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CEO S. Gopalakrishnan says: Infosys to cut US revenue share to 40%

Question asked by Ankita Katdare in #Startups & Business on Sep 13, 2010
Ankita Katdare
Ankita Katdare · Sep 13, 2010
Team CrazyEngineers
According to Infosys CEO, the Company wanted to boost revenue from Europe to about 40 per cent of total income from 20 per cent, while other markets would account for 20 per cent, up from 15 per cent.

He further said that clients continued to spend on technology, despite recent reports that spending may be slowing. Although spending had become decidedly short-term.

The Company clearly aims to diversify its revenue streams after a year during which Europe's downturn made the company even more reliant on the United States.

Posted in: #Startups & Business

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