IT industry to see more consolidation, Infosys stands to gain, Nandan Nilekani

Infosys chairman Nandan Nilekani mentioned that the corporate would achieve from shoppers consolidating distributors and drive to chop prices of their enterprise resulting from Covid-19 pandemic.

“We are definitely going to see a consolidation, all the conversations our leaders have been having indicate that clients want to consolidate and reduce the number of suppliers they have to one or two or three. That works very well for Infosys because they see us as someone stable, long-term, financially very strong and has done a very good job on executing work from home,” Nilekani advised Infosys employees in an inside broadcast.

He added that Infosys can be a “net gainer” on this and take a look at alternatives to scale back value and automate processes. The tech companies main can be eyeing alternatives in companies similar to serving to firms return to work safely.

Nilekani mentioned Infosys has finished “exceptionally well” in navigating this case and shifting almost 93% of the close to 240000 workers throughout 40 nations to house throughout the lockdown.

The Infosys co-founder mentioned the pandemic has taught enterprises globally must turn into extra resilient. “This crisis has probably been more difficult than any crisis. People are going to reimagine the business model, the lesson that we have learnt from this crisis is that enterprises have to be resilient,” mentioned Nilekani.

Nilekani mentioned enterprises would see a stability between working from workplace and dealing from house as around the globe billions of individuals have examined the WFH mannequin two to 3 months at a stretch. “There will be a new equilibrium, which has an impact on mobility, traffic, the way cities are designed. The collective global experience will leave significant impact,” he mentioned.

–News Journals