Infosys, on July 9, announced a five-year strategic collaboration with Sector Alarm to transform the latter’s core enterprise business systems on the cloud, in an exchange filing.
The Europe-based security provider is owned partially by global investment firm KKR.
Lorenzo Bianchi, chief digital transformation officer, Sector Alarm, said, “Partnering with Infosys on implementing cloud-based ERP solutions, coupled with their strong collaboration with Microsoft, is a strategic step towards achieving this goal. Infosys’ expertise will give us the scalability and operational efficiency needed to seamlessly scale our business and reach new heights.”
Under this partnership, Infosys will help Sector Alarm, which is a European firm with Norwegian origins, migrate their disparate, on-premises enterprise resource planning (ERP) platform onto Microsoft Dynamics 365 Finance and Operations (F&O), the company statement said.
This will help Sector Alarm modernise its financial and business operating models, according to the filing.
“Capitalizing on Infosys’ digital transformation capabilities, the Microsoft platform will enable Sector Alarm to streamline finances, gain business insights, and help seamlessly integrate with their existing CRM platform,” it stated in the filing.
On July 9, shares of Infosys ended lower by 0.33 percent at Rs 1,656.2 on the NSE.
Commenting on the occasion, Jasmeet Singh, EVP and global head of manufacturing, Infosys, noted, “This collaboration with Sector Alarm is a testament to Infosys’ expertise in driving digital transformation for high-growth organizations. By leveraging cloud-based ERP and CRM solutions and our long-term partnership with Microsoft, we are looking forward to empowering Sector Alarm with a robust IT platform to achieve their ambitious growth.”
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