N RAVISHANKER, CIO, Tata Sky
The fall in rupee has a big impact as the cost of hardware and application software will be affected. We are cautious about our IT decisions as waiting for the correction or waiting for the rupee to settle down may take several quarters or may never happen.
For fellow CIOs, I would always advise them to reserve 10 percent of the project cost to manage contingency. Secondly, we tend to buy/source for the next 3 to 5 years and commit the cost when we conclude deals. We can look at staggered buying or augmenting on an yearly basis to defer the expenses.