Leader in life safety and property protection to enhance sourcing and procurement performance
Bangalore, Boca Raton (FL) - May 25, 2010
Infosys Technologies Limited (NASDAQ: INFY) and SimplexGrinnell, a Tyco International company, announced today that SimplexGrinnell has signed a product license and services agreement to implement the Infosys Supply Chain Visibility & Collaboration Suite as part of its enterprise-wide sourcing business intelligence and spend analysis initiative. SimplexGrinnell will deploy the Sourcing & Procurement module from the suite in the first phase of the initiative. Other modules are planned to be deployed in subsequent phases.
With a large strategic sourcing and procurement organization spread over a network of 150 company-owned offices, SimplexGrinnell sought an enterprise level solution to streamline its procurement processes, optimize its supplier base and reduce procurement spend. The Infosys solution is aimed at reducing sourcing cycle time and leakages in procurement spend through enhanced monitoring, compliance and governance mechanisms.
According to Sanjay Lall, CIO and Vice President of SimplexGrinnell, "We chose the Infosys supply chain solution for its functional depth and modular approach that can be extended enterprise-wide to support our goal to reduce procurement spend. The built-in, out-of-the-box content and performance management features allow quicker deployment at lower program costs."
The Supply Chain Visibility & Collaboration Suite from Infosys is built on top of a core platform employing Microsoft technologies, including SharePoint Server and Office Communications Server, and leverages the latest in performance management, analytics, collaboration and event-based management. The suite empowers procurement professionals to manage the organization's direct and indirect spend by providing visibility to performance metrics, enabling superior decision making, and improving associated processes.
Sanjay Jalona, Vice President and Head, Manufacturing North America, Infosys Technologies, said, "As a large organization with distributed sourcing and procurement network, SimplexGrinnell is looking to Infosys for an enterprise-wide solution for greater visibility into spend, improved collaboration and better performance. The Infosys solution empowers SimplexGrinnell's procurement teams with contextual intelligence to make good decisions and collaboration capabilities to act on it."
"In today's global business environment, manufacturers are increasingly challenged with improving the performance of their supply chain and enhancing visibility across their offices, suppliers and trading partners," said Craig Hodges, general manager, U.S. Manufacturing and Resources Sector, Microsoft. "Infosys's solution incorporates both critical business intelligence and collaboration capabilities from Microsoft that enable customers to obtain real insight from information across their businesses and work quickly as a team to make necessary supply chain improvements to reduce overall procurement spend."
More information on Infosys's Supply Chain Visibility & Collaboration Product Suite is available at the Infosys-Microsoft joint Supply Chain Center of Excellence website: http://www.nextgenerationsupplychains.com/ .
SimplexGrinnell, a Tyco International company, provides a comprehensive array of fire alarm, fire sprinkler, fire suppression, integrated security, sound and communications, and nurse call systems and services. With one million customers, 150 local offices, and over 200 years of history in the fire business, SimplexGrinnell is the leader in fire and life safety. For additional information or to locate the nearest SimplexGrinnell district office, visit www.simplexgrinnell.com .
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.
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, 2010, 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