AI labs are proving why IT cos still matter: Infosys CEO Parekh

Infosys CEO Salil Parekh says AI labs like OpenAI and Anthropic need partnerships with IT services firms, validating the industry's continued relevance.

Under Parekh, Infosys doubled revenue from $10 billion to $20 billion and secured over $100 billion in large deals since 2018.

Infosys views AI services as a $300 billion opportunity, with 8% of its revenue already from AI.

Parekh highlights Infosys's advantage of 300,000 employees and 1,800 clients with long-term relationships and deep technology context.

Infosys prioritizes disciplined execution and client needs over bold bets, focusing on margin, cash flow, and AI deployment.