Infosys creating smaller biz units to improve mkt penetration

Country's second largest software services firm Infosys is creating smaller business units, headed by a new line of leaders, as part of its efforts to improve market penetration and client management.

"We are expanding the bandwidth of our current presidents by creating smaller business units of USD 500-USD 700 million headed by our next line of leaders. This will help us in better market penetration and in client management," Infosys CEO Vishal Sikka said at a recent analyst meet.

He, however, did not comment on the number of units that would be created or the people who would head these entities.

Sikka said the move will help its four presidents in addressing "longer term strategic levers and accelerate the new services".