Infosys has entered into a strategic seven-year partnership with The CMA CGM Group, a world leader in container shipping, which will simplify and transform CMA CGM's IT applications and improve customer service experience.
As part of the agreement, and at the request of CMA CGM, Infosys will open a Delivery Center (DC) in Marseille, which will become a key hub attracting and enhancing local expertise. Infosys will also acquire CMA CGM's Innovation and Delivery Center in Dubai, UAE, expanding its footprint in the Middle East.
Rajesh Krishnamurthy, President and Head of Europe, Infosys, said, ''Simplifying the technology footprint and leveraging next-generation technologies is the need of the hour for the hyper-competitive shipping and logistics industry. We look forward to helping CMA CGM leapfrog to the next-generation of software-led business innovation which is customer friendly, cost effective and flexible. Infosys is keen to leverage its logistics industry experience and assist CMA CGM with its business transformation journey.''
Shares of the company gained Rs 1.05, or 0.12%, to trade at Rs 909.50. The total volume of shares traded was 34,247 at the BSE (9.43 a.m., Tuesday).