Brexit may create walls but it also brings opportunities: CEO Sikka
Infosys CEO Vishal Sikka on Friday said that Brexit has led to uncertainty in the near term but expressed optimism that it may also offer revenue growth “opportunities” as new demand for technology services and integration comes up in medium to long term.
“Banks are trying to figure out what changes need to be made and what it means for near-term spending... Unfortunate as it is that some of these walls are being created due to Brexit, it does create more need for services, integration, more need for ways to interact across boundaries. So, it means opportunity for revenue growth,” Sikka said.
In the near term, he admitted, there may be uncertainties. “But it is too early to tell... so far we have not seen any impact,” he added.