Improved Efficiency and Significant Cost Savings through a Flexible Managed Services Model

Similar documents
Master Data Management as a Solution Using SAP MDM and Complementing Technologies

Flexible and Agile Service Delivery Platform Elevates Customer Experience

INFOSYS MOBILITY QA PRACTICE

WHITEPAPER. An ECM Journey. Abstract

STUDY. Rethinking Retail. Insights from consumers and retailers into an omni-channel shopping experience

View Point. Image Area. Insurance Modernization New Demands, New Approaches. - Jeffrey Kupper, Lalit Kashyap, Siva Nandiwada, Srikanth Srinivasan

White paper. Risk and Compliance Management in Software Procurement. Abstract. - Siva R

WHITE PAPER. M-Health: Challenges, benefits, and keys to successful implementation. Abstract

Creating Business Value with Mature QA Practices

Enabling Innovation and Growth in Manufacturing Is Cloud computing the way forward?

BPM for Structural Integrity Management in Oil and Gas Industry

TALENT MANAGEMENT A KEY BUSINESS DRIVER

Realizing the Business Value of Master Data Management (MDM)

SEM for successful campaign management

Infosys Business Process Management Offerings

Commercial Insurance Coming of Age for Automated Underwriting

PERSPECTIVE. Product Compliance A Necessary Evil or an Opportunity? Executive Summary. Jagmeet Singh

VIEW POINT. Getting cloud management and sustenance right! It is not about cloud, it s about tomorrow s enterprise

Digital Advertising and Accelerated Customer Service Strategies

Introduction. External Document 2015 Infosys Limited

WHITE PAPER. An Integrated Property & Guest Management System A hotel management software for the future delivered over the cloud

WHITE PAPER. Impact of FATCA on Client Onboarding Achieve FATCA compliance with effective, result-oriented IT and operational changes.

perspective SOX Controls Driving Transformation of the Order-to-Cash Value Chain - Shyam R Rao

White paper. The long and short of managing tail spend. Deepa M.K. Abstract

WHITE PAPER. Precision marketing for financial institutions Hit the bulls-eye with predictive analytics. Abstract

WHITE PAPER. The PLM Domino Effect. - Jagmeet Singh and Jeff Kavanaugh

Image Area. White Paper. Best Practices in Mobile Application Testing. - Mohan Kumar, Manish Chauhan.

WHITEPAPER. Count your inventory in the right way for right results. Abstract

Infosys Oil and Gas Practice

View Point. The Enterprise QA Transformation Model. A solution to enhance an enterprises testing maturity. Abstract.

Image Area. View Point. Medical Imaging. Advanced Imaging Solutions for Diagnosis, Localization, Treatment Planning and Monitoring.

Segmentation, Targeting, and Positioning Cornerstones of a Successful Loyalty Program

Designing an Optimal Technology Landscape For Accounts Payable Transformation

White paper. Focus on value added services by network companies a paradigm shift. Rahul Kaushal, Ramakant Mittal

Omnichannel approach The secret ingredient of the marketing mix How omnichannel marketing can enhance customer experience and induce loyalty

White Paper. Social Media for Wealth Managers. - Swaran Kumar Patnaik. Abstract.

Business Transformation Services Transform your processes. Transform your business.

Using Analytics to Reduce Days Sales Outstanding (DSO) Accounts receivables analytics

Case Study. Noiseless Transition Infosys enables T-Mobile UK to faster realise the benefits of outsourcing its Finance Directorate Functions.

Decision Tree Methodology - A solution for Local Vs. Global Master Data conflict

Best Stories of Infosys Salesforce Implementation

Using QR codes to track and identify counterfeit products

Enhanced Unified Communication QoE through Software-defined networking (SDN)

Reduced Total Cost of Ownership (TCO) and Increased Scalability with a New Accounting Solution

Consolidation and outsourcing improves QA process and saves $3.5 million annually for a leading financial services company

Testing the Social-Mobile-Analytics-Cloud Pack: The Way Forward

DELIVERING AGILE QUALITY ASSURANCE THROUGH EXTREME AUTOMATION

Digital Marketing. SiMplifieD.

ADVANTAGE YOU. Be more. Do more. With Infosys and Microsoft on your side!

VIEW POINT. Accelerate Digital Connectedness through API Management. Abstract

Leveraging unstructured data for improved decision making: A retail banking perspective

Viewpoint. Choosing the right automation tool and framework is critical to project success. - Harsh Bajaj, Technical Test Lead ECSIVS, Infosys

perspective Customer Relationship Management Solutions for effective Customer & Dealer Management Abstract

perspective Progressive Organization

WHITE PAPER. Test data management in software testing life cycle- Business need and benefits in functional, performance, and automation testing

WHITE PAPER. Rethinking Corporate Social Responsibility (CSR) in Financial Services. Making business sense of sustainable CSR

VIEW POINT. Big data analytics: New whistleblower on insurance fraud. Abstract

Loss Prevention Data Mining Using big data, predictive and prescriptive analytics to enpower loss prevention

Emerging needs and challenges in Buy Side Order Management Systems

SAP PRACTICE AT INFOSYS

Standardization in the Outsourcing Industry

RFID in Automotive and Aerospace A cutting edge enabler for next generation collaboration

Wrap and Renew Digital SOA Catalog Offerings

Sonata Managed Application Lifecycle Services

Digital Marketing. Simplified.

Top 3 steps to a successful ERP implementation for M&A in manufacturing - a project management point of view

Gain superior agility and efficiencies with enterprise origination solution. Finacle Origination

A collaborative and customized approach to sourcing testing and quality assurance services Performance driven. Quality assured.

A collaborative and customized approach to sourcing testing and quality assurance services Performance driven. Quality assured.

Development Approach for Customized Testing Tools - Selecting Testing Tools Efficiently

WHITE PAPER. Getting started with Continuous Integration in software development. - Amruta Kumbhar, Madhavi Shailaja & Ravi Shankar Anupindi

"World Quality Report: Trends in Technology, Organization and Outsourcing"

Digital Transformation with Intelligent Solutions from Infosys and Pega

ACCELERATE INNOVATION. Get direct access to customers. Finacle Direct Banking Solution

VIEW POINT. Mobility Fuels Growth for Utility Companies

View Point. Overcoming Challenges associated with SaaS Testing. Abstract. - Vijayanathan Naganathan, Sreesankar Sankarayya

iworks healthcare Managed IT services

VIEWPOINT. High Performance Analytics. Industry Context and Trends

Get Significant Application Quality Improvement without Major Investment Performance driven. Quality assured.

Accelerate Innovation. Get a 360 view of customers Finacle CRM Solution

How do you manage the growing complexity of software development? Is your software development organization as responsive to your business needs as

Transcription:

Case Study Improved Efficiency and Significant Cost Savings through a Flexible Managed Services Model Abstract Infosys partnered with a leading global insurance provider to set up a global Testing Center of Excellence covering their entire range of testing needs. We transitioned the engagement from a project-based QA model to a managed services model with flexible pay-per-use pricing. Our solution helped the client transform their testing environment and achieve significant cost reduction with savings of up to 12%. With test effectiveness of over 99%, the client also gained from efficiency improvements through standardization, automation, reusability, and the use of proven methods and tools.

Client Details The client is a leading wholesale provider of reinsurance, insurance, and other insurance-based forms of risk transfer with revenues of over US$26 billion and total asset size exceeding US$225 billion. More than 10,000 employees serve their global client base of insurance companies, mid- to large-sized corporations and public sector organizations. From standard products to tailor-made coverage across all lines of business, they provide capital, expertise, and innovation to enable risk taking for the growth of enterprise and societal progress. The client is based in Switzerland with offices across the globe. Business Context A difficult economic environment was exerting severe cost pressures on the client s IT operations. Their primary requirement was to reduce the total cost of testing without affecting quality. To achieve this, they wanted a partner that would share risks and drive innovation. To transform their testing methods, approach and scope, the client required: Testing coverage across technologies, applications, and geographies Standardization of testing tools and processes A proven quality assurance (QA) partner that could provide managed QA services

Infosys Solution The Infosys team had, over the years, established a strong presence in most of the client s critical business units. We were already providing testing services for their core business applications, back office and other IT systems. In addition to expanding the scope of our testing services, the client also chose us as their preferred QA services partner with a mandate that included applications developed by other vendors. Based on the client s requirements, we provided a three-year flexible pricing engagement. As part of the solution, we set up a global Testing Center of Excellence to cover their entire range of testing needs. The center utilized our extensive testing knowledge and resources to cover over 90 applications across the US, Europe, and India. Along with the client, we jointly defined parameters that helped classify requirements by complexity and quantify them as work units. We also evolved a rate-per-work unit based on the complexity of the work, providing additional pricing flexibility. Infosys transitioned the engagement from a project-based QA model to a managed services model with flexible pay-per-use pricing. We also adopted a unit-based pricing approach for methodologies (Waterfall, Agile, etc.) as well as a risk-based testing methodology wherever required. An easy-to-use and reusable rules-based test automation framework along with a number of tools including an Excel comparator, data set up tool, and a return on investment (ROI) tool enabled the client to accurately measure the business value gained from our testing solution.

How we Deliver Value? Domain Knowledge Leveraged the expertise of our business analysts during the initial stages of the engagement Used a structured knowledge management approach that included industry reference models and artefacts Internal domain certification programme for every staff member Managed Service Converted offshore services to managed services, resulting in 13% cost savings during the first year A flexible resource pool was used to manage peak times Successfully executed Agile testing engagements SLA and Metrics Introduced several key processes including data capture, test management, and defect management through the quality center Utilized a risk-based testing methodology Developed an SLA-driven outcome approach Automation Testing Implemented ROI-based automation testing Successfully completed automation of multiple applications, resulting in cost reduction per application Leveraged up to 70% reusable components across projects Process Focus Plan Do Act Check Used standardized templates and checklists for different phases of testing lifecycles The combination of tool usage and reuse capabilities led to productivity improvements of up to 30%

Benefits Delivered The Infosys solution helped the client transform their testing environment and achieve significant cost reductions. They also gained from efficiency improvements through standardization, automation, reusability, and the use of proven methods and tools. The key benefits included: 1. Total cost of testing reduced by 12% through productivity improvements and reuse 2. Positive returns on the overall testing spend with ROI-based testing using standardized test processes 3. Established a one-stop-shop covering all testing needs including manual testing, automation, performance, and test consultancy 4. Improved test effectiveness to over 99% by servicing over 200 application releases without any major production issues 5. Ensured on-time delivery as per the agreed schedule

About Infosys Infosys is a global leader in consulting, technology and outsourcing solutions. As a proven partner focused on building tomorrow s enterprise, Infosys enables clients in more than 30 countries to outperform the competition and stay ahead of the innovation curve. Ranked in the top tier of Forbes 100 most innovative companies, Infosys with $7.4B in annual revenues and 155,000+ employees provides enterprises with strategic insights on what lies ahead. We help enterprises transform and thrive in a changing world through strategic consulting, operational leadership and the co-creation of breakthrough solutions, including those in mobility, sustainability, big data and cloud computing. Visit www.infosys.com to see how Infosys (NYSE: INFY) is Building Tomorrow s Enterprise today. For more information, contact askus@infosys.com www.infosys.com 2013 Infosys Limited, Bangalore, India. All Rights Reserved. Infosys believes the information in this document is accurate as of its publication date; such information is subject to change without notice. Infosys acknowledges the proprietary rights of other companies to the trademarks, product names and such other intellectual property rights mentioned in this document. Except as expressly permitted, neither this documentation nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, printing, photocopying, recording or otherwise, without the prior permission of Infosys Limited and/ or any named intellectual property rights holders under this document.