CIOL:Infosys to stress on socio-economic issues

LONDON: Infosys Technologies Limited today announced its participation at the World Economic Forum Annual Meeting 2007 in Davos, Switzerland on January 24-28, 2007.

As a strategic partner of the Forum, Infosys will take a lead role in helping shape the future agenda of its partner communities with the Forum, including ‘Young Global Leaders’ and ‘Global Growth Companies.’

Infosys said in a statement that its CEO and Managing Director Nandan M. Nilekani will co-chair the ICT Governors meetings alongside with Ed Zander, CEO of Motorola in addition to participating in the ‘Asia’s Business Engines’ plenary session on January 25.

“There is a significant shift happening towards emerging economies as they start to integrate more rapidly into the global trading system,” said Nilekani. “Adopting a sustainable approach to both business as well as socio-economic development has become a key part of any future-looking strategy.”

Infosys is engaged with the Forum of Young Global Leaders as well as the Global Growth Companies program.

Commenting on Infosys’s focus on global issues, Kris Gopalakrishnan, president, Joint Managing Director and COO, Infosys Technologies, said, “With a focus on the growing prominence of emerging economies at this year’s Forum, Infosys will participate in a variety of discussions to bring its global insight and experiences on the subject to businesses. As part of these discussions, Infosys will provide real examples and actionable ideas on how business can embrace the opportunities presented by these new economies.”

The Young Global Leaders have been active in setting up taskforces to tackle the global challenges we face in the areas of education and the environment. This year, Subhash Dhar, Vice President, Infosys Technologies, has been selected by the World Economic Forum to join the Young Global Leaders 2007. This honor is bestowed each year by the World Economic Forum to recognize and acknowledge the top 250 young leaders from around the world for their professional accomplishments, their commitment to society and their potential to contribute to shaping the future of the world.

The Global Growth Companies program is also taking steps to help fast-track companies from various economies adapt to the changes wrought by globalization at a much faster pace. S.D Shibulal, co-founder and head - Worldwide Customer Sales and Delivery, Infosys Technologies, spearheads the initiative.

To further the discussion on the need for innovative solutions to address the concerns rising out global growth straining natural resources, demands on energy and disruptive climate change, Infosys will host a private breakfast debate on Sustainable Development on Thursday, January 25, 2007. The objective is to arrive at a set of outcomes that may be implemented in targeted communities. Nandan Nilekani will be joined on this panel by: Sir Michael Rake, International chairman, KPMG; Jeroen van der Veer, Chief Executive, Royal Dutch Shell Plc; Michael D. White, chairman and CEO, PepsiCo International; Peter Brabeck-Letmathe, chairman and chief executive officer, Nestle SA; Rajat Gupta, senior partner, McKinsey & Company and Rodrigo Baggio, executive director, Committee for Democracy in Information Technology.

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