New Milestone for Infosys Extending Footprint in German Market
FRANKFURT, Germany, March 14, 2013 /PRNewswire/ --
Strategic Partnership for Infrastructure Management with World Leading Automotive Manufacturer
Infosys today announced it has been selected by BMW Group as its worldwide partner for application basis infrastructure management services.
The five year engagement with Infosys will cover services such as maintenance and operations of the web infrastructure, content management, SAP Basis operations, IT for IT (the company's internal IT system) and the business intelligence systems of BMW Group. One of the key objectives of this partnership is delivery of reliable, efficient and predictable IT operations services.
Infosys will draw on its experience in infrastructure management services to help BMW gain additional benefit from its existing technology estate so that it can drive investments toward IT transformation and innovation programs.
To support this engagement, Infosys will open a new delivery center in Munich which will form an integral part of a global service delivery team from Infosys.
Ashok Vemuri, Member of the Board, Global Head of Manufacturing and Engineering Services Infosys, said: "Infrastructure management is no longer just about short term efficiency and productivity gains. It also requires a partner that can help build an IT organization that is future relevant. Our new delivery center in Munich will help us achieve this objective for BMW and allow us to expand our local presence in a key growth market."
Infosys partners with global enterprises to drive their innovation-led growth. That's why Forbes ranked Infosys #19 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology, and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals. Visit http://www.infosys.com and see how Infosys (NYSE: INFY), with its 150,000+ people, is Building Tomorrow's Enterprise® today.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarters ended June 30, 2012, September 30, 2012 and December 31, 2012.These filings are available at http://www.sec.gov . Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless required by law.
For further information please contact:
Paul de Lara
Infosys, United Kingdom
Abhijith Karthikeya D
Infosys, United States