Bangalore: Due to long implementation cycles and more time investments, Infosys plans to shift from Government deals which cover up to 90 percent of the company’s revenue in its home market.

The Times of India reports that the government’s deals take too much time and longer implementation cycles, which pressurize the company. This further results in cancellations of U.S. and Europe based markets from which Infosys earns 85 percent of its revenue.

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Adding to it, earlier reports from ET stated that projects which involved several thousand crores of Rupees delayed, as bureaucrats feared in signing off all spending decisions, due to several corruption scandals during the year.

According to V Balakrishnan of Infosys who spoke to TOI, it is the best time for the company to aim at diverting towards the private sector as it has sufficient government business in the Indian order book and deal pipeline to keep the driving force at least for a year. The company is also looking for opportunities in energy and utilities besides the retail and telecommunications sector.

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Balakrishnan who was the Chief financial Officer of Infosys stepped down recently in October followed by Rajiv Bansal taking his position. The co-founder and chairman emeritus N R Narayana Murthy is considering Balakrishnan to be the next CEO after the term of current CEO, Shibulal.

Showing up later in India’s $10 billion IT services market, Bangalore based Infosys now faces cut throat competition against other early movers like IBM, Tata Consultancy Services and Wipro.