Industry

‘Infosys can be 10 times as large’

Ravi Venkatesan  

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Infosys co-chairman Ravi Venkatesan on Sunday said that the company could be 10 times as large as it is today if it could execute well to harness advances in digital and machine learning. “There is a huge opportunity to use advances in digital and machine learning — and all these areas. Infosys should be 10 times as large as we are if only we can execute well,” he said.

The opportunities ahead for the IT industry and Infosys, in particular, are phenomenal, Mr.Venkatesan told PTI.

“You know what Bill Gates had said? Anybody who says best days are over, he or she is crazy, because the best days are yet to come,” he added.

 

‘Tapping Europe’

Infosys is hiring more locals and investing heavily in Europe as it looks to tap into “greenfield” opportunities in its second largest market.

The company is yet to see any impact of Brexit on tech spends and is witnessing a broad—based growth across sectors in Europe, a market that accounts for over 22% of its revenues.

“We are continuing to invest fairly heavily in Europe in terms of local hiring, in terms of beefing up our hunting and our farming teams for our accounts,” Infosys president and head (financial services) Mohit Joshi said on an investor call.

Printable version | Jul 31, 2017 12:26:01 AM | http://www.thehindu.com/business/Industry/infosys-can-be-10-times-as-large/article19391272.ece