India’s Infosys expands in Australia to support robust growth
10 Dec 2013
IT services firm Infosys has opened a new office in Sydney, underpinning its robust growth in the state of New South Wales (NSW) and throughout Australia.
The new Infosys office highlights Australia’s reputation for a highly educated workforce and robust technology industry.
"Australia is the third largest market for Infosys globally and one of our fastest growing markets,” Infosys Senior Vice President Jackie Korhonen said.
“We are seeing healthy growth across the region. The New South Wales financial services and communications work, in particular, is driving a lot of our hiring," said Ms Korhonen, who is also country head for Australia and New Zealand.
Infosys said it expects to recruit an additional 85 staff over the coming financial year in NSW, where its business has expanded 500 per cent over five years, the company said in a statement.
Infosys also collaborates in research and development activities in Australia.
Earlier this year, Infosys and research organisation National ICT Australia (NICTA) agreed to collaborate on tough technology problems plaguing business in a five-year program covering joint research, PhD student internship and professional exchange programs, as well as commercialising relevant intellectual property.
Infosys Chairman Emeritus NR Narayana Murthy has been a member of NICTA’s International Business Advisory Group since 2005.
Infosys is a global technology services company that employs more than 155,000. It is listed on the New York Stock Exchange and has sales of more than US$7.45 billion.