Infosys CEO Vishal Sikka Outlines Strategy in First Press Conference
Infosys CEO Vishal Sikka is addressing a press conference to explain the September quarter earnings. Infosys beat profit estimates in Q2 today, reporting a profit of Rs 3,096 crore in the September quarter. (Read results copy here)
The Q2 results are the first since Dr Sikka took over as Infosys CEO on August 1. Dr Sikka, a former SAP top executive, is the first non-founder CEO of Infosys.
Here's what Dr Sikka said at his first press conference as CEO,
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> Need to train employees for new businesses.
> Need to build new systems in Infosys
> Infosys is renewing existing processes
> Analytics, big data are new opportunity areas
> I see an Infosys that is dramatically amplified by artificial intelligence.
> Will transform Infosys into more innovative, agile and exciting company
> We can transform into next generation services company
> We can get back to consistent profit growth and look forward to become the bellwether of Indian IT industry.
> Infosys CFO Rajiv Bansal says: Utilization hit an all-time high in Q2. Margins have expanded despite making significant investment in business.
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