In an effort to rejuvenate growth in its manufacturing business vertical, Infosys has gone in for a rejig.
This rejig involves sharing of responsibilities amongst three of its executive vice-presidents, in the backdrop of its manufacturing vertical head, Sanjay Jalona, quitting the company.
“Duties will be shared by Rajesh Murthy, Sandeep Dadlani and Manish Tandon as the company is looking to streamline operations more effectively when it comes to sales,” said two sources familiar with the matter. However, on the project delivery side, operations will remain the same, added the sources.
Further, Tandon, who heads healthcare, insurance, life sciences and high-tech, will have the additional responsibility of looking into some aspects of manufacturing. Similarly, part of the responsibility will be handled by Murthy, who apart from being the energy and utilities head will also look at telecom equipment manufacturing portfolio.
The remaining manufacturing portfolio will be looked after by Dadlani, who continues head retail, CPG, logistics, automotive, aerospace, core and industrial manufacturing for Americas. When contacted, an Infosys spokesperson declined to comment.
These developments are happening at a time when the company has had a steady performance, with manufacturing being the second largest vertical, after banking and financial services. In the quarter ended June, manufacturing contributed 23.6 per cent of its revenues, or $1.8 billion in size, up marginally on a sequential as well as year-on-year basis.
However, manufacturing on the ground is undergoing rapid changes, with increased technology usage such as sensors that can monitor almost every aspect of machine performance. “These developments are necessitating a change in approach from service companies as the traditional way of selling, based on maintaining applications or writing codes are no longer resonating with manufacturing companies,” said Sanjoy Sen, a Doctoral Researcher, Aston Business School.
According to Suresh Acharya, Vice-President of Product Development at JDA Software, as large amounts of machine data get created, companies are looking at using this information that can help manufacturers improve margins, energy efficiency and sustainability, address regulatory concerns, and increase product quality and reliability.