Infosys to chart new innovation & research path
Gopalakrishnan, in an exclusive chat with FE, said the initiative will provide Infosys with the kind of momentum that can its sustain growth over the long term. “IP that you own will soon be the key differentiator in IT,” he said. “One of the issues in India is that no one is doing basic research work.”
That kind of focus on products has begun to bear fruit at Infosys. In the previous quarter, the company won 14 deals in the products and platforms space, adding $117 million to the total contract value of $600 million. Infosys is planning to invest more into the activities of its lab to further speed up IP design and development. The firm is also scouting for potential acquisitions in this space.
According to Gopalakrishnan, Infosys is at a stage where innovation is not just a good-to-have buzzword. It is a key discussion point whenever the think tank gets together in
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