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Gartner backs Infosys’ 2020 ‘$20-billion’ vision

BENGALURU: Technology research firm Gartner believes Infosys is poised to win significant market share over the next two years and that the software major may be on course to reach its goal to become a $20-billion company by 2020.

“We are confident in the company’s near-term to mid-term growth forecast, based on the growing pipeline, marked improvements in attrition levels that are positively influencing win rates and a more targeted message that is resonating well with clients,” Gartner analyst Sandra Notardonato said.

“In terms of the company’s fiveyear vision, we are only cautiously optimistic at this point, because of the pace of technology change and implied market disruption.

We believe Infosys is making the right investments and setting the appropriate priorities to get its growth on track,” added the report, dated May 11. Recently, Infosys CEO Vishal Sikka had said he wants the company to regain its bellwether status and become a $20-billion company by 2020.

Sikka is currently undertaking an organisational overhaul to help Infosys recapture its glory days.

Source: Telecom.economictimes

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