At 40th annual general meeting of Infosys on Saturday, Infosys chairman clearly stated that the hybrid model is here to stay

“While a challenging 2020 has ushered in a 2021 fraught with uncertainty, one thing is clearly evident: Infosys is well-positioned for another year of market-leading performance in a post-pandemic, cloud-first, distinctly digital era,” stated Nilekani at 40th annual general meeting of Infosys on Saturday.

The dramatic shift to living and working online has altered the entire business landscape in irrevocable ways. “Hybrid work is here to stay, requiring organizations and their people to find new ways to come together, collaborate and deliver seamlessly.”

Adding to the same Nilekani said, “unprecedented technology transformation driven by cloud, and the digitalization of business models are shaping the next normal for us all. Whether it’s the uptick in online demand, mastery over digital demand fulfillment or tackling the threat of cyberattacks, technology has become an urgent and critical business capability.”

Adjusting to this new reality can be daunting. Companies can no longer afford the long wait for business returns or settle for the sometimes-underwhelming outcomes of large transformation projects.

With the help of such projects, the company has been able to achieve new heights, by signing large deals with new clients. ““We have expanded our capabilities which resulted in these large deals. One metric is the number of clients where we have revenue of more than $100 million has increased,” CEO Salil Parekh said.