It's been interesting to see the reaction to Chidamdaram's (Indian Finance Minster) comment "IBM is legacy, Infosys is the future,". Beyond the sheer immodesty of comparing a $90 billion American/Computing icon to an $2 billion Indian firm, the reactions have generally been dismissive ranging from denial, shock, angry, patronizing.
IBM has transformed itself before; it could and most probably will transform itself again. Clearly IBM has woken up to Indian skills and it is re-organizing itself coupled with $6 billion investment over next 3 years , and few would dare to bet against IBM. Yet till it successfully achieves this gut wrenching transplantation/transformation, I guess it is fair to call IBM legacy.
Stephanie Moore of Forrester Research in her latest report points to some reasons why Chidamdaram might be right.