BANGALORE, INDIA: IT bellwether Infosys Technologies is most likely to bring a major restructuring in the company. Infosys is looking at consolidation among the horizontal segments, and going back to the good old days where division was on the basis of the geography and not technology.
Looking at the present market scenario, Infosys is most likely to consolidate its various business units under one, and segment the entire $5.7 billion big company on the basis of geographies.
According a sources close to the development, there would be five major geographies that could likely be defined as USA, UK/Europe, France, India and emerging markets.
Around a decade back (2000), when the company was riding the crest of growth, it took the strategic decision of Flat World, that defines, designs and delivers technology-enabled business solutions.
In 2003, it re-organized on the basis of industry and competency group, forming six industry vertical units and enterprise capability groups, including SETLabs.
Its offerings span business and technology consulting, application services, systems integration, product engineering, custom software development, maintenance, re-engineering, independent testing and validation services, IT infrastructure services and business process outsourcing.
Interestingly, the members of the executive council would now be responsible for the geographies. The present members of the executive council are: B. G. Srinivas, senior vice president, manufacturing, product engineering, product lifecycle and engineering solutions. He would look at Europe/UK.
Ashok Vemuri, senior vice president and global head, banking and capital markets, strategic global sourcing, might look after the Western region, while Chandra Shekar Kakal, senior vice president and global head, enterprise solutions, would look after the domestic market.
On contacting, however, Nandita Gurjar, senior vice-president and Group Head of HR at Infosys, declined to comment and said that there would be no such change and no reorganization.
According to the information gathered, starting mid of this month, Infosys would see a huge reshuffle at the delivery manager level, where the managers of retail would be moving to telecommunications or BFSI or any. The enterprise solution, which till date was Kakal's baby, would most likely be dissolved.
According to the quarterly announcement of Q3 2010-11, the North America region grew by 4.3 per cent sequentially, while the Europe region grew by 6.3 per cent and rest of the world grew by 16.1 per cent.