The IT revolution in India started with a need met by offshoring. The expensive human resources were replaced with cheaper human beings in another country.
With advent of new technology, the low end offshoring is finding their cake being eaten by an invisible opponent. This is visible in the lower revenues being forecasted by major Indian SIs. Somehow, the amount of outsourcing that the firms were doing earlier is not continuing. Intelligent Process Automation may be to be blamed. Continue reading