Transcript US Analyst Meet 2005

Europe update
B. G. Srinivas
Senior Vice President and Unit Head - EMEA
© Infosys Technologies Limited 2005 - 06
Safe Harbor
Certain statements in this Analyst Meet concerning our future growth prospects are forward-looking
statements, which involve a number of risks and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our
ability to manage growth, intense competition in IT services including those factors which may affect our
cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time
and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on
immigration, industry segment concentration, our ability to manage our international operations, reduced
demand for technology in our key focus areas, disruptions in telecommunication networks or system
failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on
our service contracts, the success of the companies in which Infosys has made strategic investments,
withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions
on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property
and general economic conditions affecting our industry. Additional risks that could affect our future
operating results are more fully described in our United States Securities and Exchange Commission
filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2005 and our
reports on Form 6-K. These filings are available at www.sec.gov. Infosys may, from time to time, make
additional written and oral forward-looking statements, including statements contained in the company's
filings with the Securities and Exchange Commission and our reports to shareholders. The company
does not undertake to update any forward-looking statements that may be made from time to time by or
on behalf of the company.
November 11, 2005
© Infosys Technologies Limited 2005 - 06
Infosys in Europe
H1 06 revenues of $238 m
Approx. 50-50 revenue split between
UK and Continent
70+ Active Clients
Over 35% of Progeon revenues come
from Europe (H1 06)
Service capability in 14 countries with
offices in 9 different countries
UK was the first
Infosys office in
Europe
November 11, 2005
Revenue ($ m)
500
437
400
355
300
204
200
100
78
106
133
0
FY01
FY02
FY03
FY04
FY05
UK Office
Opened in 1996
Germany Office
Opened in1999
Benelux Office
1999 - Belgium
France Office
2001 Paris office established
Nordic Office
2001 - Office in Sweden
Swiss Office
2002 - Office opened in Zurich
LTM
Sep 05
© Infosys Technologies Limited 2005 - 06
Europe Market
Europe is not a single market
IT Service Spend (Euro m)
200
169
22
54
17
19
45
47
49
51
53
55
56
58
60
12
16
27
12
17
27
13
17
13
17
13
18
28
28
28
2005
2006
2007
2008
2009
150
50
195
20
16
100
188
182
175
0
Biz Process Mgt.
Highly regulated market place
IT Management
GDM adoption starting to happen
Development &
Integration
80% offshoreable to India
Offshoring ($ m)
Consulting
Software Maint.
4,000
Hardware Maint.
3,500
271
334
3,000
2,500
Vertical
Financial Serv.
Manufacturing
15%
Retail
20%
2,000
1,500
1,000
Telecom
Public Sector
17%
20%
15%
8%
Utilities
November 11, 2005
500
169
246
185
132
204
153
102
172
126
223
2,766
2,332
1,882
1,076
1,453
0
2005
2006
2007
2008
2009
Resources
Transport and Services
*Gartner – July 2005
266
287
*Gartner – Sep 2005
1%
4%
215
UK/Ireland
ASG
FSI
Benelux + Nordics
*Forrester – July 2004
© Infosys Technologies Limited 2005 - 06
Driving growth through targeted market segments
Geo-Cluster strategy to drive growth and new market penetration
UK & Ireland
Austria, Switzerland & Germany
Benelux & Nordics
France, Spain & Italy
Eastern Europe, Middle East & Africa
Capitalize on domain skills and solutions in key industries
Financial Services
Retail & CPG
Telecom
Automotive & Aerospace
Strong alliances and partnerships driving growth and branding viz-Microsoft, SAP,
Oracle, Siebel
November 11, 2005
© Infosys Technologies Limited 2005 - 06
Infosys positioning in Europe
Positioned well on scalability – ABN AMRO deal paves the way for large deals
Leading Investment Bank - Global support desk transition
Application Integration program for a leading Financial Services company
SAP and SeeBeyond solution development and support for a manufacturing company
Leading telecom company – Customer care & billing system
Scaling up on consulting and local business domain capability with specially designed vertical solutions for
the region
Strengthening and leveraging global service capability to address diverse European market needs
Capability of managing and transforming systems core to client services
Infosys worked on the design and development of the top and bottom skin extensions within the inner
fixed trailing edge for the Airbus A380
Alstom R&D center set up
B-Source has entrusted Infosys with maintenance and re-engineering of “The Boss” - their core service
platform
Positioning as one-stop shop with service breadth
Multiple across the board engagements – consulting, application, testing, infrastructure, BPO deals
November 11, 2005
© Infosys Technologies Limited 2005 - 06
To reiterate…
Europe has been a growth engine for Infosys
Globalisation trends are impacting Europe
Scaling specific competencies to address client needs
Infosys Consulting
IT transformation capabilities
Managing multi-year outsourcing relationships
Investing in building Infosys’ market presence and brand in
Europe
November 11, 2005
© Infosys Technologies Limited 2005 - 06
Thank you
www.infosys.com
© Infosys Technologies Limited 2005 - 06