PTI

New Delhi: Global IT major IBM is targeting the infrastructure companies which are now focusing on information technology to increase their productivity.

“As companies have started to look at IT as a necessity, the opportunity we see in this is to serve as a strategic business partner,” said IBM India & South Asia Global Business Services Managing Partner Sandip Patel.

At present, the technology spend by Indian construction and steel companies is about 1.5 to 2% of their annual turnover, said Patel.

The IT major plans to develop better practices and processes apart from offering IT services that will drive the growth of these companies in a competitive market.

“We are partnering with companies in the infrastructure space for supply chain consulting, systems and applications,” adds Patel.

The company is also helping the infrastructure and real estate players in HR, sales, marketing finance, accounting, business strategy, supply chain, logistics and procurement.

Also, with Indian infrastructure companies expanding their business to the global markets like Middle East, Africa and other growth markets, IBM believes these companies would make use of technology to bring in the best processes and practices to drive growth.