Infosys has split itself vertically to enable it to do more work in specific business sectors, while a change of name reflects its broader remit.

Infosys, the company formerly known as Infosys Technologies, has announced changes to its business in an effort to develop closer relationships with customers and move towards more outcome-based models for charging customers.

Infosys is now split into four global business units. These are: financial services & insurance; energy, utilities, communications & services; manufacturing; and retail, consumer packaged goods logistics & life sciences.

Retail and manufacturing sectors grew the most in the latest quarter at 10% and 4% respectively. European head BG Srinivas said each vertical sector accounts for over $1bn per year of the company’s revenues, which is roughly equal to the total company’s revenue in 2004.


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