BANGALORE, India, July 27, 2017 /PRNewswire/ --
Awards for
innovative prototype products & services for communication
service providers
Infosys, a global leader in consulting, technology, outsourcing
and next-generation services, today announced it participated in
six of the 32 Catalysts at TM Forum Live - winning three of the
seven Catalyst Awards at the annual flagship communications
industry event, held in Nice,
France. The Awards recognized Infosys' open innovation to
co-create commercially viable prototypes of new digital services
and business models.
The three winning Catalysts:
A platform for IoT and Anything as a Service: This
Catalyst focused on how operators can attract ecosystem partners to
co-create new digital services beyond connectivity through the
platform business model. Infosys worked with Vodafone and
was recognized for its outstanding performance. The focus
was on delivering agility, experience and efficiency to
communication service providers and exposing TM Forum Open APIs to
third party developers to create new revenue streams enabled by
network slicing, edge computing and a service marketplace.
"This Catalyst has brought several leading industry players
together to show how platform business models together with
orchestration and closed-loop assurance can deliver innovative new
services and new revenue streams to our industry," said Dr.
Lester Thomas, Chief Systems
Architect, Vodafone Group. "Infosys played an invaluable role
in the overall architecture, and in particular, defining the Open
APIs and contributing enhancements to the Open API programme."
Joint Agile Delivery - Phase II: In this Catalyst,
Infosys was recognized for 'Outstanding Use' of TM Forum
Assets and worked with AT&T, Orange, Telecom Italia. This
Catalyst has been recognized for continuing efforts towards
contributing APIs and processes to TM Forum and has a vision for a
'standardized and platform-based' approach to developing and
delivering world-class software that capitalizes on
cross-organizational synergies to dramatically improve time to
market, quality and cost.
"Seamless Joint Agile Delivery across complex partner ecosystem
is going to be key for rapid service innovation, delivery and
operations. Infosys, along with other major industry partners,
collaborated on this catalyst to provide a standardized and
platform based approach for service validation and service
assurance for Virtual Network Functions (VNFs) and associated
Network Services from different suppliers,"
said Michel Valette, Tests
and Diagnostics Domain Manager, Orange & Stream Leader,
Operations Centre of the Future, TM Forum. "Infosys leveraged
their rich capabilities on machine learning and artificial
intelligence to provide closed loop adaptive service assurance for
dynamic network services coming from different partners."
Logical Factory: Virtualizing Manufacturing for Agility:
This Catalyst, developed with BT, Telecom Italia and TWI, built on
a prior award-winning Catalyst - the Smart Industrial
Manufacturing: Robots as a Service, which demonstrated the use of
TMF's Open-APIs in the Industrial Internet-of-Things domain to
order and configure Robots-as-a-Service. In this enhanced version,
the scope was expanded to the entire manufacturing and maintenance
process lifecycle. TM Forum recognized this Catalyst project in the
category for 'Outstanding Ecosystem Design' using CurateFx -
TM Forum's digital ecosystem design and management SaaS
solution.
"We thank Infosys for being a key participant in our recent
'Logical Factory - Virtualizing Manufacturing for Agility' catalyst
project which was demonstrated at the TM Forum Live! 2017. Infosys'
contribution in this project enabled us to evolve in our approach
to utilize innovative thinking around Industry 4.0, IoT, and
connectivity to overcome current challenges in various
manufacturing industries. Infosys' commendable effort and focus in
developing the concept played a key part in the team winning the
'Outstanding Ecosystem Design Using CurateFx',"
said Darren Williams,
Welding Systems Lead, TWI.
TMF Catalysts are quick, member-driven, proof-of-concept
projects which leverage TM Forum's best practices and standards,
connect service providers, technology suppliers, and global
enterprises to create innovative solutions that address industry
challenges. More than 100 member companies participated in the 2017
Catalyst projects which spanned across Open APIs, SDN & NFV,
digital health, data monetization, customer experience management,
smart cities, the Internet of Everything among others.
Nik Willets, Chief Executive
Officer, TM Forum, said, "Infosys has made significant
investments to enhance its knowledge base in new and emerging
technologies. Winning three awards for Catalyst projects proves
that Infosys is a knowledge partner capable of defining
next-generation products and services for communication service
providers. The company is also an early adopter of TM Forum's Open
API initiative."
Mr. Rajesh Krishnamurthy,
President and Head of Energy, Utilities, Telecommunications and
Services, Infosys, said, "We are focusing on developing new
technologies and opening new revenue streams for CSPs. We embarked
on this journey by being the first systems integrator to sign up
for TM Forum's Open API initiative. Our technology focus and
collaboration with like-minded partners is accelerating innovation
and delivering results. The three awards for catalyst projects at
TM Forum Live! demonstrate our commitment to delivering innovative
products and services to our clients."
About Infosys Ltd.
Infosys is a global leader in technology services and
consulting. We enable clients in 45 countries to create and execute
strategies for their digital transformation. From engineering to
application development, knowledge management and business process
management, we help our clients find the right problems to solve,
and to solve these effectively. Our team of 198,000+
innovators, across the globe, is differentiated by the imagination,
knowledge and experience, across industries and technologies that
we bring to every project we undertake.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help
your enterprise thrive in the digital age.
Safe Harbor
Certain statements mentioned in this release concerning our
future growth prospects are forward-looking statements regarding
our future business expectations 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 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, 2017. 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 further information, please
contact:
Asia Pacific EMEA Americas
Sarah Gideon Margherita Di Cerbo Chiku Somaiya
Infosys, India Infosys, Europe Infosys, USA
+91 80 4156 3998 +44 2075162748 +1 408 375 2722
Sarah_Gideon@infosys.com Margherita.DiCerbo@infosys.com Chiku.Somaiya@infosys.com
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