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Pictures | Fri Feb 22, 2013 | 2:57am IST

Ex-Infosys executive aims to shake up IT industry billing model

Phaneesh Murthy, president and CEO of iGates, poses during the World Economic Forum (WEF) in Davos, January 26, 2013. A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms. REUTERS/Denis Balibouse

Phaneesh Murthy, president and CEO of iGates, poses during the World Economic Forum (WEF) in Davos, January 26, 2013. A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing...more

Phaneesh Murthy, president and CEO of iGates, poses during the World Economic Forum (WEF) in Davos, January 26, 2013. A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms. REUTERS/Denis Balibouse
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Employees work at the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer

Employees work at the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer

Employees work at the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer
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A view shows the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer

A view shows the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer

A view shows the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer
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An employee works at the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer

An employee works at the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer

An employee works at the Indian headquarters of iGate in Bangalore February 4, 2013. REUTERS/Stringer
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