The Hindu : Business : Infosys pact with Australian venture

Online edition of India's National Newspaper
Saturday, Nov 13, 2004

Business

Business

Infosys pact with Australian venture

By Our Special Correspondent

NEW DELHI, NOV. 12. Infosys Technologies has signed an agreement with Smart Internet Technology Cooperative Research Centre (Smart Internet) of Australia for joint efforts in research and development.

The collaboration between Infosys and Australia is unique, with the former investing up to Australian $800,000 in Australian research and development over the next four years.

The association provides significant assistance to Smart Internet for the development, commercialisation and export of Australian IP.

The collaboration will give Infosys an opportunity to explore new ways of generating market-driving intellectual property and further augment its competitive positioning.

The initial focus areas of this collaborative effort will be banking, commerce, health and entertainment industry segments. Smart Internet will work directly with the Software Engineering and Technology Labs (SETLabs) of Infosys in Bangalore, for research in mobility, pervasive computing, agent technologies, security and digital rights management. As a leading IT innovator and research organisation, Infosys will provide key skills and insights to support Smart Internet's research and commercial objectives.

The collaboration is expected to provide commercial benefits to the Commonwealth Government and State Governments in the form of new employment and revenue opportunities.

An exchange of knowledge and skills will also benefit Australian researchers who will have the unique opportunity to work with the Infosys on collaborative R&D projects.

At a reception at the Federation of Indian Chambers of Commerce in New Delhi recently, the North South Wales Premier, Bob Carr, had witnessed the signing of the variation agreement between Neville Roach, Chairman of Smart Internet CRC and Narayana Murthy, Chairman of the Board and Chief Mentor of Infosys Technologies.

With the large economies in India, China and South East Asia, it is Smart Internet's objective to build global relationships in order to penetrate the international market.

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