Infosys, the second biggest company in India is an outsourcing company which has delivered projects to every corner of the world. The company has offices all around the world and the area served by this company is as big as the globe. The company was formed in 1982 and reached a revenue of $100 million in 1999. In 2004, the company’s revenue hit the billion dollar mark and in 2017, the revenue was around $10 billion.
In 1993, Morgan Stanley had saved the company was going under by buying 13% equity when its shares were undersubscribed. The company, however, now has over 225 thousand employees and is one of the best in the world if not best. The company on Thursday confirmed that it is going to provide solutions to Rolls Royce and help them satisfy the customer demands. The field of interest is sustainable energy here as Rolls Royce is looking to go green as soon as possible.
Rolls Royce, a British giant, is worth over 15 billion pounds. The company has customers in more than 150 countries. Their client base ranges from 400 airlines, leasing companies to almost 4,000 marine customers. The company has spent more than 1.4 billion pounds on research in the year 2018. This tells us that a lot of money has been put in the making of technology and the company wants to reach the customers in a proper way.
This is where Infosys comes in. Infosys will help Rolls Royce get its technology out in the world and as the Indian company has a lot of experience in numerous fields. Rolls Royce also had a lot of money wasted in areas which shouldn’t really cost that much. According to Rolls Royce South Asia and India President, Kishore Jayaraman said that Infosys will help the company achieve cost-effective and competitiveness in the market.
“Our association with Infosys enables us to increase our differentiation in the engineering and digital domain while accelerating cost optimization and competitiveness,” he said in a statement. Infosys also confirmed the same when its statement mentioned that digital solutions will be key here as it will help the technology reach the customers Rolls Royce caters to.
“As part of the engagement, we will leverage offer Rolls-Royce engineering and digital solutions to meet its customers’ needs for sustainable energy,” the statement of Infosys read. Jasmeet Singh, who is Vice President of Infosys said that Infosys’ engineering and digital expertise will support Rolls Royce.
“Through our engineering and digital services, we will support Rolls-Royce to become more productive, agile and innovative. We will also invest in the partnership to support the British firm navigate into its transformation journey,” Jasmeet Singh said while talking to the media.