An online report by oneindia.in has said that India’s no. 2 software giant Infosys is planning to double its headcount in the U.S.
This comes as no surprise as the customer takes center stage in the U.S. in the wake of a recession. Companies are looking for suppliers that can provide customer satisfaction amid dwindling demand in the U.S.
Alternatively, Infosys is also seeking to engage in takeovers in Europe. This is an attempt to offset exposure to the U.S. market and increase its presence in the European Union.
The Wall Street Journal reported that Infosys is looking at niche markets in Germany, France, and Japan. The firm expects to reel in revenue of 40 percent from the U.S., 40 percent from Europe and 20 percent from other parts of the world.
Analysts say pacing revenue growth will be the most difficult part for Infosys now. Infosys is still a couple of quarters from witnessing heightened demand.
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