Infosys to participate in bids for public sector deals

BANGALORE: IT major Infosys on Thursday said that it would be participating in the bidding process for major deals in the public sectors and "strategic and transformation" deals in the private sector.

"We will be participating in the bid for BSNL, Indian Railways and for the e-commerce platform of the Ministry of Commerce", Binod H R, Senior Vice President, Indian Business Unit, Infosys, told reporters on the sidelines of a function to announce renewal of LIC group policy for its employees.

The bid for BSNL would be for its billing system while in the railways Infosys was looking at bidding for deals related to Locomotive Management System relating to management and scheduling of lomotives and management of the HR processes.

The ministry of commerce bid was related to the e-commerce platform, integrating various departments, he said.

These are large deals of multiyear contract for maintenance period ranging up to five years.

"We are interested in large public sector deals and would be bidding for the same as and when they arise", he said.
In the private sector, Infosys, would be interested in bids for deals that were "strategic" and "transformational" in nature.

Speaking on the banking sector where the first stage of most banks adopting core banking had almost been completed, he said the next stage would involve improving efficiency, integrating other components into core banking and enhancing value and ensuring scalability.

"It would be a continuous process where banks would ensure IT support before rolling out new products", he said.