Infosys Executives Consider Declaring Results From Palo Alto – LiveMint | In The News

“Vishal Sikka’s desire to project Infosys Ltd as a next-generation services company has made senior company officials consider if the company should declare results for a quarter during the current financial year from its Silicon Valley base. The move is expected to help the management showcase the presence it has built in California’s Palo Alto, since the company appointed Sikka as chief executive officer last August. Having North American headquarters in the middle of the Silicon Valley ecosystem allows Infosys to tap into the Valley’s rich innovation talent pool as Infosys moves from its traditional labour arbitrage-based model to an IP (intellectual property)-based model, Peter Bendor-Samuel, founder and chief executive officer of consulting and advisory firm Everest Group, wrote in a 2 April note, titled “Is Infosys Repositioning as a Silicon Valley Company?”. Soon to be gone are the days of the factory control from Bangalore dictating to customers how to use services.” Read More.

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