Infosys will win race from TCS

Indian Information Technology major Infosys India Pvt.Ltd will be the top most growth oriented organization in a very short span of time. Its revenue growth is likely to be the strongest among the top three Indian vendors in the coming three financial years, a report said. Ih has decided to hire over 30,000 foreign technicians for expanding its business operations around the globe. Infosys, it said, has the highest exposure to clients from the US and, hence, is least vulnerable to a sharp depreciation in European currencies. In fact, even during the economic slowdown, Infosys had registered a faster growth than its peers, Tata Consultancy Services and HCL, despite aggressive ramp-downs from its largest client.

The SWOT analysis of Infosys mentioned in the report, revealed that the company has the highest standards of corporate governance and its ability to cross-sell its service offerings is the best among domestic companies. Moreover, the recovery in IT spending from US clients has been decidedly faster than that from European clients. “The faster recovery in the US, coupled with Infosys’ relatively high exposure to that geography, makes it well-placed to register sector-leading revenue growth,” it said. Over the last four quarters, revenues from the US are up 16.5 per cent as compared to a decline of 13-14 per cent from Europe.