Infosys emerges as strong performer, continues good fortune

Infosys CEO Vishal Sikka has definitely steered India’s second-largest software services exporter as it beat estimates and posted 6.6 per cent increase in Q3.

Infosys also increased its annual revenue growth forecast, riding on winning contracts involving lucrative digital technology and automation outsourcing.

The company said it added 75 new clients during the quarter and also renewed existing big contracts.

Infosys raised its sales growth view between 12.8 per cent and 13.2 per cent from the 10-12 per cent.

The impressive Q3results are also a consequence of Infosys’ participation in OpenAI, adding a new feather to Infosys’ plans to strengthen AI.

Infosys is also banking on Aikido to bring the power of design thinking to find the great problems to solve and offer solutions to all industries.
Also, changes in the top management proved beneficial for Infosys.

"We are starting to see creative confidence blossoming within Infosys - David Kelley's beautiful idea that innovation is not specific to one department but is an ability within all of us, waiting to unleash our full creative potential. We are seeing Infoscions becoming innovators, bringing innovation and client value to each individual project. This confidence can only come from a culture of learning and empowerment, and this is the kind of company we are endeavoring to create,” said Sikka.