01 April 2019, India:
Infosys today announced that it has completed the formation of a joint venture with Hitachi, Ltd., Panasonic Corporation and Pasona Inc., strategically enhancing its presence in Japan.
HIPUS Co., Ltd., the new venture has named Shinichiro Nagagata, as Chief Executive Officer. The joint venture will be headquartered in Japan, and more than 200 employees will be part of it on establishment.
The joint venture will accelerate business process transformation leveraging digital procurement platforms for the local and global needs of Japanese corporations, the company said in a statement.
Infosys will bring its global expertise in procurement processes, consulting, analytics and digital technologies such as artificial intelligence (AI) and Robotic Process Automation (RPA) to the venture, the statement added.
Combined with Hitachi and Panasonic’s knowledge of their procurement functions and local teams, and Pasona’s human capital and BPM networks in Japan, the entity will provide differentiated, end-to-end, efficient and high value procurement capabilities to corporations.
Infosys has announced the joint venture in December 2018, now they have completed the formation.
(Image – Infosys)