I recently joined a company where my main task is to modernise a business critical application built and supported by Wipro over ten years ago. Everything is still on .Net 3.0 (first released in 2007), and despite hundreds of pages of documentation the developers seem to have little understanding of what the application actually does for the business.
The impression I have is that their business model is geared towards building one thing, learning one technology, and then exploiting it for as long as possible with minimal evolution. This is fine if you don't need the software to evolve, but most business applications do need to evolve even if slower than at a start-up or FAANG.
At least where I work there has been the recent realisation that outsourcing all your technology means you will struggle to iterate and improve that technology.
The impression I have is that their business model is geared towards building one thing, learning one technology, and then exploiting it for as long as possible with minimal evolution. This is fine if you don't need the software to evolve, but most business applications do need to evolve even if slower than at a start-up or FAANG.
At least where I work there has been the recent realisation that outsourcing all your technology means you will struggle to iterate and improve that technology.