Collaboration to focus on Analytics and Business Intelligence
BANGALORE, India - June 26, 2008
Infosys Technologies, a global IT services and consulting company and the International Institute of Information Technology, Hyderabad (IIIT-H) recently signed an agreement to undertake joint research. Under this agreement, Infosys will sponsor research in unstructured data analytics, inference and diagnostics tools and the development of next-generation business intelligence tools at IIIT-H. The agreement was signed by Prof. Rajeev Sangal, Director - IIIT Hyderabad and Subu Goparaju, VP and Head, SETLabs, Infosys Technologies.
"Academia and industry can work together to take research from laboratory to industry. Such collaborations have the seeds to produce innovative new products, which the industry can develop further and commercialize," said Rajeev Sangal. "Thus, the Indian IT industry can move higher up the value chain. The current collaboration between Infosys and IIIT-H's Centre for Data Engineering is a step in this direction."
The objective of this collaboration is to improve the functionality provided in Health Information Management Infrastructure (HIMI) solutions. The research will focus on:
"IIIT Hyderabad is one of India's premier technology institutes," said Subu Goparaju. "Their focus on research in information management areas is synchronous with our interests in the area. Through this collaboration, we hope to develop innovative technology solutions to address real-life issues."
This agreement is part of a larger Infosys program to engage with leading Indian and international universities to facilitate research in a variety of areas including software engineering, information management, knowledge engineering, game theory, and IP lifecycle management.
Infosys has been collaborating with academic institutions with its global internship program InStep and its industry academia program Campus Connect . Infosys has also been hiring university graduates in the US and the UK. After a comprehensive training regime in India, these employees return to their countries to work on client projects.
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
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.
The International Institute of Information Technology is a public institution started in 1998, with seed fund from the government of Andhra Pradesh. It has established itself as a research institute enabled by strong undergraduate and graduate programs. The institute has large research centers in language technologies, visual technologies, data engineering, and security and algorithms.
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