BANGALORE: Infosys Technologies has opened its office in Singapore. This
expansion of its operation aims to provide leading corporations in Singapore
with consulting services, enabling clients to transform their business through
technology. According to a research by Gartner Inc, Singapore's IT market is
expected to grow from its current $ 7.5 billion to $11.7 billion by 2004.
The cross-border experience the company has acquired by working with leading
Global 1000 clients like Toshiba, American Express, Microsoft, DHL and Telstra
Corporation will significantly help clients in Singapore accelerate their
initiatives.
According to Infosys' board member, Philip Yeo, "Singapore is emerging
as a prominent market for IT companies. Infosys has a high caliber workforce and
has proven capabilities in consulting and IT services across the globe. The
company will add tremendous value to Singapore corporations."
Caltex Trading is a company working closely with Infosys to better their
technology systems. "Among Singapore based companies, Infosys has been a
trading software solutions provider to Caltex Trading since 1997", says Leo
Lonergan, Corporate Vice President of Caltex.
Speaking on the opening of the new office, Phaneesh Murthy, board member
said, "We look forward to take our expertise and knowledge to Singapore in
being change agents using technology to enable different and more cost efficient
or profitable ways of doing business". We are looking at a long term
investment in this country, as part of the plans to expand operations in the
Asia Pacific region. Our immediate targets would be leading corporations in the
country as well as global corporations with regional offices in Singapore,"
he added.