Infosys’ growth story is unstoppable and it may become a $20 billion company by 2020

Vishal Sikka is confident about Infosys’ growth and said it will return to industry leading growth in FY17.

Sikka, during an investor conference in San Francisco, said Infosys is witnessing faster-than-ever growth in large customer accounts and is generating an average quarterly pipeline of $800-900 million from large deals.

"Our growth in large accounts is quite encouraging. We have outperformed for the first time in many years, our large account growth rate has exceeded the growth rate of the company, which is quite encouraging. Our deal wins have improved dramatically and we're approaching $800-900 million a quarter in large deals. That's more than double of what we used to do," said Sikka.

READ ALSO: Infosys’ Vishal Sikka reveals future plans, will aggressively increase automation, reduce people

Under Sikka’s leadership, Infosys is meeting quarterly expectations and in this view his tenure was also extended with a fat pay hike.
Infosys is targeting to become a $20-billion company by 2020.

"We don't believe in sacrificing margins for growth. We are on track to get to industry-leading growth in the next financial year. We want to be a global leader in the new kind of IT services," said Sikka.