Sikka set to outline Infosys's new strategy next month

Vishal Sikka is to outline strategy, including Infosys positioning in social, mobile, analytics and cloud, when it declares the second quarter results on October 10, although the management will spell out the milestones on revenue generation from these newer technologies only around April.
The management is also expected to articulate the roadmap for the recently spun-off products, platforms and solutions business, Edgeverve and how the Bangalore-based firm will implement design thinking, said a senior executive.
Sikka will focus on ‘Renewing’ services, including increasing automation across the offerings portfolio such as software development through better layers of abstraction and tooling, engineering services, and infrastructure management. Sikka is also aiming to “double” Infosys investment — and according to experts, presumably sales — in Intellectual property-led revenues and its core banking product Finacle.
Some of the key focus areas for Infosys include open source inmemory analysis of big data. At the same time, Infosys will get into new service offerings, including digital marketing and predictive maintenance.
Rachael Stormonth, senior vice president at Nelson Hall, advisory firm said all this is “welcome news” and “about time” Infosys stitched more partnerships. “We have already discussed design thinking,” said an executive, “and now (on the results day), we will what and how we should be doing this and also how we can make our customers more smac-ready”.
Sikka in his over 25 client meeting over the last two months wants to position Infosys as the software exporter which can help clients embrace cloud and mobile on their existing infrastructure.
Sikka’s strategy will broadly be similar to the earlier strategy of Narayana Murthy, including cost optimisation, sales effectiveness and delivery effectiveness. However, Infosys under Sikka wants to apply design-thinking to make lines of codes and applications beautiful and user friendly and the chief executive will share how thousands of engineers will go through design thinking training in the coming months.
The Bangalore-based software exporter for this reason also extended time it will spend briefing investors and analysts from earlier scheduled 60 minutes to 90 minutes on the day of the results. On the recently spun-off products, platforms and solutions subsidiary, Sikka aims to scale up the business, which for now currently accounts for less than 6% of Infosys $8.25 billion revenues. EdgeVerve currently has 600 engineers and the wholly-owned subsidiary expects a “positive rub off for Infosys revenues”.
“Like any typical software product, we believe our offerings will offer us a channel to generate both implementation and maintenance revenue,” Sanjay Purohit, CEO, EdgeVerve had told ET last month.