Broadens senior management team
Bangalore, India - October 26, 2007
Infosys today announced that the company has reorganized its business units to anticipate changes in the global IT Industry and differentiate vis-à-vis its competitors. The reorganization, effective November 2007, will help Infosys enhance the "One Infy" experience and will in turn deepen Infosys' transformational capabilities. The restructuring will also help Infosys broaden its customer base and strengthen its current portfolio through scale benefits. The new opportunities will leverage the strengths of the next generation of leaders at Infosys.
|Industry Business Units (IBUs)||Horizontal Business Units (HBUs)|
|Banking and Capital Markets (BCM)||Consulting Solutions (CS)|
|Communications Media and Entertainment (CME)||Enterprise Solutions (ES)|
|Energy, Utilities and Services (EUS)||Infrastructure Management Services (IMS)|
|Insurance, Healthcare and Life Sciences (IHL)||Product Engineering and Testing Services (PETS) - PED, PLES, IVS|
|Manufacturing (MFG)||Systems Integration (SI)|
|Retail, Consumer Product Goods and Logistics (RETL)|
|New Growth Engines (NGE)|
|India Business Unit ( IND)|
Commenting on the advantages of restructuring, Mr. Kris Gopalakrishnan, CEO and Managing Director, Infosys Technologies said, "Over the last several years, Infosys has grown significantly and has been universally recognized as a highly customer-focused, world-class corporation. Today, we are at the cusp of becoming a US$ 4 billion organization. There is a need to realign to create a structure that can meet the new challenges of our strategic direction, increased customer expectations and higher levels of competition. I am confident that this reorganization will enable us to compete better in the global markets."
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 80,000 employees in over 40 offices worldwide. Infosys is part of the NASDAQ-100 Index. For more information, visit www.infosys.com.
For further information, please contact: PR_Global@infosys.com