Infosys Announces Another Strategic Partnership Deal

On Monday, Infosys Ltd announced a strategic long term partnership with LANXESS, a leading specialty chemicals company manufacturing chemical intermediates, additives, specialty chemicals headquartered in Germany. Infosys will support LANXESS in its IT Infrastructure Digitization strategy and enable its global workforce spread across 33 countries with a secure and fully managed modern workplace.

Shares of the IT giant surged nearly 2 percent to Rs 924.45 after the announcement.

"As part of this transformation, Infosys will setup an end-user centric modern workplace with globally standardized device/workplace landscape (for Office, Functional and Virtual users) based on a Device as a Service (DaaS) construct, backed with NextGen unified communication and collaboration platforms. The global workforce of LANXESS will be supported by a multi-lingual artificial intelligence powered service desk operating from Europe and India," the company said in a stock exchange filing.

"Infosys will also transform LANXESS to a future ready end user IT landscape over the course of the partnership. This will ensure a seamless and harmonized workplace experience for LANXESS' global workforce," it added.

Last week, Infosys announced its strategic partnership with US-based investment company Vanguard for a multi-year IT contract. On 14 July, in a stock exchange filing, the Bengaluru based company said that Vanguard has partnered with Infosys for "a technology-driven approach to plan administration and fundamentally reshape the corporate retirement plan experience for its sponsors and participants."