Infosys is 25 years old. They took 23 years to cross the first Billion Dollars of annual business. Infosys is the first listed Indian company with this distinction (TCS crossed its Billion Dollars but it was NOT listed in 2003). I did write a piece in Financial Express (April 16, 2004) that Infosys created history on April 13, 2004 with their crossing $ 1 Billion. Today on April 14, 2006 they have created history again.
Interestingly, Microsoft crossed its first Billion Dollars in its 15th year (Infosys did in 23rd year). Interestingly Microsoft took another 2 years to cross $ 2 Billion; Infosys did the same! Considering that $1 = Rs 44 or so and Infosys has bulk of the employees in India, this is indeed commendable performance!
Friday, April 14, 2006
Saturday, April 01, 2006
Professor Sadagopan’s Weblog › Dashboard — WordPress
Professor Sadagopan’s Weblog › Dashboard — WordPress
Ibahealth starts Indian operations
April 1st, 2006
Ibahealth, Australia’s largest healthcare IT Company started its India operations on March 30, 2006 in Bangalore. With its recent acquisition of the innovative healthcare solution company Medicom, ibahealth starts with 150+ staff on Day 1.
I view the next wave of growth for IT services in India through “domains” – automotive, telecom, banking & financial services, tourism, hospitality, industrial automation … AND healthcare. Naturally, I am excited with ibahealth setting up shop in India.
Healthcare is one industry whose health is always “pink”; when everyone is sick, healthcare will be growing; and when everyone is fit, it just becomes fitness industry!
India is accepted in the world for its IT prowess; Indian doctors are generally well-received around the world. It is time we combine IT and healthcare to kick-start the next growth engine.
I am familiar with Medicom, thanks to their innovative solution powering such hospitals such as Satya Sai Hospital in Bangalore; in a quick look at ibahealth web-site, I found healthcare-specific workflow. I always felt workflow would fly, only if it is aligned to a specific application segment. Healthcare being an inherently people-centric service – doctors, nurses, para-medical staff, drug delivery and diagnostic experts – workflow in healthcare would be a big hit; it will help us to build a patient-centric hospital as opposed to equipment-centric hospitals we built in the yester-years.
Operating in India, ibahealth should move beyond “best practice” to “next practice” - a term coined by Professor CK Prahalad of University of Michigan – with whom IIIT-B has special association. India is one country that can bring about 10-fold cost reduction – not 10% - as experiments like Jaipur Foot and Arvind Eye-care have proved. As Devi Shetty of Narayana Hrudayalaya would put it “healthcare if not affordable is not available”. We need to engage in models of dramatic cost reduction, if we are to take healthcare to ALL Indians.
Finally, as Mahatma Gandhi would often remark, providing healthcare would be satisfying – the satisfaction that we bring to a patient, often silently expressed as a thankful glance from the eye of a cured patient, not even well-articulated – is worth far more than millions of dollars!
I wish ibahealth (and “Medicom Inside”) the very best in the years to come
(Keynote Address given on March 30, 2006 at Bangalore at ibahealth India launch)
Ibahealth starts Indian operations
April 1st, 2006
Ibahealth, Australia’s largest healthcare IT Company started its India operations on March 30, 2006 in Bangalore. With its recent acquisition of the innovative healthcare solution company Medicom, ibahealth starts with 150+ staff on Day 1.
I view the next wave of growth for IT services in India through “domains” – automotive, telecom, banking & financial services, tourism, hospitality, industrial automation … AND healthcare. Naturally, I am excited with ibahealth setting up shop in India.
Healthcare is one industry whose health is always “pink”; when everyone is sick, healthcare will be growing; and when everyone is fit, it just becomes fitness industry!
India is accepted in the world for its IT prowess; Indian doctors are generally well-received around the world. It is time we combine IT and healthcare to kick-start the next growth engine.
I am familiar with Medicom, thanks to their innovative solution powering such hospitals such as Satya Sai Hospital in Bangalore; in a quick look at ibahealth web-site, I found healthcare-specific workflow. I always felt workflow would fly, only if it is aligned to a specific application segment. Healthcare being an inherently people-centric service – doctors, nurses, para-medical staff, drug delivery and diagnostic experts – workflow in healthcare would be a big hit; it will help us to build a patient-centric hospital as opposed to equipment-centric hospitals we built in the yester-years.
Operating in India, ibahealth should move beyond “best practice” to “next practice” - a term coined by Professor CK Prahalad of University of Michigan – with whom IIIT-B has special association. India is one country that can bring about 10-fold cost reduction – not 10% - as experiments like Jaipur Foot and Arvind Eye-care have proved. As Devi Shetty of Narayana Hrudayalaya would put it “healthcare if not affordable is not available”. We need to engage in models of dramatic cost reduction, if we are to take healthcare to ALL Indians.
Finally, as Mahatma Gandhi would often remark, providing healthcare would be satisfying – the satisfaction that we bring to a patient, often silently expressed as a thankful glance from the eye of a cured patient, not even well-articulated – is worth far more than millions of dollars!
I wish ibahealth (and “Medicom Inside”) the very best in the years to come
(Keynote Address given on March 30, 2006 at Bangalore at ibahealth India launch)
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