Here is how Vishal Sikka has become the man Infosys always wanted
Mar 18, 2016, 13:46 IST
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In the past one year, Infosys has bagged a better number of deals than all its rivals, including at least 10 large deals, ranging over $50 million, says data from technology research and outsourcing advisory firm ISG.
The deals that Infosys has bagged include ones from Deutsche Bank, Mercedes-Benz and the Goods and Services Tax Network (GSTN) in India. The closest competition it got was from TCS, which closed nine such deals, including contracts from China Telecom Global, Axis Bank and Al Baraka Bank.
These deals have come to Infosys in the past one year, which is in stark contrast to its performance in the previous two years, and CEO Vishal Sikka is considered to be the man behind the recent resurgence. He has said that the firm's recent track record in winning large contracts is the best in its 35-year history.
"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," Sikka said.
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