RWE Supply & Trading Selects Infosys as its Transformation Partner

PR Newswire/Les Echos/ 
Press release 


       RWE Supply & Trading Selects Infosys as its Transformation Partner
    Five year, pan-European partnership agreement funds innovation and growth
                                    projects

Bangalore, 2 April 2013: Infosys, the global consulting and technology leader
has signed an agreement with RWE Supply & Trading (RWEST), a leading European
energy trading house, to provide technology services to transform its trading
operations to create business efficiencies and drive growth from new markets 
and commodities.

Central to the agreement is an 'Innovation and Gain-Share' model supported by a
joint investment framework to identify and implement innovative business and
technology projects that will deliver measurable benefits to RWEST.

Program highlights:

* Consulting and technology services for applications transformation and
  business platforms
* Transition to a managed services model for application management
* Business case, solution architecture and operating model design for a future
  cloudenabled corporate infrastructure
* Support for trading systems in Essen Germany, where RWEST runs the largest 
  and most sophisticated energy trading floor in Europe, and other locations 
  including Netherlands and UK

Quotes:

Marcus Schaper, Head of IT at RWE Supply & Trading:

"Infosys was able to offer us a full range of technology services coupled with 
a strong track record supporting energy and financial trading systems. They
brought commercial flexibility and a long-term perspective to create a
compelling case for our dynamic business."

Kush Sharma, Head of Utilities at Infosys in Europe:

"We are confident that this association with RWEST will enable strategic growth
through the transformation of their trading platform. We will help them use
savings generated to make investments that can drive operational efficiency 
and, more importantly, competitive advantage."

Infosys now supports three of the leading trading houses in the European energy
sector.

Additional Resources

* Video on Infosys work with Dutch subsidiary of RWE, Essent, here
* Infosys Generation and Trading solutions for Utility and Energy here.
* white paper: The Effect of Offshore Wind and Photovoltaic Solar Growth on
  European Energy Market Trading and Operations here
* Infosys Utilities practice here

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth.
That's why Forbes ranked Infosys #19 among the top 100 most innovative
companies. As a leading provider of next-generation consulting, technology and
outsourcing solutions, Infosys helps clients in more than 30 countries realize
their goals. Visit www.infosys.com and see how Infosys (NYSE: INFY), with its
150,000+ people, is Building Tomorrow's Enterprise(r) today.
                                     # # #

Safe Harbor
Certain statements in this release concerning our agreement with RWE Supply &
Trading (RWEST) to provide technology services are forward-looking statements,
which involve a number of risks and uncertainties that could cause actual
results to differ materially from those in such forward-looking statements. The
risks and uncertainties relating to these statements include, but are not
limited to, time and cost overruns on fixed-price, fixed-time frame contracts,
disruptions in telecommunication networks or system failures which may affect
our ability to provide services under the agreement with RWEST. The company 
does not undertake to update any forward-looking statements that may be made 
from time to time by or on behalf of the company unless it is required by law 
to do so.

For further information please contact:

EMEA                           Asia Pacific 
Paul de Lara                   Abhijith Karthikeya D
Infosys, United Kingdom        Infosys, India
Phone: +44 2075162748          Phone: +91 80 4156 3373
Paul_delara@infosys.com        Abhijith_damodar@infosys.com 

Australia                      Americas
Cristin Balog                  Danielle D'Angelo
Infosys, Austra lia            Infosys, United States
Phone: +61 3 9860 2277         Phone: +1 510 859 5783
Cristin_Balog@infosys.com      Danielle_DAngelo@infosys.com


                  
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-0- Apr/02/2013 07:06 GMT
 
 
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