LONDON and BENGALURU,
India, April 8, 2021 /CNW/ -- Infosys (NYSE: INFY),
a global leader in next-generation digital services and consulting,
today announced a strategic long-term collaboration with
ArcelorMittal, the world's leading steel and mining company.
ArcelorMittal has chosen Infosys to help accelerate the company's
digital transformation journey and enable next-generation
application management and business process management (BPM)
services for ArcelorMittal Europe.
Through this engagement, Infosys will work with ArcelorMittal
Europe, share best practices around next-generation application
management services to optimize, stabilize, and transform
ArcelorMittal's IT landscape. Infosys will also establish a robust,
state-of-the-art Business Process Management (BPM) service in
ArcelorMittal Europe's Business Center of Excellence (BCoE) shared
services center. The collaboration will further strengthen Infosys'
presence in Europe and will enable
Infosys to maximise synergies across the ArcelorMittal Group
worldwide.
Jasmeet Singh, Executive Vice
President and Global Head of Manufacturing, Infosys, said,
"The need to accelerate digital transformation has never been more
urgent in the manufacturing sector. We are pleased to partner with
ArcelorMittal and help them stay one step ahead of disruption.
Leveraging our global delivery model, right shoring, and robust BPM
offerings, we are committed to driving efficiency, bolstering
operational excellence, and establishing future-ready services in
line with ArcelorMittal's growth strategies. We look forward to a
long, fruitful partnership with the group and are excited to help
them navigate the next."
Commenting on the partnership, Geert
Van Poelvoorde, CEO of ArcelorMittal Europe, said, "We
are delighted to partner with Infosys on our digital transformation
journey. Infosys not only shares our vision and values but also
brings agility, delivery excellence, and willingness to walk the
extra mile to ensure mutual success. We are confident that this
collaboration will mean our employees and associates are equipped
with powerful new tools that enhance our competitiveness and fuel
our innovation."
About Infosys
Infosys is a global leader in next-generation digital
services and consulting. We enable clients in 46
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.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements mentioned 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. Such 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 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, and 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, 2020. 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.
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SOURCE Infosys