Infy responded by cutting its head count and shifting some of its strategy to other markets outside of its core, such as business processing.

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Our technology industry component covers 11 six-digit NAICS sectors covering information industries such as software publishing, Internet publishing, data processing, and tech-related business services such as computer systems design, custom programming, engineering services, and research and development.

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The basis of competition will shift to other aspects of the business, such as customer relationships, claims processing, expense management and distribution.

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The rise in the volume, variety, and velocity of data, the arrival of many new types of analytical tools all across the business intelligence value chain, and the emergence of new forms of computer science dedicated to data processing such as Hadoop, has created a vacuum.

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