To counter IT slowdown, software for masses is Vishal Sikka’s remedy for Infosys

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From: economictimes.indiatimes.com By Jochelle Mendonca
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IT is slowly moving towards automation. All the Indian It Companies have to move towards this otherwise, there will be a huge issue for the Services companies, which has so far been the bread and butter for all the IT organizations out here in India.

“We are in early stages, but ultimately we have to go to tens of thousands of clients. We are one year away from formulating a strategy on this, but this is the long-term goal,” Sikka said.

BENGALURU: Infosys is considering building a software to help the firm target tens of thousands of potential clients, as CEO Vishal Sikka looks at breaking the downward spiral of prices in its core services business and reach the company's ambitious target of $20 billion in revenue by 2020.

Currently, Infosys has about 1,000 customers, but a lion's share of revenue comes from just 250 of them. Even though IT companies have increasingly started building platforms and products, they mostly target bagging more business from existing customers. Sikka wants to change that by building mass-us

 

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