Consults and Implements Its First End-To-End IT Enabled Business Transformation Program in the Indian Market
Bangalore, India - February 12, 2009
Infosys Technologies Ltd. (NASDAQ: INFY) today announced the successful completion of an IT enabled end-to-end business transformation program for Thermax, a leading global solution provider of energy and environment engineering.
The program addresses complex business requirements in the Environmental Solutions (Enviro) and Water and Waste Management Solutions (WWS) divisions of Thermax, across supply chain management, distribution, financial and customer relationship management functions. The program also meets India-specific legal and statutory requirements.
Infosys has enhanced Thermax's business operations by enabling a single data view for efficient decision making, and facilitated greater productivity through leaner business processes. This program will also enable quicker transaction turnaround for Thermax -s including faster customer invoicing, order execution, inventory management and planning and purchasing.
Recognizing and appreciating the efforts of the Infosys team, M S Unnikrishnan, Managing Director, Thermax said, "We, at Thermax, as part of our business integration plan, are unifying our operations under a singular ERP platform. Even though this would be Infosys' first Oracle implementation in India, we chose Infosys to partner us because of the faith and respect we have in the brand. They have certainly proved us right with their passion, involvement and professional approach, completing the project within our time schedule. Infosys has also added value to the processes at Thermax. We are very pleased with the outcome of our relationship with Infosys and would look forward to strengthening our relationship further."
Commenting on the relationship and the successful completion of the project, S Gopalakrishnan, Chief Executive Officer and Managing Director, Infosys Technologies said, "The program with Thermax is the first end-to-end IT Enabled business transformation program on Oracle e-business suite in the Indian market. The successful completion of the project serves as the foundation for building India localization product competency and business process knowledge."
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.
Thermax is a global solution provider in energy and environment engineering. It offers products and services in heating, cooling, waste heat recovery, captive power, water treatment and recycling, waste management and performance chemicals. Thermax ensures innovative solutions and reliable support for client's business improvement. Through technology partnerships and strategic alliances, it provides superior value to help industry perform efficiently and profitably. It has a dedicated sales and service network spread over South East Asia, Middle East, Africa, Russia, India, UK and the US. For more information, visit www.thermaxindia.com
For further information, please contact: PR_Global@infosys.com