Infosys Sees Big Opportunity In Cloud And Cybersecurity

With Salil Parekh set to take charge of Infosys from January next year, the software major is betting big on cloud computing and cybersecurity to reignite growth. India’s second-largest software exporter, since its initial days, thrived on getting technology projects for Fortune clients, which involved writing or maintaining software codes for these companies.

Blockchain-Based Solutions, Key To Infosys’ Finacle Growth Plans

With its recent acquisition of UK-based design firm Brilliant Basics, Infosys has managed to bag banking deals for its Finacle product, which could give a much-needed fillip to its platforms business. Sanat Rao, Chief Business Officer and Global Head of Finacle, told BusinessLine over the telephone that the software major was able to get orders from three banks recently, including two in West Asia and one in the US.

As New Infosys CEO, Salil Parekh Has a Herculean Task In Managing Expectations Of Various Stakeholders

Salil S Parekh, the former executive of Capgemini who will take over as the new chief executive officer at Infosys, has an unenviable task at hand. From addressing the stakeholder concerns to managing investor expectations to taking the company through a big transformation, Parekh has a work which is truly herculean. Above all, his relationship with both the founders and the board will be closely watched.

5 Challenges Salil Parekh Has At Hand As New Infosys Boss

NEW DELHI: On Saturday, India’s second-largest software provider Infosys announced the appointment of Salil S Parekh as their new MD (Managing Director) and CEO (Chief Executive Officer), bringing an end to a three-month search. Parekh who joins the company from French IT services company Capgemini has been appointed a five-year term and will take office from January 2, 2018.

Getting A New CEO Was Just The First Of Infosys’s Many Problems

Infosys may have overcome a big challenge by finding a new chief executive, but that’s not even half the battle won for the country’s second-largest IT services company which has been struggling for years to regain industry-leading growth. On Dec. 02, Infosys said it has appointed 53-year-old Salil S Parekh as its CEO and managing director effective Jan. 02, 2018. An IIT-Bombay alumnus, Parekh joins Infosys from French IT services company Capgemini where he was a member of the group executive board, roughly equivalent to a deputy CEO’s post.

Nandan Nilekani To Ease Infosys’ New CEO Salil Parekh’s Transition

Infosys Chairman Nandan Nilekani will oversee a smoother transition of running the country’s second-largest software exporter once CEO-designate Salil S Parekh takes over in January, learning from the culture clash encountered during former chief executive officer Vishal Sikka’s tenure. Sikka, a former executive of SAP, led Infosys from his office in Palo Alto in the US for three years before he quit in August citing personal attacks.

Parekh Right Choice For Top Job At Infosys, Say IT Experts

Salil S Parekh’s experience in handling multi-cultural work environment combined with his strong grip on technology and sales make him the perfect choice for leading Infosys, say IT industry experts. Parekh was named as the CEO and Managing Director of Infosys and is slated to take charge at the helm of India’s second largest IT firm on January 2, 2018 for a period of five years.

Salil S. Parekh Appointed CEO and MD of Infosys

Infosys Ltd. on Saturday named Capgemini veteran Salil S. Parekh as CEO and MD, filling the vacancy created at the top following the sudden resignation of Vishal Sikka on August 18. Mr. Parekh, who holds Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University and was a member of the Group Executive Board at Capgemini, will join Infosys on January 2, 2018.

Infosys Hires Salil Parekh as CEO and MD

Ending a three-month-long search, Infosys on Saturday named Salil S Parekh, a member on the board of its global rival Capgemini, as its new chief executive officer (CEO) and managing director (MD). The previous CEO, Vishal Sikka, quit on August 18 this year. Parekh will join Infosys on January 2 next year.

New Infosys CEO Parekh Seen As A Determined Man

Salil S Parekh, the new CEO of Infosys, is described as a soft-spoken yet determined man by those who know him. And, they said, these skills will certainly come handy when he takes over the top role at India’s second largest IT company that is recovering from a year-long acrimony between the previous management and the founders, led by NR Narayana Murthy.

What The Analysts Think Of Infosys’ Chief Salil Parekh

Infosys said today that its Board of Directors has appointed Salil S Parekh as Chief Executive Officer and Managing Director (CEO & MD) of the company effective January 2, 2018. The appointment ends a nearly four-month long search for the top job at India’s second largest IT services firm.

Memo To Infosys: Stop Squabbling With Murthy And Get Back To Work ASAP

There was a time when the Infosys’s quarterly results set the tone for the $150 billion Indian IT service sector’s performance. The bellwether’s numbers influenced not just its own shares but even the benchmark IT indices on Indian bourses. But on Oct. 24when the country’s second-largest IT company posted its financial results for July-September 2017 (Q2), the spotlight wasn’t on its net profit or revenue. Instead, it was mostly on the tussle between founder NR Narayana Murthy and the newly-appointed leadership.

Narayana Murthy Clashes With Infosys Board Again In Midst Of CEO Hunt

Infosys Ltd co-founder Narayana Murthy publicly criticised the company’s board again, just as directors try to recruit a chief executive officer to replace one who resigned out of frustration with such clashes.

Infy Q2 Results: Analysts Expect Concrete Guidance, Stability

Ahead of Infosys’ second-quarter earnings announcement, analysts expect the outcome of the board meeting to reflect on long-term stability in the business along with short-term confidence-building measures like a date for share buyback and employees’ salary hike.

Google Searches For More Corporate Clients

With an aim to capture market share from Amazon and Microsoft, Google is luring corporates with its machine learning and AI technologies at attractive price points.

How The Oldest IT Company IBM Is Discovering Its India Story

A sense of excitement, of jumping into something green or greener, pervades right through IBM India offices today. The organisation is in the midst of transforming itself to focus on the Indian market. It is metamorphosing with the aim to grow the more profitable India business, even as globally IBM has reported 21 quarters of declining revenues.

Private Equity Firms See Gold In Mid-Size Indian IT Firms

Indian IT firms, especially in the mid-tier segment, have seen a rise of private equity firms placing stakes on them. While faster technology at mid-size IT services companies have attracted PE firms such as Blackstone, Carlyle, ChrysCap, Bain Capital, The Baring Asia and others to invest in the sector; PE-backed companies have seen faster growth at a time when their large listed peers slowed down due to uncertain market.

Microsoft Lesson For Indian Cos

What happened with Cyrus Mystry in Tata seems to have happened with Vishal Sikka in Infosys. The letter sent by founders to Infosys board raising governance concerns has given rise to nagging suspicion that remote controlling of a company by former promoters may be an emerging trend in Indian corporate that are restructuring and reinventing themselves to come to terms with the new business realities.

A Cure For Sikka Finally Found

Corporate tussles have rarely been as public as the one between Infosys founder and former CEO N.R. Naray­ana Murthy and MD and CEO Vishal Sikka. That wrangle, which led to the latter’s resignation, has brought to focus many issues at the company.

How Neemuchwala Broke The Jinx At Wipro

As Abidali Neemuchwala completes six quarters as the chief executive of India’s third largest IT services firm, he seems to have figured out a way to break the jinx of sluggish growth that the company has seen for years.

Key Takeaways From Infosys Saga

Allegations and counter-allegations have been flowing thick and fast since Vishal Sikka resigned as managing director and CEO of IT bellwether Infosys. Crises at Infosys opens up the Pandora box which has led head hunters analyse the key takeaways.

Episode 1: Greyhound TV Analyst Axiom – Vishal Sikka Resigns From Infosys

Catch Sanchit Vir Gogia, Chief Analyst, Greyhound along with Anshoo Nandwaani, Principal Analyst, Greyhound on our latest Greyhound TV series, Analyst Axiom, a Greyhound Studios production.

इंडि‍यन कॉरपोरेट वर्ल्‍ड में अभी नहीं है बाहरी CEO की जगह, सि‍क्‍का का ‘कि‍स्‍सा’ बनेगा मॉडल

इन्‍फोसि‍स के चीफ एक्‍जीक्‍युटि‍व और एमडी पद से वि‍शाल सि‍क्‍का के इस्‍तीफे ने एक बार फि‍र यह जता दि‍या कि‍ भारत में फाउंडर्स के अलावा बाहरी सीईओ की कोई जगह नहीं है।

Finding A Successor For Sikka Will Be No Walk In The Park

Top talent, domestic or global, will be wary of joining Infosys after all that has transpired

Infosys CEO Resigns: Revenues, Profit Up Under Vishal Sikka, So What Are The Co-Founders Complaining About?

Infosys’s former Chief Executive Officer (CEO) and Managing Director (MD) Vishal Sikka’s resignation has created more rumbles than the constant complaints and intermittent spurts of annoyance that co-founder NR Narayana Murthy has been conveying through interviews in the media.

Vishal Sikka Resignation: Can A CTO Be Groomed Into A CEO?

One of the strongest criticisms coming from some independent directors at Infosys was that Dr. Vishal Sikka was more of a CTO and less of a CEO.

Vishal Sikka’s Resignation A Rude Reminder About State Of Founder Led Firms In India

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Episode 1: Greyhound TV Dealing With Digital Conversation With Meheriar Patel

We at Greyhound believe the change to digital is first personal and then professional. Catch Meheriar Patel, CIO, Essar Retail & AGC Networks in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Knowledge Group on our latest Greyhound TV series, Dealing With Digital.

IBM Losing Its ‘Top Employer’ Mojo

IBM, once the top multinational employer of choice is at risk of falling off that pedestal.

In 3 Years, Sikka Helps Buoy Infosys Profit

When Vishal Sikka took over at Infosys he was prescient about automation taking away jobs and clients shifting investment dollars into newer digital technologies.

Future Of Work Is Not In The Four Walls Of An Office

Workplace dynamics are changing rapidly and organisations are keen to modernise their approach to both, the workplace and the workforce. We at Greyhound Knowledge Group are of the firm belief that the confluence of powerful devices, modern applications and intelligent networks have replaced the Knowledge Worker with the Connected Worker. This in turn is fuelling the Gig Economy. Per our estimates at Greyhound Knowledge Group, nearly 30% of the workforce across the globe will in some form or shape participate in the gig economy by 2020.

IT Industry Stares At Jobless Growth

IT services industry is staring at jobless growth because its top employers are focusing on automation to improve productivity and deliver services while they battle shifts in technology to remain profitable.

Tech Mahindra Sacking: IT Cos’ HR Policies Need To Change

Anand Mahindra’s tweet seeking apology for the rude sacking of an employee, though admirable, glosses over the problems faced by Tech Mahindra in particular and the IT sector in general.

Panel Discussion On Digital Transformation: Greyhound Research In Discussion With Dimension Data

Here is a quick glimpse of Sanchit Vir Gogia, Chief Analyst & CEO of Greyhound Research presenting on the topic of Digital Transformation at Dimension Data’s Shape The Next Leadership Connect Forum 2017.

Nasscom Pegs IT-BPM Exports Growth Rate At 7-8 Per Cent For FY17-18

Industry body Nasscom projected software export growth in fiscal 2017-18 at 7-8% in constant currency, down from 8.6% last year.

IT Layoffs: Do Startups Offer A Ray Of Hope To Those Retrenched? Not Really; Here’s Why

With fears of massive layoffs in the IT sector heightening, the professionals in major companies are in a mad scramble to find out avenues that would give them employment. Would startups — termed job creators — be able to take back some of the available talent in the IT sector?