@sujay85
It’s always the case with a nascent sector and with an initial small pie. The bigger companies will come in and eat away market share when the pie does get bigger. I track(and own) a company called Muthoot capital too and their aim is digitization. While studying small nbfcs and banks to understand Muthoot capitals prospects better What Id learnt is many of them feel that one of their strengths is they can digitize anew and adopt efficient methods (which would need testing, consultation etc before being rolled out) while the bigger fish are stuck with their current digitzation processes and changing them would take some time(look at the aging digital system of hdfc bank vs idfc first for example). This exerpt from the Nelson hall report explains how expleo are currently ahead of the curve regards this:
Dominique Raviart, IT Services Research Director at NelsonHall, stated, “Expleo has invested ahead of time in AI, and has created several AI use cases backed by proprietary tools and COTS. It has also developed analytics for conducting better testing and automating test creation.”
McConnell continued, “It is vital that although technology is advancing at an unprecedented rate, organisations must embrace it with care, ensuring it compliments best practices processes already in place. We should make sure we are not putting the cart before the horse, AI/ML needs to be leveraged in combination with a well-structured eco-systems of teams, processes and ways of working.”
There will come a time when the bigger companies will come in and eat market share but expleo could have a few quarters/years advantage ahead of them. Whether it pans out is another thing but currently failure looks priced in. The prospects do excite me at cmp