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'Invent-Incubate-Innovate' is 3i Infotech's Formula to a Future-Ready Enterprise

CIO Insider Team | Monday, 24 May, 2021
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The IT behemoth, 3i Infotech Limited, an organization dedicated to driving market change, is positioning itself to be a future-ready enterprise while using a multi-pronged strategy of ‘Invent-Incubate-Innovate’.

The cognitive services solution-oriented organization will help accelerate technology and product startups around the ecosystem by taking a 'Digital' and 'Cloud-first' approach.

The company expects to reach an organic revenue growth of $1 billion by 2030, thanks to solid tailwinds and growth levers in place.

The IT behemoth aims to accomplish this by developing products, platforms, and services for its clients that leverage the power of 5G in Edge Computing, Cognitive Artificial Intelligence (AI) or Machine Learning (ML), Data Science and Analytics and Blockchain, with the agility of a startup and the support of high-performing teams.

The new 3i Infotech proposition is to build a world in which digital transformation and business process management converge, and technology and automation execute strategies at the highest efficiency possible.

The debt-free IT behemoth aspires to be the go-to partner for clients looking to turn their digital strategy and disrupt their niches with automation.

The emphasis will be on delivering value to customers, orchestrating solutions, and incubating companies that leverage the power of 5G. Instead of prescriptive selling to customers, the emphasis will shift to real-time solutioning.

“3i Infotech is at the cusp of a new growth story, and our aim is to be a one-stop digital transformation resource for our global clientele, with a customer-first approach and a human-centric outlook”, said Thompson P. Gnanam, Managing Director and Global CEO, 3i Infotech, the company's newly named leader and under whose dynamic leadership 3i Infotech is poised for the next phase of growth.

As we enter a new decade of 5G data and technology, Gnanam envisions 3i Infotech as the steady force that will drive clients into the new dawn of digital business services.

“We want to think like a ‘Startup’ with a huge backing of our existing customers base to whom we offer our Cloud-first, Digital Inside services and work with strategic partners to build the business”, he added.

Gnanam strongly believes that the efficiency of the previous decade’s efforts would come into effect if the organization realigns itself in terms of digital transformation. He proclaims that, the only way to accomplish it is by embracing emerging technology, such as AI, the Internet of Things (IoT) , ML and other similar technologies, to pave the way for cognitive change in all businesses.

The business, which is backed by a large global talent pool of over 4000 employees spread across four continents, has had a strong showing on the stock exchanges recently, with its consolidated net profit rising by an exponential 1652.96 percent in the quarter ended March 2021 compared to the same quarter in 2020. 3i Infotech is expanding its presence in existing markets and focusing more on advanced markets.

Gnanam expressed that, “we are looking to Run, Grow and Build. Run with the existing services, Grow with disrupting digital and Build with a differentiator. We look to position digital inside our Altiray solution stack, work on Security as a Service (SASE).

It continues to grow in its current markets and is now focusing more on advanced markets by pledging to drive business value across multiple industry verticals. With deep domain experience across the BFSI, Healthcare, Manufacturing, Retail, and Government industries, today 3i Infotech has emerged as a leading name in driving the current wave of digital transformation initiatives.

“We want to think like a ‘Startup’ with a huge backing of our existing customers base to whom we offer our Cloud-first, Digital Inside services and work with strategic partners to build the business”, he added.

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