Looks to achieve revenue growth of $1 billion by 2030, leveraging the power of 5G, AI/ML, Analytics, and Blockchain
Mumbai: 3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH), a global Information Technology company, committed to accelerating business transformation, is positioning itself to be a future-ready enterprise through a multi-pronged approach of ‘Invent-Incubate-Innovate’. Based on a ‘Digital’ and a ‘Cloud-first’ approach, the cognitive services solution-oriented company will help in accelerating technology and product startups across the ecosystem. With strong tailwinds supporting its business and growth levers in place, the company looks to achieve organic revenue growth of $1 billion by 2030. The company, with the agility of a startup and backed by high-performing teams, aims to achieve this by creating products, platforms, and services for its clients that harness the power of 5G in Edge Computing, Cognitive AI/ML, Data Science and Analytics and Blockchain.
The new proposition at 3i Infotech is to create a future where digital transformation and business process management converge, and where technology and automation execute strategies at the highest efficiency. The growth-oriented and now debt-free company aims to be a partner of choice for clients looking to transform their digital strategy and disrupt their niches with automation. The focus will be on value to a customer, orchestrating solutions, incubating companies that harness the power of 5G. Instead of prescriptive selling to a customer, the pivot will be towards solutions in Real-time.
Thompson P. Gnanam, Managing Director & Global CEO, 3i Infotech, the company’s newly appointed leader and under whose dynamic leadership 3i Infotech is poised for the next phase of growth said, “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. As we step into a new decade of 5G data and technology, 3i Infotech envisions being the steady force to lead our clients into the new dawn of digital business services. I am a strong advocate of the fact, that what worked for the last decade will not work in the future unless we realign ourselves to digital transformation. We believe that the only way to do this is through the adoption of disruptive technology, whether it is – Artificial Intelligence, the Internet of Things, Machine Learning and so on to pave the way for cognitive transformation in all businesses.”
“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). 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 further added.
The company, backed by a strong global talent pool of over 4000 employees spread across 4 continents, has recorded a robust performance at the bourses this recent quarter, with its consolidated net profit seeing an exponential 1652.96% rise in the quarter ended March 2021 against the corresponding quarter ended March 2020. 3i Infotech continues to expand its footprint in its current markets and is now increasing its focus on advanced markets.
About 3i Infotech
Headquartered in Mumbai, India, since its inception in 1993, 3i Infotech has been committed to driving business value across multiple industry verticals. 3i Infotech, today, has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, Healthcare, Manufacturing, Retail, and Government sectors. The Company has over 4000 employees in 30 offices across 15 countries and over 1000+ clients in more than 50 countries across 4 continents. With a wide range of IT services, 3i Infotech has successfully transformed the business operations of customers globally. The Company has a very strong foothold and client base in geographies like North America, India, Asia Pacific, Middle East and Africa, Kingdom of Saudi Arabia, and South Asia.
