Infosys Engineering Services Analysts and Advisors Meet 2021 – High Speed Barrel Roll in Innovation, Emboldening Engineering Triumphs Across Verticals

Infosys’ Engineering Services practice represents one of the company’s core businesses with an annual turnover of approximately US$1 billion. It has been identified as one of the fastest-growing service lines in the organization. The company defines engineering as the intersection between physical and digital economies and has been exploring ways of orchestrating their capabilities for client value.

Presently, with the global engineering spend at approximately US$1.6 trillion and only a small chunk of around 8 percent outsourced, the company notes that global engineering and R&D (ERD) services are a significantly untapped market. This is unlike the growth trajectory of technology and traditional IT services, which is gradually plateauing. And, as outsourced functions are mostly being executed through captives of large enterprises, there is not much involvement of the system integrator (SI) fraternity. With core engineering spend increasing year over year by 7-8 percent, ISG expects outsourcing to increase further, enabling ERD service providers to compete in a much bigger way.

At its annual Engineering and R&D Analyst Day event, Infosys laid out its vision for evolving its engineering practice into a multi-faceted business that spans verticals and horizontals. With a legacy of more than 28 years’ experience, over 300 clients, operations across 40 plus countries, a large workforce of around 15,000 engineers and fair gender diversity with women constituting 37 percent, Infosys presents a balanced portfolio of traditional and next-generation services.

The company has been working extensively on shop floor and integrated product development transformations. It also is bringing together electrical, electronic, mechanical, embedded and software components along with the conventional mechanical, electronics and electrical engineering around disciplines of SCADA. It is combining manufacturing execution systems (MES) and product lifecycle management (PLM) with cutting-edge machine-tomachine (M2M) connectivity and artificial intelligence (AI)-driven insights. The insights act as the driving force behind the underlying product and manufacturing engineering for the Internet of Things (IoT) stratagem.

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