MindTree has decided to restructure its business into five independent business units under different CEOs as it looks to rapidly expand each of these segments. Effective April 1, the proposed restructuring will see the CEOs report to the group CEO.
The five units are IT services, product engineering services which include research and development.
(R&D) and outsource product development (OPD), testing, infrastructure management and technical support (IMTS), and a new area called knowledge services. Currently, MindTree has two business units — IT services contributing 79% in revenues and R&D 21%.
Friday, March 20, 2009
MindTree to split biz into 5 units
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment