Infosys, Microsoft to invest jointly $8m

[OhioChick]

BANGALORE, NOV. 15 . Infosys and Microsoft Corp. today announced an investment of $8 million together to help clients who outsource software from them to cut costs and improve performance.

With this, the clientscan "deploy the Microsoft-based solutions in a rapid, strategic and highly cost-effective manner and use the cost savings to fund new IT projects and increase business advantage, using Infosys Modular Global Sourcing model," according to Infosys.

The announcement came during the visit of Microsoft CEO Steve Ballmer to Infosys. He told reporters that Microsoft and Infosys shared a commitment to help customers use technology to improve every area of their business — from process excellence to connecting with customers — to responding effectively to the competitive landscape. "Microsoft's long-term focus on delivering an integrated, manageable and reliable platform, combined with Infosys' unique delivery model and deep consulting skills, is designed to help customers succeed and grow through increased efficiency cost savings and business value," he said.

http://www.hindu.com/2004/11/16/stories/2004111608150900.htm

[sui generis]

1. that's WHY they're outsourcing

Eight million dollars is nothing. I can't even believe this is news, except for the part that even more white collar technology jobs are going to go to India now.