Lot more confidence among clients: Infosys CEO

Excerpts from Krish Gopalakrishnan, CEO, Infosys��� Interview to ET NOW:

There is lot more confidence amongst our clients, they feel that the worst is behind them. Specially in the US, many customers feel they are aggressive in reacting. They cut costs and renegotiated contracts. They have let go employees.

Situations for IT companies are better because clients are feeling lot better and we are waiting for the recovery to happen.

I think that the downturn will drive some changes in terms of how clients engage with their partners. One major shit is shifting from capital expense to operational expense. It may be an interesting model to watch for in the future.