Jun 4, 2018 - 'IT industry's hierarchy will change as skills matter over scale'

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Steve Blank From the Editor's Desk

Why Successful Startups Stumble at 40+ Employees- Steve Blank
Last week I got a call from Patrick an ex-student I hadn't heard from for 8 years. He was now the CEO of a company and wanted to talk about what he admitted was a "first world" problem. Over breakfast he got me up to date on his life since school (two non-CEO roles in startups,) but he wanted to talk about his third startup -- the one he and two co-founders had started. "We're at 70 people, and we'll do $40 million in revenue this year and should get to cash flow breakeven this quarter." It sounded like he was living the dream. I was trying to figure out why we were meeting. But then he told me all about the tough decisions, the pivots and how he had to fire his best friend he had to do to get to where he was. He had been through heck and back. "I made it this far," he said, "and my board agreed they'd bet on me to take it to scale. I'm going to double my headcount in the next 3 quarters. The problem is where's the playbook? There were plenty of books for what to do as a startup, and lots of advice of what to do if I was running a large public company, but there's nothing that describes how to deal with the issues of growing a company. I feel like I'm just driving without a roadmap. What should I be reading/doing?"

Continued here

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Removing volatile parts of biz: Wipro

In an interaction with TOI, Wipro CEO Abidali Neemuchwala, who completes three years in office in February, talks about the changes the company is effecting.



Today's TradeBriefs Cartoon

Oracle gears up to launch its first India data centre this year

Buoyed by the high demand in the Banking, Financial Services and Insurance BFSI, telecom and manufacturing sectors in India, Cloud major Oracle is set to launch its firstever data centre in India later this year, a top global executive told IANS on Monday

The talent crunch that just brought home IT's perils in Trump's America

Trump's tweaks in the H-1B visa programme have made it harder to get a work visa or have it extended.

Palo Alto Networks' Sean Duca on rising cyberthreats and the firm's plans in India

California-based cybersecurity company Palo Alto Networks, led by former top SoftBank Group executive Nikesh Arora, ended the financial year 2017-18 with revenue of $2.3 billion, a 29% year-over-year increase, the firm’s website shows.

Cybersecurity Management Consulting Services Market 2019 Analysis By Major Players | AT T, TCS, Hewlett Packard Enterprise, PwC, Vumetric, Wipro, IT Governance, RSA
Press release - Supply Demand Market Research - Cybersecurity Management Consulting Services Market 2019 Analysis By Major Players | AT&T, TCS, Hewlett Packard Enterprise, PwC, Vumetric, Wipro, IT Governance, RSA - published on openPR.com

What is Data Colonization, And Why we in India Need to Rework The Policies in Place

The crux of the matter is—data is the new economy, and we need to be careful to not fall behind. Or be negligent.

Co-working, tech firms drive office leasing in 2018 to record 47.4 mn sq ft across 9 cities: CBRE

Supply of office space rose 17 per cent to 34.9 million square ft during 2018, the consultant said in a report released Monday.

Technology developed by DRDO for defence purposes can be used to meet civilian needs: Bhamre

Speaking at a workshop on 'Fire Safety Technologies and Services Workshop' at DRDO headquarters, Bhamre said the idea of making technology useful for all state departments is being explored.

Why Infosys Wipro Are Now Hiring Local Talent In US

India has been the biggest contributor to the global IT sector. The sector has increased its contribution to India’s GDP from 1.2% in 1998 to 7.7% in 2017. All the major cities of the country, especially Bengaluru, have been the main centre of IT. Major companies in the US chose India to set up their…

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