3i Infotech Strengths, Domain Expertise, and Key Differentiators
3i Infotech boasts a comprehensive set of IP-based software solutions, catering to various industries, including BFSI, Government, Manufacturing, Retail, Distribution, Telecom, and Healthcare.
The company's domain expertise and a wide-ranging product portfolio enable it to address dynamic requirements across multiple industry verticals, establishing it as a reliable technology partner.
Moreover, 3i Infotech's incorporation of AI and ML features into its offerings enhances the value proposition for its customers by providing intelligent and data-driven solutions.
3i Infotech Recent Developments
In 2022, 3i Infotech made significant expansions into new business segments, including Cloud First, Digital Business Services, Digital Transformation Consulting, and NextGen Business Services. Concurrently, the company underwent operational enhancements by implementing new marketing, revenue assurance, and strategy processes. Leveraging its latest innovative technology solutions, 3i Infotech now offers a comprehensive suite of offerings, such as Cloud First NuRe solutions, BPaaS & KPaaS platform solutions, Artificial Intelligence & Machine Learning, Industrial IoT, 5G powered Cognitive Computing, and Blockchain services. These cutting-edge solutions aim to spearhead digital transformation across various industries.
Furthermore, in 2020, 3i Infotech unveiled "Remote Worker as a Service" as a part of its Altiray Services. This VPN-as-a-Service serves as a secure access gateway, facilitating remote work capabilities from any location and at any time. It allows seamless migration to cloud-based environments while enabling organizations to embrace the Bring Your Own Device (BYOD) concept and mobility in a hybrid IT landscape.
Another notable launch from 3i Infotech was "Maggie," a Virtual IT Engineer. Maggie operates within a cognitive service desk framework, effectively addressing numerous user requests simultaneously from digital-age users, regardless of their location.
3i Infotech Mergers and Acquisitions (M&A) Activities
Notably, Samara Capital is currently in discussions to acquire 3i Infotech, signaling the company's attractiveness to potential investors and its growth potential.
3i Infotech Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying 3i Infotech applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of 3i Infotech and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Nure, Altiray Services, EnGRC customers.
3i Infotech Overview
Tower # 5 3rd to 6th Floors International Infotech Park Vashi
Mumbai, x, 400 703, India
91 22-7123-8000
https://www.3i-infotech.com/
Ownership: - NSE: 3IINFOTECH
Number of Employees: 6000
Functional Markets: ERP Services and Operations,
Key Verticals: Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Professional Services, Retail,
3i Infotech Key Enterprise and Cloud Applications
Nure, Altiray Services, EnGRC
3i Infotech Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
3i Infotech Revenue Breakdown By Type, $M:
3i Infotech Enterprise Applications Revenues By Functional Markets, $M:
3i Infotech Enterprise Applications Revenues By Verticals, $M:
3i Infotech Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
3i Infotech Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
3i Infotech Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified 3i Infotech Customers
No. of 3i Infotech Customers: 1500
No. of 3i Infotech Enterprise Applications Customers: 1500
No. of 3i Infotech Cloud Customers: x
No. of 3i Infotech Cloud Subscribers: x
3i Infotech is a distinguished global IT company dedicated to catalyzing Business Transformation. With an extensive portfolio of 20+ IP-based software solutions and a diverse range of IT services, 3i Infotech is well-positioned to address the dynamic needs of various industry verticals. Its primary focus lies in serving industries such as Banking, Insurance, Capital Markets, Asset & Wealth Management (BFSI), where it has established domain expertise. Additionally, the company extends its prowess to cater to other critical verticals, including Government, thus showcasing its versatility and commitment to empowering businesses across various sectors.
3i Infotech Market Opportunities, M&A and Geo Expansions
The designation of Ranjit Balakrishnan as the Global Chief Sales Officer marks a crucial juncture for 3i Infotech. Renowned for his proficiency in catalyzing revenue expansion and elevating business worth, Ranjit is poised to concentrate on the deployment of 3i Infotech's cutting-edge digital solutions, spanning Cloud, Digital IMS, Edge Computing, AAA to Future Tech.
Towards the conclusion of 2020, 3i Infotech took a decisive step by entering into definitive agreements to divest its Software Products business to funds advised by Apax Partners, with the transaction amounting to a substantial INR 10 billion. The Software Products business will be seamlessly transitioned to a newly established entity, Azentio Software, which will be wholly owned by the Apax Funds.
Under the backing of Apax Funds, Azentio Software is poised to receive augmented investments in research and development, as well as sales and marketing efforts. The primary focus of Azentio Software will revolve around enhancing its current product portfolio, introducing novel offerings to the market, and consistently delivering top-notch service standards to its esteemed customer base. Additionally, the Apax Funds intend to leverage Azentio as a strategic platform to pursue mergers and acquisitions, specifically in the BFSI software domain within the region. This strategic move reflects 3i Infotech's keen approach to optimizing its business focus and leveraging specialized expertise to drive future growth.
3i Infotech Risks and Challenges
The differentiation of 3i Infotech from other Indian systems integrators may hinge significantly on its enterprise application assets. Notably, the company recently completed the divestiture of 3i Infotech (Western Europe) Limited and 3i Infotech (Flagship - UK) Limited, which were successfully acquired by Objectway UK Limited. This strategic move reflects 3i Infotech's commitment to optimizing its business portfolio and further consolidating its position in the industry. By strategically managing its enterprise application assets, 3i Infotech aims to strengthen its competitive advantage and solidify its unique positioning among its peers in the market.
3i Infotech Ecosystem, Partners, Resellers and SI
3i Infotech's NuRe Bharat Network Consortium, in collaboration with RailTel, is more than a technological endeavor; it is a commitment to inclusivity and empowerment. Coupled with robust cybersecurity measures and strategic ecosystem partnerships, this initiative stands as a beacon of progress in connecting India's rural regions to the vast opportunities offered by the digital medium. As NuRe Bharat Network unfolds, it promises to redefine the digital landscape, ensuring that no community is left behind in the journey towards a connected and empowered India.
3i Infotech Limited forged a strategic alliance with OPES Software, a renowned global provider of investment management solutions catering to the financial services industry. This collaborative venture aims to deliver a comprehensive suite of complementary software offerings and associated professional services to banks and financial institutions worldwide. The partnership's initial focus will be on servicing clients in the Americas and Caribbean region, emphasizing the companies' commitment to expanding their market presence in these regions.
In its sales approach, 3i Infotech predominantly relies on a direct sales force, enabling personalized interactions with clients and ensuring tailored solutions. Additionally, the company has established strategic partnerships with industry-leading organizations, including Microsoft, Oracle, HP, IBM, Cisco, ImageRight, Symantec, InterSystems, RedHat, MentiSiftware, Dell, Hitachi, Lenovo, Tableau, Amazon Web Services, and CRMNext. These collaborations showcase 3i Infotech's commitment to harnessing synergies with key technology players and delivering integrated solutions that address diverse customer needs.
3i Infotech Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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