Infosys opens Latin American subsidiary in Mexico

BANGALORE: Infosys Technologies Limited has formed its first Latin American subsidiary, and opened a development center and office for the region in Monterrey, Mexico.

The subsidiary, Infosys Technologies S. De RL De CV, would provide the company’s full range of business consulting and information technology services for clients in all industries, the IT major announced today.

Nasdaq-listed Infosys said in a statement that the center would provide key offerings in business process outsourcing, infrastructure management and packaged solutions implementation.

Often referred to as “nearshore facilities,” such operations provide client solutions in time zones, which are more convenient to clients and still provide access to processes, systems, services and talent globally.

The Monterrey facility would provide Infosys dedicated resources to service clients in North America, Latin America and Europe with bi-lingual talent in an agreeable time zone and close proximity.

Furthermore, Infosys said, it would strengthen the company’s global delivery model capabilities. It would also join such new facilities already on the network such as a development center in Brno, Czech Republic and BPO facilities in India.

“The world continues to flatten, unlocking Mexico’s potential as a major business center and solidifying its role as a strategic location for technology innovators such as Infosys,” said Mexico Secretary of the Economy Dr. Eduardo Sojo.

Infosys examined several countries in the region before zeroing in on Mexico because of the broad language skills available in the region, its geographical proximity to Canada, the US and Europe.

The statement termed Latin America as a strong emerging market and one where many of Infosys’s clients were operating.

“The combination of human and intellectual capital, nurturing business community and entrepreneurial spirit found in Monterrey positions the state for amazing IT service growth,” said Governor of the State of Nuevo Leon Jose Nativdad Gonzalez Paras.

Infosys has appointed Mohit Joshi to head the new subsidiary. Joshi, formerly a group engagement manager with the company’s banking and capital markets organization has more than 12 years of client and leadership experience.

“Our clients are exploring opportunities to mitigate risk while expanding operations into the burgeoning market,” said S. Gopalakrishnan, chief executive officer, Infosys Technologies. “The facility will help us establish our services in the Central time zone which allows us to provide better support to our clients located across multiple geographies.”

Infosys Technologies S. De RL De CV initially would have more than 250 seats. By its third year of operation, the Monterrey facility would employ nearly 1,000 employees.

Local and international hires would participate in the standard Infosys training programs to ensure global consistency.

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BANGALORE: Infosys Technologies Limited has formed its first Latin American subsidiary, and opened a development center and office for the region in Monterrey, Mexico.

The subsidiary, Infosys Technologies S. De RL De CV, would provide the company’s full range of business consulting and information technology services for clients in all industries, the IT major announced today.

Nasdaq-listed Infosys said in a statement that the center would provide key offerings in business process outsourcing, infrastructure management and packaged solutions implementation.

Often referred to as “nearshore facilities,” such operations provide client solutions in time zones, which are more convenient to clients and still provide access to processes, systems, services and talent globally.

The Monterrey facility would provide Infosys dedicated resources to service clients in North America, Latin America and Europe with bi-lingual talent in an agreeable time zone and close proximity.

Furthermore, Infosys said, it would strengthen the company’s global delivery model capabilities. It would also join such new facilities already on the network such as a development center in Brno, Czech Republic and BPO facilities in India.

“The world continues to flatten, unlocking Mexico’s potential as a major business center and solidifying its role as a strategic location for technology innovators such as Infosys,” said Mexico Secretary of the Economy Dr. Eduardo Sojo.

Infosys examined several countries in the region before zeroing in on Mexico because of the broad language skills available in the region, its geographical proximity to Canada, the US and Europe.

The statement termed Latin America as a strong emerging market and one where many of Infosys’s clients were operating.

“The combination of human and intellectual capital, nurturing business community and entrepreneurial spirit found in Monterrey positions the state for amazing IT service growth,” said Governor of the State of Nuevo Leon Jose Nativdad Gonzalez Paras.

Infosys has appointed Mohit Joshi to head the new subsidiary. Joshi, formerly a group engagement manager with the company’s banking and capital markets organization has more than 12 years of client and leadership experience.

“Our clients are exploring opportunities to mitigate risk while expanding operations into the burgeoning market,” said S. Gopalakrishnan, chief executive officer, Infosys Technologies. “The facility will help us establish our services in the Central time zone which allows us to provide better support to our clients located across multiple geographies.”

Infosys Technologies S. De RL De CV initially would have more than 250 seats. By its third year of operation, the Monterrey facility would employ nearly 1,000 employees.

Local and international hires would participate in the standard Infosys training programs to ensure global consistency.