Fremont, California, & Minneapolis, Minnesota - November 06, 2008
In response to escalating demand for critical decision management tools and applications, Fair Isaac (NYSE: FIC), a leading provider of analytics and decision management technology, is teaming with Infosys Technologies Ltd, (NASDAQ: INFY) a world leader in consulting and information technology services, to leverage its global delivery methodology and integration network.
Heightened competitive pressures are driving leading companies to seek even more rapid deployment of the best decision management tools and applications so they can analyze, understand and act upon rapidly changing business dynamics. At the same time, global economic conditions require cost-effectiveness in these implementations.
"For a growing number of businesses today, the difference between survival and extinction comes down to effective decision management," said Dick Stewart, vice president of professional services at Fair Isaac. "Working with Infosys, we can help more businesses survive and win in this environment. We can also maintain our unwavering focus on innovation, which is fundamental to helping our joint clients anticipate and address the next wave of challenges they will face."
Since the start of 2008, Fair Isaac and Infosys have collaborated successfully on significant solution development and implementation projects for international clients. The Infosys Product Competency Center is part of the reason, providing clients of both companies with customized solutions that can be integrated seamlessly into their existing architectures and minimizing costs and time to implement.
"The global economic crisis is causing a 'flight to quality'," said Ashok Vemuri, Senior VP and Global Head, Banking and Capital Markets group at Infosys. "Businesses now want only the best, and they want it implemented as quickly and reliably as possible. The global partnership between Infosys and Fair Isaac gives our customers that advantage."
Infosys (NASDAQ: INFY) defines, designs and delivers IT- enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 1,00,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ- 100 Index and The Global Dow. For more information, visit www.infosys.com
Fair Isaac Corporation (NYSE:FIC) transforms business by making every decision count. Fair Isaac's Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. Fair Isaac also helps millions of individuals manage their credit health through the www.myFICO.com website. Learn more about Fair Isaac at www.fairisaac.com .
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31, 2008, and our other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.
For further information, please contact: PR_Global@infosys.com