EdgeVerve Systems

Edgeverve Systems Limited
Industry Enterprise software
Founded Bangalore, India
Headquarters Bangalore, India
Area served
 Worldwide
Key people
 Board of Directors - Sandeep Dadlani (Chairman), Sanjay Purohit, Jonathan Heller, Arun Krishnan, Srinivasan Rajam, Roopa Kudva
Management - Anirban Dey, Sushanth Tharappan
Products Finacle, AssistEdge, TradeEdge, ProcureEdge, CreditFinanceEdge,[1]
Parent Infosys Limited[2]
Website Edgeverve.com

EdgeVerve Systems Limited (commonly known as EdgeVerve) is a product subsidiary company of Infosys Limited (NYSE: INFY), a global consulting and IT services company based out of Bangalore, India.[3] EdgeVerve develops and sells enterprise software products for on-premises or cloud-hosted business platforms. EdgeVerve products are focused on banking, customer service, ecosystem management, and enterprise procurement.[4] The company is headquartered in Bangalore. As of 2016, EdgeVerve operates in four geographic regions: Europe, Americas, Asia Pacific, Middle East and Africa.[5]

History

In February 2014, Infosys incorporated EdgeVerve to develop and sell its products, platforms and solutions (PPS), with the exception of its banking and financial services product suite, Finacle.[6] This was part of the Infosys strategy to increase its share of PPS revenues. Since, revenue growth from PPS required a different approach from a services-based company, it led to the creation of a separate entity – EdgeVerve.[7] In August 2015, Infosys merged Finacle – its core banking solution – with EdgeVerve to consolidate all Infosys products under EdgeVerve.[8][9]

References

  1. ↑ "About Edgeverve". Edgeverve.com. Retrieved 11 December 2015.
  2. ↑ "About Infosys subsidiaries". Infosys. Retrieved 11 December 2015.
  3. ↑ "Infosys Edgeverve salaries on par with Google, Amazon - Times of India". The Times of India. Retrieved 2016-02-02.
  4. ↑ "Infy eyes at least 10% of revenue from Edgeverve by 2020". Retrieved 2016-02-02.
  5. ↑ Limited, Infosys. "Finacle - Office Locations - Contact Us". www.edgeverve.com. Retrieved 2016-06-23.
  6. ↑ "Infy's Edgeverve moves out of parent's shadow". Retrieved 2016-02-02.
  7. ↑ "Infosys Edgeverve salaries on par with Google, Amazon - Times of India". The Times of India. Retrieved 2016-06-23.
  8. ↑ "Infosys to merge Finacle with Edgeverve - Times of India". The Times of India. Retrieved 2016-02-02.
  9. ↑ Sood, Varun. "Infosys to carve out Finacle, club it with EdgeVerve". http://www.livemint.com/. Retrieved 2016-02-02. External link in |website= (help)

External links

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