Infosys Ltd. (INFY) recently collaborated with SAP AG (SAP) to develop new mobile applications for the retail industry to enable consumer packaged goods (:CPG) companies to contact with sales representatives and merchandisers anytime, anywhere through wireless tablets and smartphones. This in turn will help the companies to gain access to real time information directly from the field, giving them a competitive advantage over others.
The application, named SAP Retail Execution mobile application version 3.0, will be beneficial in analyzing business developments, facilitating diverse operations like surveys, audits, order-taking, and promotion compliance. This in turn is likely to provide effective business insight, thereby improving sales aided by a well-informed and fast decision-making process for the CPG companies. Infosys, in this regard, will utilize its rich experience and expertise along with a core professional base of 2,600 core professionals.
Headquartered in Bengaluru, India, Infosys currently serves aerospace, defense, airlines, automotive, communication services and different other industries along with CPG. While, Sap Ag Adr is the recognized leader in providing collaborative e-business solutions for all types of industries and for every major market.Currently SAP is the world's largest business software company and the world's third-largest independent software provider overall. This new development in collaboration with SAP will augment its existing range of services. The uses and utilities of this application will be demonstrated between May 14 and 16 at the SAPPHIRE NOW conference to be held in Orlando.
Infosys currently has a Zacks Rank #3 (Hold) on the stock. Other companies operating in the same sector worth considering include Unisys Corporation (UIS) and Ciena Corporation (CIEN) both carrying Zacks Rank # 1 (Strong Buy).
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