Infosys, India’s second largest software development firm has been allotted a multi-year contract to provide application development services to Volvo Cars. In a filing to BSE, Infosys said Volvo Cars has selected the software development giant as a strategic supplier of application development services for its global operations.
This is the second major automotive deal for Infosys. The company had won a contract from Toyota in October last year, to manage the automaker's technology applications across Europe, including its core automotive processes such as supply chain, manufacturing, sales and aftersales, and customer service.
Infosys said, the agreement builds on the long-standing relationship. Infosys has been supporting Volvo Cars since 2010 to rationalise and integrate its enterprise systems. Infosys has, however, not revealed any financial details of the deal yet.
According to Nitesh Bansal, vice-president, manufacturing (Europe) at 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 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.”
As part of the new agreement, Infosys will develop applications to support multi-domains including manufacturing, product development, marketing and sales, customer service and corporate functions. Infosys also said it will deploy best practices specifically related to business process harmonisation and delivery excellence across transformation projects.
In October 2013, the company signed a four-year contract with Toyota Motor Europe (TME) to manage the automaker’s technology applications across Europe including its core automotive processes such as supply chain, manufacturing, sales and aftersales, and customer service.
Even prior to this deal, Infosys has been a key partner of TME for projects and transformation delivery services in various initiatives such as its pan-European IT landscape transformation and connected car.
Company sources said Infosys is working with automotive clients in three areas – business transformation, accelerating innovation, and efficient operations. The company engages with its clients with product development, from ideation to launch, product engineering (PE) an product lifecycle engineering services (PLES), and enterprise mobility, thereby helping the enterprise to speed up time-to-market.
Dipan Sur
Viraaj Bhatnagar
Glenn Noronha
Dhruv Dhaka
