Infosys Technologies Opens Second Latin America I.T. Development Center Serving Global, Near-Shore and Latin American Clients
Monterrey, Mexico - November 9, 2009: Infosys Technologies Limited (NASDAQ: INFY) today opened the company’s second Latin American Development Center in Monterrey, Mexico, offering global, near-shore, and Latin American clients a full range of information technology (I.T.) services including Business and I.T. Consulting, Business Process Outsourcing (BPO), Packaged Solutions Implementation and Infrastructure Management.
The development center, managed by Infosys’ subsidiary, Infosys Technologies S. De R.L. De CV, provides technology services for clients in all industries including banking, financial services, manufacturing, retail, distribution, insurance, and many others.
"From our first development center opening with a few clients and a dozen employees, we now have some 30 clients and 330 professionals and the future looks muy brillante," said Ashok Vemuri, Senior Vice President and member of Executive Council, Infosys Technologies. "Our public-private partnership with the city of Monterrey and the government of Nuevo Leon, Mexico demonstrates that such unions create opportunities for the city’s very talented new graduates from local universities. And it clearly creates tremendous value for clients around the world who increasingly look to our centers in Latin America for the solutions they need."
Both Monterrey facilities provide Infosys with dedicated resources to serve clients primarily in North America, Latin America and Europe with bilingual talent in an agreeable time zone and close proximity. Furthermore, it strengthens the company’s global delivery model capabilities with such other development centers in the Czech Republic, Poland, Thailand, Philippines, China, Australia and India.
After examining several countries in the region, Infosys chose to establish a presence in Mexico due to the broad language skills available in the region, its geographical proximity to Canada, the U.S. and Europe. Latin America is a strong emerging market and one where many of Infosys’ clients have operations already.