Infosys Outlines Three Year Roadmap At AGM
- Author: BQ Desk
- Business
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Jun 23, 2018 16:48 pm IST
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Published On Jun 23, 2018 16:48 pm IST
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Last Updated On Jun 23, 2018 16:48 pm IST
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Workmen prepare an electronic screen at the Infosys Ltd. popup venue ahead of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2017. (Photographer: Jason Alden/Bloomberg)
8 years ago
Jun 23, 2018
This is the first AGM for Salil Parekh who took over as the chief executive officer in January this year. For Nandan Nilekani, one of the co-founders, this is his first after returning to the company eight years after stepping down.
Here’s live coverage of the 37th Annual General Meeting of Infosys Ltd. This is the first AGM for Salil Parekh who took over as the chief executive officer in January this year. For Nandan Nilekani, one of the co-founders, this is his first after returning to the company eight years after stepping down to assume the role of chairman of the the Unique Identification Authority of India (UIDAI) in 2010.
- We are at a very exciting juncture in the journey of our industry
- Have taken several steps to remedy stability concerns
- Assure that brand Infosys will be ready and relevant
- Have a stable board and management and everyone is united
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- Our strategy rests over four pillars- invest in digital, leverage AI, automation, reskill and hire locally
- Have set a three year road map to achieve objectives
- Will stay disciplined in returning cash to shareholders
- Will stabilise business strategy in FY19
- Will build momentum in FY20, accelerate in FY21
- Demonstrated strong resilience in FY18
- Added 283 clients, 98.5 percent repeat business in FY18
- Looking at automation beyond traditional services to new areas
- Re-skilling a critical imperative for us
- Localisation critical to build digital transformation for clients
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