Infosys Sharpens India Focus
The Wall Street Journal
Sep 12, 2008
Infosys Technologies which is a one of India’s biggest software exporters has decided to branch out and has been involved with 3 IT projects in North America and other parts of India. The company is trying to gain on the local competition of Tata Consultancy Services Ltd. and IBM. More outsourcing is starting to come into this part of India and Infosys wants to be able to cash on the quick moving outsourcing contacts. Infosys get 1.3% of its revenue from India and 63% from North America. With these new deals Infosys will be able to up their earnings to about $333 million in the public sector of the IT industry. India has been the fastest growing nation within the last 20 years with over 1.2 billion people and will continue to grow. Teaming with the Ministry of Power of the Government of India, Infosys will help advance IT solutions for the generation, transmission and distribution of power. They will help create a streamline for the power sector of India and provide an application for a more consumer-friendly atmosphere. CEO Kris Gopalakrishnan also sees an opportunity of a lifetime that will come out of the financial crisis. According to Kris, “mergers of companies will require IT integration. Restructuring of financial services companies will open opportunities for the IT industry. With the vast outsourcing of U.S companies to that of India and China, Infosys will be able to take control of that market. Onfosys has also added new service lines such as consulting and package implementation, business process outsourcing, infrastructure management, and testing and systems integration. Bharti Airtel, India's leading integrated telecom services provider, has entered into an innovation and technology partnership with Infosys Technologies to deliver customer experience to the customers of Airtel digital TV, its Direct-To-Home TV service. As part of its Digital Convergence Platform, Infosys will provide a suite of products including devices, application servers and interactive applications that will focus on providing an enhanced digital lifestyle to Airtel digital TV customers.
Infosys diversity in different sectors of certain industries and developing new partnerships has helped made it one of the premiers IT companies in the world.
Will Appelt
1 comment:
After reading this blog, I am still a bit confused as to what Infosys is. I do not know what technology is being used, it seems that an existing company is merging with others to expand but I am not sure what is particularly new about this plan. However, I think it is great that more jobs are being offered to the people of India and think that this plan seems as though it will benefit the people of India. I wonder whether this advancement is intended for distribution and use outside of India.
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