Infosys to lead the evolution of Global Delivery Model to next level
New Delhi, April 15, 2004: Close on the heels of its billion - dollar achievement announcement, Infosys today reiterated that it was ready for a longer marathon that started early this week. Nandan Nilekani, CEO, Managing Director and President, Infosys Technologies Ltd, addressing newspersons in New Delhi, said that the company had come a long way from receiving a loan of Rs 24 lakhs sanctioned in record time by KSSIDC and KSFC* in 1983.
Acknowledging the landmark achievement, Nandan Nilekani said, “This is not a moment to rest, but to surge towards our goal of being a multi - billion dollar organization.” He attributed the success of the company to Infosys pioneered and perfected Global Delivery Model(GDM), which changed the traditional business model of the industry. “By making GDM mainstream we have shifted the battle to our battlefield. It has become a global outsourcing standard and has helped us create and perfect the science of global project management.”
Describing the new role of Infosys as one of “proactive problem definers” rather than “reactive problem solvers”, Nandan said that Infosys would take a lead in leveraging GDM to help clients compete in their businesses. Alluding to its catalytic role in powering the company’s strategic initiatives, Mr Nilekani said, “We will bring the power of GDM to high - value services like consulting and system integration. With this objective we formed Infosys Consulting Inc which will see the evolution of new consulting paradigm emanating from the strong combination of high value added consulting with the excellence of GDM.”
Infosys Consulting Inc has been set up to offer a new consulting alternative to businesses using traditional consulting firms. For current Infosys clients, it presents an additional way to use the global delivery model to their fullest advantage, given that it is baked into the Infosys DNA.
Commenting on the next growth phase of Infosys, Mr Nilekani said that the company would focus on customer - centricity, meeting shareholder expectations and building a multi - cultural workforce - a seamlessly integrated team of talented, global professionals. The company was already geared to meet these challenges given its organization into multiple business units focused on clients’ businesses.
* KSSIDC - Karnataka State Small Industries Development Corporation Ltd; KSFC - Karnataka State Financial Corporation