We expect normal growth in business this year: Kris

CEO Speak

On Friday, CEO & Managing Director S Gopalakrishnan spoke on a few relevant issues in a short interaction with Deccan Herald.
On future trends in global outsourcing market:

We are constantly in touch with all our clients and from the discussion we gathered that off shoring will continue to be important for them. We believe that the current financial (2011-12) will be a normal year for us. We expect our revenue to be between Rs 31,727 crore and Rs 32,270 crore depicting year-on-year growth between 15.4 per cent and 17.3 per cent. We have created a structure with strong customer driven vertical focus and have enhanced our investment to take advantage of the opportunities we see in the market.

On the Infy 3.0 strategy:

The objective of Infosys 3.0 strategy is to launch the company in a different orbit by becoming more strategic to our clients. Infosys is focused on delivering measurable business value to clients — whether it be initiating transformational process changes or driving best-in-class efficiencies. To this effect our innovative new products and services have been successfully adopted and implemented by our clients.

We are also rigorously working on developing a world-class business consulting model to partner technology-led transformation for building tomorrow’s enterprise. Results are already visible as we continue to win transformation deals in retail. Recently we partnered with a large US-based retailer on its mobile strategy and application development to complement its e-commerce offerings.

On how Infy tries to make a difference to its clients:

Through our efficient operational services we try to free up clients’ resources that can then be developed to drive transformation and innovation initiatives. A European aerospace manufacturer, for example, engaged us to deploy a Product Lifecycle Management (PLM) solution to be integrated with its enterprise systems and global supplier base for seamless collaboration as well as to deliver cost savings and productivity improvements.

We join hands with clients as a co-creation partner of choice to capitalise on opportunities arising out of emerging business trends. Our strategic focus is to enable our clients to build their enterprises of tomorrow.

On the recovery on IT spending by clients:

We are seeing significant growth opportunities emerging in the market place. Our focus on high quality growth enables us to make the right investments to capture those opportunities.

We invest in people and on processes to be ready reap opportunities as and when they arrive. We have recruited 43,000 people last year, had 1.6 million person days of training and have made 26,000 offers at campus for FY12. We have brought attrition down to normal levels and substantially improved our investments on people.