Infosys creates new service lines to drive growth

Written by Kirtika Suneja | New Delhi | Updated: Mar 13 2012, 09:32am hrs
The countrys second largest information technology (IT) company Infosys Technologies is revamping its business and IT services vertical by creating a new set of services cutting across existing offerings. Integrated services like infrastructure testing, information risk and compliance management and cloud-based testing are a few services which the firm has rolled out.

We have rolled out 5-6 integrated services which combine development, management and testing of applications and infrastructure and sometimes business process outsourcing. The new services will give incremental revenues to the vertical which is growing in line with the company, said Infosys global head of business IT services Chandrashekar Kakal .

At present, the business-IT services at Infosys consist of application development and maintenance, infrastructure management, independent validation and testing, business process management and product engineering services. It contributes 64.3% of the company's revenue and has 60,000 employees and clocked two $500 million deals in the previous quarter.

The integrated services are a part of the business revamp at Infosys after which it categorised the deals into change the business, run the business and innovation comprising new technology models and platforms which is 5% of Infosys contracts.

The new integrated services are expected to get deals in the $150 million range for a span of 3-4 years from banking, insurance and manufacturing

verticals.

Besides, the IT major has set up a centre of excellence for user experience at its Mysore campus for rolling out such integrated services to the rest o 35.7% of the business and has hired close to 100 people with varied profiles for this.

We are hiring people from architecture and design background who can create new services from the intersection of existing ones around consulting, system integration, products and platforms which is the rest of business, Kakal added.