Mumbai: Infineon Technologies AG, one of the leading German semiconductor manufacturers, today announced a multi-year, multi-million dollar contract with Larsen & Toubro Infotech Limited, which recently lost out in the reacve to acquire scam-hit Satyam computers, which has significant expertise as a SAP provider.
L&T Infotech will operate, maintain and develop SAP solutions within Infineon's enterprise landscape and provide these services out of Germany, Singapore and India. L&T Infotech will leverage its long-standing experience in Global SAP Support, its technology capabilities and knowledge of semiconductor and hi-tech industries to optimise Infineon's IT operations, enhance operational efficiency and support Infineon's IT technology roadmap.
Sudip Banerjee, CEO, L&T Infotech, said, ''This engagement reaffirms our commitment to building lasting business partnerships with our clients. L&T Infotech is strongly building its presence in Europe, and Germany in particular. We will help Infineon optimise their operations to achieve their business objectives of meeting the three central needs of the modern society – energy efficiency, communications and security.''
''Our sourcing strategy combines internal and external staffing as well as on-site and off-shore provision of services for the best fit of Infineon'', stated Michael Schmelmer, chief information officer, Infineon Technologies AG. ''This engagement with L&T Infotech provides a cornerstone of our sourcing strategy and another important step on our path to constantly optimise our total cost of ownership''.
Dieter Stengl, vice president, IT Enterprise Application Platform at Infineon, added, ''Many key business processes of Infineon are run on SAP. Hence the related IT services must assure high-quality operations, competent, fast and effective support for our users as well as speed and flexibility to react on changing demands of the Infineon business. We are convinced that L&T Infotech is the right partner to make this new engagement a sustainable benefit for Infineon.''
This contract is another testimony to L&T Infotech's SAP competence and its focus in growing its presence in Western Europe and will contribute significantly to the ambitious plans of geographic expansion.