Giving a glimpse of his plans for the next few months, new iGate Corp chief executive Ashok Vemuri said that a new vertical will be created to tap into the US healthcare outsourcing market and making a stronger push for consulting revenue, Mint reported. The report quotes Vemuri as saying, “We have to be on site as we need to be closer to the client. These are transactions where our being near shore is critical to their progress.” He added, “We’re a mile wide and inch deep—I want to convert that to a mile deep and inch wide.”

According to the report, he also said, “There are certain service lines and verticals that we believe are maybe not the right ones for us to operate, including certain geographies. So we’re taking a hard look at some of the businesses we’re in.”

The report quotes him as saying, “We are going to convert healthcare into a specific vertical and invest in that. We believe that’s a huge opportunity.”

Read the complete report here