An Innovative Offering Enabling Business Value Realization through the
Bundling of HR Technologies, Application Services, Process Consulting and
Business Process Operations
BANGALORE, India, Nov. 6 /PRNewswire-FirstCall/ -- Infosys Technologies
(Infosys), a world leader in Consulting and Information Technology Services,
today announced that it has teamed up with Oracle through the 'BPO Powered by
Oracle program,' and is launching a comprehensive managed services platform
for multi-function HR through its Infosys Business Platforms offering.
With this launch, Infosys moves into the next generation of multi-process HR
transformational outsourcing. This platform is built on state-of-the-art
technology and will enable process transformation, while also being
cost-effective. This will help companies streamline their HR operations and
reduce operational costs. The Infosys Business Platform for HR frees up
significant capital expenditure locked into HR technology and process
investments, allowing the HR function to be a strategic enabler of an
organization's business objectives.
The Infosys Business Platform for HR is built on Oracle's industry-leading
PeopleSoft Enterprise Human Capital Management (HCM) Suite and offers the
entire "Hire-to-Retire" processes and operations such as HR Administration,
Payroll and Talent Management functions like Recruitment, Performance
Management, and Learning Management in a fully hosted and managed environment.
Clients can take advantage of the scalable IT infrastructure to achieve
economies of scale, best practices and variable cost models. Offshore teams
will provide integrated technology, process and language support from multiple
offshore and near-shore delivery centers. The unique shared services business
model helps clients realize transformational benefits by unlocking capital
expenditure, streamlining business processes and enhancing operational
performance metrics.
"We are excited to team up with Oracle and are already seeing early successes
of this model in Australia and New Zealand. The launch will also extend to
Asia, Europe and the Americas," said Anantha Radhakrishnan, Vice President,
Infosys. "This unique bundling of HR technology, application services, HCM
process consulting and BPO delivers transformational value using levers such
as global sourcing, technology innovation, process optimization, scale and
centralization."
"The combination of Oracle's PeopleSoft Enterprise HCM Suite and Infosys'
world-class IT and HR capabilities can help global organizations achieve HR
process transformation and cost reduction using a 'pay-as-you-go' variable
pricing model," said Tibor Beles, Vice President, Oracle Business Process
Outsourcing. "We are impressed with Infosys' execution capabilities as
demonstrated by winning their first customers on Infosys Business Platform for
HR within the first few months of working together."
About Infosys Technologies Ltd.
Infosys (Nasdaq: INFY) defines, designs and delivers IT-enabled business
solutions that help Global 2000 companies win in a Flat World. These solutions
focus on providing strategic differentiation and operational superiority to
clients. With Infosys, clients are assured of a transparent business partner,
world-class processes, speed of execution and the power to stretch their IT
budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys
has over 105,000 employees in over 50 offices worldwide. Infosys is part of
the NASDAQ-100 Index and The Global Dow. For more information, visit
www.infosys.com.
Infosys Safe Harbor
Statements in connection with this release may include forward-looking
statements within the meaning of US Securities laws intended to qualify for
the "safe harbor" under the Private Securities Litigation Reform Act. These
forward-looking statements are subject to risks and uncertainties including
those described in our SEC filings available at www.sec.gov including our
Annual Report on Form 20-F for the year ended March 31, 2009, and our other
recent filings, and actual results may differ materially from those projected
by forward-looking statements. We may make additional written and oral
forward-looking statements but do not undertake, and disclaim any obligation,
to update them.
Trademarks
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Other names may be trademarks of their respective owners.
SOURCE Infosys Technologies Ltd.
The Americas, Peter McLaughlin, Infosys Technologies Ltd, US, +1-213-622-4949,
Ext 206, Peter_McLaughlin@infosys.com; Asia Pacific , Sarah Vanita Gideon,
Infosys Technologies Ltd, India, +91 80 4156 4998, Sarah_Gideon@infosys.com;
Australia, Cristin Balog, Infosys Technologies Ltd, Australia, +61 3 9860
2277, Cristin_Balog@infosys.com; EMEA, Antonia Maneta, Infosys Technologies
Ltd, UK, +44 0 207 715 3499, Antonia_Maneta@infosys.com
