Infosys Press Release (PR)
Title: Infosys Finacle Inducted to IFSCA Regulatory Sandbox to Power Blockchain-Based Trade Finance
Author: ['Infosys Limited'] Infosys Finacle Inducted to IFSCA Regulatory Sandbox to Power Blockchain-Based Trade Finance  Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY) today announced that it has been inducted into International Financial Services Centres
Authority’s (IFSCA) Regulatory Sandbox framework to pilot its blockchain-based trade finance solution. The authorization was issued in the presence of the Honorable Prime Minister of India, Shri. Narendra Modi to Mr. Sajit Vijayakumar, Chief Operating Officer, Infosys Finacle, at an event organized by the IFSCA, at the Gujarat International Finance Tec-City (GIFT City).<|endoftext|> In the first phase, six leading banks - Federal Bank, HDFC Bank, HSBC, ICICI Bank, RBL Bank and State Bank of India– are collaborating with Infosys Finacle in the regulatory sandbox. This collaboration will lead to comprehensive testing of the blockchain-based Buyers Credit solution, for short-term credit in foreign currency for import payments and trade finance transactions. This will serve as a precursor to the solution being available as a SaaS-based offering for all banks servicing clients from GIFT City.<|endoftext|> In its endeavor to support a world-class fintech hub at GIFT City, IFSCA had launched I-Sprint’21, a global FinTech Hackathon, as part of InFinity Forum 2021. After multiple rounds of assessment, the Finacle Trade Connect, a blockchain-based solution was selected for the ‘Buyers Credit Optimization’ category and consequently, granted direct entry into the IFSCA’s Regulatory Sandbox.<|endoftext|> Finacle Trade Connect helps banks, corporates, and various trade partners, such as shipping companies, insurers, and customs agencies, connect directly on a unified distributed network enabling inter-organization automation of trade finance processes. Apart from Buyer’s Credit, the solution offers capabilities across Letter of Credit, Open Account for Trade, Bill Collection, Bill Exchange, C2C Transactions for Trade, B2C Transactions for Trade, PO Financing, Invoice Financing, Bank Guarantee, and Factoring.<|endoftext|> Starting with Buyers' Credit, the Finacle Trade Connect solution will remove friction from the trade finance value chain by connecting various commercial banks, their international banking units at GIFT city, and their business clients on a unified distributed platform. The new platform will speed-up transaction times from weeks to hours and drive significant cost savings. It will also enable trade expansion to drive economic growth. The solution will also enable marketplace capability where customers can request the participating banks’ international banking units at GIFT city to provide competitive quotes to unlock the best offers.<|endoftext|> Sajit Vijayakumar, Chief Operating Officer, Infosys Finacle, receiving the authorization letter from Joseph Joshy, Chief Technology Officer, IFSCA, on July 29, 2022, at GIFT City, Gujarat  Varun Bakshi, Head-Product, Transaction Banking, RBL Bank, said, “RBL Bank is delighted to collaborate with Infosys Finacle to introduce Blockchain Technology for Buyers Credit. This enhanced offering will enable us to launch a highly efficient transaction delivery platform as well as offer an effective mitigant against potential risks. We look forward to the current sandbox framework being expanded further by bringing more ecosystem participants on the platform thus benefitting all stakeholders.”  Sajit Vijayakumar, Chief Operating Officer, Infosys Finacle, said, “Trade is a vital engine for economic and social progress. Yet, trade finance has a huge unmet demand globally. Solving this problem can help unlock significant opportunities for businesses and banks. But the trade finance ecosystem is complex. Multiple entities and paper-heavy processes create high turnaround times and significant costs. At Infosys Finacle, we are very pleased to collaborate with leading banks and the IFSCA to help reimagine trade finance processes. The Finacle Trade Connect solution will help banks digitize and automate the currently cumbersome trade processes, to unlock significant value for the businesses and banking community.”  About Infosys Finacle  Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com  Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India and the US, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2022. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Infosys opens Sydney Living Lab to accelerate innovation in NSW
Author: ['Infosys Limited'] Infosys (NSE, BSE, NYSE: INFY) a global leader in next-generation digital services and consulting, has today announced the opening of its Sydney Living Lab, a high-tech co-creation space for digital innovation, part of a network of over 20 established globally, including Melbourne.<|endoftext|> The announcement was made during the Premier of New South Wales, Dominic Perrottet’s visit to Infosys headquarters in Bengaluru, India. The Premier toured the expansive 81-acre Infosys Bengaluru Campus, and immersed in digital experiences in the Infosys Bengaluru Living Lab. This included the Cybersecurity Command Centre, SUPRAP, Metaverse Foundry and Digital Twin experiences.<|endoftext|> This NSW Living Lab is a 160 sqm co-creation space in Infosys’ new Sydney office, which spans 2,030 sqm over two storeys at 100 Arthur Street in North Sydney. It will bring together Infosys’ digital ecosystem including clients, partners, start-ups, academia and government to inspire and nurture innovative digital solutions. The launch of the Sydney Living Lab closely follows that of the Melbourne Living Lab, which was unveiled in April this year.<|endoftext|> There are over 100 digital experiences to draw from, solution accelerators and services, which include Infosys Metaverse Foundry, Cloud services via Infosys Cobalt, Cyber Security, Sustainability, Edu Tech (Digital Learning), and co-creation workshops with Infosys Consulting’s product and portfolio development offerings. It will also feature WONGDOODY’s human experience design expertise to elevate brand and business interactions.<|endoftext|> “Sydney is an important digital hub in Australia, being home to many of the nation’s largest enterprises, start-ups and leading universities. We believe our local Living Lab will support the state’s world-class digital innovation sector through the introduction of a digital co-creation space where ideas can spark and incubate and collaboration can take place.” Executive Vice President Infosys and Region Head, Infosys Australia and New Zealand Andrew Groth  “Infosys’ further investment into New South Wales signifies its commitment to driving innovation and collaboration in the state to help us further strengthen our digital economy and drive jobs.” NSW Premier Dominic Perrottet  About Infosys  Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India and the US, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2022. These filings are available at www.sec.gov/. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Infosys to digitally re-imagine tennis heritage for the International Tennis Hall of Fame
Author: ['Infosys Limited'] Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it will unveil new immersive, digital experiences designed to enhance the tournament for fans at the Infosys Hall of Fame Open in Newport, R.I. from July 10-17, 2022 and a roadmap of exciting innovations in the metaverse with the International Tennis Hall of Fame (ITHF).<|endoftext|> As the sports industry rapidly evolves in response to the emergence of new technologies across Web 3.0, metaverse, cloud, and AI, Infosys is teaming with the ITHF to deliver the following for fans, players, and visitors to the ITHF museum:  Digital revamp of the tournament website with an all-new Match Center:  Starting in 2022, the Infosys Hall of Fame Open will feature an all-new match center for fans from around the world to tune in and get powerful data insights across the matches from the tournament. This will feature: Matchbeats and AI Quiz: Matchbeats is an interactive live match visualization that provides fans with interesting point-by-point insights as the action unfolds. The AI powered insights section inside it will provide a narrative around the match situation akin to a commentator in the booth. At the end of each set, fans can engage in an AI quiz based on the stats from the set. Automated Live Commentary: The Infosys Tennis Platform will bring to fans automated text-based live commentary from each of the matches further adding a rich dimension to follow the action. Stats, live results, and scores: The tournament website has also been updated with a new live score and results section which has been automated. Each match will also feature a unique Stats feature that will not only provide match stats but based on AI logic, sort them by significance, and tell a deeper story of the match.<|endoftext|> Starting in 2022, the Infosys Hall of Fame Open will feature an all-new match center for fans from around the world to tune in and get powerful data insights across the matches from the tournament. This will feature: Immersive ITHF Metaverse Museum: Infosys and ITHF have also embarked on a journey to preserve the heritage of the sport and celebrate its champions and rich history by developing an immersive virtual metaverse museum that will be accessible for fans around the world.<|endoftext|>   This year select guests at the ITHF will get a chance to see a sneak peek of the experience on Oculus VR headsets.<|endoftext|>   The complete project is due to be launched in 2023 with a web and VR version that fans will be able to experience.<|endoftext|> “As the Official Digital Innovation Partner and title sponsor for ITHF’s annual ATP tournament – the Infosys Hall of Fame Open – we’re thrilled to enable the sport of tennis to navigate new frontiers and embrace digital innovation. At the Infosys Hall of Fame Open, we will showcase futuristic innovations leveraging the Infosys Tennis Platform, delivering unforgettable experiences for fans, and uplifting the tennis community as a whole,” said Ravi Kumar S., President, Infosys.<|endoftext|> “We’re proud to partner with Infosys to continue to digitally transform the ITHF experience both on and off the tennis courts. This partnership presents exhilarating new opportunities as we will be able to engage fans in the excitement of the Infosys Hall of Fame Open and also provide greater access to the sport’s inspiring history to fans across the globe via digital, immersive experiences,” said Todd Martin, CEO, ITHF.<|endoftext|> For more information, visit infosyshalloffameopen.com. To learn more about Infosys’ collaboration with ITHF, visit infosys.com/ITHF.<|endoftext|> About the International Tennis Hall of Fame  The International Tennis Hall of Fame (ITHF) is a non-profit organization that preserves and promotes the history of tennis and celebrates its champions, thereby serving as a vital partner in the growth of tennis globally. The ITHF is located in Newport, Rhode Island in the United States, with Hall of Famers hailing from 27 nations around the world. The Hall of Fame honors these legends and chronicles the sport’s history in a comprehensive interactive museum in Newport and programming to celebrate the sport around the world. For information on the International Tennis Hall of Fame and its programs, visit tennisfame.com.<|endoftext|> About Infosys  Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India and the US, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2022. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Infosys to Acquire Life Sciences Consulting and Technology Leader, BASE life science
Author: ['Infosys Limited'] Infosys (NSE, BSE, NYSE: INFY) a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire BASE life science, a leading technology and consulting firm in the life sciences industry, in Europe. The acquisition reaffirms our commitment to help global life sciences companies realize business value from cloud-first digital platforms and data, to speed-up clinical trials and scale drug development, positively impacting lives and achieving better health outcomes.<|endoftext|> BASE brings to Infosys, domain experts with commercial, medical, digital marketing, clinical, regulatory, and quality knowhow. Backed by a team of data science specialists, BASE is at the frontier of the latest technological developments and trends. It has a strong focus on Data & AI, and the ability to bridge and integrate business logic and technology, driving insights for better health outcomes.<|endoftext|> Headquartered in Denmark, BASE is one of the fastest growing technology and consulting partners in the life sciences industry. The company has about 200 of the finest, multidisciplinary industry experts across Denmark, Switzerland, UK, Germany, France, Italy, and a nearshore technology hub in Spain. Together with Infosys, BASE will further expand its portfolio of expertise into Consumer Health, Animal Health, MedTech and Genomics segments. BASE collaborates with leading software technology providers in the life sciences industry such as Veeva, IQVIA and Salesforce.<|endoftext|> Ravi Kumar S, President, Infosys, said, “This acquisition augments Infosys’ deep life sciences expertise, and expands our footprint further in the Nordics region and across Europe, and scales our digital transformation capabilities with cloud-based industry solutions. We are excited to welcome BASE life science and its leadership team into the Infosys family.”  “Over the last five years, BASE life science has delivered tremendous growth, and created a stellar life sciences consulting firm in Europe. With Infosys as our catalyst, we will be able to accelerate our expansion internationally and create development opportunities for our people. Infosys is a solid, global technology leader, that is a perfect match for ensuring continuous success of BASE while sharing our common purpose and values.", said Martin Woergaard, CEO, BASE life science.<|endoftext|> The acquisition is expected to close during the second quarter of fiscal 2023, subject to customary closing conditions.<|endoftext|> VEEVA is a trademark of Veeva Systems Inc.<|endoftext|> IQVIA is a trademark of IQVIA Holdings Inc.<|endoftext|> Salesforce is a trademark of salesforce.com, inc.<|endoftext|> About BASE life science A/S  BASE life science is an innovative and forward-thinking technology, product and service consultancy specialized in creating real business value from digital platforms and data, growing people, and delivering innovative solutions that have a sustainable and lasting impact in an industry that matters.<|endoftext|> Its experienced teams optimize technology and business processes within Customer Engagement, Quality, Regulatory, Compliance and Clinical data management for companies within the life science industry. BASE life science’s aspiration is to be the leading life science technology consulting company in Europe and currently operates from offices located in Denmark, Switzerland, Spain, Italy, France, United Kingdom and Germany from where they assist customers across the globe. Fueled by its dedicated teams’ hard work and efforts, BASE life science has been cemented as a reliable advisor in the life science industry, striving for continuous excellence to remain an entrusted partner that can bring its customer’s visions successfully to life. www.baselifescience.com  About Infosys  Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India and the US, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2022. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Infosys Wins 2021 Google Cloud Specialization Partner of the Year Award for Cloud Migration
Author: ['Infosys Limited'] Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been awarded the 2021 Google Cloud Specialization Partner of the Year award for Cloud Migration.<|endoftext|> Infosys has been recognized for its achievements in the Google Cloud ecosystem enabling seamless transitions with accelerated workload migrations to Google Cloud. The award recognizes the deep expertise and capabilities developed as part of Infosys Cobalt in collaboration with Google Cloud, creating a scalable, on-demand cloud model that will help enterprises navigate digital transformation and adopt a cloud-first strategy.<|endoftext|> Infosys in collaboration with Google Cloud designs and develops cloud transformation and migration services for enterprises across industries leveraging Infosys Cobalt assets such as the Cloud Migration Assessment Framework, Cloud Suitability Assessment Framework and Workload Migration Suite. This has helped enterprises drive better business outcomes, minimize risks while adhering to regulatory standards.<|endoftext|> Infosys has consistently demonstrated innovative thinking and outstanding customer delight, by harnessing Google Cloud and Infosys Cobalt assets to create industry-leading solutions such as the Infosys Media Platform, for which Infosys was awarded the 2020 Google Cloud Industry Solutions Partner of the Year Award for Media and Entertainment. In addition, Infosys has been named a Foundational Partner in the launch of Google Cloud Cortex Framework and is accredited with the Google Cloud Partner Specialization for Cloud Migration, Infrastructure, and Data and Analytics.<|endoftext|> Victor Morales, Managing Director, Global System Integrators Partnerships, Google Cloud, said, “Google Cloud Specializations recognize partner excellence and proven customer success in a particular product area. Based on their certified, repeatable customer success and strong technical capabilities, we’re proud to recognize Infosys as the Cloud Migration Specialization Partner of the Year.”  Anant Adya, Executive Vice President, Infosys Cobalt, Infosys, said, “We are delighted to be recognized by Google Cloud. Enterprises today operate in hybrid and multi-cloud environments and require a partner to build a strong foundation and seamlessly migrate workloads with minimal risks. By leveraging our market-leading and innovative Infosys Cobalt offerings on Google Cloud, enterprises can significantly accelerate their journey to the cloud and drive digital transformation agenda in a dynamic business environment.”  About Infosys  Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India and the US, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2022. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Infosys and Roland-Garros Launch Digital Innovations to Bring Alive the Tournament’s Legacy, While Equipping Future Generations Through a New STEM Initiative
Author: ['Infosys Limited'] Infosys and Roland-Garros Launch Digital Innovations to Bring Alive the Tournament’s Legacy, While Equipping Future Generations Through a New STEM Initiative  Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, and the French Tennis Federation (FFT) have today revealed the latest innovations that will usher in a new era of technology-driven sports viewing and fan engagement. The two organizations are kickstarting their five-year extended partnership through a range of 3D, AR, VR and AI powered experiences. Beyond the court, the partnership will also deliver a new STEM1 initiative that leverages tennis as a platform to educate and inspire young people about the impact of science and technology in sport.<|endoftext|> The innovations are designed to engage, inspire, and immerse audiences by using technology in ways that will enhance the viewer journey across the tournament’s heritage, matches and experience. This includes:  Celebrating history with a Champions Wall and 3D Racket Exhibition – Building on the success of the 2021 Roland Garros 3D Art Museum, fans will be treated to a new 3D immersive exhibition showcasing the evolution of rackets over the tournament’s history. This interactive 3D experience will also feature iconic men’s and women’s champions over the decades.<|endoftext|> – Building on the success of the 2021 Roland Garros 3D Art Museum, fans will be treated to a new 3D immersive exhibition showcasing the evolution of rackets over the tournament’s history. This interactive 3D experience will also feature iconic men’s and women’s champions over the decades. Transformed match viewing with contextual match stats and Patterns of Play – Infosys Stats Flash will track records broken, and performance across the tournament with real-time data overlaid on live match footage. The Infosys Match Center will also feature a new interactive visualization, called Patterns of Play, which delivers in-depth views of player tendencies and winning tactics. Together these capabilities enable a new, data-driven broadcast experience.<|endoftext|> – Infosys Stats Flash will track records broken, and performance across the tournament with real-time data overlaid on live match footage. The Infosys Match Center will also feature a new interactive visualization, called Patterns of Play, which delivers in-depth views of player tendencies and winning tactics. Together these capabilities enable a new, data-driven broadcast experience. Pushing the boundaries of the viewing experience through AR and VR capabilities – By pointing the camera of a phone or tablet device at any flat surface, fans will be able to see an augmented reality court with interactive representation of the shots, statistics, positioning and ball trajectories for every point won. Fans will also have the opportunity to play tennis virtually on the beloved Philippe-Chatrier court and engage with other fans in the metaverse through Social VR.<|endoftext|> Building on previous years’ progress, AI will continue to play a key role in engaging players, coaches, broadcasters, and journalists alike through the Infosys Tennis Platform, which delivers AI videos and insights on web and mobile app platforms.<|endoftext|> The partnership’s commitment to harnessing technology for the benefit of the tennis ecosystem will also be expanded through the launch of an annual STEM initiative for young people. The joint initiative leverages Infosys Springboard – a free online learning platform – to encourage young people from across Paris to take up fields of science, technology, engineering, and mathematics by showcasing the range of ways these disciplines are used in tennis. Students will also have the opportunity to experience a day at Roland Garros to interact with tennis legends and learn more about the exciting role digital skills can play both on and off the court.<|endoftext|> Amélie Mauresmo, Tournament Director, Roland-Garros said “As we embark on an additional five-year partnership with Infosys, we’re really excited about expanding the reach and impact of the RG Tournament and touching people’s lives in new ways. What we’ve achieved yet again this year is testament to the strength of our relationship with Infosys as our digital innovation partner, and we continue to be an example for other sports tournaments around the globe.”  Sumit Virmani, Chief Marketing Officer, Infosys, said “This year we wanted to bring a purposeful approach to the tournament and support Roland Garros in delivering a sense of true immersion and community impact. Through digital experiences powered by AR, VR, 3D technologies and the metaverse we’re engaging fans, students, coaches and players in a more experiential way to bring the entire ecosystem closer together, and closer to the action. The launch of our STEM program to use digital as a means to create a positive platform for society highlights how this partnership seeks to go beyond the court and create a wider social impact.”  The tournament runs from 22nd May 2022 to 5th June 2022. To experience the latest digital innovations, visit Roland-Garros.com. For more information on the partnership visit: Infosys.com/Roland-Garros.<|endoftext|> 1STEM: Science, technology, engineering, and mathematics  About Roland-Garros  In the eyes of sports fans, and indeed the general public, Roland-Garros is an unmissable event. The 2021 edition of Roland-Garros was broadcast in 222 countries worldwide, confirming the tournament's status as a first-class international sporting event. Organised by the French Tennis Federation, Roland-Garros is the only Grand Slam tournament to be played on clay, one of the oldest and most noble surfaces in the history of tennis.<|endoftext|> About Infosys  Infosys is a global leader in next-generation digital services and consulting. We enable clients in over 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Infosys and Palo Alto Networks Collaborate to Secure Complex and Mission-Critical Environments for Global Enterprises
Author: ['Infosys Limited'] Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, and Palo Alto Networks, the global cybersecurity leader, today announced a 360 degree collaboration to elevate the security-maturity of large enterprises with mission-critical digital landscapes and to help prevent the threat of cyberattacks on their critical infrastructure.<|endoftext|> Infosys and Palo Alto Networks will bring their combined expertise to accelerate the creation of state-of-the-art network security solutions that will be delivered through the Infosys global network of security operations centers. Infosys and Palo Alto Networks will enhance these security solutions for their worldwide customers like Mercedes-Benz, among others.<|endoftext|> Today, Infosys Cyber Next platform offers comprehensive managed security services and delivers swift security maturity supported by Palo Alto Networks Cortex® XSOAR to over 35 global enterprises through the Infosys Cyber Defense Centre network. Several businesses, the world over, are also taking advantage of Zero Trust based access to resources on the cloud and in their data centers enabled by Infosys SASE-as-a-service powered by Palo Alto Networks Prisma® SASE. For example, a leading global mining company headquartered in Australia leveraged the solution to transform their security landscape by embracing a cloud-first approach to cyber-protection. Another example is of an American investment management company working with Infosys to protect their cloud workloads against sophisticated threats with Palo Alto Networks Cloud NGFW solutions.<|endoftext|> Nikesh Arora, CEO – Palo Alto Networks, said, “It’s imperative for organizations to rethink their cybersecurity strategy as part of their digital transformation. Together with Infosys, we are securing enterprises at every stage of the business lifecycle, minimizing security risks while maximizing visibility of the security threat, impact and resolution. It’s a powerful partnership that will equip and empower our joint customers well.”  Ravi Kumar S, President, Infosys, said, “Cyber incidents are as much a part of the new business reality as our growing reliance on digitalization with the proliferation of endpoint devices, and the vulnerabilities inherent in hybrid and remote-work setups. The competitive divide between winners and the others will stem from their ability to transform in response. Our strategic collaboration with Palo Alto Networks will help us create greater value faster for our clients as they look to secure their transformation landscapes even as they adapt in real time to ongoing dynamic shifts.”  In addition, Palo Alto Networks and Infosys will bring together solutions that enable global organizations to secure hybrid cloud infrastructure from a single unified platform, while maximizing existing investments and integrating SASE and Zero-Trust architecture components. Offerings will include next generation security solutions and platform based managed service. Palo Alto Networks Prisma SASE provides an agile approach and Zero Trust posture for securing users, applications and traffic and leverages ML-powered threat prevention to instantly stop 95% of web-based threats inline. Infosys cloud security services combined with Palo Alto Networks Prisma® Cloud will help customers gain unmatched visibility and protection across public, private and hybrid clouds.<|endoftext|> Infosys is fully invested in building deep expertise in network, cloud and workplace security along with SASE and security operations without compromising performance or the ability to scale. Infosys has trained cybersecurity professionals across multiple technologies, including solutions offered by Palo Alto Networks, to drive this agenda. These trained experts and the collaboration with Palo Alto Networks will further strengthen Infosys’ ability to help enterprises achieve regulatory compliance faster, improve security posture for mission-critical applications and effectively secure even the legacy devices in their network.<|endoftext|> About Infosys  Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Australian positivity towards tech for work halved in year two of the pandemic
Author: ['Infosys Limited'] New consumer research from Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, has found that two years of pandemic-induced reliance on technology for work has altered our relationship with digital apps and services.<|endoftext|> When asked what they’d like to see the back of respondents stated they were tired of “Zoom video calls” and “being contactable 24/7”. In turn appetite for virtual collaboration tools and video conferencing has dropped, despite the use of technology to enable remote and flexible working being the popular application of digital services.<|endoftext|> A year prior, in November 2020 Infosys’ CX to HX report revealed that tech was bringing Australians more joy, flexibility, and empowerment than ever before. This time around respondents spoke of “a love-hate relationship” with using tech for work, reflecting in part on the ease of it, but also referring to it as “exhausting” and “depressing”.<|endoftext|> This follows reports of employee tracking software having become the ‘new normal’, while Google data suggests our virtual working lives are here to stay with foot traffic into offices yet to return to pre-pandemic levels as of April 2022.<|endoftext|> Andrew Groth, Executive Vice President Region Head, Australia & New Zealand commented; “as employers continue to evolve and advocate for digital tools, they need to keep in mind the mental strain people are experiencing with uncapped screen time. Digital Fatigue means less clarity and creativity, resulting in a reduced capability to innovate and explore new ideas.”  Interestingly the study also revealed New Zealanders experienced a much smaller drop in positive sentiment – from 57% in ’20 to 41% in ’21 – suggesting that Australia being home to Melbourne, the world’s most locked down city, may have greatly impacted local sentiment.<|endoftext|> Matt Kain, WONGDOODY President APAC reflected on this point, stating; “fatigue is not universal, a fact that will challenge global businesses that are designing with employee welfare in mind – underscoring the need for personalisation”.<|endoftext|> From good to best – what’s next for digital services?  Respondents were twice as likely to feel neutral about using tech for leisure this time around, but anecdotal responses suggested it’s easier to strike a balance between our virtual and physical lives outside of work.<|endoftext|> There’s plenty of positives too with the elderly and immunocompromised having described their online lives as a “life-line” and “empowering”.<|endoftext|> In terms of what people want more of, speed and ease of use increased its lead as the most important factor for Australians, with 80% of respondents calling this out as the leading driver of brand loyalty.<|endoftext|> Andrew Groth commented; “consumers are calling for digital experiences that are quick and easy so getting those basics right then going beyond that to create the kind of entertaining, empowering and helpful experiences people want is where a valuable point of difference exists.”  “Meanwhile, the metaverse concept represents a nascent potential for brands and users to connect in completely new ways and truly transform the digital era. What we’re seeing is the rise of a parallel online reality, where people can work, shop, and connect digitally – with good design making it feel more human”  In terms of the digital services recognised as most improved over the past year, respondents rated banking and retail most highly, followed closely by groceries. These services were also recognised as the most accessible for people with a disability, which is important to note given respondents called specifically for more inclusive design that’s tested by the end user.<|endoftext|> One respondent asked that businesses “hire disabled people to test and give feedback because if you don’t have the disability, you can’t give accurate feedback like we can.”  Another observed that accessibility benefits all users stating, “I have noticed technology becoming easier to use, probably due to the increasing amount of people of all ages and technical skills using websites and services.”  “Two years into the pandemic it’s clear our relationship with technology is beginning to strain” commented Matt Kain.<|endoftext|> “What’s promising is that respondents still see the joy in technology, with its ability to connect coming through strongly. It’s this human aspect of technology that will become increasingly desirable and set businesses apart – but only if they make it accessible by design” he concluded.<|endoftext|> References  About Infosys  Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> About WONGDOODY  WONGDOODY is an award-winning creative agency and the global experience-and-design platform for Infosys. The company is recognized for branding, retail, and consumer insights. With offices in Seattle, New York, Los Angeles, Melbourne, London and across the globe; WONGDOODY clients have included Amazon, Honda, and a wide range of Fortune 500 companies.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Backcountry Taps Infosys and Google Cloud to Create Seamless, Secure Digital Experience for Outdoor Enthusiasts
Author: ['Infosys Limited'] Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it has been selected by Backcountry, a premier online retailer of outdoor gear and apparel, to deliver a seamless and secure digital experience making it even easier for customers to pursue their outdoor passions. Backcountry also uses Google Cloud to fuel its data-driven transformation and help optimize business outcomes with analytics and real-time insights. As the spring and summer seasons ramp up and more consumers embrace outdoor activities, Backcountry will be prepared for a surge of activity with its agile, cloud-driven business model and ability to identify security risks proactively – preventing any disruption to operations and strengthening protection of customer data.<|endoftext|> Leveraging Infosys Cobalt and Google Cloud Platform, Backcountry has embarked on a cloud-driven transformation journey to enhance the customer experience and improve its security posture in an increasingly turbulent cyber landscape. Infosys’ Cyber Next platform offers Backcountry real-time visibility into security and ransomware risks, allowing the company to proactively mitigate threats and minimize exposure. Infosys has also provided security threat monitoring with its platforms Cyber Watch, a comprehensive security detection and response platform, and Cyber Scan, a vulnerability risk management platform – both of which fortified Backcountry’s business operations. Given the volume of ecommerce transactions Backcountry handles every day, these measures are critical to optimizing security and creating a safe digital shopping environment.<|endoftext|> Infosys Cobalt solutions accelerated Backcountry’s transformation with Google Cloud and introduced new security and resilience features for eCommerce and backend systems, helping Backcountry to not only secure day-to-day customer transactions, but also their larger business platform.<|endoftext|> Backcountry’s initial shift to the cloud started by selecting Google Cloud as its platform for digital transformation. The company moved its marketing, product, sales, order processing, inventory, and supply chain data into Google BigQuery, giving Backcountry the ability to apply predictive analytics capabilities to its data in one, secure location. In addition, using BigQuery has given Backcountry the ability to quickly identify and respond to changing customer demand while keeping costs low and optimising operations at scale. Backcountry also implemented Looker to help fuel the real-time data analytics needed for financial success – all while operating on Google Cloud’s global, secure, and flexible cloud infrastructure.<|endoftext|> Karmesh Vaswani, Executive Vice President and Global Head Consumer, Retail & Logistics, Infosys, said, “COVID-19 fueled a new wave of demand for online retailers like Backcountry, requiring rapid transformation to meet customer expectations. We’re delighted to join forces with Backcountry to implement a secure, cloud-first customer experience and build on Infosys Cobalt and Cyber Next platform to continue handling unexpected exigencies with security and quality at the forefront.”  “It’s been incredible to see how using Google Cloud’s secure and global infrastructure and capabilities like Looker and Google BigQuery have furthered Backcountry’s ability to deliver exceptional shopping experiences to its customers,” said Janet Kennedy, Vice President, North America Regions, Google Cloud. “Backcountry’s commitment to its customers is evident in its dedication to digitally transforming its business, and we’re proud to support this next phase of its cloud journey.”  Vismay Thakkar, VP of Technology, Backcountry, said “As we enter the Spring season and our customers embark on more outdoor adventures, we anticipate heightened demand for our products, which is why we’re opening new brick-and-mortar stores to meet their needs in any format. Infosys offers the necessary skills and resources to deliver a secure and seamless customer experience, virtually or in-person, which is why our collaboration is proving to be so powerful.”  About Backcountry  From the one-on-one expertise of our Gearheads to our epic selection of the best in both style and performance, Backcountry has been a leading outdoor retailer since 1996. Dialing in your gear closet, exploring your backcountry, recharging with après—Backcountry elevates the entire outdoor experience. In 2018, Backcountry began building its own Gearhead-inspired products; the fast-growing Built By Backcountry ski, MTB, climb, hike, fly fish, and après lines include collabs with brands like GORE-TEX Technology, Burton, and Simms. Seek it, find it, send it—the Goat takes you further.<|endoftext|> About Infosys  Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Infosys Modernization Radar 2022: Half of Enterprise Legacy Applications to be Modernized in the Next Two Years
Author: ['Infosys Limited'] Infosys Modernization Radar 2022: Half of Enterprise Legacy Applications to be Modernized in the Next Two Years  The race to modernize continues, and companies already see the finish line, according to new research from the Infosys Knowledge Institute, the thought leadership and research arm of Infosys (NSE, BSE, NYSE: INFY). The study reveals that 50 percent of the global legacy application landscape is expected to modernize in the next two years, with 70-90 percent modernizing in the next five years.<|endoftext|> Infosys Modernization Radar 2022 found that application modernization leads to increased benefits from cloud, enterprise data, and exponential technologies like analytics, APIs, AI and microservices. Modernization also improves scalability and creates a digital backbone. The research underscores that modernization reduces operational expenditures, increases revenues, and provides a better customer experience.<|endoftext|> The research identified four swift and effective modernization approaches:  1. The right modernization strategy: Holistic, automated, and aligned  Our research found that 88 percent of systems are legacy; of those, 45 percent are legacy mainframe. More than half (52 percent) are core to the business, and the rest are supporting applications – all need to avoid the risk of disruption. Many of the legacy systems lack adequate support, making them vulnerable and presenting security risks. Companies should adopt a holistic view of the enterprise estate, increase automation, and align business and IT on modernization decisions.<|endoftext|> 2. Multiple talent pools reduce risk  Fifty-one percent of respondents cited the lack of skills and talent as a bigger pain point than the risk of disruption (27 percent) and modernization costs (24 percent). Companies need to upskill their employee base and acquire niche skills such as reengineering, database modernization, and rules externalization. The research recommends companies invest in their workforce, build communities of practice for modernization, and tap the gig economy to harness talent as a modernization tool.<|endoftext|> 3. Modernization investment should be more strategic than discretionary  Although companies on average invest a full 65 percent of discretionary budget on modernization projects, large companies tend to budget more strategically for modernization. These firms develop a clear modernization roadmap and are more likely to go all-in on big modernization projects. Modernization is now on the executive agenda, and it should become a crucial component of enterprise technology planning.<|endoftext|> 4. Phased approach and coexistent methodologies are less disruptive than a big-bang approach  A systematic phased and coexistent approaches to modernization cause the fewest disruptions. When legacy and modernized applications coexist with two-way data syncing, this coexistence limits end-user disruptions. According to the research, 51 percent of respondents who extensively use a big-bang approach experience more frequent and severe disruption. However, severe disruption levels and frequency for a phased and coexistent methods were far lower.<|endoftext|> Ravi Kumar S, President, Infosys, said, “Enterprises must accelerate their modernization journey and it is imperative that they act now. As the Infosys Modernization Radar 2022 shows, a wait-and-see approach is just not tenable. Modernization plays a pivotal role in equipping businesses to deliver strategically and seamlessly in a customer-centric era. Our Infosys Modernization Suite, part of Infosys Cobalt, helps enterprises modernize their legacy systems and become future-ready.”  To learn more about Infosys Modernization Radar 2022, please visit: https://www.infosys.com/services/application-modernization/insights/modernization-radar-2022.html  Methodology  Infosys used a blind format to conduct an online survey of 1,500 senior technology leaders and executives across thirteen industries across the U.S., Europe, Australia, and New Zealand. To gain additional qualitative insights, phone interviews were also conducted with practitioners and subject matter experts.<|endoftext|> About Infosys  Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: Manufacturers Alliance Foundation and Infosys Issue Industry Progress Report on Carbon Neutral Goals
Author: ['Infosys Limited'] Manufacturers Alliance Foundation and Infosys Issue Industry Progress Report on Carbon Neutral Goals  Industrial companies consume over half of the energy and produce one-fifth of greenhouse gas emissions globally, giving the sector a significant opportunity to support climate initiatives. A new report from Manufacturers Alliance Foundation and Infosys (NYSE: INFY), “Delivering on Carbon Neutral Goals,” outlines the progress manufacturers have made to-date on reducing carbon emissions across three scopes: direct emissions, indirect emissions from electricity purchases, and indirect emissions derived from a manufacturer’s value chain. The report also shares steps on how manufacturers can move forward in reducing emissions and provides examples from manufacturing executives across sectors at various stages in their carbon neutrality journey.<|endoftext|> “The manufacturing sector is an important player in helping reduce the global carbon footprint,” notes Stephen Gold, President and CEO of Manufacturers Alliance. “This report shines a light on where U.S. manufacturers are today and how they can continue to support sustainability and growth.”  Findings include:  45% of manufacturers are exploring how to expand their carbon footprint initiatives, with 28% already expanding initiatives beyond factories.<|endoftext|> The aerospace and automotive industries are ahead of the pack with over 30% of respondents, (which is more than double other industries covered in the survey), saying they are tracking across all three scopes of emissions.<|endoftext|> 94% of respondents noted that capturing a product’s carbon footprint was difficult as only 28% have a system in place to track the carbon footprint of their products.<|endoftext|> Digital technologies were identified as a key resource for emission tracking, with four stages of maturity identified in the digitalization journey. 45% of respondents are already using data to track and monitor emissions.<|endoftext|> “Providing visibility and insights from manufacturing operations data is key to accelerating progress on sustainability goals,” says Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys. “Digitalization tools will enable manufacturers to meet the sustainability goals while continuing to optimize performance.”  About Manufacturers Alliance Foundation  Manufacturers Alliance Foundation is the 501(c)(3) partner of Manufacturers Alliance. The Alliance Foundation provides educational opportunities for the manufacturing community and its stakeholders through insights, events, and tools for today’s most critical business decisions. The Alliance Foundation focuses on talent, technology, digital transformation, and competitiveness. Learn more about the Alliance Foundation: manufacturersalliance.org/foundation  About Manufacturers Alliance  Manufacturers Alliance powers leaders. We bring together an unparalleled network of manufacturing executives to advance their careers, grow their companies, and support the whole community. We accomplish our mission through peer communities, education, and business insights on the topics that matter most to the sector. Learn more: manufacturersalliance.org.<|endoftext|> About Infosys  Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.<|endoftext|> Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.<|endoftext|> Safe Harbor  Certain statements in this press release are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, including statements concerning our future business opportunities and growth prospects. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at https://www.sec.gov/. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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Infosys Press Release (PR)
Title: New Study by Infosys Finacle, Red Hat and Strategic Treasurer Finds Corporate Banking Digital Reset on the Rise
Author: ['Infosys Limited'] Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and Red Hat, the world's leading provider of open source solutions, in association with the Strategic Treasurer, a leading consulting firm in the area of treasury and risk management, launched a research report titled ‘Leaping Forward – Scaling Digital Transformation in Corporate Banking’. The report features insights from senior corporate banking executives from over 125 leading global banks and financial services companies.<|endoftext|> The report found that the transaction lines of business such as cash management, payments, trade, and supply chain finance, have become key for corporate banks. Over a third of the respondents believe that they will drive growth by anywhere between 10-25 percent in the next three years. The report findings highlight that a full suite of digital self-service treasury offerings will be the primary differentiator for corporate banks by 2026. In addition, the ability to provide tailored solutions for client businesses has also emerged as a top priority, with over 90 percent of the respondents believing it to be essential or very important. With open banking paradigms and API-led possibilities unlocking real-time information flows, banks will need to consolidate existing capabilities, embrace new business models, and adopt new digital strategies to gain competitive edge.<|endoftext|> Read the full report here.<|endoftext|> Key highlights include:  An overwhelming majority of 72 percent of respondents believe the corporate banking future will be about building a platform business by tapping new and diverse partner networks within a larger ecosystem  While most incumbent financial institutions are comfortable leading innovations largely in their traditional lines of business such as lending, deposits, trade & supply chain finance, more than half of the respondents have stated that it is the new entrants, particularly fintechs, that will lead innovation into cash management (56 percent), and payments business (81 percent)  Corporate banks recognize the importance of modern technologies including mobility and advanced analytics as essential to their organizations; however, over half of them acknowledged that adoption is still lagging  64 percent of respondents rated legacy technology and system integration as key challenges with respect to innovation  While 84 percent of respondents have acknowledged open APIs either as essential or very important, only 10 percent seemed to have achieved successful implementation  Artificial intelligence was rated as important by over 60 percent respondents, with relevance across a host of use-cases, ranging from risk mitigation to driving new possibilities in customer engagement and experiences  Nearly 50 percent of respondents said that their open finance strategies have yet to scale and add value beyond regulatory compliance mandates.<|endoftext|> Mohit Joshi, President, Infosys, said, “The research report findings mirror the insights we have gained from our interactions with banks across the world – there is no doubt that corporate banking is going through unprecedented change. Scaling digital transformation with ecosystem-driven business models, offering contextual solutions, expanding self-service options, and driving extensive automation have emerged as the key priority areas for all types of banks, globally. With our highly rated corporate banking product suite and comprehensive services offerings, leading banks have chosen Finacle to help them meet these priorities and to navigate their next.”  Sanat Rao, Chief Business Officer & Global Head, Infosys Finacle, said, “The corporate banking industry is going through a deep reset. Consequently, corporate banks are in a state of continual digital transformation. However, in our research, only 26 percent of bankers said they had been able to deploy digital transformation at scale and reap the desired results in areas such as lending and cash management. At Finacle, we are helping banks leapfrog digital transformation maturity, with an industry-leading suite of corporate banking solutions and SaaS services. Today, we are partners to many marquee corporate banks across segments - established and challengers – helping them transform into open enterprises with our functionally rich, cloud-native and API - driven solution suite.”  Craig Jeffery, Head Researcher at Strategic Treasurer, said, “Banks are looking to upgrade their operating platform. The movement is massively oriented to open platforms and open banking. Open platforms support the easy orchestration of ecosystems through open architecture, speeding the development cycle. Based upon the survey results, adoption is expected to more than double in use to over 70 percent within just five years.”  Vincent Caldeira, Chief Technologist, Financial Services Industry, Red Hat, said, “In recent years, corporate banking customers have come to expect the same level of digital experiences for their business accounts as in their daily life. As a result, financial institutions have had to invest in building differentiated end-to-end customer engagement in their digital offering, while supporting corporate customers in reducing costs, improving their straight-through processing, and building more resilient systems to counter business and operational risk. This report underscores the growing importance of modern technology, from cloud computing and open APIs to artificial intelligence, in helping banks overcome challenges to innovation and digital transformation. At Red Hat, we believe that open-source technology is at the core of this new digital age and provides the powerful foundation that corporate banks need to fuel the next generation of digital banking services.”  Red Hat and the Red Hat logo are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.<|endoftext|> About Infosys Finacle  Finacle is the industry-leading digital banking solution suite from EdgeVerve Systems, a wholly owned product subsidiary of Infosys. Finacle helps traditional and emerging financial institutions drive truly digital transformation to achieve frictionless customer experiences, larger ecosystem play, insights–driven interactions and ubiquitous automation. Today, banks in over 100 countries rely on Finacle to service more than a billion consumers and 1.3 billion accounts.<|endoftext|> Finacle is the industry-leading digital banking solution suite from EdgeVerve Systems, a wholly owned product subsidiary of Infosys. Finacle helps traditional and emerging financial institutions drive truly digital transformation to achieve frictionless customer experiences, larger ecosystem play, insights–driven interactions and ubiquitous automation. Today, banks in over 100 countries rely on Finacle to service more than a billion consumers and 1.3 billion accounts.<|endoftext|> To know more, visit www.finacle.com  Safe Harbor  Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.<|endoftext|> Media contacts:  For more information, please contact: PR_Global@infosys.com

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