Infosys ties up with Celonis to revolutionize ERP Modernization

On Monday, Infosys informed the bourses that it has partnered up with the market leader in AI-enhanced process mining and process excellence software, Celonis, to transform ERP modernisation and business process optimization.

As was stated by the IT company in its press release issued to BSE, such a tie-up aims to allow the customers the opportunity to enter into long-term transformation projects with substantial operational savings, overcoming hurdles usually linked to crowded technology landscapes, blends of legacy and home-grown systems, and operational silos that threaten digital transformation agendas.

The companies will jointly facilitate enterprise customers in meeting their digital needs by helping them to scale the adoption of SAP S/4HANA and SaaS platforms. Leveraging the unique capabilities of Celonis will allow Infosys to improve productivity through automation and building cutting-edge technology platforms.

Infosys is engaged in technology, consulting, outsourcing and next-generation services. The company, along with its subsidiaries, is a provider of business information technology services, including application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering, life cycle solutions and business process management.

The stock closed at Rs 720.55 on Monday, up by 2.39 per cent or Rs 16.80 per share. The 52-week high is recorded at Rs 847.40 and the 52-week low is recorded at Rs 511.10 on BSE.