With US President Donald Trump’s “buy American, hire American” slogan still ringing in Indian tech companies’ boardrooms, Infosys CEO Salil Parekh on Wednesday said that they were on a path to growth and digital transformation.
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“We have set ourselves at transformation plans. On that, we have started a journey in the first two quarters, where we have started to track several areas. Our company’s focus clearly is on digital and improving cost services with the help of artificial intelligence and automation… There is a lot more work, however, the company needs to do for overall transformation,” Parekh told a noted newswire.
He added that Infosys had started with some recruitments from colleges in the US and will do the same for Europe and Australia.
He also said that overall, he thought that Infosys is seeing a positive change in their strategy of agile digiting and automation. “Our AI and cost services are also resonating well with their clients and building more relevance,” he added.
#InfosysQ2FY19 INR: Net profit was Rs. 4,110 crores for the quarter ended Sep 30, 2018; YoY growth was 10.3% https://t.co/GsYSRsYwT7
— Infosys (@Infosys) October 16, 2018
Infosys this week reported their second quarter results with a rise in consolidated net profit at 10.3% year-on-year to ₹4,110 crore.
