Infosys BPO, the Business Process Outsourcing subsidiary
of Infosys Limited has
announced that the company has received the approval of the Ministry of
Corporate Affairs, Government of India to change its name to Infosys BPM
Limited. The new name is effective immediately, and will be implemented across
the company's services.
The
new name is a reflection of the paradigm shift in the nature of services that
the company now offers through its holistic approach of end-to-end
transformative BPM (Business Process Management). The scope and complexity of
business processing work and the expectations of clients have changed
significantly over the past few years as clients expect transformative value
much beyond arbitrage through outsourcing and offshoring.
Infosys
BPM’s technology heritage and investment in business domain Centers of
Excellence have enabled the company to amplify human potential
and leverage their ‘humanware’ – a unique combination of ‘employees with
business domain expertise + software’ to address client business problems
through the use of innovative technologies such as Robotics, Artificial
Intelligence, Machine Learning, Predictive Analytics, Rich Content
Visualization and Mobile Technologies.
Each
business day more than 34,000 Infosys associates with ‘ignited minds’ from
80 nationalities working out of 32 global locations partner with clients to
enhance and reshape their stakeholder (customers, employees, suppliers)
experience. The nature of work the company does has moved beyond
processing transactions to the management of a client’s end-to-end business
process as a partner, necessitating the change in name from ‘Infosys BPO’
to ‘Infosys BPM’.
Anantha
Radhakrishnan, Chief Executive Officer and Managing Director, Infosys BPM, said,
“The change in the name signifies our vision of ‘reimagining business
processes’ across experience, effectiveness and efficiency. Through our integrated people + software
approach we continue to co-create business value for our clients,
leveraging Automation, Analytics, Artificial Intelligence, Machine
Learning and Cloud. It reflects the new enhanced expectations
that our clients have from us, and our end-to-end
digital solutions to solve their business problems. It
also embodies the aspirations and capabilities of our young associates
to transform the business processes they manage for our clients.”
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