BENGALURU, India, Dec. 2, 2020 /CNW/ -- Rolls-Royce, one of the
world's leading aerospace and defence technology companies, and
Infosys (NYSE: INFY), a global leader in next-generation
digital services and consulting, signed a strategic partnership for
sourcing engineering and R&D Services for Rolls-Royce's Civil
Aerospace business. As part of the overall partnership, Rolls-Royce
will transition a significant part of its engineering centre
capabilities for Civil Aerospace in Bengaluru to Infosys.
Leveraging its expertise in core engineering services, digital
transformation capabilities, and Rolls-Royce product knowledge
acquired through the partnership, Infosys will provide a full range
of high-end engineering and R&D services integrated with
advanced digital service to Rolls-Royce.
Speaking about the partnership, Kishore Jayaraman, President, Rolls-Royce India
& South Asia, said,
"India has grown to become a key
contributor to the Rolls-Royce global engineering ecosystem,
delivering high levels of technical capability to support a broad
range of complex business demands. Our vision is to continue this
high capability engineering work in India, in partnership with
Infosys. Infosys has been a valued partner to Rolls-Royce for
many years, and we now look forward to building on this strategic
partnership to secure the full range of our engineering
capabilities here, while ensuring future growth potential for our
engineering talent. We are committed to India and remain positive about the long-term
prospects in this market."
Jasmeet Singh, Executive Vice
President and Global Head of Manufacturing, Infosys, said, "We
have always believed it is important to integrate the physical
knowledge of a product with digital capabilities like Industry 4.0,
additive manufacturing, and predictive analytics. The Rolls-Royce
engineering team at Bengaluru has been at the forefront of these
innovations, and we are delighted to welcome them to Infosys. We
have had a long and fruitful association with Rolls-Royce and are
looking forward to supporting the company in addressing Civil
Aerospace industry challenges. We are confident that this excellent
talent will be a great addition to Infosys' deep experience in
turbomachinery. We look forward to continuing to deliver industry
leading solutions to our clients in the aerospace and defence
sectors and beyond, while providing a great career path to our new
colleagues within a rapidly growing ecosystem."
Over the past decade, Rolls-Royce established a
multidisciplinary engineering centre in Bengaluru, and this has
been an integral part of Rolls-Royce Engineering and R&D
services. The Centre covers a mix of engineering capabilities
spanning the full range of sub-functions and specialisms in
R&D. Going forward, Rolls-Royce will continue these complex
engineering activities in India in
partnership with Infosys.
Through robust investments over last two decades, Infosys has
established an industry leading position in engineering services
and is delivering end-to-end solutions to customers in the
turbomachinery, propulsion (TMP), aerospace and defence industries.
The ability to take over customer centres, seamlessly integrate
them and leverage strong native engineering and digital
capabilities has enabled Infosys to deliver enhanced services while
optimizing operational costs for its customers. The engineering
centre for Civil Aerospace will strengthen Infosys' existing
capabilities in Turbomachinery and Propulsion that are currently
delivered through a network of engineering centres in Mysore,
Baden, and Karlovac.
About Rolls-Royce Holdings plc
Rolls-Royce pioneers cutting-edge technologies that deliver
clean, safe and competitive solutions to meet our planet's vital
power needs. Rolls-Royce has customers in more than 150 countries,
comprising more than 400 airlines and leasing customers, 160 armed
forces, 70 navies, and more than 5,000 power and nuclear customers.
Annual underlying revenue was £15.45 billion in 2019, around half
of which came from the provision of aftermarket services. In 2019,
Rolls-Royce invested £1.46 billion on research and development. We
also support a global network of 29 University Technology Centres,
which position Rolls-Royce engineers at the forefront of scientific
research. Visit www.Rolls-Royce.com/india
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in 46 countries to navigate their
digital transformation. With nearly 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 (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, 2020. 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
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SOURCE Infosys