In 3 Years, Sikka Helps Buoy Infosys Profit

When Vishal Sikka took over at Infosys he was prescient about automation taking away jobs and clients shifting investment dollars into newer digital technologies.

Sikka Spins Infosys Into A Digital Company

There is a change brewing in Infosys. Under Vishal Sikka’s direction there are a few things that are already presenting themselves as fresh and innovative. But can Infosys become the pioneer of automation without losing its tag as a great employer and a stellar stock marker performer. Look at the incremental changes, like the acquisition of Skava and Panaya, that are happening, within the company, to understand why Sikka wants to brand Infosys as a digital company without frightening investors and employees. There are several challenges along the way especially when he quotes the late professor Mashelkar famous words “do more with less for more.”

How Indian IT service providers are getting cloud ready

As the IT services industry takes a different route with enterprise clients moving from traditional to cloud-based services, Indian IT service providers too are shifting gears to keep pace with their global competitors. For the IT services industry, it’s the time to wake up to new realities. Strategic outsourcing is increasingly considered to be dead, IT models are being realigned to new technology needs, and long-term deals are shrinking with every  passing year. Of all the major technology disruptors that have shaken up and stirred the industry, cloud has been one of great significance. The advent of cloud has not just transformed the way IT is consumed by enterprises, it has also in many ways questioned the tried and tested ways of functioning of IT services companies and left them scrambling for answers.

Analysts sceptical about Infy meeting targets

While the vision laid out by CEO Vishal Sikka for Infosys has been applauded, analysts are not convinced whether the company can achieve the set targets as it’s still in a transition phase given the changing dynamics in outsourcing.

With $120 Mn Kallidus Inc Buy, Infosys Invokes The ‘Cloud Messenger’

Infosys on Friday announced the acquisition of Kallidus Inc, a US-based e-commerce tech solutions firm, in an all-cash, $120-million deal. The IT major also announced a minority stake buy in another US startup, Airviz, for $2 million. This is the second acquisition by Infosys in the last eight months since Vishal Sikka took over as CEO. The $200-million Panaya acquisition was the last.

Capgemini Acquires IGATE Corp For $4 Billion

French IT-services major Capgemini on Monday announced the acquisition of US-based IGATE for $4.04 billion in a combination of cash, stock and debt deal. With this acquisition, Capgemini expects to boost its presence in North America, the largest IT-services market in the world.

With $120 Mn Kallidus Inc Buy, Infosys Invokes The ‘Cloud Messenger’

Infosys on Friday announced the acquisition of Kallidus Inc, a US-based e-commerce tech solutions firm, in an all-cash, $120-million deal. The IT major also announced a minority stake buy in another US startup, Airviz, for $2 million. This is the second acquisition by Infosys in the last eight months since Vishal Sikka took over as CEO. The $200-million Panaya acquisition was the last.

Strategic Shift: Why Panaya Is A Good Fit For Infosys

The latest acquisition by India’s second largest IT services exporter—Infosys—of Panaya for $200 million may seem a small buy for a company with over $8 billion in revenues. But this signals the start of Infosys’ transformation into a blue-blooded technology player, the vision of the company’s chief executive officer Vishal Sikka.

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country’s second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about USD 350 million (Rs 1,932 crore) in 2012.

$200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya May Be A Good Idea

Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. “The acquisition of Panaya is a key step in renewing and differentiating Infosys’ service lines,” CEO Vishal Sikka said in a statement following the acquisition. But here’s three reasons why the company may have spent its $200 million well for the acquisition:

Infosys Buys US-Based Panaya For $200 Million

Betting big on new technologies to boost growth, country’s second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about USD 350 million (Rs 1,932 crore) in 2012.

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country’s second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about USD 350 million (Rs 1,932 crore) in 2012.

$200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya Makes Good Sense

Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. “The acquisition of Panaya is a key step in renewing and differentiating Infosys’ service lines,” CEO Vishal Sikka said in a statement following the acquisition. But here’s three reasons why the company may have spent its $200 million well for the acquisition:

Infosys’ Panaya Buy Furthers Vishal Sikka’s New Tech, Automation Bets

Infosys on Monday announced the acquisition of US-based software automation technology firm Panaya for $200 million in an all-cash deal. This is the software major’s first acquisition after Vishal Sikka took over as the CEO in August last year. Panaya is being seen as a fit for Sikka’s strategy of “renew and new” aimed at enhancing competitiveness and productivity by leveraging technologies of automation, innovation and artificial intelligence.

Infy To Buy Panaya For $200M

Infosys will acquire US-based automation technology company Panaya for $200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about $350 million (Rs 1,932 crore) in 2012. However, this is the first acquisition since former SAP board member Vishal Sikka took over as the CEO and managing director of the over $8-billion firm in August last year.

Infosys Acquires Automation Tech Firm Panaya For $200 Million

Infosys, on Monday, announced that it had signed a definitive agreement to fully acquire U.S.-based automation technology provider Panaya for an enterprise value of $200 million. This is the company’s second largest acquisition after it acquired Zurich-based consulting company in 2012 for around $350 million.

$200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya Makes Good Sense

Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. “The acquisition of Panaya is a key step in renewing and differentiating Infosys’ service lines,” CEO Vishal Sikka said in a statement following the acquisition. But here’s three reasons why the company may have spent its $200 million well for the acquisition:

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country’s second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about USD 350 million (Rs 1,932 crore) in 2012.

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country’s second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about USD 350 million (Rs 1,932 crore) in 2012.