Infosys Technologies Limited (NASDAQ:INFY) and Oracle today announced the completion of the implementation of a global human capital management (HCM) system, based on Oracle’s PeopleSoft Enterprise, at Weatherford International Ltd. (NYSE:WFT). This program has effectively transformed the company’s processes by streamlining its HCM operations and reducing administration costs while enabling it to accelerate business decisions.
Weatherford, one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry, launched the program as part of "One Weatherford,” a vision aimed at doubling the company’s size within the next four years. Over a period of 18 months, Weatherford and Infosys partnered together to consolidate, standardize and automate processes across 800 service bases around the world. By working together, the companies were able to automate HR processes specific to each country. In one instance, the implementation of a single automated process produced more than US$3 million in savings.
more at http://newsticker.welt.de/?module=smarthouse&id=887061
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