Question

What is the significance of understanding environment in shaping the future of Business?

Answer 1

There are two or three drivers. Number one is we had invested early in digital and the banks especially BFSI sector is making a lot of strides in digital. So that is working out well for us and we are seeing deals in that. The second thing is: historically if you would have looked at Wipro, our BFSI was not as large in the proportion of revenue as some of the other players; so we did not have a lot of legacy business. In this transformation what is happening is: the legacy will decline and the digital will grow. So if you are not having the problem of declining and you are getting net growth, it will always benefit. For us for example, in EU there is a lot of legacy decline and that will show headwinds.