Salary: ₹5 lakhs per annum
Top Employers: Deloitte, EY, IBM, Accenture, Virtusa, Tech Mahindra
Responsibilities:
Gather requirements, study processes, and identify areas for improvement
Perform feasibility studies and cost-benefit analysis on IT solutions
Design optimized technology architectures and infrastructure ecosystems
Develop roadmaps, implementation plans, and security protocols
Coordinate execution and provide ongoing optimization support
Prepare reports, presentations, and documentation
Must-Have Skills:
Well-rounded technical capabilities
Strong analytical approach and business acumen
Excellent communication and relationship management
Project planning and management skills
Adaptable to the dynamic environment
4. Business Analyst
Business Analysts act as a liaison between IT and business teams to help build solutions.
Average Salary: ₹4.5 lakhs per annum
Top Employers: Virtusa, Tech Mahindra, Wipro, Cognizant, Accenture
Responsibilities:
Elicit and document business and technical requirements
Oversee systems analysis, development, and testing
Create process diagrams, data models, use cases, etc.
Identify technology limitations and enhancements
Conduct user acceptance testing of solutions
Develop policies, manuals, and reports related to solutions
Must-Have Skills:
Strong analytical and interpersonal skills
Excellent written and verbal communication abilities
Sharp attention to detail
Organized and process-oriented
Knowledge of software development and testing
5. Project Manager
Project Managers plan, execute, and oversee technology initiatives meeting timelines and requirements.
Average Salary: ₹5 lakhs per annum
Top Employers: Virtusa, Tech Mahindra, TCS, Wipro, Accenture
Responsibilities:
Collaborate with stakeholders to define project scope and charter
Create detailed project plans, timelines, and documentation
Assemble project teams and clearly delegate responsibilities
Oversee and monitor project progress end-to-end
Manage budgets, staffing needs, and resource allocation
Identify and mitigate risks and delays
Must-Have Skills:
Leadership, team building, and conflict resolution
Strong organizational and multitasking abilities
Excellent communication and relationship-building
Analytical thinking and decision-making
A keen eye for detail and process orientation
6. Data Analyst
Data analysts collect, process, and perform statistical analysis on data to drive insights.
Average Salary: ₹5 lakhs per annum
Top Employers: JPMorgan Chase, Wells Fargo, Deloitte, Genpact, Tech Mahindra
Responsibilities:
Identify data sources, gather and clean data
Perform analysis using statistical techniques and tools
Interpret trends, patterns, and relationships in data sets
Generate reports, visualizations, and presentations to summarize findings
Make recommendations for process improvements, new initiatives, etc. based on conclusions
Maintain databases, data systems, and documentation
Must-Have Skills:
Statistical skills and programming abilities (Python, R, etc.)
SQL and database management
Analytical approach with business acumen
Communication skills to translate analysis into action
Attention to detail and process orientation
7. Web Developer
Web developers design, build, and maintain websites and web applications.
Average Salary: ₹3.6 lakhs per annum
Top Employers: Amazon, Flipkart, Tech Mahindra, Mindtree, Cyient
Responsibilities:
Gather business requirements and develop responsive sites/apps
Debug issues and conduct functionality testing
Build integrations, APIs, and features for optimal performance
Research emerging tools, technologies, and approaches
Ensure compliance with standards and guidelines
Must-Have Skills:
Strong programming skills across web languages/frameworks
Understanding of UI, cross-browser compatibility, etc.
Collaborative approach and communication skills
Creative problem-solving abilities
Eye for aesthetics and user experience
8. Application Developer
Application developers design, build, test, and implement business applications and systems.
Average Salary: ₹3.6 lakhs per annum
Top Employers: Infosys, TCS, Tech Mahindra, Cognizant, Wipro
Responsibilities:
Work with stakeholders to gather and document requirements
Translate requirements into efficient technical designs
Code applications using languages like Java, .NET, etc.
Perform extensive testing, debug issues, and refine regularly
Deploy applications and conduct user acceptance testing
Provide production support and application enhancements
Must-Have Skills:
Strong programming skills and computer science fundamentals
Knowledge of operating systems, databases, and tools
Understanding of SDLC and architecture patterns
Eye for quality and unit testing abilities
Analytical thinking and problem-solving
9. Software Tester
Software testers analyze and evaluate software to ensure quality, reliability, and performance.
Average Salary: ₹3.25 lakhs per annum
Top Employers: TCS, Infosys, Tech Mahindra, Wipro, Virtusa, Accenture
Responsibilities:
Review requirements, specifications, and technical design docs
Develop test scenarios, test cases, and scripts
Set up test environments and debug issues
Execute test cases, analyze results, and log defects
Regression test fixes and new versions thoroughly
Track key test metrics like defects slippage rate
Suggest enhancements in software design, coding, etc. to remove bottlenecks
Must-Have Skills:
Strong analytical bent of mind
Expertise in testing methodologies, tools, and frameworks
Keen attention to detail and process orientation
Strong communication and team collaboration
Resourcefulness in generating test scenarios
10. Technical Writer
Technical writers create documentation for products, services, or processes to communicate complex information effectively.
Average Salary: ₹3.5 lakhs per annum
Top Employers: Tech Mahindra, Infosys, Wipro, VMware, Salesforce
Responsibilities:
Produce installation guides, user manuals, FAQs, and release notes
Develop online help systems, getting started guides, etc.
Collaborate with SMEs and engineering teams to understand products
Simplify complex technical information into easy instructions and visual aids
Ensure documentation is accurate, up-to-date and meets guidelines
Research and make recommendations to improve documentation usability
Must-Have Skills:
Excellent written communication and research skills
Strong technical aptitude and fast learning ability
Great interpersonal and collaboration skills
Impeccable attention to detail
Organizational and analytical thinking skills
Conclusion
So, these are some entry-level jobs in the IT sector. The city provides one of the most dynamic ecosystems for fresh IT grads to dive into exciting careers spanning development, support, consulting, and more.
Diligent preparation and persistent applications to roles matching your capabilities will help you seize rewarding opportunities. Invest in sharpening your technical and soft skills.
You may also choose reliable platforms like GradSiren to find IT internship jobs. They also provide entry-level jobs for freshers. Furthermore, you can sort jobs as per your qualifications.
Grab this chance to work with cutting-edge technologies and establish strong foundations; the possibilities remain limitless regardless of where you start.
#entryleveljobs#itjobs#softwarejobs#it job opportunities#software developers#jobseekers#freshers#fresherjobs#graduation#gradstudents
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Cyient careers, Cyient Hyderabad Walkins
Cyient careers, Cyient Hyderabad Walkins
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Cyient hiring Trainee Engineer | Jobformore
Cyient hiring Trainee Engineer | Jobformore
Cyient looking for Trainee Engineer – Information Security Company: Cyient Location: Hyderabad Experience Needed: Freshers Job DescriptionUnderstanding on Information Technology (IT), Information Security (IS) Information Security Risk aligned with ISO/IEC- 27001:2013 and ISO 31000 Standard requirements.Ability in articulating information security risks concept to the business and IT as per…
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Chunk of revenues still comes from IT's legacy products: Experts
New Post has been published on https://apzweb.com/chunk-of-revenues-still-comes-from-its-legacy-products-experts/
Chunk of revenues still comes from IT's legacy products: Experts
Mumbai: CP Gurnani of Tech Mahindra, Keshav Murugesh of WNS Global Services, Cyient BVR’s Mohan Reddy and Marc Carrel of Accenture discussed how their companies, and the industry in general, were handling legacy businesses when the focus is increasingly turning towards emerging technologies in areas like cloud, blockchain, machine learning, artificial intelligence, cyber security, quantum computing and IoT.
“The old has not extinguished as fast as people have always thought. Mainframe still exists,” Tech Mahindra managing director Gurnani said. “The transformation or digital adoption is not new. What we have noticed is that if there is a job replacement, it is substituted by a better job. If there is a process change, it has only created a better demand.”
His company reported a 10.6-percentage-point increase in digital revenue in the quarter through December from three months earlier, accounting for 41% of overall revenue.
Cyient chairman Reddy said clients of the engineering and technology solutions company were continuing to improve upon their legacy software and hardware infrastructures rather than replacing those entirely with new, digital products. “It’s not like they are dumping off old design work and asking us to make new products … The legacy continues. There are a few areas where the new technologies are disrupting the old. Otherwise they are augmenting it and they will work with each other,” he said.
Aerospace and defence contributes close to a third of Cyient’s revenue.
Reddy said clients in the sector were looking at rewiring existing aeroplane engine architecture, which costs about $3 billion to build, with new digital technologies. Engines typically have a life space of 40 years, he said.
“They are at this point making sure to incorporate new digital technologies to get new applications. A good example could be engine health monitoring systems — sensors are placed to provide the ability to crunch data to understand the behaviour of the engine during a flight.”
Marc Carrel – Billiard, Global Senior Managing Director of Accenture was in agreement that key industry sectors still deploy legacy technologies to carry out core business functions. Referring to banks and financial institutions he said, “Up to 90% of financial transactions and IMSes (Information Management System) and the like are still done on mainframe.”
Murugesh, the group CEO of NYSE-listed WNS Global Services, said within the business process management industry, consultants were looking to help large, old companies streamline legacy infrastructure and build talent and platforms based on new technologies for new, digitally native consumers.
“Our impression is by 2025, there will be no difference between digital and non-digital. When we look at our business and interact with clients, our practical advice is how are you focussing on continuing legacy and building for the future,” said Murugesh, who is also the chairman of Nasscom.
The company has been winning deals in the insurance sector to help traditional insurers with a large number of clients compete with new-age, cloud-native insurance startups, he added.
“If you look at a typically conventional business, insurance, it has grown through M&As with clunky platforms. There are new models now. We tell them (traditional insurers) that … while these companies (new-age insurance companies) may have a two- or three-year leap ahead of you, the ability for you to introduce this (new technology) is high.”
Referring to reskilling of project managers and other mid-management professionals in the Indian IT industry who have built competencies in legacy technologies over the last 20-30 years, Murugesh said: “We should not worry about people becoming dinosaurs overnight. We have to keep educating them. There will be some people who will not want to do it and that will be a problem.”
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Are you an expert in structural calculations? Meet our team in Hyderabad to secure a job as a senior structural designer! #structures #design #calculations
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Chunk of revenues still comes from IT's legacy products: Experts
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Chunk of revenues still comes from IT's legacy products: Experts
Mumbai: Legacy technology-based services and products will continue to constitute a meaningful part of revenue for IT service providers even as the share of digital business is growing at a faster pace – this was the general view at an ET roundtable organised at the Nasccom summit on Friday.
CP Gurnani of Tech Mahindra, Keshav Murugesh of WNS Global Services and Cyient BVR’s Mohan Reddy discussed how their companies, and the industry in general, were handling legacy businesses when the focus is increasingly turning towards emerging technologies in areas like cloud, blockchain, machine learning, artificial intelligence, cyber security, quantum computing and IoT.
“The old has not extinguished as fast as people have always thought. Mainframe still exists,” Tech Mahindra managing director Gurnani said.
“The transformation or digital adoption is not new. What we have noticed is that if there is a job replacement, it is substituted by a better job. If there is a process change, it has only created a better demand.” His company reported a 10.6-percentage-point increase in digital revenue in the quarter through December from three months earlier, accounting for 41% of overall revenue.
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Cyient chairman Reddy said clients of the engineering and technology solutions company were continuing to improve upon their legacy software and hardware infrastructures rather than replacing those entirely with new, digital products.
“It’s not like they are dumping off old design work and asking us to make new products… The legacy continues. There are a few areas where the new technologies are disrupting the old. Otherwise they are augmenting it and they will work with each other,” he said.
Aerospace and defence contributes close to a third of Cyient’s revenue.
Reddy said clients in the sector were looking at rewiring existing aeroplane engine architecture, which costs about $3 billion to build, with new digital technologies. Engines typically have a life space of 40 years, he said.
“They are at this point making sure to incorporate new digital technologies to get new applications. A good example could be engine health monitoring systems — sensors are placed to provide the ability to crunch data to understand the behaviour of the engine during a flight.”
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