Infosys Dives Into E-Commerce
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Shares of software consulting firm Infosys Technologies Ltd., the only Indian company that trades in the United States, saw new highs following the company's strategic alliance with CyberSource Corp., a provider of e-commerce transaction processing services.
Under the agreement, Infosys will deliver scalable solutions using CyberSource services and technologies, with emphasis on speed-to-market and tight integration to back-end systems. Infosys systems will now be fully integrated with CyberSource products and services for Internet merchants.
"Our alignment with Infosys benefits customers by enabling reliable deployment of e-commerce solutions on time and on budget," said Steve Klebe, CyberSource's vice president for strategic alliances. "Our customers will benefit from Infosys' expertise in providing complete e-commerce solutions integrated with back-end systems that shorten time-to-market cycles."
"This alliance complements both organizations, utilizing CyberSource technologies and Infosys' global delivery approach to e-commerce implementation," stated Phaneesh Murthy, Infosys senior vice president, worldwide sales.