Infosys spurts on collaborating with SAP on mobile applications to enhance retail sales

08 May 2013

Infosys is currently trading at Rs 2358.00, up by 9.40 points or 0.40% from its previous closing of Rs 2348.60 on the BSE.

The scrip opened at Rs 2364.00 and has touched a high and low of Rs 2374.00 and Rs. 2357.70 respectively. So far 14282 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 3010.00 on 07-Mar-2013 and a 52 week low of Rs 2101.65 on 26-Jul-2012.

Last one week high and low of the scrip stood at Rs 2355.00 and Rs 2238.50 respectively. The current market cap of the company is Rs 135640.32 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 58.03% and 13.59% respectively.

Infosys, a global consulting and technology leader is collaborating with SAP on development of mobile applications for the retail industry. These efforts are focused on giving consumer packaged goods (CPG) companies anytime, anywhere access to sales representatives and merchandisers, enabling them to capture information from the field to make them more competitive and agile.

Specifically, Infosys has cooperated with SAP on development of the SAP Retail Execution mobile application version 3.0. The application powers work Infosys does for CPG companies, along with their merchandisers and promotions planners. It streamlines sales forces by providing data via user-friendly mobile devices, instead of cumbersome laptops and user interfaces. The applications also provide critical business insights that help grow sales and more efficiently perform in-store activities like surveys, audits, order taking, promotion compliance and other functions. Infosys is continuing this cooperation on development of future versions of SAP Retail Execution.

The Infosys mobility practice has more than 2,600 core professionals and vast experience in developing and deploying mobile solutions across various industry vertical markets. Infosys will showcase its capabilities for SAP Retail Execution and the SAP HANA platform in booth 139 at the SAPPHIRE NOW conference, being held in Orlando, Fla., May 14-16.

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