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Hoping for a "business-friendly administration", Infosys chief Vishal Sikka says Trump himself is an entrepreneur and a business leader and therefore, he "expects that this will be the case where business and innovation friendly regime." Greyhound Research Chief Analyst and…
The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals. The US…
Read More New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit
“2017 is going to be a volatile year for the Indian IT industry,” says Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research. “The pace of technological changes is very high and it will lead to substantial job cuts. The…
Read More Outlook 2017: Tech Industry Faces A Volatile Year Ahead
On December 31, 2016, Infosys announced a sudden exit of its General Counsel and Chief Compliance Officer, David Kennedy. While no reasons have been cited by the company, per the terms of exit, Kennedy will receive aggregate severance payments of…
IT major Infosys’ Rs. 5.9 crore ($868,250) severance pay offer to outgoing General Counsel David D Kennedy is a move to play safe with Donald Trump administration in the US, say experts. "There is some kind of an abruptness in…
Read More Infosys’ Rs 5.9 Cr Severance Pay To Kennedy Bid To Play Safe With Trump
Infosys chief executive Vishal Sikka says he would look at building the company’s artificial intelligence (AI) offerings as a standalone business, independent of the traditional services, to help build next generation applications for its customers. “It makes sense to have…
Read More Infosys Steps Up Push For AI Business, Says Vishal Sikka
While it may not be one of those typical posh offices in Manhattan’s Park Avenue, the office of Wyde.com is nonetheless upscale for a small technology business. At building No. 460, Rajesh Makhija, CEO of the $50-million software product SMB,…
Read More Wyde Pitches For The Trillion-Dollar Insurance Market
Bangalore-based Infosys on Friday announced that it has invested Rs 14.5 crore (DKK 14,920,000) in a Danish-based artificial intelligence start-up UNSILO. The investment is done through Infosys innovation fund. “Directionally this is a brilliant investment given the fact a lot…
Read More Infosys Invests Rs 14.5 Crore In Danish Artificial Intelligence Start-up
When Vishal Sikka took over as the first non-founder CEO of Infosys, amongst the half-a-dozen initiatives he undertook there was one that went unnoticed. Employee identification cards were tweaked and a new technology-enabled facility was incorporated into the ‘dog tag’…
Read More Demonetisation: How Infoscions Are Coping With Change
The bitter boardroom battle at Tata Sons is unlikely to impact operations of the USD 100-billion conglomerate's crown jewel TCS, but if its chief N Chandrasekaran is elevated to the top at the group level, it could be a blip…
Read More Tata-Mistry Spat Unlikely To Hit TCS Operations: Analysts
The exit of Sanjay Purohit, the seventh key executive to quit Infosys, shows the challenges its first non-founder chief executive Vishal Sikka is facing. Sikka, a former board member at business software company SAP AG, has been trying to push…
Read More Infy Exits Show Challenge For Sikka In Biz Makeover
The Royal Bank of Scotland’s decision to shelve its IT deal with Infosys may have hit the Indian company’s stocks on Tuesday but the development could have a ripple effect on many such projects for the IT sector and result…
HCL Technologies, India's fourth largest software services company, expects digital, cloud, analytics, automation and internet of things (IoT) to grow faster than the traditional business segments, accounting for up to 20 per cent of revenues in next three to four…
Read More HCL Technologies Eyes 20% Revenue From Digital Play By 2020
About two years ago, Ganesh Ayyar, CEO of Mphasis Ltd, began interacting with his younger, digitally-native employees to understand the moorings of a new generation. In his interactions he noticed deep underlying currents that could completely change the way these…
Read More “The World Better Be Ready For Automation”: Ganesh Ayyar Of Mphasis
The vision plans laid out by Infosys and Wipro, which involves doubling their revenue in five years, face several challenges — from employees having to think differently, to achieving scale in new business areas. Sometime in early 2008, TCS laid out…
When Nirmal Jain, an IBM employee, was about to be sent to Jordan on his first onsite posting, his family had serious concerns about security. However, for Jain, now 24, it was a blessing in disguise. IBM paid him a…
Infosys manged to beat street expectations on Monday (12 October) but CFO, Rajiv Bansal, quit after a three year stint. He was brought in by Narayana Murthy, the Chairman Emeritus of Infosys, to revive an ailing company. But since then…
Read More Despite Beating Expectations, Infosys Falters As CFO Quits
The country’s second largest IT services exporter, Infosys, is set to hire up to 1,000 engineers in FY16 as it ramps up its product business, which is targeted to exceed $1 billion in revenue by 2020. This is part of…
Read More Infosys to add 1000 engineers to Software products team in FY16
On 20 august — which happened to be Infosys founder N.R. Narayana Murthy’s 69th birthday — the company CEO and managing director Vishal Sikka announced a new set of services, ‘Aikido’. Named after Japanese martial art that is about defeating…
There is a change brewing in Infosys. Under Vishal Sikka's direction there are a few things that are already presenting themselves as fresh and innovative. But can Infosys become the pioneer of automation without losing its tag as a great…
While the vision laid out by CEO Vishal Sikka for Infosys has been applauded, analysts are not convinced whether the company can achieve the set targets as it’s still in a transition phase given the changing dynamics in outsourcing. Some…
Infosys on Friday announced the acquisition of Kallidus Inc, a US-based e-commerce tech solutions firm, in an all-cash, $120-million deal. The IT major also announced a minority stake buy in another US startup, Airviz, for $2 million. This is the second…
Read More With $120 Mn Kallidus Inc Buy, Infosys Invokes The ‘Cloud Messenger’
From the results of two big IT service providers, namely HCL Technologies and Infosys, it is clear that Strategic Outsourcing (SO) is dying a natural death, believes Greyhound Research. “Strategic outsourcing deals are increasingly being replaced by cloud and/or managed…
Infosys on Friday announced the acquisition of Kallidus Inc, a US-based e-commerce tech solutions firm, in an all-cash, $120-million deal. The IT major also announced a minority stake buy in another US startup, Airviz, for $2 million. This is the second…
Read More With $120 Mn Kallidus Inc Buy, Infosys Invokes The ‘Cloud Messenger’
The disappointing results Infosys has posted raise concerns in the near term, but industry watchers are bullish about the path laid out by Chief Executive Vishal Sikka. During the results, Infosys announced two developments — an acquisition and an investment in…
Read More Infosys: Analysts Bullish On The Path CEO Vishal Sikka Is Taking
Abid Neemuchwala’s appointment comes at crucial time, with top executives set to retire. “It will help Kurien to focus on acquisitions and new business models,” added Sanchit Gogia, an analyst at Greyhound Research. To read the Full Article, click here:…
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…
Read More $200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya May Be A Good Idea
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
