Chennai, India, June 21, 2023: Orion Innovation (Orion), a leading digital transformation and product development services firm, has announced its ambitious plan to contribute 10% of its revenue growth from the Financial Services vertical in India by the end of 2024.
As part of this aggressive growth strategy, Orion is making substantial investments in building domain capabilities in core banking, open banking, payment modernization, and digital banking. Recognizing the immense potential in India’s financial services sector, the company aims to position itself as a key player in the market.
To support this growth trajectory, Orion will be significantly expanding its technology expertise in areas such as Data & Analytics, Cloud Modernization, DevSecOps, Artificial Intelligence (AI) and Machine Learning (ML), and Digital Customer Experience. There is a strong push towards strengthening DigtialOps and Digital Assurance teams. These investments will empower Orion to deliver cutting-edge solutions and services to its clients in the financial sector, enabling them to stay ahead in an increasingly digital landscape.
“Digital transformation has rapidly accelerated within India’s BFSI sector over the past decade, ushering in a new era of improved business insights, streamlined workflows, and cost efficiencies. The demand for cutting-edge technologies like artificial intelligence (AI) and machine learning (ML) has soared, presenting Orion Innovation with exceptional prospects in the Indian market. With our extensive experience in the financial services domain, we firmly believe that we have arrived at the opportune moment to leverage these advancements and make a substantial impact,” said Anoop Gala, Global Head of Financial Services at Orion Innovation.