Part of Infosys Cobalt, the suite powers Infosys
Modernization Services to help enterprises reimagine legacy and
succeed
BENGALURU, India ,
Dec. 10, 2020 /PRNewswire/ --
Infosys (NYSE: INFY), a global leader in next-generation
digital services and consulting, today announced the launch of the
Infosys Modernization Suite, part of Infosys Cobalt, to help
organizations accelerate their end to end modernization needs.
Infosys Modernization Suite helps enterprises modernize legacy
while delivering superior customer experiences, faster time to
market, infinite elasticity, and cost reduction, to help
enterprises become resilient, responsive, and relevant.
Shaji Mathew, Executive Vice
President, Infosys, said, "The Infosys
Modernization Suite, with over 40 modernization services,
offers the perfect solution to organizations which need to
modernize their legacy systems. Backed by experienced consultants,
a rich talent pool, an extensive ecosystem of over 50
partners, and global modernization implementations for over
600 customers, Infosys is able to successfully catalyse the
modernization journey for its clients."
A recent Infosys study highlighted legacy modernization as one
of the top barriers for digital transformation. The Infosys
Modernization Suite is a one-stop solution that helps enterprises
reduce development efforts by up to 40 percent, time-to-market by
20-40 percent, and modernization costs by 15-30 percent, all
through Infosys' proprietary tools. The Suite comprises five
integrated platforms that support multiple application
modernization patterns through a cloud native development platform,
a cloud migration platform, a mainframe modernization platform, a
technology migration platform, and a database migration
platform.
Key features of the Infosys Modernization Suite are:
- Comprehensiveness – One-stop solution covering a
wide range of modernization patterns and technologies
- Agility – Reduces time-to-market by bootstrapping
projects with integrated and automated end-to-end workflows
- Efficiency – Optimizes modernization costs by
significantly boosting productivity across the lifecycle
As part of Kmart Australia's plan to rebuild or replace
the mainframe applications, it first virtualized the mainframe to
run on the AWS cloud and used the freed up capacity to modernize
its core merchandising system. According to Kevin Love, General Manager, Products
Technology, "We believe we are one of the first retailers
globally to migrate mainframe applications to the cloud 100 percent
remotely. With the agility of a cloud platform, we are in a prime
position to innovate and optimize customer experiences, rapidly and
at scale. I am happy to say that Infosys has been a true partner in
our modernization journey by bringing in automation tools from its
modernization suite and a great team of mainframe, cloud
modernization experts."
It was imperative for E.ON UK to modernize their legacy
systems in order to support the newly acquired customer base
effectively while lowering costs, increasing speed of product
releases, and adding rich customer experience. Justin Miller, Chief Technology Officer,
E.ON UK, said, "Infosys
de-risked our modernization journey by doing an early
techno-commercial validation, bringing in the right partners
through a single commercial interface and accelerating the
time-to-market, using their Infosys modernization suite."
To learn more about Infosys Modernization Suite and
Modernization Services, please visit:
- Infosys Modernization Suite
- Modernization Services
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
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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