Infosys, India’s second largest software services organisation, on Friday posted its quarterly net profit that slacked most analysts expectations.
On the basis of understanding the company’s recent years performance, the company seems struggling to enhance and retain market share due to a staff departure that likewise affected its capacity to win lucrative deals.
Nonetheless, Infosys is now focusing to revive its growth and anticipated that its revenue would ascend to $20 billion by 2020 up from $8.7 billion now.
As part of the company’s reviving strategy, it focuses on Acquisitions and wins more new technology services.
Infosys Technologies was set up in 1981 with $250. It is now emerged as the India’s second largest software exporter. The company has about 80,500 employees and has offices in 23 countries.
