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Essay / Infosys Pestel Analysis
Internal Environment: The company's vision is to be a globally respected and sustainable company and it is working intensively to become so. The company's corporate governance policies ensure effective engagement with all stakeholders. According to Infosys' 2017-18 annual report 'Navigate the Next', strategies for 2018 include infusing automation and intelligence, expanding localization, reskilling talent and investing in digital capabilities . The company focuses on creating a sustainable ecosystem in all three dimensions, namely economic, social and environmental development. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay External Environment: Politics: Infosys provides services worldwide. Infosys has 18 offices in the US and any political changes in the US will have a direct impact on the company's business. The company maintains relationships with 50 countries and is involved with the governments of each country. India's relations and policies with these countries will have a significant impact on business growth in these countries. Any change in foreign policy will also have far-reaching consequences. Additionally, the company has acquired companies in the United States, United Kingdom, Israel and Australia. The company's head office is in Bengaluru, Karnataka, which has an alliance government and has not been on the same page with the central government for some time, which has now changed, but it might affect the business a bit. The company plans to expand the location of its activities. So far, it has maintained good relations with the Indian government, but in the United States, companies that outsource do not receive tax benefits, making it difficult for the company to break into rich markets. . Economic: India is the 2nd fastest growing economy in the world and the economic conditions for any business to operate in India are very favorable. The IT sector contributes 7.7% of the GDP in India. Infosys Technologies Limited is the second largest IT company in India by revenue. According to the annual report of Infosys, there is a positive growth in net profit and revenue generated in 2018 compared to 2017. Although the growth is positive, the rate is not very significant and the pace with which the business evolves. growth is also very slow. As of June 29, 2018, its market capitalization was $42.23 billion. The company's credit rating is A- (Standard & Poor's rating). The effect of GST and demonetization has also been seen in the IT sector. The revenue generated during the year 2017 is Rs.68484 Crore and the net profit is Rs.14353 crore. Growth in terms of turnover for the year 2017 is 9.6%. Social: Infosys technologies Limited has a diverse work culture with a workforce of 129 nationalities. Of the total workforce, 89% are based in India and 36% of the total employees are women. It has the world's largest training center or corporate university in Mysore, with the aim of training future leaders and enabling their workforce. One of the many agendas in the Infosys Annual Report 2017-18 is to reskill the existing workforce. The work environment is very positive and healthy. The company focuses on creating a sustainable environment and works in different areas such as health, art and culture, rural development and care for the most deprived..