Infosys, a leader in consulting, technology, outsourcing and next-generation services, announced a multi-year partnership with NBTY Inc., a global manufacturer, marketer, distributor and retailer of market-leading vitamins and nutritional supplements. As part of this agreement, Infosys will provide development and support services for NBTY's IT systems.
Infosys will provide enterprise-wide application development and maintenance services for NBTY's IT landscape, including Oracle E-Business Suite and legacy systems. The scope of services, which started with the support of Oracle E-Business Suite, will now extend across a range of application management services for NBTY's entire IT landscape.
The key drivers for the five-year deal were improved operational efficiency, faster speed-to-market, and better quality of service. NBTY hopes to benefit from investments made by Infosys in the application management services space to simultaneously reduce its total cost of ownership, while improving customer service.
Shares of the company declined Rs 4.15, or 0.41%, to trade at Rs 996.75. The total volume of shares traded was 105,150 at the BSE (3.42 p.m., Friday).