Infosys's newly-created subsidiary Edgeverve Systems is modelled like a software product startup and has stepped out of the shadows of the $8.2-billion IT services firm.The company is just five month old and it offers salaries like big companies Google, Amazon, Salesforce, Microsoft and SAP and even the recruitmnet process also include rigorous process. Work cluture also not required to spend 9 hours at a office.
Edgeverve, which has 600 employees, has benchmarked its salaries with that of 21 software product and technology firms. When I was setting up Edgeverve, I said let's rewind and look at the first 5-8 years of the companies that we talk about like Salesforce, SAP, Oracle instead of comparing ourselves to a 40-year-old company" said Sanjay Purohit, CEO & MD of Edgeverve Systems.
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