At the 45th Annual General Meeting (AGM) of Infosys on Tuesday, Chairman Nandan Nilekani struck a confident note on the company’s future in an AI-driven world, asserting that artificial intelligence will act as a force multiplier rather than a disruptor for firms that adapt effectively.
"AI will not replace a company like ours but amplify who move with purpose," Nilekani told shareholders.
He highlighted that the rapid evolution of AI is accelerating the urgency for enterprises to modernise outdated systems. "The AI revolution has made legacy modernization urgent in a way nothing else has," he said, pointing to a structural shift in how businesses approach technology upgrades.
Infosys is already seeing tangible gains from this shift. The company revealed that its AI services revenue has crossed an annualised $1 billion mark, underlining growing enterprise demand and deeper partnerships with leading AI and computing firms.
Looking ahead, Nilekani suggested a fundamental change in enterprise technology strategy, with companies increasingly choosing to develop software internally. "The preference will be to build versus buy for software," he said, adding that future value creation will depend on integrating advanced AI systems with existing enterprise frameworks.
"Value will come from combining the world of models, agents with traditional transaction systems," he added.
"More than three years after GenAI was launched, Infosys is more relevant than ever before and well positioned for the decade ahead. While we embrace the best coding tools and improve our productivity, there is much more to do in the software development life cycle.
"The AI deployment gap in large enterprise clients is real, and closing that gap is where the work is. AI will not replace companies like ours. It will amplify those who move with purpose and adapt with speed," Nilekani noted.
"Infosys keen to tap into AI-first services opportunity of USD 300-400 billion by 2030," he said.
Nilekani emphasised that enterprise-grade solutions require rigorous testing, resilient architectures, robust cybersecurity, and stringent data governance—capabilities that cannot simply be outsourced to external platforms.
He added that the AI revolution has placed Infosys in a strong position to capitalise on this fundamental shift in the technology landscape.
"The defining opportunity lies in integrating intelligent AI systems with mission-critical enterprise platforms. The greatest value will come from combining the world of models and agents with traditional transaction systems that continue to underpin enterprise operations. That convergence is where the next wave of opportunities will emerge.
"Our clients trust Infosys to bring hard-earned learning to help them navigate the complexities of enterprise AI. Infosys is fully prepared to deliver on that trust and help our clients navigate the next," he said, adding that Infosys is already collaborating with 90 per cent of our top 200 clients on their AI journeys.
(With agency inputs)
