Infy sets the rules of the game!

CHENNAI: New Game. New Rules. With this theme in place, IT major Infosys kickstarted this year's analyst meet at its sprawling Sholinganallur facility in Chennai. Most of the presentations centered around the changing face of the IT deliverables enterprises expect in the present day and how Infosys, is poised to meet the challenges through the Global Delivery Model (GDM).

As CEO of Infosys, Nandan M Nilekani it, " Value creation is the top most requisite in winning the game, and GDM is the core to how clients leverage the technology for business, not just work done offshore, for GDM leverages global capacity, global talent pools and strengths."

According to Infosys COO, S Gopalakrishnan, " The enhanced maintenance initiative at Infosys is one such value proposition that is aimed at creating a differentiated product in an increasingly commoditized market at the same time, reducing costs and risks. In terms of scalability, it has happened through rapid acquisition of talent. This has resulted in the record growth of the Infoscian community."

While the company's top management focused on the macro part, the practice and the geographical heads talked about the company's strengths in various enterprise domains and the vertical challenges. For instance, Infosys Enterprise Solutions VP, C Kakal spoke on yesterday's wisdom and today's realities. He touched upon Infosys' various enterprise solutions and its capabilities, and said that the enterprise solutions revenues have grown more than the manpower growth, with a CAGR of 77 percent as against the HR growth of 68 percent in the last four years.

Meanwhile, Infosys APAC VP, V Sriram spoke about the market opportunities for Infosys in geographies like Japan, China and Australia. According to him, Japan has lots of legacy systems that represent a big growth driver. Meanwhile in Australia, the company has 30 clients since it started operations in 1999. In China the company will be targeting majorly the MNC's and other enterprises. "We are currently in the investment mode in China and in an integration mode in Australia," added Sriram.

Are European IT markets different from Asia? According to B.G Srinivas, vice president, Europe, Infosys, Europe used to be a highly fragmented market that is seeing consolidation in the recent times due to political changes. "We have shifted the paradigm in the market place away from body shopping towards a more mature, managed services approach in Europe," he added.

For Infosys, financial service is one of the biggest verticals grossing over 34 percent of the company's revenues. According to Infosys banking business unit senior VP, Girish Vaidya, "The key imperatives of vendors in the financial service space today are support end-to-end solution with a best of breed approach, flexibility leading to lower time to market and offering better RoI through strong implementation and support capability. The key rules of the game here are risk, growth, efficiency and agility. We are able to minimize risk, maximize the latter three rules through Finacle."

The analyst meet ended with an open house with the top management team, and at the end of the day it became clear that Infosys is going to work hard and play hard the game with new rules that will propel it to the next level of growth.

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