Infosys and Oracle Reiterate Commitment to Asia Pacific Customers
The global partnership will leverage domain expertise and product innovation to make Hi-tech, Manufacturing and Financial Services customers more competitive
Bangalore, July 21, 2005: Infosys Technologies Ltd. and Oracle Asia Pacific today reiterated their commitment to jointly address the business needs of customers in the Hi-tech, Manufacturing and Financial Services sectors in the Asia Pacific region.
Commenting on the joint initiatives and relationship, Derek Williams, Executive Vice President, Oracle Asia Pacific, said, "Infosys is a strategic global partner for Oracle and we strongly value this partnership because of their rich domain understanding, expertise in building software solutions and execution excellence."
"The synergies between the two companies, together with Infosys' strong business process knowledge and Oracle's product innovation, will result in lower operating costs and improved focus to address the business needs of our Asia Pacific and global customers," he added.
Both organizations have experience helping Asia Pacific customers in the Hi-tech, Manufacturing and Financial Services sectors, especially in Japan, China and Australia, to effectively manage IT and business systems. The two companies are working together to provide a solution based on Oracle 10g technology for banks and financial institutions in Japan, as an alternative to mainframe technology. The partnership will address the business needs of global hi-tech and manufacturing companies in China through solutions based on the Oracle E-Business Suite. One such joint initiative is a solution based on Oracle E-Business Suite to address the financial and manufacturing process needs of United States-based company, RAE Systems (AMEX:RAE). RAE Systems is a leading global developer and manufacturer of rapidly deployable chemical and radiation detection monitors, as well as multi-sensor networks for homeland security and industrial applications.
In Australia, the two organizations will jointly offer solutions based on the latest financial services applications in the Oracle E-Business Suite, including lease management and Oracle Financial Services Applications (OFSA).
"Infosys and Oracle are committed to enhance the business value realized by customers in order to make them more competitive," stated Srinath Batni, Member of the Board, Infosys Technologies Ltd. "Oracle's industry-specific applications, combined with Infosys' focus on developing industry-specific solutions, will enable customers to use Oracle applications for their business advantage. With strong local presence in China, Japan and Australia and vast experience with Oracle technologies, we are strategically placed to jointly address the business needs of our customers."
Infosys partners with Oracle globally and is an Oracle Certified Advantage Partner in the Oracle PartnerNetwork. The relationship between Infosys and Oracle spans countries across North America, AsiaPacific, Europe, Africa and the Middle East and covers nearly virtually all industry verticals. Infosys has one of the strongest global Oracle Applications (Oracle E-Business Suite) practices operating out of India and has also merged its PeopleSoft practice creating a combined Oracle-PeopleSoft practice to service customers better, following the Oracle-PeopleSoft merger. Infosys is a leading partner that is offering joint solutions on Oracle 10g BPEL (Business Process Execution Language) to standardise enterprise applications integration. Oracle 10g BPEL is a product in the Oracle Fusion Middleware family.