Infosys in e-commerce tie-up with Cephren
Tuesday March 7, 8:56 am Eastern Time
BANGALORE, India, March 7 (Reuters) - Indian computer software firm Infosys Technologies Ltd (NasdaqNM:INFY - news) on Tuesday said it had tied up with U.S.-based Cephren to leverage Cephren's e-commerce and project management services for large commercial construction projects.
``Under the terms of the agreement, the partnership will encompass four primary collaborative areas: product development, quality assurance and maintenance, systems integration, and professional services,' Infosys said in a statement.
The statement said Palo Alto-based Cephren is a key provider of online collaboration and e-commerce services for the global construction industry.
It said Cephren allows building professionals--architects, engineers, developers, general contractors and all of their materials suppliers--to use the web to share documents, to collaborate on construction projects, and to procure goods and services.
``Our partnership with Infosys allows us to leverage not only their systems integration expertise, but also their best practices approach to product development, quality assurance and maintenance,' Ashok Segu, co-founder and chief technology officer of Cephren, was quoted as saying in the statement.
``By utilizing our combined strengths, we can ensure that our customers will receive enterprise-class e-commerce solutions rapidly, efficiently and cost-effectively.'
Infosys managing director Nandan Nilekani said in the statement that business-to-business e-commerce for the construction industry was witnessing tremendous growth and Infosys was excited about partnering Cephren, the leader in the area.
``Our knowledge of the latest technologies, combined with the Infosys global delivery model, provides rapid time-to-market and other significant benefits for Cephren customers,' Nilekani said.
The statement said that to support the partnership, Infosys will provide a product competency center that will function as a virtual extension of Cephren but did not give any financial details. |
