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Gartner “Cautiously Optimistic” about Infosys’ Ability to Hit $20 Billion by 2020

Monday, May 18, 2015

Gartner has backed Infosys and its CEO Vishal Sikka in their aim to become a $20 billion company by 2020.

Despite the goal being undoubtedly ambitious, Gartner’s forecasts have determined that the Indian service provider is more than capable of the exponential growth required.

“We are confident in the company’s near-term to mid-term growth forecast, based on the growing pipeline, marked improvements in attrition levels that are positively influencing win rates and a more targeted message that is resonating well with clients,” said Sandra Notardonato, an analyst at Gartner.

“In terms of the company’s five-year vision, we are only cautiously optimistic at this point, because of the pace of technology change and implied market disruption.”

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Related: Infosys Reveals Blueprint of Plan to Achieve $20 Billion Value by 2020

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