8 hours ago
Infosys's US arm wins large ERP modernisation deal from Nexcom
Bengaluru:
Infosys
Public Services (IPS), the US subsidiary of Infosys, won a large deal from the US-based Navy Exchange Service Command (Nexcom). Nexcom chose IPS to spearhead a major transformation initiative, implementing Oracle Fusion Cloud to modernise and replace its current ERP financial management and procurement systems, sources told TOI.
Infosys is one of the top Oracle implementation partners among system integrators.
The US-based Nexcom signed a 14-year agreement with Infosys, which involves a combination of software licensing, professional services, and maintenance and support services. The deal is significant as it could potentially unlock newer opportunities in the Department of Defense. It also strengthens Infosys's position to tap into emerging opportunities in the federal sector, especially considering recent DOGE-related developments.
Infosys defines large deals as contracts over $50 million.
Nexcom supports warfighter readiness and Navy quality of life by delivering essential products, services, and hospitality to military communities worldwide. Through its retail stores, Ship's Store Program, telecom and uniform offices, textile research facility, and Hospitality Group, Nexcom effectively sustains the Fleet and military families. Nexcom is a non-appropriated fund instrumentality (NAFI) of the Department of Defense and the Department of the Navy, generating sustainment and modernisation funds through operations.
An email sent to Infosys and Nexcom didn't elicit a response by the time of going to the press.
