Eastman Chemical Expands Relationship with Infosys
Infosys Designated Strategic e - Business Partner
FREMONT, Calif., May 7th, 2002: Infosys Technologies Ltd. (Nasdaq: INFY) today announced that Eastman Chemical Company (NYSE: EMN), a leading international chemical supplier headquartered in Kingsport, Tenn., has chosen to expand its work with Infosys in order to take greater advantage of the consulting and IT service provider's global delivery model.
The announcement comes approximately 18 months into an agreement in which Infosys completed multiple e - business projects using its global delivery model. Having realized significant benefits including time to market, higher predictability and cost savings as a result of these projects, Eastman decided to enter into a larger, more value - added relationship. Infosys would use a dedicated resource model to help Eastman use IT to transform its business using Infosys' end to end capabilities and technology and business expertise.
Infosys' Global Delivery Model, a framework for distributed project management and engagement teams located in India and at customer sites, will enable Infosys to enhance various existing applications, develop new ones and reengineer legacy systems for Eastman while improving time to market, quality and scalability, all at a lower cost to the chemical company.
"Infosys has been a terrific partner for us in developing our ecommerce capabilities on Eastman.com", said David Holden, Director, eCommerce and Supply Chain Systems. "They have consistently delivered very high quality results while providing access to a pool of needed development skills. We look forward to expanding our relationship in the coming months."
Some of the projects that Infosys has worked on for Eastman include Web - enabled customer service systems, defining and implementing security architecture for Eastman. com; web portal work including customer registration and single sign - on capabilities; and helping Eastman launch a separate operating division by enabling security and registration features for the official website of Voridian, an operating division of Eastman and the world's largest manufacturer of polyethylene terephthalate (PET) for packaging. Infosys has used several products for these engagements, among them Siteminder from Netegrity, Webmethods, Commerce Server from Microsoft, World Server from Idiom, Eprise Participant server from Divine, and Commerce Trends from Webtrends.
"The pilot offshore development model that Eastman first chose was very successful due to the high level of dedicated resources, expertise, productivity and cost savings Infosys was able to provide, and realizing these benefits resulted in Eastman's decision to increase the relationship and further use our full range of services," said Phaneesh Murthy, Infosys board member and head of worldwide sales and marketing. "We are proud to offer Eastman the reduced risk, round - the - clock execution and high - quality deliverables that our extensive global capabilities make possible so that it may continue to expand its technology initiatives."