Bangalore, India, Sept. 17, 2007:
Bangalore, India and Fremont, California, August 07, 2002: Infosys Technologies, a world leader in consulting and information technology services, has successfully developed a process engine to demonstrate Business Process Modeling Language (BPML) technology.
BPML is a specification for modeling end - to - end business processes from the Business Process Management Initiative (BPMI. org), the leading standards consortium for Business Process Management (BPM). It provides an abstract executable model that addresses all aspects of enterprise business processes. Using BPML, companies can better align their IT with business by gaining visibility into real - time business operations, flexibility to design and deploy dynamic business processes, and agility to collaborate with partners over extended value chains.
"Business Process Management, as envisioned by BPMI. org, is a paradigm shift that has far reaching implications for enterprises," said S Gopalakrishnan, Chief Operating Officer, Infosys Technologies Ltd. "The trend is gaining industry mind - share rapidly and it is predicted to become a key feature of enterprise IT systems in the future. Through its membership in BPMI. org, Infosys is contributing to the evolution of this trend which has the potential to transform businesses and provide competitive differentiation."
Code - named Choreo, the process engine developed by Infosys is built on open standards and can be used for deploying and executing BPML processes. It consists of a BPML code repository and a BPML runtime environment that supports dynamic monitoring and control of processes. More information on Choreo is available at http://www.infosys.com/bpm
"With this implementation, Infosys joins a growing number of software vendors and consulting firms that are demonstrating BPML and deploying it within production environments," said Ismael Ghalimi, Chairman, BPMI. org and Chief Strategy Officer, Intalio. "Implementations such a s Infosys' dramatically contribute to the rapid establishment of BPML as the de - facto standard for business process modeling and validate BPMI. org's commitment to the development of open and royalty - free standards for business process management. "
Infosys, a world leader in consulting and information technology services, partners with Global 2000 companies to provide business consulting, systems integration, application development and product engineering services. Through these services, Infosys enables its clients to fully exploit technology for business transformation. Clients leverage Infosys' Global Delivery Model to achieve higher quality, rapid time - to - market and cost - effective solutions. Infosys has over 10,000 employees in over 30 offices worldwide. For more information visit www.infosys.com.
BPMI.org (the Business Process Management Initiative) is a non - profit corporation that empowers companies of all sizes, across all industries, to develop and operate business processes that span multiple applications and business partners, behind the firewall and over the Internet. The Initiative's mission is to promote and develop the use of Business Process Management (BPM) through the establishment of open and royalty - free standards for process design, deployment, execution, monitoring, and control. For more information, visit www.bpmi.org .
Certain statements in this release concerning our future growth prospects are forward - looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward - looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed - price, fixed - time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20 - F for the fiscal year ended March 31, 2002 and the Quarter Report on Form 6 - K for the quarter ended June 30, 2002. These filings are available at www.sec.gov . Infosys may, from time to time, make additional written and oral forward looking statements,including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward - looking statement that may be made from time to time by or on behalf of the company.
For further information, please contact: PR_Global@infosys.com