MUMBAI: IT major, Infosys Technologies, has witnessed an increase in outsourcing deals as all major markets are back on the recovery track, a top company official said.
"What has changed in the last two quarters is that the markets have improved and deals are coming back. We see more deal-flows," Infosys' chief executive officer and managing director, S Gopalakrishnan said.
As the deal pipeline is improving, the infotech major is looking at diversifying its business worldwide "The recovery is led by the United States and other emerging markets such as India and China. The United States contributes 60% of the total business. Clearly this is having more impact on the Indian infotech services. Proactively we are investing more on diversifying our business," he said.
Presently, the company's revenue distribution is 60% from North America, 25% from Europe and the balance from other parts of the world. "In 5-years from now, we see the revenue distribution at 40% from North America, 40% from Europe and 20% from rest of the world," Gopalkrishnan said.
Pricing would remain stable, he said.
"What has changed in the last two quarters is that the markets have improved and deals are coming back. We see more deal-flows," Infosys' chief executive officer and managing director, S Gopalakrishnan said.
As the deal pipeline is improving, the infotech major is looking at diversifying its business worldwide "The recovery is led by the United States and other emerging markets such as India and China. The United States contributes 60% of the total business. Clearly this is having more impact on the Indian infotech services. Proactively we are investing more on diversifying our business," he said.
Presently, the company's revenue distribution is 60% from North America, 25% from Europe and the balance from other parts of the world. "In 5-years from now, we see the revenue distribution at 40% from North America, 40% from Europe and 20% from rest of the world," Gopalkrishnan said.
Pricing would remain stable, he said.
Resource: timesofindia.indiatimes.com
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