Friday, 28 March 2014

Infosys Public Services to set up testing center for Prime Therapeutics

Infosys Public Services stated that it is all set to introduce a testing center of excellence (COE) for Prime Therapeutics which has selected the former for expertise on health care and pharmacy benefit management.
Prime Therapeutics which is a pharmacy benefit manager headquartered in Minnesota has inked the deal as part of a three-year contract.
Commenting on this, Eric Paternoster, President and Chief Executive Officer at Infosys Public Services said, “This agreement will allow us to help the company sharpen its focus on providing better care and services to their members,”
Jim Graham, Vice President Application Development, Prime Therapeutics said, “Transforming our testing and QA services will help us achieve that and better meet the needs of health plans, employers, and government programmes,”

Thursday, 27 March 2014

Infosys and Zain Bahrain creates Zain Self-Care application

IT major Infosys today said that it has made an application Zain Self-Care with Zain Bahrain, a telecommunication operator in Bahrain that transforming user experience for Zain’s subscribers, through self-service. “Zain Self-Care is an innovative mobile application for smart phones and tablets that is built using Infosys AssistEdge, a product that transforms customer experience across channels. The application functions on all operating systems including iOS, Android, Windows and blackberry,” the company said in the filing to the Bombay Stock Exchange. Commenting on the development, Infosys, Vice President, Regional Head-South East Asia, Middle East and Africa, Upendra Kohli said, “The increased option of smartphones across the Middle East is driving demand for new digital experiences and services. The Zain Self-Care application, built using Infosys AssistEdge, is helping Zain expand its range of offerings and improve user experience.”

Infosys - Zain Self-Care Application, Co-Created by Infosys and Zain Bahrain, Witnesses Strong Adoption across Bahrain

Infosys Ltd has informed BSE regarding a Press Release dated March 27, 2014 titled "Zain Self-Care Application, Co-Created by Infosys and Zain Bahrain, Witnesses Strong Adoption across Bahrain".

Wednesday, 26 March 2014

Infosys to unveil Q4 results on Apr 15

IT major Infosys Ltd on Wednesday announced that the company will declare its financial results for the fourth quarter and the financial year ending March 31, 2014 on April 15, 2014.
“A meeting of the Board of Directors of the Company will be held on April 15, 2014, inter alia, to consider the audited financial results of the Company for the quarter and year ending March 31, 2014, the audited consolidated financial results of the Company and its subsidiaries for the quarter and year ending March 31, 2014, to recommend a final dividend, if any, for the financial year ending March 31, 2014”, Infosys Ltd said in a filing to the Bombay Stock Exchange (BSE).

Tuesday, 25 March 2014

Infosys delivers strategic financial systems program for SITA

IT bellwether firm Infosys on Tuesday announced that it has successfully delivered a strategic financial systems (SFS) program for SITA, one of the world’s leading specialists in air transport communications and IT solutions. “The award-winning SFS program is one of the most geographically complex ERP-enabled finance transformations ever undertaken,” Infosys said in a filing to BSE. Designed by Infosys and SITA’s SFS program team, and enabled by Oracle E-Business Suite 12.1, SFS can efficiently process accounting transactions for 310 legal entities worldwide operating in 125 currencies with a globally distributed user base of 4,500 people, and support the filing of tax returns in over 150 countries worldwide, the company said in a filing. SITA expects the SFS program will deliver, in excess of 20 percent, direct operational savings and efficiencies within the finance function over four years. It has laid a strong foundation to help SITA improve the service and business value delivered to internal customers and member shareholders globally. Meanwhile, shares of company closed down 0.82 per cent to Rs 3247.35 a piece from previous on BSE.

Tuesday, 18 March 2014

District of Columbia extends deal with Infosys

Infosys Ltd said that the agreement between Infosys Public Services with District of Columbia has been extended for the next phase to implement its Health Insurance Marketplace and Medicaid Modernization Program. “The agreement for the implementation of the Company’s Health Insurance Marketplace and Medicaid Modernization Program has been extended for the next phase by District of Columbia”, the company said in a filing to the Bombay Stock Exchange. Meanwhile, shares of the company were trading at Rs 3358.85, down 0.90 per cent from previous close on BSE.

Infosys inks multi-year application development pact with Volvo

IT major, Infosys said that it has inked a multi-year application development service agreement with Volvo Cars as a strategic supplier to provide application development services for its global operations. This agreement builds on the long-standing relationship as Infosys has been supporting Volvo Cars since 2010 to rationalize and integrate its enterprise systems, the company said in a filing to the Bombay Stock Exchange. Commenting on the development, Nitesh Bansal, vice president manufacturing Europe, Infosys, "We will be a strategic supplier for Volvo Cars to deliver excellence and innovation to transform their IT landscape to a modern architecture. We are very pleased to collaborate with Volvo Cars in their strategic journey. We have an industry heritage, deep automotive expertise, and established track record of delivering that leaves us well positioned to be a strategic supplier to Volvo Cars. This agreement also reflects our strategic focus on the Nordic market and strengthens our presence in Sweden." Further, under the agreement, Infosys will develop applications to support multiple domains, including marketing and sales, customer service, manufacturing, product development, and corporate functions.