The company has decided to focus on four vertical segments: financial services, telecommunications, travel and transportation, and technology products and solutions, in the same order of preference.

The vice president, corporate planning and strategic initiatives of HCL Perot, Ms Padmaja Krishnan, told eFE that the restructuring exercise would be an evolutionary process to carve out separate divisions in vertical industry segments. Finance and telecommunication have been chosen as priority areas to be developed as independent knowledge domains this financial year, she added.

"The re-organisation process is aimed at bringing more focussed approach to the vertical segments, developing knowledge bank in respective business domains and making entire operation more responsibility oriented," said Ms Krishnan adding that the company already has competency groups which need to be nurtured in standalone units.

"These independent business units will be evolved through incubation process over a period where they will continue getting necessary support from all other divisions but simultaneously become self-sufficient," added Ms Krishnan.

HCL Perot Systems charts out recast In fact, HCL Perot has also gone through the same cycle as it was first incubated and later supported by its parent companies before becoming self-sufficient, she said.

Explaining the existing set up, Ms Krishnan said that the organisation is structured in two parts and works on a matrix. One part is based on the business development and divided as per geographies having operations in the US, Europe and Asia. The other is a delivery organisation which includes all the development centres and competence centres involved in production.

Asked about the rationale behind selecting the verticals, Ms Krishnan said, "We have chosen financial services and telecommunication as preferred sector as they have the largest customer base looking for technology-enabled business solutions. In fact, these segments are using information technology to get the optimum advantage in their business." She added that the travel and transportation business having geographical spreads across the globe offers tremendous opportunities for technology-based business solutions. And, the migration of business processes of existing brick and mortar companies to technology-based processes has also created a huge demand for migration products and solutions, she added.

After acquiring SEI-CMM Level 5 for its development process, HCL Perot is now working on achieving the People-Capability Maturity Model (P-CMM) this year. "We are in the process of rolling out our people programs to align with the P-CMM guidelines and targeting for assessment during this year," said Ms Padmaja Krishnan, vice-president, corporate planning and strategic initiative. P-CMM defines the maturity level of an organisation in terms of the People Programs in place. will see initiatives in the mass end of the market and at the same time.