Significant Investment to Enhance Digital Transformation Capabilities in the Energy Sector
Infosys, a global leader in next-generation digital services and consulting, has made a significant investment in MRE Consulting, a technology and business consulting service provider with expertise in energy and commodity trading and risk management (E/CTRM). This strategic acquisition is expected to further enhance Infosys’ capabilities in the energy sector, enabling the company to drive value for its clients through innovative solutions.
Benefits of the Acquisition
The acquisition of MRE Consulting will bring several benefits to Infosys, including:
- Expanded capabilities in E/CTRM platforms and ecosystems, enabling Infosys to better support its clients in the energy sector
- Access to a team of over 200 professionals with deep industry knowledge, consulting, and technology experience
- Proprietary E/CTRM business process frameworks that can accelerate vendor selection, solution design, and implementation
- New clients and opportunities for synergy with new buying centers
Ashiss Kumar Dash, EVP & Global Head – Services, Utilities, Resources, Energy, and Sustainability, Infosys
“The world is now shifting towards a more sustainable future,” said Ashiss Kumar Dash, EVP & Global Head – Services, Utilities, Resources, Energy, and Sustainability, Infosys. “With increasing complexity in integrating diverse sources of energy including renewables, global corporations require innovative solutions to navigate transformation. At Infosys, we are witnessing a significant rise in demand for digital transformation in energy and commodity trading and risk management (E/CTRM). By combining MRE Consulting’s deep E/CTRM capabilities with Infosys’ established leadership in the energy, resources and utilities sector, we are further enhancing our ability to drive value for our clients in this critical area of their business.”
Synergies with New Clients and Buying Centers
The acquisition is expected to bring new clients and opportunities for synergy with new buying centers, enabling Infosys to expand its reach and capabilities in the energy sector. MRE Consulting’s deep industry knowledge and expertise in E/CTRM will be leveraged to deliver innovative solutions to clients, driving growth and revenue for Infosys.
MRE Consulting Founders
“The opportunities for our clients at the intersection of data, AI, and technology are vast,” said MRE Consulting Founders, Mike Short, Dru Neikirk, and Shane Merz. “Beyond strong business synergy, we were seeking a partner who shared our values and mutual respect. By joining with Infosys, we will extend our expertise, deliver new capabilities, and expand beyond our current markets, while scaling what makes MRE special.”
About Infosys
Infosys is a global leader in next-generation digital services and consulting, with a strong focus on innovation and customer satisfaction. The company has a long history of delivering high-quality solutions to clients across various industries, including energy, resources, and utilities. With over four decades of experience in managing the systems and workings of global enterprises, Infosys is well-equipped to navigate the challenges of digital transformation.
About MRE Consulting
MRE Consulting is a technology and business consulting service provider with expertise in energy and commodity trading and risk management (E/CTRM). The company was founded in 1994 and has a proven track record of delivering innovative solutions to clients across the energy and utilities sectors. MRE Consulting is a Salesforce and Microsoft partner and has been recognized as a Houston Business Journal Best Places to Work.
Key Takeaways
- Infosys has acquired MRE Consulting to strengthen its capabilities in energy and commodity trading and risk management (E/CTRM)
- The acquisition will bring new clients and opportunities for synergy with new buying centers, enabling Infosys to expand its reach and capabilities in the energy sector
- MRE Consulting’s deep industry knowledge and expertise in E/CTRM will be leveraged to deliver innovative solutions to clients, driving growth and revenue for Infosys
- Infosys is well-equipped to navigate the challenges of digital transformation and will benefit from MRE Consulting’s expertise in E/CTRM
Conclusion
The acquisition of MRE Consulting by Infosys marks a significant milestone in the company’s journey to become a leading provider of digital transformation services in the energy sector. With its deep expertise in E/CTRM, MRE Consulting will enable Infosys to deliver innovative solutions to clients, driving growth and revenue for the company. As the energy sector continues to evolve, Infosys is well-positioned to capitalize on the opportunities presented by digital transformation.