Infosys to split itself into 12-15 smaller business units: Report

09 Sep 2016

In a massive reorganization, Infosys is reportedly splitting itself into 12-15 smaller business units, each with revenue of $500 - $700 million, its own sales heads and P&L (profit & loss) responsibilities. The move will help the company in better market penetration and in client management.

Currently, the organization is divided into four large verticals-banking & financial services and insurance, with $3 billion in revenue; retail & life sciences, with $2.3 billion; manufacturing & hi-tech, with $2.2 billion; and energy & utilities, communications and services, with $1.9 billion. Each of these will be split into smaller units.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

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