BENGALURU, India, Dec. 1, 2021 /PRNewswire/ --
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a
global leader in next-generation digital services and consulting,
today announced the extension of its strategic collaboration
with Proximus, Belgium's leading
digital services and communications solutions provider, to
digitally transform, develop, and maintain their IT applications
with leading AI and automation solutions. Through this engagement,
Infosys will support Proximus' key digital initiatives, IT
transformation programs and provide structural cost reduction, in a
sustainable manner.
As part of this engagement, Infosys will oversee the
development, maintenance, and operations of Proximus' IT
applications in a managed service model. Infosys will also leverage
its extensive partner ecosystem to accelerate the implementation of
the strategic transformation programs for Proximus while ensuring
optimal cost savings.
Antonietta Mastroianni, Chief Digital & IT Officer,
Proximus, and recent recipient of CXO of the year at the 5G
Telco Awards, 2021, said, "As we continue on this journey
to elevate our digital initiatives, we were looking for a partner
that could understand and provide strength to our digital vision.
IT services companies play an imperative role during these times of
transformation. Infosys continues to be our strategic partner to
drive efficiency in our IT landscape and support us in our Digital
transformation journey. Having shared a bond with Infosys for over
24 years, its knowledge of the existing landscape and skilled
resources will help ensure the success of our initiative. We are
happy to extend this collaboration with Infosys and are looking
forward to a successful journey together."
Anand Swaminathan, Executive
Vice President - Communications, Media and Technology,
Infosys, said, "Proximus – Infosys'
collaboration success for more than 2 decades reflects the
strong alignment in values, and the commitment to support each
other during critical Industry and Business shifts. We are excited
about the opportunity to support Proximus in its Digital
transformation, and towards their #Inspire2022 goals."
About Proximus
Proximus Group (Euronext Brussels: PROX) is a provider of
digital services and communication solutions operating in the
Belgian and international markets. Delivering communication and
entertainment experiences for residential consumers and enabling
digital transformation for enterprises, we open up a world of
digital opportunities, so people live better and work smarter.
Thanks to advanced interconnected fixed and mobile networks,
Proximus provides access anywhere and anytime to digital services
and data, as well as to a broad offering of multimedia content.
Proximus is a pioneer in ICT innovation, with integrated solutions
based on IoT, Data analytics, cloud and security.
Proximus has the ambition to become the reference operator in
Europe through next generation
networks, a truly digital mindset and a spirit of openness
towards partnerships and ecosystems, while contributing to a
safe, sustainable, inclusive and prosperous digital Belgium.
With 11,423 employees, all engaged to offer customers a superior
experience, the Group realized an underlying Group revenue of
EUR 5,479 million end-2020.
For more information,
visit https://www.proximus.com/ & www.proximus.be.
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.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
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.
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SOURCE Infosys