Infosys signed Five year agreement with European Energy Trading House

Infosys on 2 April 2013 signed a five-year agreement with a European Energy Trading House, RWE Supply & Trading (RWEST).

RWE Supply & Trading (RWEST) is a leading, Energy Trading House which provides technology services to transform its trading operations to create business efficiencies and drive growth from new markets and commodities.

About the Agreement

• The agreement is an innovation and gain-share model supported by a joint investment framework to identify and implement innovative business and technology projects that will deliver measurable benefits to RWEST.
• The agreement highlights include consulting and technology services for applications transformation and business platforms, and transition to a managed services model for application management.

Infosys, which is the multinational provider of business consulting, technology, engineering, and outsourcing services, is basically associating with RWEST to enable a strategic growth through the transformation of their trading platform.