According to S. Gopalakrishnan, CEO and managing director, Infosys, “We have revised our US dollar revenue guidance to reflect the current economic situation and the drastic depreciation of major global currencies against the US dollar. The challenging environment provides interesting opportunities for transformational service providers like us.”
Infosys has been performing well through out the year and won the 2008 RBS Supplier Excellence Award for Global Contribution which acclaims operational and delivery excellence as well as effective account management of suppliers operating across multiple geographies. This award recognized Infosys’ valued contribution to the ABN AMRO integration.
The company also launched ShoppingTrip360, an innovative solution for retailers and consumer packaged goods companies. Infosys’ patent-pending technology platform offers real-time visibility into shopper and shelf activity through a network of wireless sensor-based applications.
Despite fears of global economic recession, the company added another 40 clients during the quarter, reflecting the faith of the industry in the company. According to S.D. Shibulal, chief operating officer. “Despite adverse market conditions, our pricing remained stable during the last quarter." |
