Infosys' Strategy To Revolve Around Innovations, New Solutions: CEO Sikka


BANGALORE: New Infosys CEO Vishal Sikka said his strategy to turnaround the country's second largest IT exporter would revolve around bringing in innovation and building new solutions to meet customer needs, while broadly sticking to the plan put in place by founders.

Sikka, whose appointment as CEO and MD of Infosys was approved by shareholders, also said he would continue and grow the culture and the processes at the company, which was set up in 1981. He will be the first non-founder CEO of Infosys and will take over from S D Shibulal on August 1, 2014.

"...the company is built on very deep rooted culture and deep rooted set of values, so my first order of business is to continue and grow that- the culture, the processes and the plan that has been put into place by the founders," Sikka told reporters.

"First of all- the feeling is of being very grateful and humbled; earlier today we celebrated the careers of Shibu (Shibula, outgoing CEO & MD) and Srinath (Srinath Batni, outgoing Board member)," Sikka, a former SAP executive, said.

Speaking on the sidelines of the Infosys Extraordinary General Meeting (EGM) that approved his appointment with requisite majority, Sikka said: "There comes a time in the life of a company when the instinct and the knowledge of the founders is replaced by processes and structures and principles and the innovation that we put together."

"Pravin (U B Pravin Rao, COO of Infosys)and my endeavour will be to do that," he added.

Stating that he deeply believes that the world around was becoming fundamentally reshaped with software, Sikka said "everything we see around us is becoming software defined, and that gives Infosys a tremendous opportunity to help with that, to help reshape that in every industry whether it is banks and financial services, manufacturing, oil and gas, retail- in every industry."

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Source: PTI