Bangalore: Infosys Technologies, India’s second-largest software company, said on 25 April that it has opened a new “nearshoring” facility in the Czech Republic to better serve its European clients.
The 400-person facility, opened by Czech president Vaclav Klaus in the city of Brno, will process transactions for European clients as well as provide software and related services, Bangalore-based Infosys said.
“The Brno centre is part of our strategy to build nearshore centres in various parts of the globe,” said Mohandas Pai, who heads Infosys BPO, the business process outsourcing arm of the company.
“This, along with our large offshore centres in India and the centre in China, gives us an expanded global network, allowing proximity to our clients,” Pai added.
“Nearshoring” is a form of outsourcing, where a company moves part of its operation to a relatively cheap site, whose location is closer than conventional outsourcing locations such as India.
The centre, which expands on Infosys’ presence since 2004 in Brno, will service clients in the automotive, manufacturing, banking and capital markets and insurance sectors.