Aims to deliver advanced AI, smart city, and
workplace transformation technologies for enterprise
clients
BENGALURU, India, Dec. 11,
2024 /PRNewswire/ -- Infosys Compaz, a
joint venture between Infosys (NSE: INFY) (BSE: INFY)
(NYSE: INFY), a global leader in next-generation digital services
and consulting, and Temasek, today announced that it has
strengthened its collaboration with Singapore-based info-communications
provider, StarHub to accelerate their operations and
drive technology-led innovations. Infosys Compaz will focus on
transforming the company into a cloud-centric enterprise,
prioritizing AI and cloud technologies, cybersecurity, and digital
transformation.
Infosys Compaz was chosen by StarHub for its extensive
experience in digital transformation, cybersecurity, and generative
AI capabilities. Infosys Compaz will also deliver generative AI
solutions and workplace transformation technologies that will
enable StarHub to actively pursue new market opportunities. In
addition, by leveraging Infosys Cobalt, a set of services,
solutions and platforms for enterprises to accelerate their cloud
journey, and Infosys Topaz, an AI-first set of services, solutions
and platforms using generative AI technologies, the collaboration
will help global organizations simplify their operations, make
meaningful decisions, and achieve cost efficiencies. The
collaboration aims to deliver value to StarHub's clients across a
wide range of services, including legacy modernisation and product
implementation, AI & automation, data & analytics as well
as industrialised operations. Infosys Compaz and StarHub will also
co-create AI models by using telecommunications data to create
offerings that address specific industry use cases and implement
effective, tailored solutions.
"At StarHub, we have always prided ourselves on being at the
forefront of innovation. By collaborating with iCompaz, we are
expanding our horizons to offer an even wider range of offerings
and technologies that are co-created to address the unique needs of
our customers," said Tan Kit
Yong, Head of Enterprise Business Group, StarHub.
"Aligned with our DARE+ strategy, this powerful synergy will better
position us as the go-to full-service supplier for businesses that
need connectivity, cloud, cybersecurity, and other ICT services to
accelerate their digital journeys."
Atul Babu, Chief Executive
Officer, Infosys Compaz, said, "By bringing together our
advanced capabilities in artificial intelligence, cloud, and
digital transformation, we are fully committed to supporting
StarHub's transition to a cloud-first organization. Together, we
aim to create advanced solutions, by leveraging Infosys Topaz and
Infosys Cobalt, that will benefit StarHub's clients with
operational and cost efficiencies."
Raja Shah, EVP & Industry
Head, Global Markets, Infosys, said, "Infosys Compaz and
StarHub's collaboration is a testament to our shared vision of
harnessing technology to transform business landscapes. Infosys
will leverage its cloud and AI suite of offerings, Infosys Cobalt
and Infosys Topaz, along with its digital transformation expertise
to help StarHub achieve its DARE+ goals to become a cloud-centric
organization and deliver joint solutions for StarHub's
customers."
About StarHub
StarHub is a leading homegrown Singapore company that delivers world-class
communications, entertainment and digital services. With our
extensive fibre and wireless infrastructure and global
partnerships, we bring to people, homes and enterprises quality
mobile and fixed services, a broad suite of premium content, and a
diverse range of communication solutions. We develop and deliver to
corporate and government clients solutions incorporating artificial
intelligence, cybersecurity, data analytics, Internet of Things and
robotics. We are committed to conducting our business in a
sustainable and environmentally responsible manner. Listed on the
Singapore Exchange mainboard, StarHub is a component stock of the
SGX iEdge SG ESG Transparency Index, iEdge Singapore Low Carbon
Index, iEdge-OCBC Singapore Low Carbon Select 50 Capped Index; as
well as the FTSE4Good Index series. StarHub is ranked the world's
most sustainable wireless telecommunication provider on the
Corporate Knights Global 100 2024. Visit www.starhub.com for
more information.
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. We enable clients in more than 56 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer clients, as they navigate their
digital transformation powered by cloud and AI. We enable them with
an AI-first 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.
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, or our future financial or operating performance, 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 or outcomes 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 the execution of our business strategy,
increased competition for talent, our ability to attract and retain
personnel, increase in wages, investments to reskill our employees,
our ability to effectively implement a hybrid work model, economic
uncertainties and geo-political situations, technological
disruptions and innovations such as Generative AI, the complex and
evolving regulatory landscape including immigration regulation
changes, our ESG vision, our capital allocation policy and
expectations concerning our market position, future operations,
margins, profitability, liquidity, capital resources, our corporate
actions including acquisitions, and cybersecurity matters.
Important factors that may cause actual results or outcomes to
differ from those implied by the forward-looking statements are
discussed in more detail in our US Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the
fiscal year ended March 31, 2024.
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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