Very
soon, your friendly neighbourhood postman will bring along a tablet computer
when he knocks at your door, to carry out all transactions related to delivery
of cash, banking activities and a few more.
Infosys’
Vice-President and Head for India Business Raghu Cavale told Business
Line that India Post is in talks with the IT major to source hardware
and software for the next phase of its computerisation. This project will
involve sourcing of low-cost 7-inch and 10-inch tablets and the development of
apps for them. Infosys will also develop intellectual property (IP) out of its
Bangalore office for these apps.
While the
tablets will be used by the postman to enter data such as digital signatures
and a delivery challan, the apps will be used by India Post to update its
backend database in real time, helping it cut down on errors and fraud. India
Post covers about 200 million customers across India and offers small savings
schemes, postal life insurance, rural postal life insurance, pension payments
and wage disbursements.
The
postal department is looking at these solutions as a part of its modernisation
drive and to increase operational effectiveness.
Growth forecast
On its
part, Infosys sees its India business growing to about $1 billion in the next
four years. It recently bagged a key IT outsourcing and consulting deal with
India Post and another deal from the Income-Tax Department for its electronic
TDS division.
At
present, the India operations of Infosys contribute 2 per cent of its
$7-billion revenues but the software major considers India one of its key
emerging markets. This importance can be gauged from the fact that Infosys’
India business is one of the four verticals within Infosys that reports to the
board directly.
The India
Post project, which Infosys bagged recently, is worth Rs 700 crore. This
project is aimed at spreading financial services across 1.5 lakh post offices
in the country. As part of the project, Infosys will also install 1,000 ATMs
for India Post to increase the effectiveness of its delivery channel.
The Hindu Business Line, Sept 12, 2012
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