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Vertical Business Platform Services – Pushing the Envelope on the cloud !

Even as early adoption occurs of the Traditional Business Platform services in the enterprise process areas of Procure to Pay, Hire To retire , Order to cash  and Master Data Lifecycle Management, there is more opportunity and traction in vertical industry based Business Platform services.

Some of the Areas are Newspaper-in-a-box – Infosys NiAB offering which focuses on the publishing industry specific processes like circulation orders, advertising Orders and digital Orders. This is a paradigm shift for the capital starved Newspaper industry and allows them the ability to consolidate both operations and technology and also push towards more of managed shared services.
Other examples of a Vertical Business Platform services on the Cloud are the Infosys Bank-in-a-Box (BiAB) jointly with Finacle  focused on Retail Banks to  help them expand rapidly  to new geographies and enable a 360 degree View of their increasingly Mobile Global consumer.

The recent Infosys BPO announcement of going in for a definitive agreement to acquire McCamish Systems to Offer Business Platform based services for the Insurance Industry (Traditional and Non-traditional Life Insurance and annuities) is yet another solid example of how Vertical Business Platform services are indeed pushing the envelope – I mean policies on the Cloud for the Insurance sector.

Vertical Business Platform  services is the convergence of shared service operations, Industry domain expertise, best-in-class technology and global delivery and indeed further pushes the envelope on the cloud.

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