Infosys 3.0 Strategy
Infosys Ltd.
Infosys is an Indian IT multinational. Its headquarters is in Bangalore and it has 7 other Indian development centres in Hyderabad, Pune, Trivandrum, Bhubaneswar, Chandigarh, Mangalore and Chennai. It has a global presence in over 30 countries.
Infosys was co-founded by 7 ex-Patni computer systems employees in 1981 with only $250 .Today with annual revenues of ~ $ 7 billion and a total workforce of 150,000+ employees, Infosys is the second largest software services provider in India superseded by only TCS. (Refer to appendix 1 for historical growth data)
This Indian IT bellwether has been a trusted IT services provider along with business consulting, support and enhancement services, enterprise services and technology outsourcing services and serves a host of Fortune 500 and Fortune 1000 companies in 20 domains.
Its biggest clients include British Telecom, British petroleum, ABN AMRO, Southern California Edison, DHL, Bank of America, Citibank to name a few
Infosys 3.0
Infosys has undertaken a major restructuring exercise, aligning their business units into 4 verticals – Retail (RETL), Financial (BFSI), Energy, Utility and Services (EUS) with 3 horizontals focussing on business transformation, innovation (products /platforms) and operations. One of the key strategies of Infosys is to embed consulting services within each business unit, present a unified solutions interface to the customers.
Infosys envisaged the following 4 changes with this new strategy 1. Changing their market positioning from a simple IT services provider to a client focused end to end solutions provider 2. Changing the mind-set of the employees from just delivering a service to more entrepreneurial thinking 3. Changing the business model for revenue – from revenue per person billed per month, Infosys wanted to shift to simply revenue per employee. 4. Changing the way Infosys does risk management on its investments and taking a long term view of these
Infosys is an Indian IT multinational. Its headquarters is in Bangalore and it has 7 other Indian development centres in Hyderabad, Pune, Trivandrum, Bhubaneswar, Chandigarh, Mangalore and Chennai. It has a global presence in over 30 countries.
Infosys was co-founded by 7 ex-Patni computer systems employees in 1981 with only $250 .Today with annual revenues of ~ $ 7 billion and a total workforce of 150,000+ employees, Infosys is the second largest software services provider in India superseded by only TCS. (Refer to appendix 1 for historical growth data)
This Indian IT bellwether has been a trusted IT services provider along with business consulting, support and enhancement services, enterprise services and technology outsourcing services and serves a host of Fortune 500 and Fortune 1000 companies in 20 domains.
Its biggest clients include British Telecom, British petroleum, ABN AMRO, Southern California Edison, DHL, Bank of America, Citibank to name a few
Infosys 3.0
Infosys has undertaken a major restructuring exercise, aligning their business units into 4 verticals – Retail (RETL), Financial (BFSI), Energy, Utility and Services (EUS) with 3 horizontals focussing on business transformation, innovation (products /platforms) and operations. One of the key strategies of Infosys is to embed consulting services within each business unit, present a unified solutions interface to the customers.
Infosys envisaged the following 4 changes with this new strategy 1. Changing their market positioning from a simple IT services provider to a client focused end to end solutions provider 2. Changing the mind-set of the employees from just delivering a service to more entrepreneurial thinking 3. Changing the business model for revenue – from revenue per person billed per month, Infosys wanted to shift to simply revenue per employee. 4. Changing the way Infosys does risk management on its investments and taking a long term view of these