Infosys eyes at increasing revenue from the digital business

Infosys is aiming to increase the revenue of its digital business from the current just above 35% to 50%. Though the company has not committed a timeline to the target.

It believes that hiring the top resources was the key part of the investment, which is now complete. Infosys has brought down the margin expectations to a modest 21-23%, though revenue forecast has been raised to 8.5%-10%. Infosys’s key rival, TCS is aiming at 26-28% margins which are highest among IT services companies globally.

The company is also focusing on controlling high attrition rate.

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