Software service major Infosys is set to become the first out of the big five information technology (IT) software companies to enter education and training business.
Infosys plans to hive off the Mysore campus popularly known as a global education centre in to a separate business arm, reports CNBC-TV18’s Kritika Saxena quoting sources.
Also read: Infosys openness backfires as missed guidance frustrates marketEssentially this arm will be into IT and BPO training and will provide services to employees across the IT sector. Infosys is essentially the first Indian IT company rather amongst the larger IT firms that are now looking at expanding IT training as a separate vertical stream altogether.
Sources said that that couple of employees from Cognizant, TCS etc are also in talks to possibly enroll for this particular course.
Official details for this arm will be finalised by around July-August. The training could take some time to start but in its official comment, Infosys has said that they are constantly exploring options to explore newer service lines.
The IT company said that they will be launching a new offering called enterprise capability and knowledge management stream to extend its deep experience in education and training marketplace.
"This reflects our continued focus to move up the value-chain and further strengthen our strategic partnership with our clients. We will share more details of our new offering in due course of time. The Global Education Center at Mysore continues to be our apex-training center. We have no plans to transform this globally renowned corporate university into a separate business unit. Any claims to the contrary are inaccurate," the company said in a response to CNBC-TV18 query.
It is yet to be seen what kind of finances will come in and what kind of capacity this campus will drive out if the courses start.
Infosys Mysore campus with a built-up area of 440,735 sq ft., GEC I has 52 training rooms, 183 faculty rooms and a state of art library that can accommodate 60,000 books. GEC II has eighty four 100 seater, three 200 seater, six 60 seater and two 36 seater class rooms,5 examination halls and 302 faculty rooms. The Mysore campus can train 14,000 employees at any given time.
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