Change makers: Infosys makes offer for SAP consultant Axon Group plc
Infosys Technologies Limited recently made cash offer for Axon Group plc , a leading U.K.-based SAP consulting company, in a deal valued at (U.S.)$753.1 million.
The transfer of ownership to Infosys is expected to be completed in November.
Axon, with about 2,000 employees, delivers consultancy services to multinational organizations that have chosen SAP as their strategic enterprise platform. Specializing in the delivery of change through technology enabled transformation programs, Axon's consultants bring in-depth industry expertise alongside best practice functional knowledge to address the strategic, operational, information management and organization effectiveness challenges faced by organizations today.
Axon has offices in the U.K., North America, Malaysia, and Australia.
Says Kris Gopalakrishnan, CEO of Infosys, of the acquisition, “The strategic combination of our groups will accelerate the realization of our common aspiration: that of becoming the most respected provider of business transformational services in the global marketplace.”
That goal includes staying abreast of leading-edge platforms and solutions, including today’s hot button, Software-as-a-Service (SaaS). Right now Infosys is offering what it calls an executive guide to evaluating SaaS.
According to Infosys, the SaaS model offers many obvious benefits over traditional on-premise applications, starting with a lower initial purchase price and faster deployment. As with any technology, however, the SaaS option will only deliver real business value if it is adopted for the right reasons and implemented properly. That means CIOs must evaluate SaaS applications as they would any other technology solution.
This white paper is recommended for anyone seeking guidance on how to determine whether a SaaS solution is the right choice for their business.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey