Charting out a new direction and road for the growth of Infosys, CEO and Managing Director Vishal Sikka, on Friday, said there was a need for design thinking with thrust on all pervasive digital transformation that could reshape the software industry. “We see that the world around us is driven by software and software-driven technologies in a fundamental and profound manner… that transformation is affecting every industry and business... and there is a great opportunity for every company to transform,” he said after releasing the first quarterly results here..
Stressing the need and importance of culture in transformation, Mr. Sikka said, “No company can transform itself unless its workforce and culture move into the next generation. To re-skill this workforce and get them to think differently and understand, the new business realities and models you need to learn.”
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“We believe that we are also going to need the renewal of our processes, of the way we operate, our internal system and processes, the way we engage with our employees and customers. We are also increasing our focus on education, learning and the way we focus on our employees,” he added.
To a query Mr. Sikka said “I think it is wrong to think of the new strategy in the context of any of the work that we did in the past. There is nothing radically different that I am proposing. I prefer not to look back on what Infosys 3.0 was or was not. What we have set out is ideas that are relevant to the clients.”
Terming Infosys as a next generation company with tremendous potential, he said, “We aspire to become the best of an excellent service company. I believe we will get back to that level. We will be focusing on consistent profitable growth. We aspire to go back to that and once again become the bellwether in the Indian IT industry.”
The company CEO also said M&A did not play a major role in transformation. However, it was key for growth.
According to the company, it will partner or acquire start-ups in any part of the world.
“The work with regards to the start-ups has three different dimensions to it. Firstly, we, at Infosys, can be a great accelerator to the roadmap for start-ups. We can be a great enabler to get them to their roadmap faster. We work with several start-ups in this dimension already. Second dimension is to bring the start-ups to our clients. So joint go to market is something we can do, and we are already doing,” he said.
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