Infosys sees an opening as clients turn to large firms to cut costs

BENGALURU: InfosysNSE 0.77 % is seeing opportunity in vendor consolidation as clients look to work with a few large IT services companies to save costs during the current economic slowdown brought on by the Covid-19 pandemic, a senior company executive said.

The Bengaluru -based IT giant is also looking to snap up some captives that clients may hive off in the near future.

“Some clients are looking at consolidation. In this crisis, they have had mixed experience of work-from-home from different players. So, they feel, if this lasts 12-18 months, they would want to put their bets on larger players who have done well in transitioning to this new way of working,” Infosys Chief Operating Officer UB Pravin Rao told ET.