Recognized for Co-Developing Price-Protection Solution with Oracle
Bangalore, India - October 13, 2009
Infosys Technologies Limited (NASDAQ: INFY) today announced that it has been named a winner of a North America Oracle Titan Award during Oracle® OpenWorld 2009. Oracle has recognized their leading partners for outstanding solutions and business practices developed or delivered in fiscal year 2009.
"We are honored to be recognized by Oracle as a Titan Award winner and proud to receive this award for our successful implementation with a leading global high tech distributor," said Chandrashekar Kakal, Senior Vice President and Global Head, Enterprise Solutions, Infosys. "This award reflects our strong relationship with Oracle, our deep knowledge of their solutions and Oracle’s trust in Infosys to consistently deliver the highest quality of service to our mutual customers."
Since the beginning of the relationship, Infosys and Oracle have been dedicated to high quality joint solutions. Infosys’ successful implementation of the Oracle Price-Protection solution has earned it the Titan Partner award. The solution allows manufacturers and distributors across industries to automate and control multiple business processes that are essential to creating and executing price protection transactions. Customers are seeing the benefits of these solutions, which enable higher profitability margins, greater accuracy in inventory calculation and increased efficiency and productivity.
Infosys' end-to-end solutions span the automotive, energy, aerospace, banking, communications, healthcare, high tech, manufacturing and retail industries. The solutions’ Infosys offers, along with Oracle’s extensive product suite, provide clients with the ability to solve their most critical problems and transform the core of their business. With a force of more than 21,000 Oracle consultants and more than 10,000 certifications, Infosys has helped set up more than 20 Centers of Excellence (COE) showcasing Oracle technologies. The services Infosys provides through these COEs range from package evaluation, package assurance, enterprise risk management, global rollouts and implementation.
"Infosys continues to be an important partner of ours across multiple geographies and vertical markets delivering successful implementations to our joint customers," said Tyler Prince, Group Vice President, Oracle North America Applications and Public Sector Channel Sales.
Infosys is an Oracle Certified Advantage Partner under the Oracle Partner Network. As a Diamond Sponsor of Oracle OpenWorld this year, Infosys’ CEO, S. Gopalakrishnan, will be keynoting at Oracle OpenWorld on Wednesday, October 14 at 2:00 pm PT, addressing the 'Seven Game Changing Trends' that are dominating the current macro-environment and strategies for companies to increase competitiveness.
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For more information on Infosys’ participation at Oracle OpenWorld 2009, please visit:
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 105,000 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.
Oracle PartnerNetwork is a global business network of more than 21,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle’s premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today’s global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle’s position as the world's largest business software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.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, 2009, 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