Infosys Will Turbocharge Itself With 4 Big Changes: #3 Is About Hiring More Americans
We have some interesting news coming from the Indian IT giant Infosys.
In a virtual analyst meeting conducted on Wednesday, the CEO of Infosys Ltd Salil Parekh has laid down several new checkpoints and strategies for growth enhancements.
He has put forward a well-planned blueprint for the company, piggybacking on 4 salient features, more of which we will be covering further in this article.
Parekh has also announced that Infosys will be hiring about 12,000 local employees in the US, as a measure of its localization strategy in the American centres.
Infosys Targets 25,000 Local Employee Base by 2025
In September, Infosys opened a new technology centre/office at Phoenix in Arizona, US, to accelerate innovation for its American enterprises.
It declared hiring 1000 Americans in a span of 4 years to work for local enterprises.
Infosys has been going big on hiring local employees in the American soil, since some time now.
At its virtual analyst meet on Wednesday, the Bangalore-based IT giant announced to hire 12,000 new US employees over the upcoming 2 years, creating a strong workforce of about 25,000 American workers in the US, in the next 5 years.
In 2017 too, the company committed to hire 10,000 local workers by 2019, with the count of local workers in the US totalling to about 13,000, as of today.
Infosys Releases its Blueprint for Growth
As mentioned above, Infosys CEO Salil Parekh announced the company’s strategic blueprint, which highlighted 4 key features:
- scaling digital capabilities,
- deepening automation and artificial intelligence,
- reskilling employees, and
- increasing local hiring.
Parekh quoted, “Infosys’s growth is being driven by digital, large deals, expansion of existing accounts, and mining new accounts.”
Infosys has signed deals worth over $5 billion since March, of which more than half had a digital share of more than 50%.
Additionally, the company’s digital revenues showed a YoY growth of 25.4%, contributing to the total revenues for the 2nd quarter.
Coronavirus Pandemic Accelerated Dig Revolution: Infosys
The Covid pandemic has transformed the way we used technology, all over the world.
According to Nandan Nilekani, Infosys Chairman, the pandemic situation has assuredly accelerated the digital revolution.
He illustrated that among the technological trends that massively emerged during the pandemic crisis,
- Adoption of clouds,
- acceleration of open source platforms,
- Surge in data and analytics,
- App consumption,
- Cybersecurity, and
- modernization of digital platforms,
were some of the key ones that were compulsively in picture.
“These trends existed before covid but the crisis accelerated it…Companies began to realise that unless they were digitally savvy, their business was at risk.”, says Nilekani.