Log in
Log in
Or log in with
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. Infosys Limited
  6. News
  7. Summary
    INFY   INE009A01021


Delayed NSE India Stock Exchange  -  06:25:52 2023-01-27 am EST
1519.15 INR   -1.55%
01/27Tech, Financial Stocks Weigh Down Asian Equities in Friday Trading
01/24Infosys Limited Announces Digital Innovation Partnership with Tennis Australia
01/24Asian Equities Track Lower in Tuesday Trading, Led by Tech Stocks
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Infosys : New research from Infosys reveals a digital inclusion gap among New Zealand organisations

12/02/2021 | 10:32pm EST
New research from Infosys reveals a digital inclusion gap among New Zealand organisations

Auckland New Zealand- December 3, 2021

On International Day of People with Disability, Infosys (NYSE: INFY) a global leader in next-generation digital services and consulting has released a first-of its kind report: Exploring digital accessibility priorities and investments in Australia and New Zealand organisations.

The study assessed for the first time, how far 670 organisations across Australia (570) and New Zealand (100) are on their digital accessibility journey. It found, when it comes to digital accessibility adoption, like creating screen-reader friendly websites or adding subtitles to audio-visual media, New Zealand organisations are more advanced than their Australian counterparts.

From least to more advanced in their digital accessibility journey, we found that in New Zealand:

  • 4% of organisations are in an Emerging phase with no or minimal progress to date
  • 32% of organisations are in the Explorer phase, still in the early stages of building digital inclusive processes
  • Almost two-third (62%) of organisations are in the Adopter phase of their journey with established digital accessibility strategies
  • Only 2% of organisations are Trailblazers, ahead of the curve with embedding digital accessibility consistently across their organisation

New Zealand organisations were leading with 62% at the 'Adopter phase' compared to just 47% in Australia. It follows the New Zealand government's recent announcement of planned reforms to introduce the New Zealand Accessibility Act, a new Ministry for people with disability and collaboration programs between NGOs and the New Zealand government.

Overall, disability access groups are calling on organisations to lift their digital accessibility standards, with the new data revealing almost half are yet to make any inclusive improvements to online touchpoints for customers and employees or are only at the infancy of development.

The research found public sector was behind private organisations when it came to online inclusion, despite pandemic-induced advances. The survey also found nearly three in five (59%) businesses believe that digital accessibility will only become widespread once it becomes legislated.

Access Advisors', New Zealand, Managing Director, Dr Chandra Harrison said "Businesses need to recognise they're effectively cutting off a quarter of the population by not embedding accessibility in all their digital platforms. They are also missing out on potential revenue, improved reputation, improved usability and reduced costs."

"This first of its kind research provides insight into the mindsets of organisations when it comes to digital inclusion. It clearly found those with a digital accessibility plan, strong internal leadership and responsibility were streets ahead of those currently tackling the challenge in an inconsistent way."

Phil Turner, Managing Director of the Accessibility Tick in New Zealand, said "It's important for organisations to build digital assets and services that are born accessible. The business case, ethical case, and social good case all support this. It is imperative that digital accessibility is considered at all phases of a digital project, starting with the fundamentals in the design phase."

"It's therefore essential that organisations understand how digital accessibility and design fit together. By actively thinking about inclusive design as part of your user interface and overall user experience, you can make a major impact before a line of code is written."

Digital exclusion widespread

With 1 in 4 New Zealanders identifying themselves as having some form of disability, the data shows there is still more that can be done.

The report found a staggering lack of understanding of the international standards for online accessibility, Web Content Accessibility Guidelines (WCAG). A third of respondents were completely unaware of WCAG with a further third saying they are aware but don't know much about them.

The digital decision makers and insiders surveyed said an absence of clear objectives, perceived budgetary constraints, and lack of in-house expertise were the biggest accessibility roadblocks.

The goal of building a more diverse and inclusive culture was the biggest current motivation for Kiwi businesses (42%), followed by alignment with company values (39%) and expansion of recruitment talent pool (37%). The report found New Zealand organisations are also more than twice as likely to be motivated by complaints than businesses in Australia and were more likely to be implementing digital accessibility in-house, with third-party support more popular in Australia.

Stark accessibility gaps across sectors

The report found finance and consulting as well as IT and retail organisations were leading when it came to digital accessibility. While businesses in the education, NFP and health and welfare sectors had the greatest room for improvement.

Despite the accelerated shift to online government services and a sharp uptick in digital inclusion measures through the pandemic (at a rate almost three times that of publicly listed companies) Government organisations still rank the lowest for digital accessibility in Australia and New Zealand.

Public Sector has among the lowest percentage of Adopters (37%) of all industries, also ranking furthest behind when it came to digital accessibility for employees.

The report identified three fundamental steps towards accelerating digital accessibility:

  • Assessing current maturity and creating a Digital Accessibility roadmap or plan
  • Appointing an internal Digital Accessibility champion and leadership
  • A focus on more general accessibility improvements, like inclusion policies or physical accessibility improvements, were a precursor to digital accessibility maturity.

Andrew Groth, Executive Vice President, Infosys and Region Head, Australia and New Zealand, said: "We are committed to the journey to improve digital access across our organisation's digital assets.

We have also made digital accessibility online training available to all our employees and engaged advisors to help us accelerate our journey.

"Everyone wins when it comes to improving digital accessibility, including customers, employees, partners and business leaders. With clear targets, collaboration, and national benchmarking, we can all lift the digital inclusion standards."

Many thanks to our report advisors including Accessibility Tick New Zealand and Access Advisors New Zealand, Australian Network on Disability, Intopia, The Centre for Accessibility Australia and Vision Australia.

HTML: https://www.infosys.com/australia/digital-accessibility-journey/executive-summary.html

PDF: https://www.infosys.com/australia/digital-accessibility-journey/digital-accessibility-journey.pdf

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.

Media contacts:

For more information, please contact:PR_Global@infosys.com


Infosys Limited published this content on 03 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 03:31:02 UTC.

ę Publicnow 2021
All news about INFOSYS LIMITED
01/27Tech, Financial Stocks Weigh Down Asian Equities in Friday Trading
01/24Infosys Limited Announces Digital Innovation Partnership with Tennis Australia
01/24Asian Equities Track Lower in Tuesday Trading, Led by Tech Stocks
01/23Tech Stocks Push Asian Equities Higher in Monday Trading
01/20Asian Equities Rally in Friday Trading as ADRs Set to Close Week 2% Higher
01/20Indian IT firm LTIMindtree posts profit drop in first quarterly report
01/18Infosys : Disclosure Of Results Of Operations And Financial Condition - Form 6-K
01/18Infosys Collaborates with Jawaharlal Nehru Technological University - Kakinada to Digit..
01/17Tech Stocks Lead Asian Equities Lower in Tuesday Trading
01/17Infosys Collaborates with Jawaharlal Nehru Technological University şKakinada to Digita..
More news
Analyst Recommendations on INFOSYS LIMITED
More recommendations
Sales 2023 1 478 B 18 128 M 18 128 M
Net income 2023 246 B 3 022 M 3 022 M
Net cash 2023 245 B 3 001 M 3 001 M
P/E ratio 2023 25,9x
Yield 2023 2,40%
Capitalization 6 272 B 76 932 M 76 932 M
EV / Sales 2023 4,08x
EV / Sales 2024 3,62x
Nbr of Employees 346 845
Free-Float 85,1%
Duration : Period :
Infosys Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INFOSYS LIMITED
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 43
Last Close Price 1 519,15 INR
Average target price 1 743,40 INR
Spread / Average Target 14,8%
EPS Revisions
Managers and Directors
Salil S. Parekh Chief Executive Officer, MD & Executive Director
Mohit Joshi President
Nilanjan Roy Chief Financial Officer
Nandan M. Nilekani Non-Executive Chairman
Anand Swaminathan Executive VP-Communications, Media & Technology
Sector and Competitors