Infosys bags multi-year software order from Swedish auto giant Volvo

Indian software and outsourcing giant Infosys yesterday bagged a multi-year order from Swedish automobile major Volvo Cars for providing software application development services for its global operations.

Infosys did not disclose the financial terms of the agreement.

''This agreement builds on the long-standing relationship as Infosys has been supporting Volvo Cars since 2010 to rationalise and integrate its enterprise systems,'' the Bangalore-based company said in a statement.

As part of the new agreement, Infosys will develop applications to support multiple domains, including marketing and sales, customer service, manufacturing, product development, and corporate functions.

''We will be a strategic supplier for Volvo Cars to deliver excellence and innovation to transform their IT landscape to a modern architecture. We are very pleased to collaborate with Volvo Cars in their strategic journey. We have an industry heritage, deep automotive expertise, and established track record of delivering that leaves us well positioned to be a strategic supplier to Volvo Cars,'' said, Nitesh Bansal, VP manufacturing Europe at Infosys.

''This agreement also reflects our strategic focus on the Nordic market and strengthens our presence in Sweden,'' he added.