“Infosys is merging its successful core banking product Finacle with its products and platforms subsidiary Edgeverve Systems that was established last year. Peter Bendor Samuel, CEO of Everest Group, believes it makes sense to run products differently from services. “Product companies need different investment strategies than service companies, they have different people models, needing stable, focused teams versus pyramid factories. They have different sales motions and different kinds of sales people, he said.” Read More.
