Infosys Launches "India in a Box" for Japanese Companies
BANGALORE, India and TOKYO, November 19, 2012 /PRNewswire/ --
Expansion across India made simple; Japanese firms get robust IT
infrastructure in just eight weeks
Infosys, a global leader in consulting and technology, today announced the launch of a
new solution called "India in a Box" for its Japanese clients. The new solution is based
on industry-standard Microsoft Dynamics NAV. It enables Japanese companies to jumpstart
their business operations in India in a shorter time by moving to a robust IT
infrastructure in just eight weeks. The pre-packaged solution is tailor-made for the
unique Indian market, addressing issues such as local taxation and accounting.
Key functionalities of the solution tailored for specific requirements in India
include:
- Financial Management - To support the International Accounting Standards
Committee and complies with Indian GAAP (general accounting, account
receivable/payable, budget control, fixed asset management, period-end closing
operations).
- Supply Chain Management - To facilitate sales, purchasing, inventory,
warehouse management.
- Production Management- To track requirement planning and bill of materials,
manufacturing order creation, production planning and processes and scheduling.
- Service, Resource, & Project Management- To maintain service contracts and
track project costs, milestones and budget utilization.
- Employee Management - To maintain comprehensive employee details including
master employee list, skill sets and attendance.
- Customer Management - To collate customer information, payment and delivery
terms
Tomoyuki Nakanishi, Group Senior Manager, Dynamics Product Group, Microsoft Japan,
said: "Japanese firms are looking to grow in India, which is why 'India in a Box' is such
a valuable resource. What used to take years - learning how to navigate the
often-complicated Indian marketplace - now takes a matter of weeks. Japanese companies can
use this innovative Infosys product as their all-in-one business solution."
V. Sriram, Head of Japan, Infosys Ltd., said: "With this new solution Infosys has
tried to address one of the biggest issues facing Japanese companies entering the Indian
market: The sometimes rocky interface between a new location and Tokyo headquarters. With
'India in a Box,' firms can easily establish the interface with the Enterprise Resource
Planning in the home office. Executives in Tokyo can manage the sales and production of
their Indian operations on a daily basis without a hitch. 'India in a Box' is all about
improving real time decision-making and governance."
Infosys set up its Japan operations in 1997. Today it has offices in Tokyo and Nagoya
with more than 200 employees. For more information log on to http://www.infosys.com/jp
About Infosys
Infosys partners with global enterprises to drive their innovation-led growth. That's
why Forbes ranked Infosys 19th 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
[http://isinfwp1/pages/index.aspx ] and see how Infosys (NASDAQ: INFY), with its 150,000+
people, is Building Tomorrow's Enterprise(R) today.
Safe Harbor
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 December 31,
2011,June 30, 2012 and September 30, 2012.These filings are available at http://www.sec.gov [http://isinfwp1/Links/redirectlink.aspx?id=sec-gov.aspx ]. 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.
Infosys Ltd
CONTACT: Contact: Marketing Manager, Jo Ando, Phone: +81-03(5545)3251, Jo_ando@infosys.com