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2014-08-02

Infosys to focus on start-ups: Vishal Sikka

Infosys\\\' new CEO Vishal Sikka said the company would focus on intellectual property, products and platforms in an effort to revive the lost glory of the once IT bellwether.

Infosys' new CEO Vishal Sikka said the company would focus on intellectual property, products and platforms in an effort to revive the lost glory of the once IT bellwether.

 

In a letter to Infosys employees, Sikka said the task before the company now was to lay out the way forward.

 

"We must then quickly augment this by going after software opportunities with clients -- to create next-generation, intelligent solutions. We will work with the startup community --amplifying their reach and accelerating their road maps -- to achieve this.

 

"We will further reinforce our focus on intellectual property, products and platforms, to drive new scale and new economics. By laying greater emphasis on improving our ability to learn and to identify opportunities of the future, we will build a sustainable business," he added.

 

In a video chat with an Infosys employee on his top priorities, Sikka said he wants to continue to learn. The chat was posted on Infosys' website.

 

"I want to layout the directions, but do it in a way that is very respectful to where we come from because the company has got to this point through a lot of hard work and the incredible ability of the founders and so on," he added.

 

Sikka said the firm needs to improve on the way it works on projects, the way it manages people and clients. Basically, improve the way it has been doing business and continue to get better at that.

 

"To augment that with some great new things, some new kind of things. We can do like amazing projects in the industry where software is making its way for the first time. I think a great amount of innovation has to be done in every walk of life and every industry," he added. Sikka also stressed on working with start-ups. "We have a $100 million fund that our shareholders and board had approved. I want to utilise it starting today. We want to work to be a great amplifier for startups here in India and also in other parts of the world, in the (Silicon) Valley, US and to focus on improving not only learnability and learning, but also our abilities," he said.

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