Speaking to Noshir Kaka, senior partner of McKinsey & Company at the Nasscom India Leadership Forum on Wednesday, Parekh said that the company has transformed their business to put their capabilities on the cloud to offer Software as a service driven solutions to clients.
“As we look ahead, large companies are spending more and more on digital transformation. And we are right at the center of it with our cloud focused Cobalt capabilities. So Cloud is a real vector, which is changing everything that we can see in the future,” said Parekh.
Infosys is seeing demand for cloud transformation from software as a service (SaaS) solutions liek Finacle, Platform as a service (Paas), public and private cloud use cases. He also sees opportunities with Indian SaaS companies. He added that in addition to client transformation, skilling employees as well as clients (something is missing here) will continue to be a focus area.
“And all of that is positive from our perspective, because it’s built on a partnership model, where we are working jointly whether it’s with the large hyperscalers with the private cloud players, with the SaaS players, or there are various past platforms which need different agile development which we’re working on. So all in all, Cloud is a very strong driver for clients to transform,” he said.
However, he added that there will be a need for a consistent supply of talent, both fresher and reskilled experienced talent for these opportunities. The company is looking at both the fresh engineering graduate pool as well as reskilling its own employees to participate in opportunities in cybersecurity, IoT among many others.
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“The key really, for college graduates as they’re coming out is to be aware that their skills are going to need refreshing much faster than people who’ve come ten to twenty or longer years before. In the past what could be a ten or fifteen year runway to a skill now is going to be three to five years. So maybe the most important thing to keep in mind is that you have to constantly learn new things. And that itself is a skill maybe to keep in mind as college graduates come out,” said Parekh.
