Bangalore - June 19, 2015
Infosys (NYSE: INFY), a leader in consulting, technology, outsourcing and next-generation services, announced a multi-year partnership with NBTY Inc., a global manufacturer, marketer, distributor and retailer of market-leading vitamins and nutritional supplements. As part of this agreement, Infosys will provide development and support services for NBTY’s IT systems.
Infosys will provide enterprise-wide application development and maintenance services for NBTY’s IT landscape, including Oracle E-Business Suite and legacy systems. The scope of services, which started with the support of Oracle E-Business Suite, will now extend across a range of application management services for NBTY’s entire IT landscape.
The key drivers for the five-year deal were improved operational efficiency, faster speed-to-market, and better quality of service. NBTY hopes to benefit from investments made by Infosys in the application management services space to simultaneously reduce its total cost of ownership, while improving customer service.
Andrea Simone, Sr. Vice President & Global CIO, NBTY Inc.:
“We are creating a global, world-class IT architecture that will provide competitive advantage to NBTY in continuously driving profitable growth. We selected Infosys as a strategic partner to provide next-generation application services and work with us on transformation initiatives that are expected to drive business and IT innovation.”
Sandeep Dadlani, Executive Vice President and Global Head, Retail, CPG and Logistics, Infosys:
“Our goal is to help NBTY achieve productivity improvements and reduce operational costs through automation, while improving the quality of service and driving faster adoption of ERP. We are working with NBTY to build a stronger infrastructure that will support the growing needs of its business.”
Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.
Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$ 8.7 billion in annual revenues and 176,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.
Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, 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, fluctuations in foreign exchange rates, 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, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, 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 or expiration of governmental fiscal incentives, political instability and regional conflicts, 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, 2015 and our Forms 6- K for the quarters ended June 30, 2014, September 30, 2014 and December 31, 2014. 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. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.
For further information, please contact: PR_Global@infosys.com