Infosys completes acquisition of Panaya, a leading provider of automation technology
A key step in renewing and differentiating our service lines
This acquisition exemplifies Infosys’ execution of its Renew and New strategy to enhance the competitiveness and productivity of current service lines by leveraging automation, innovation and artificial intelligence. Panaya’s CloudQuality™ suite will enable Infosys to leverage automation for several of its service lines through an agile SaaS model, and help mitigate risk, reduce costs and decrease time to market for clients.
Commenting on the acquisition, Dr. Vishal Sikka, CEO and Managing Director of Infosys said, “The acquisition of Panaya is a key step in renewing and differentiating our service lines. This will help amplify the potential of our people, freeing us from the drudgery of many repetitive tasks, so we may focus more on the important, strategic challenges faced by our clients. At the same time, Panaya’s proven technology helps dramatically simplify the costs and complexities faced by businesses in managing their enterprise application landscapes.”
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