EdgeVerve Systems Limited
| Industry | Enterprise software |
|---|---|
| Founded | Bangalore, India |
| Headquarters | Bangalore, India |
Area served | Worldwide |
Key people |
Sandeep Dadlani (Chairman) Michael Reh (Director) |
| Products | Finacle, AssistEdge, TradeEdge, ProcureEdge, CreditFinanceEdge, BrandEdge, InteractEdge[1] |
| Parent | Infosys Limited[2] |
| Website |
Edgeverve |
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. EdgeVerve has 6500 employees and generates revenue USD $500 million.[5][6] As of 2016, EdgeVerve operates in four geographic regions: Europe, Americas, Asia Pacific, Middle East and Africa.
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.[5] In October 2014, Michael Reh was appointed as the senior vice president of Finacle.[7] In August 2015, Infosys merged Finacle – its core banking solution – with EdgeVerve to consolidate all Infosys products under EdgeVerve.[6][8]
Products
AssistEdge
AssistEdge is a customer service product built on a .NET and J2EE platforms for customer service agents.[9] Its features include context-passing capabilities, self-help technology and unified dashboards.[10]
TradeEdge
TradeEdge was developed by Infosys in association with Proctor and Gamble and launched in 2013 by Infosys.[11] TradeEdge began as a retail trade platform aimed at emerging markets. Currently, it is delivered in the Cloud as an enterprise resource planning (ERP) solution.
- Market Connect is an automated platform for two-way data exchange between retailers and third-party agencies for visibility into sales, order and inventory data.[12]
- Market Pulse processes third-party, distributor and retailer data into business insights for traditional and modern trade.[13]
- Distributor Management System is a cloud-hosted ERP platform for distributors and intermediaries. They can access the platform’s pre-built business processes through the Internet.[12]
Finacle
Finacle is Infosys’ core banking product that was launched in 2000 and moved to EdgeVerve in 2015. It is a suite of products for e-banking, wealth management, mobile banking, customer relationship management, Islamic banking and wealth management, among others.[14] In November 2015, Infosys announced that Finacle would be available on Oracle Cloud, allowing banks that already have Finacle to move existing licenses onto cloud.[15]
References
- ↑ "About Edgeverve". Edgeverve.com. Retrieved 11 December 2015.
- ↑ "About Infosys subsidiaries". Infosys. Retrieved 11 December 2015.
- ↑ "Infosys Edgeverve salaries on par with Google, Amazon - Times of India". The Times of India. Retrieved 2016-02-02.
- ↑ "Infy eyes at least 10% of revenue from Edgeverve by 2020". Retrieved 2016-02-02.
- 1 2 "Infy's Edgeverve moves out of parent's shadow". Retrieved 2016-02-02.
- 1 2 "Infosys to merge Finacle with Edgeverve - Times of India". The Times of India. Retrieved 2016-02-02.
- ↑ "We want to be India's top employer for products: Michael Reh". Retrieved 2016-02-02.
- ↑ Sood, Varun. "Infosys to carve out Finacle, club it with EdgeVerve". http://www.livemint.com/. Retrieved 2016-02-02. External link in
|website=(help) - ↑ "Infosys launches AssistEdge to improve cross-channel customer service experience | CustomerThink". customerthink.com. Retrieved 2016-02-02.
- ↑ "Infosys Launches AssistEdge". CRM Magazine. 2013-01-23. Retrieved 2016-02-02.
- ↑ "Infosys Launches Sales Platform TradeEdge. Can Elephants Dance?". NextBigWhat. Retrieved 2016-02-02.
- 1 2 "Infosys unveils TradeEdge platform to provide visibility to brands". timesofindia-economictimes. Retrieved 2016-02-02.
- ↑ "Infosys launches sales platform, TradeEdge - Times of India". The Times of India. Retrieved 2016-02-02.
- ↑ "Vishal Sikka ropes in former SAP colleague Michael Reh to revive Infosys' Finacle". timesofindia-economictimes. Retrieved 2016-02-02.
- ↑ Brooks, Steve. "Finacle on Cloud on Oracle". Enterprise Times. Retrieved 2016-02-02.