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Infosys will focus on startups, IP: Sikka

Last Updated 01 August 2014, 17:44 IST

Vishal Sikka, the first non-founder and outsider to lead Infosys, on Friday said the country's second largest software services firm will focus on intellectual property, products and platforms in an effort to revive the lost glory of the once IT bellwether.

The former Board member of German software giant SAP, who took over as Infosys CEO on Friday from S D Shibulal, will also work with startups to drive scale and business for the Bangalore-headquartered firm.

Key focus areas Sikka has outlined for the company include delivering high operating margins to maintain leadership for Infosys in the services sector, actively managing and strengthening client relationships and putting unutilised cash on the books to use by scouting for acquisitions.

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 roadmaps — to achieve this.” he said.

“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. Sikka said the firm needs to improve on the way it works on projects, the way it manages people and clients.

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(Published 01 August 2014, 17:44 IST)

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