in a rejig aimed at making the company agile and sharpen client focus, IT services major Infosys on October 16, 2016 split its four large industry verticals into 15 smaller units. The objective is to give its presidents more time to build CXO-level relationships and strategy to improve sales, than be bogged down by internal operational matters.
15 smaller industry units, each with $500-$70( million in revenue, will have a separate head, and profit fi loss (PILL) responsibilities. Its four large verticals now are banking 6t financial services and insurance (BFSI), with billion in revenue; retail €t life sciences, with $2.3 billion manufacturing a. hi-tech, with $2.2 billion; and energy f utilities, communications and services, with $1.9 billion.
15 smaller industry units, each with $500-$70( million in revenue, will have a separate head, and profit fi loss (PILL) responsibilities. Its four large verticals now are banking 6t financial services and insurance (BFSI), with billion in revenue; retail €t life sciences, with $2.3 billion manufacturing a. hi-tech, with $2.2 billion; and energy f utilities, communications and services, with $1.9 billion.
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