3i Infotech Strengths, Domain Expertise, and Key Differentiators
3i Infotech is a global IT company committed to Empowering Business Transformation offering a comprehensive set of IP based software solutions (20+), coupled with a wide range of IT services. 3i Infotech addresses the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management (BFSI). The company also provides solutions for other verticals such as Government, Manufacturing, Retail, Distribution, Telecom, and Healthcare.
3i Infotech Recent Developments
In November 2021, 3i Infotech entered new business segments: Cloud First, Digital Business Services, Digital Transformation Consulting and NextGen Business Services; while on the operations side, it has created new marketing, revenue assurance, and strategy process. 3i Infotech with its new innovative technology solutions including Cloud First NuRe offerings, BPaaS & KPaaS platform solutions, Artificial Intelligence & Machine Learning, Industrial IoT, 5G powered Cognitive Computing and Blockchain services will look to pave the way for digital transformation in all businesses.
In 2020, 3i Infotech has launched Remote Worker as a Service, as part of its Altiray Services. This VPN-as-a-Service is a unified secure access gateway that facilitates remote working from anywhere and anytime by hosting any on-premise server or application. It also enables organizations to move to the cloud with ease, and embrace Bring Your Own Device (BYOD) and mobility in a hybrid IT environment.
3i Infotech launched Maggie – a Virtual IT Engineer. Maggie is part of a cognitive service desk that promises to help contact centers to address hundreds of user requests simultaneously of the digital-age users anytime, from anywhere.
3i Infotech Mergers and Acquisitions (M&A) Activities
Samara Capital in talks to acquire 3i Infotech.
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
Ownership: - NSE: 3IINFOTECH
Number of Employees: 5200
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Media, Professional Services, Retail,
3i Infotech Key Enterprise and Cloud Applications
Nure, Altiray Services, EnGRC
3i Infotech Revenues, $M:
|Type/Year||2020||2021||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:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
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||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
3i Infotech Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
3i Infotech Customers - Breakdown by Geo, Size, Vertical and Product
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 provides technology solutions to over 1500 customers in more than 50 countries across 5 continents, spanning a range of verticals.
3i Infotech Market Opportunities, M&A and Geo Expansions
At the end of 2020, 3i Infotech entered into definitive agreements to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion. The Software Products business will be acquired by a newly formed company named Azentio Software, wholly owned by the Apax Funds. The newly formed Azentio Software will be supported by Apax Funds, with increased investments in R&D and sales and marketing. Azentio Software will focus on investing in its current product portfolio, launching new products, and providing best-in-class service levels to all customers. The Apax Funds will also use Azentio as a platform to do M&A across the BFSI software space in the region.
3i Infotech Risks and Challenges
Enterprise application assets could determine 3i Infotech's ability to differentiate itself from other Indian systems integrators. 3i Infotech (Western Europe) Limited and 3i Infotech (Flagship - UK) Limited were sold to Objectway UK Limited.
3i Infotech Ecosystem, Partners, Resellers and SI
In 2020, 3i Infotech Limited partnered with OPES Software, a global provider of investment management solutions for the financial services industry. The new partnership will jointly offer complementary software suites and associated professional services, to banks and financial services institutions worldwide, with an initial focus on the Americas and Caribbean region.
3i infotech does most of its sales via direct sales force. On the other hand, it has a strategic partnership with: Microsoft, Oracle, HP, IBM, Cisco, ImageRight, Symantec, InterSystems, RedHat, MentiSiftware, Dell, Hitachi, Lenovo, Tableau, Amazon Web Services, and CRMNext.
3i Infotech Cloud Infrastructure Insights
Subscribe to read more about:
- 3i Infotech Public Cloud and Infrastructure (IaaS)
- 3i Infotech Platform (PaaS)
- 3i Infotech Application Delivery
- 3i Infotech Private Cloud and Data Centers
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:https://www.appsruntheworld.com/About Us
Copyright © 2022, APPS RUN THE WORLD