Industry Enterprise software Website Edgeverve.com Founded 2014 | Area served Worldwide Headquarters Bengaluru Parent organization Infosys | |
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Key people Board of Directors - Sandeep Dadlani (Chairman), Sanjay Purohit, Jonathan Heller, Arun Krishnan, Srinivasan Rajam, Roopa Kudva
Management - Anirban Dey, Sushanth Tharappan Products Finacle, AssistEdge, TradeEdge, ProcureEdge, CreditFinanceEdge, Profiles | ||
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. 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. The company is headquartered in Bangalore. 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. This was part of the Infosys strategy to increase its share of PPS revenues. Since, revenue growth from PPS required a different approach from a services-based company, it led to the creation of a separate entity – EdgeVerve. In August 2015, Infosys merged Finacle – its core banking solution – with EdgeVerve to consolidate all Infosys products under EdgeVerve.