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


Sikka said: "If you look at manufacturing,software is making its way into machines, software is making its way into management of machines; .....manufacturing is becoming completely transformed."

"In the energy industry, the exploration of oil and gas is becoming completely digitised. So there are all kinds of new areas, new application areas, new innovation areas where software is coming for first time, and I'm looking forward to building innovation of that."

Welcoming the opportunity to continue the extraordinary culture of learning that Infosys provides, Sikka said: "I'm looking forward to go to Mysore on this trip and hanging out with the trainees there. We have a great university out there, I'm really looking forward to seeing that and continuing that culture of education, learning."

"Once we have a company that can learn anything, then we can do anything," he stated.

To a shareholder's question on managing affairs at Bangalore as he would be based out of California, Sikka said: "Pravin will be here, Pravin and I will work closely together. Pravin will be responsible for all the matters in Bangalore. Whenever I'm not here, he will be responsible for all the operational aspects of the company."

Infosys board had appointed Pravin Rao, President and whole-time director, as Chief Operating Officer, with effect from June 14, 2014.

Sikka said: "...we do look forward to bringing some great innovation into our company going forward. The world around us is becoming fundamentally reshaped by softwares, and as a distinguished provider of software- we have a great opportunity to help this transformation of the world that is happening around."

"It is happening in every industry that we already operate in, so actually it is a great opportunity in bringing new innovative software to our clients through the existing framework that we have."

"I feel confident in the future, I feel that we have a great journey ahead of us," he added.

Questions were also raised by a shareholder on the absence of Narayana Murthy at the EGM, to which Gopalakrishnan said: "Mr Murthy had a sort of emergency eye surgery which requires him to take rest for almost a month and that is the reason why he is not able to participate."

Narayana Murthy and Kris Gopalakrishnan had voluntarily stepped down as Executive Chairman and Executive Vice Chairman on June 14, 2014. In order to facilitate a smooth transition of responsibilities, the company had said they would continue on the Board till October 10, 2014 as Non-executive Chairman and Non-executive Vice Chairman.

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Source: PTI