Infosys recasts into 11 business units

MUMBAI: Sensing a shift in the global information technology (IT) industry, Infosys Technologies, India’s second-largest software exporter, on Friday said it is re-organising its business units.

Through the restructuring, it hopes to broaden its customer base and strengthen the services portfolio through scale benefits.

The restructuring, effective November 2007, would see the company consolidate its sales and marketing functions under a new Corporate Sales and Marketing umbrella.

Srinath Batni, a board member, would directly oversee the delivery of products and services.

Infosys is also rationalising its verticals (service industries) and horizontals (service offerings). It will have six industry business units (IBU) and five horizontal business units (HBUs).

Earlier, it clubbed its clients under industry buckets like aerospace & defence, banking and capital markets, energy, health care. Now, the more simplified structure has IBUs such as banking and capital markets, communications
media and entertainment, energy, utilities and services, insurance, healthcare, etc.

There are also new growth engines to spot emerging geographies and a dedicated India Business Unit.

Under services, the HBUs are consulting solutions, enterprise solutions, infrastructure management services, product engineering and testing services and systems integration.

Under the earlier system, it had seven services. They included application development and maintenance, enterprise quality service, and packaged application services.

“Today, we are at the cusp of becoming a $4 billion organisation. There is a need to realign to create a structure that can meet the new challenges of our strategic direction, increased customer expectations and higher levels of competition. I am confident that this reorganisation will enable us to compete better in the global markets,” Kris Gopalakrishnan, chief executive officer and managing director, said.

Infosys is forming an executive council (EC), to be chaired by the CEO and consisting of the COO, CFO, executive board members and select unit heads.

In order to draw a line of vision for the next generation leaders, budding leaders below the age of 30 will be part of the management council of the business units.

Infosys’ European business has been divided into industry verticals, which will be integrated within the IBUs.

The New Growth Engines IBU would focus on are Australia, China, Japan, Middle East, Canada, South America and Latin America.

In order strengthen its consulting practice, Infosys Consulting, the existing domain competency group (DCG) and various solutions groups within the units would become part of the Consulting Solutions IBU.

Without giving details, the company said there would be increased focus on R&D and commercialisation of IP.
 
Infosys, India’s second largest IT services exporter, on Wednesday announced that it has signed a multi-year agreement with Deutsche Bank.“We look forward to further strengthening our relationship with Deutsche Bank and supporting the bank achieve its goals,” Infosys’ Executive Vice President and Global Head of Financial Services Mohit Joshi said.

“Deutsche Bank is committed to applying innovative technology to enhance its efficiency and service to clients. Working with Infosys will help the bank to achieve these goals,” Kim Hammonds, Global Chief Information Officer, Deutsche Bank said.of the company unless it is required by law.
 
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