NEW YORK, Jan. 27, 2021 /CNW/ -- Infosys (NYSE: INFY),
a global leader in next-generation digital services and consulting,
today announced that it has achieved Elite Status in the Snowflake
Partner Network. Along with Snowflake, the Data Cloud company,
Infosys will offer transformational solutions for enterprises,
built on Snowflake's Data Cloud, which include a hyper data economy
for enterprises, proven industry and business solutions and managed
cloud consumption solutions from the Infosys Cobalt portfolio.
Infosys' POV on hyper data economy opens up new
possibilities for businesses to connect unconnected data, across
industry boundaries, while monetizing their own data to draw richer
actionable business insights, explore new business models, build
new solutions and create connected customer experience. Snowflake
enables secure data exchange with strong yet flexible processes for
operations ranging from data consumption to monetization.
Infosys industry and business solutions will bring
together a growing portfolio of ready-to-launch, cloud-first
applications with an ecosystem of data intelligence partners to
unlock value across siloed data lifecycles and transform processes
and functions for enterprises across industry verticals. Infosys
will also partner with enterprises to co-create new solutions that
combine the power of AI, cloud and data analytics and
amplify the value of their business investments on Snowflake's Data
Cloud.
Infosys managed cloud consumption solutions for
Snowflake can bring the governance and cost management capabilities
that enterprises need to maximize the efficiency of their cloud
consumption on Snowflake. This can significantly lower the TCO
of their Snowflake investments, improve ROI and enable them to
realize value faster.
We want to enable our clients to build businesses so sentient
that their organizations, across layers and functions, can sense
and respond to their customers. Our Elite service partnership with
Snowflake enables us to unlock the expansive data capabilities that
our clients need," said Ravi Kumar S, President, Infosys.
"This, along with leverage from Infosys applied AI cloud and
Infosys Cobalt cloud offerings, can help them drive faster
innovation and greater business resilience."
"Snowflake's Data Cloud enables organizations to mobilize their
data, including partner and third-party data sources, with
near-unlimited scale, concurrency and performance," Snowflake
Chief Revenue Officer, Chris
Degnan said. "Our partnership with Infosys can help
joint customers transform data into insights for potential new
revenue streams and industry specific solutions to drive their
businesses forward."
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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SOURCE Infosys