ALSTOM and Infosys jointly set up R&D centre in Bangalore
20 % of R&D operations for ALSTOM to be in India
Bangalore – May 31, 2005: ALSTOM today announced that it is teaming up with Infosys to set up an R&D centre at the Infosys campus in Bangalore. The R&D centre, a multi-year relationship between ALSTOM and Infosys, will focus on high-end engineering services such as product development, engineering simulation, control engineering and Product Lifecycle Management (PLM). With an investment in excess of Euro 31 million (US $ 39 million) over three years and an initial manpower strength of 60 people, the centre will grow to over 300 people in the next three years. ALSTOM plans to focus 20% of its R&D spend worldwide in India.
Speaking on the occasion, Mr. Philippe Joubert, President, ALSTOM Power said, "This is a great opportunity for ALSTOM to strengthen its presence in India by using the skills and talents offered by Infosys. Together, we will be able to make our products more focused on the needs of the Indian market."
The ALSTOM-Infosys R&D Centre will provide high-end engineering solutions that will provide ALSTOM a competitive edge by:
- Enabling rapid design and deployment, thereby reducing time-to-market
- Improving life and efficiency of mechanical components, thereby reducing the cost of electricity to consumers
- Improving performance and cost-effectiveness by using new materials
- Reducing environmental impact and atmospheric emissions of products
Mr. Nandan M. Nilekani, CEO, President and Managing Director, Infosys Technologies Ltd., commenting on the partnership said, "About 50–70% of the cost of any product is decided at the design stage. Given the significant pressure on R&D and Engineering heads to focus on innovation, India is increasingly being looked at as a global engineering hub. This is not just due to the high-quality talent available in India but also because of the world-class business practices and processes offered by Indian companies."
"I am confident that our partnership with ALSTOM, a world leader in turbine technology, will enable us to together create next generation solutions for the power sector. The uniqueness of the relationship lies in our ability to learn their critical quality and technical requirements and deliver value," he added.