SunTec describes itself as one of the few future-ready software product companies with its technology feet firmly rooted in the Indian IT landscape, but still wary of the hypothesis of ‘singularity.’

The 27-year-old Kerala-based firm has offices in Singapore, Dubai, the UK, Germany and the US.

‘Singularity’ threat The unlisted firm has a presence in financial services, digital communication services, travel, logistics and retail, and counts 95 per cent of clients from a revenue perspective to be global.

This number will be slightly higher from the perspective of its recent entry into the GST scheme of things locally, says K Nanda Kumar, founder and CEO.

Explaining his concerns about ‘singularity’, he said this is a stage where artificial intelligence would overtake human intelligence. This could ring in as a reality as early as 2035.

“We’ve been in the business for 27 years. It’s a bit scary to believe that we will be faced with singularity in about 18 years, going forward,” he said here.

Nanda Kumar aired his apprehensions during an interaction when he unveiled the design of a modern campus that SunTec plans to build in the up-and-coming Technocity campus here.

But he believes the company holds some advantage here, compared with software services companies that are abound in India.

“Fortunately, we’re not into services but are a software product organisation. We create our own IP, and we sell into the marketplace. Unlike many of our peers, we’re not looking at people asking us to do specific jobs. We create that and then go to the market, and are proud that we’re one of the few product companies from India,” Nanda Kumar said.

What SunTec initiated as a strategy will, going forward, become the strategy of the Indian IT industry, he said.

“We must know that many of the work done by humans are going to be automated. Everybody must therefore find a space to call his in the industry. We believe we already have found ours, and the right business model. We expect our next phase of growth to be very exciting and significant. And we need to create enough capacity for that. This (the new campus) will suit our needs.”

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