Infosys Secures Five-Year Collaboration with LKQ Europe for Business Transformation

22 Dec 2023 , 01:29 PM

On December 21, Infosys, a prominent IT services company, announced a five-year collaboration with LKQ Europe, a leading automotive parts distributor, for business process transformation.

This collaboration follows Infosys’ recent five-year deal with smart Europe GmbH in October, marking another significant long-term agreement from the European region in the current quarter.

Infosys is currently experiencing its highest-ever large deal pipeline, with $7.7 billion worth of large deals reported in the pipeline for the second quarter ending September 30.

In the new collaboration, Infosys will integrate multiple strategic acquisitions made by LKQ to streamline business processes, enhance product availability, and facilitate faster delivery to end customers.

LKQ Europe selected Infosys as a strategic partner for its IT-related business transformation due to Infosys’ strong credentials in ERP deployment and its commitment to a long-term collaboration.

Varun Laroyia, CEO of LKQ Europe, highlighted the project as an extension of their original program, aiming to build a more streamlined and impactful organization with a focus on customer-centricity.

Jasmeet Singh, EVP & Global Head of Manufacturing at Infosys, emphasized their expertise in harmonizing and digitizing complex processes to align with LKQ Europe’s goals, ensuring innovation, operational efficiency, and continued success in the automotive aftermarket industry.

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