Vishal Sikka

Automation to cause temporary replacement of jobs: Sikka

infosysDavos : As companies are moving towards automation, Infosys CEO Vishal Sikka Wednesday said there would be temporary replacement of jobs and lower IT costs.

Sikka, who was speaking as a panelist in a session on 'Inclusive Growth in the Digital Age' at the World Economic Forum here, said that the companies should move towards automation as it would be better in terms of cost.

The session focussed on issues related to automation leading to job cuts, inequality in incomes and role of education in the digital age.

"Technology makes people more productive...Their abilities are amplified with technology," Sikka, the first non-founder CEO of the over USD 8 billion IT services exporter, said.

Infosys CEO Sikka meets PM, to spend USD 250m on software innovations in India

Vishal SikkaNew Delhi, Jan.15 - Infosys CEO Vishal Sikka met Prime Minister Narendra Modi on Wednesday and reportedly informed him that his company is ready to offer and spend 250 million dollars (over Rs 1,500 crore) on funding software and services innovations in India.

He also reportedly said that Infosys is keen to participate in the creation of a smart and digitally empowered India.

He was quoted by media, as saying that his discussions with the Prime Minister focused on smart cities and infrastructure.

Sikka further said Infosys would be involved in delivering a software solution for next year's Kumbh Mela.

Infosys to focus on start ups, IP, Products & Platforms: Sikka

Vishal-SikkaBangalore: Vishal Sikka, the first non- founder and outsider to lead Infosys, on Friday said the country's second largest software services firm will focus on intellectual property, products and platforms in an effort to revive the lost glory of the once IT bellwether.

The former Board member of German software giant SAP, who took over as Infosys CEO today from S D Shibulal, will also work with start ups to drive scale and business for the Bangalore-headquartered firm.

In a letter to Infosys employees, Sikka said the task before the company now was to lay out the way forward.

Infosys gets first non-founder CEO; Sikka era begins today

Vishal SikkaNew Delhi: More than three decades since its inception, India's second largest software firm Infosys will on Friday get its first non-founder chief executive officer in Vishal Sikka.

He replaces S D Shibulal, last among the co-founders to hold the CEO post. Shibulal served his last day in office yesterday.

An outsider, Sikka will be the first non-founder to take over as CEO since 1981, when the company was founded by seven friends.

Over the last 33 years, Infosys co-founders N R Narayana Murthy, Nandan Nilekani, S Gopalakrishnan and S D Shibulal have steered the company's operations.

New Infosys CEO to get annual salary of $5.08 million

Infosys-CEO-Vishal-SikkaNew Delhi: Infosys Ltd will pay its new chief executive officer Vishal Sikka up to USD 5.08 million in annual salary besides a stock option of USD 2 million, a package considered lower than global peers. Sikka, 47, will replace SD Shibulal and take charge on August 1.

India's second-largest software services exporter sent out a circular calling for an extraordinary general meeting (EGM) of company shareholders on July 30 at Bangalore to approve appointment of Sikka as the new Chief Executive Officer (CEO).

Infosys names Vishal Sikka CEO; Murthy and son to step down this week

Infosys names Vishal Sikka CEO; Murthy and son to step down this weekBangalore - Hit by several top-level exits, Infosys on Thursday undertook a major shake-up bringing in for the first time an outsider, Vishal Sikka, as CEO and announcing that mentor N R Narayana Murthy and his son Rohan will step down four years ahead of their tenure.

Sikka, 47, who was previously executive board member of German IT firm SAP, will replace S D Shibulal, one of the seven engineers who founded Infosys in 1981, from August 1, Infosys said in a statement.

Sikka to be Infosys CEO, MD; Murthy to step down as Chairman

Vishal SikkaNew Delhi: Infosys on Thursday named former SAP executive board member Vishal Sikka as its new chief executive officer, the first time the nation's second-largest software services exporter will have a non-founder as CEO.

Sikka, 47, will replace S D Shibulal, one of the seven engineers who founded Infosys in 1981, from August 1, Infosys said in a statement.

Also, the firm's Executive Chairman N R Narayana Murthy and Executive Vice Chairman S Gopalakrishnan will step down on June 14. Murthy will be designated as chairman emeritus from October 11.




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