Stephanie Moore, Forrester Research
"Infosys starts from a strong position and has a value proposition that most other consulting firms do not have. Not only can it provide high-end strategy advice from top-tier US consultants, but it can also wrap affordable, high quality technology and business process solutions around its advice. The combination will be irresistible to existing and prospective Infosys customers." *
Lance Travis and Dana Stiffler, AMR Research
"The traditional consulting model is dead. The next-generation consulting model combines global delivery that capitalizes on low-cost resources with high-quality strategic consulting. Knowledge and resources must flow seamlessly between the customer's site and the service provider's global locations.. Fact is, Infosys is building the right expertise to dominate the next generation of consulting and IT." **
Barry Mason, Stephanie M. Torto, IDC
"Although most of the major Indian outsourcers claim to offer business consulting services, Infosys Consulting is the first official subsidiary created specifically to address this market opportunity in the United States and Europe....IDC believes that Infosys Consulting's plan to marry traditional business consulting with low-cost offshore technology implementation services will resonate with clients working within the confines of a tight IT budget and ready for alternatives to lengthy high-priced projects. IDC believes this approach will provide a competitive differentiator for Infosys Consulting." ***
Commenting on the benchmarks set by Infosys Consulting, Mr. Stephen Pratt, CEO and Managing Director, Infosys Consulting Inc., named as one of the top 25 consultants in the world by Consulting Magazine, said, "Our team is off to a great start. Clients and analysts are telling us that Infosys Consulting has the right consulting business model - one that is becoming the benchmark of the profession. We combine world class business consulting with a global delivery model. This approach results in a typical savings of 35% over the old model consulting projects. With the money they save, clients are able to invest more with us in business innovation, to become competitive more quickly."
"We also do consulting in a disciplined manner - data driven and with a focus on getting practical, real world business results with our clients. Our profession has strayed from its heritage of rigorous business analysis. We are bringing it back - the Infosys way, " he added.
Five of Infosys Technologies clients billed more than US$ 50 million in the last four quarters. In the next few years, Infosys hopes to have many such clients and perhaps a few entries in the "more than US$ 100 million" category as well. This requires a deliberate strategy and the scalability to service these large accounts.
Commenting on Infosys' growth strategy, Mr. Nandan M. Nilekani, CEO, President and Managing Director, Infosys Technologies Limited said, "Infosys Consulting is an extension of our belief in creating a scalable model to meet the needs of our clients. Large clients have been the engines of growth and developing large clients often means running large programs. Setting up Infosys Consulting has helped us to win and run enterprise change programs that go beyond technology implementation, to leading business change. The expanding capabilities of Infosys allow us to create more value for our clients than ever before."
About Infosys Consulting
In April 2004, Infosys Technologies announced the creation of a wholly owned US-based subsidiary, Infosys Consulting Inc., to focus on high value business and technology consulting. It services 25 clients today. Infosys plans to invest $20 million and hire 500 consulting professionals in the US and Europe over the next two years.