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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Infosys Ltd    INFY   INE009A01021

INFOSYS LTD

(INFY)
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Infosys : Selected by Posti as Key Digital Transformation Technology Partner

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06/12/2019 | 03:31am EDT

HELSINKI, June 12, 2019 /CNW/ -- Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, has been selected by Finnish postal service Posti as a strategic partner for the digital transformation of its business and IT services. Through this engagement, Infosys will drive the modernisation of Posti's IT applications and infrastructure, helping it move to a flexible IT service model. This will also strengthen Posti's ability to respond to changes in customer needs with agility and provide a seamless customer user experience through a dedicated command centre.

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Through the partnership, Infosys will optimise and modernise Posti's current IT estate, which entails rationalising its applications and hosting the workloads on a public cloud foundation. This will help Posti reduce costs, enhance efficiencies, and lay the foundation for the organisation's larger technology-led business transformation along with an end-to-end security operations network. At the same time, Infosys will help Posti drive technology-led initiatives using the latest digital technologies, including data utilisation, artificial intelligence and robotics.

Karmesh Vaswani, Executive Vice President, Global Head, Retail, CPG & Logistics at Infosys, said, "With our diversified experience in the postal and logistics industry, we look forward to partnering with Posti in the journey to help realise its strategic goals of digital transformation and operational excellence. Our digital capabilities and solutions will help Posti enrich customer experiences while strengthening its competitive differentiation."

Petteri Naulapää, SVP, ICT and Digitalisation at Posti, said, "In a changing business landscape, our partnership with Infosys will help us adapt with agility. The collaboration will enable us focus more on our core operations and, as customer needs become more and more digital, on improving our services."

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 45 countries to navigate their digital transformation. With over three 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 and our future business expectations 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 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. 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, 2018. 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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View original content:http://www.prnewswire.com/news-releases/infosys-selected-by-posti-as-key-digital-transformation-technology-partner-300866152.html

SOURCE Infosys

© Canada Newswire, source Canada Newswire English

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