Infy: The Workadia adventure - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Infy: The Workadia adventure

Jun 8, 2001

Infosys has recently invested Rs 102 m (US$ 2.2 m) into a new venture name Workadia. The others that are involved in the venture are American Express, TIBCO and WestBridge Capital Partners. Letís take a look. Workadia will provides companies with customizable business intranets using which companies will benefit in terms of substantial internal cost savings and improve employee productivity. Central to Workadia's solution set is the Workadia hosted intranet portal, a powerful online work environment designed to help companies deploy web-based solutions to their employees rapidly and efficiently. Through the Workadia portal, employees can access their company's critical information and applications, including: e-mail, eMeetings, calendars, industry news, financial reporting, sales force applications and much more.

Increasingly as information gets more and more critical for success, organisations will be looking for solutions to unlock internally and externally stored information, and provide users a single gateway to personalized information needed to make informed business decisions. Therefore, Workadia will work to provide a bridge between the personnel productivity software and enterprise management software. The corporate intranet solutions that Workadia puts up will provide users with on-line access to applications and services they need to perform their jobs.

To accomplish such goals, the corporate intranet needs to integrated with the existing customer relationship management (CRM), e-Business management, information technology, human resources, financial, and other corporate tools. This is where Infosys comes in, as it will provide the integration services for all these software. The application development for the intranet is also being done by Infosys, which has put up a separate team of a little less than 100 professionals.

The company will generate revenues from three primary sources: licensing fees from customers, consulting fees, and third party product and service sales. The company plans to focus on organisations in the US that are in need of complete business Internet service. The company has already signed up American Express as it first customer.

The market size for such solutions in 1998 was estimated to be US$ 4.4 bn, is expected to grow to a size of US$ 14.8 bn by 2002 according to tdan.com (a newsletter on data administration). Already organisations have started tying up portals like Yahoo and AOL for buying information relevant to them. The corporate intranet has evolved into EIPs (enterprise information portal) that provide users with personalized and role-based views of corporate information.

Undoubtedly information will make the difference between success and failure in new economy; therefore, organisations will have to invest in enterprise information portals. But considering the market conditions it is doubtful that organisations will be spending money on solutions like these. Therefore it might be sometime before Workadia gets clients. As far as Infosys it concerned pay back starts right now, as it will get revenues from developing solutions for the company.


Equitymaster requests your view! Post a comment on "Infy: The Workadia adventure ". Click here!

  

More Views on News

INFOSYS 2019-20 Annual Report Analysis (Annual Result Update)

Aug 5, 2020 | Updated on Aug 5, 2020

Here's an analysis of the annual report of INFOSYS for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of INFOSYS. Also includes updates on the valuation of INFOSYS.

INFOSYS Announces Quarterly Results (1QFY21); Net Profit Up 12.4% (Quarterly Result Update)

Jul 16, 2020 | Updated on Jul 16, 2020

For the quarter ended June 2020, INFOSYS has posted a net profit of Rs 43 bn (up 12.4% YoY). Sales on the other hand came in at Rs 237 bn (up 8.5% YoY). Read on for a complete analysis of INFOSYS's quarterly results.

INFOSYS Announces Quarterly Results (4QFY20); Net Profit Up 6.3% (Quarterly Result Update)

Apr 21, 2020 | Updated on Apr 21, 2020

For the quarter ended March 2020, INFOSYS has posted a net profit of Rs 43 bn (up 6.3% YoY). Sales on the other hand came in at Rs 233 bn (up 8.0% YoY). Read on for a complete analysis of INFOSYS's quarterly results.

INFOSYS 2018-19 Annual Report Analysis (Annual Result Update)

May 21, 2019 | Updated on May 21, 2019

Here's an analysis of the annual report of INFOSYS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of INFOSYS. Also includes updates on the valuation of INFOSYS.

More Views on News

Most Popular

How the 8-Year Cycle Can Help Identify Multibaggers (Fast Profits Daily)

Sep 11, 2020

This is how you can apply the greed and fear cycle in the market to pick stocks.

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

This Could Be the Best September for Auto Stocks (Profit Hunter)

Sep 11, 2020

Here's why I think this month could be a great for auto stocks.

What Do the Charts Say About Buying Smallcaps Now? (Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

INFOSYS SHARE PRICE


Sep 23, 2020 (Close)

TRACK INFOSYS

  • Track your investment in INFOSYS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

INFOSYS - IBM COMPARISON

COMPARE INFOSYS WITH

MARKET STATS