Summary
Infosys recently announced the creation of a wholly owned subsidiary: EdgeVerve Systems. The new entity will own, develop, market, and sell Infosys' Edge line of software products and solutions, previously part of Infosys' product, platform, and solutions (PPS) activity. This announcement comes at a time when the company is striving to grow its PPS revenues. This brief summarizes the announcement for CIOs; lays out what Infosys clients can expect from this new structure; and outlines what the company must do to make EdgeVerve a key enabler of Infosys' digital transformation capabilities.
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