InformationWeek - - Perspective -

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.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.