The computer software industry comes under Technology group. It’s a Non-commodity type industry.

Industry Strengths

Ability to adapt to latest technology available in the market and acquire different skill sets required for execution of orders of international customers.
Availability of IT education
Availability of comprehensive solutions to customers due to increasing skills and strategic relationships.
Emergence of local demand for software products in sectors like medical, law and all types of commercial establishments.

Industry Weakness

High staff cost and attrition due to increased competition amongst software companies
Negatively impacted due to strengthening of Indian Rupee
Business gets impacted due to weak developed nations economic growth

Growth Drivers

Global economic growth which has surged demand for computers as well as computer applications
Growth in the number of young IT professionals in the country
Growth in industries such as banking, financial services, telecom and manufacturing which has increased demand for software application.
Increasingly used in new areas such as mobile, retail, media, healthcare and transportation

Infosys is the second largest IT services company in India providing consulting and IT services to clients globally. It is also among the fastest growing IT services organization in the world and a leader in the offshore services space with a pioneer in Global delivery model.

Infosys provides business consulting, application development and maintenance and engineering services to 1,164 active clients spread across Banking, Financial Services, Insurance, Retail, Manufacturing, and Utilities verticals and 50 countries. The company has also its own proprietary core banking software - Finacle used by some of the leading banks in India, Middle East, Africa and Europe.

Segments and Products

Its segments are

1.Financial Services and Insurance (FSI),
2.Manufacturing and Hi-tech (MFG & Hi-TECH),
3.Energy & utilities,
4.Communication and Services (ECS),
5.Retail, Consumer packaged goods and Logistics (RCL), and
6. Life Sciences and Healthcare (LSH).

The Company, along with its subsidiaries, provides
business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management.

Its consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies.

Its products include business platforms and solutions to accelerate intellectual property-led innovation, including Finacle which is its banking solution, and other offerings in the areas of Analytics, Cloud and Digital Transformation.