HONG KONG, January 22,2018 /PRNewswire/ --
Infosys (NYSE: INFY), a global leader in consulting, technology
and next-generation services, today announced a strategic
partnership with the A.S. Watson Group (ASW), the world's largest
international health and beauty retailer, to accelerate ASW's
digital transformation initiatives. Infosys has been appointed as
an Official Technology Partner by the A.S. Watson Group to provide
technology services across Data Science and Artificial
Intelligence. This collaboration is part of ASW's Technology
Partnership Program, which is aimed at developing strategic
partnerships to support the company's long term goals.
The partnership is aligned with ASW's customer strategy,
DARE - to be Different, Anywhere, build
Relationships and offer unique Experiences. Infosys'
solutions, services and technologies will accelerate ASW's
next-generation digital marketing platform, build robust AI and
Machine Learning frameworks for ASW's customer centric analytics,
optimize operational efficiencies, improve scalability and
reusability across business units.
Malian Ngai, Group Chief Operating Officer of A.S. Watson
Group, explained why the company introduced the partnership
approach, "We believe every technology partner whom we have chosen
to work with is more than just a vendor. Traditional client-vendor
relationships are short-term, lack transparency and continuity. The
Partnership Program is designed to transform the short term
contractual relationship to a longer term strategic relationship to
create a win-win for both parties. The appointment of our first
batch of worldwide Tech Partners shows our determination to
accelerate our digital transformation, enabling the A.S. Watson
Group to build on our solid retail foundation to fuel further
growth through a smarter and more efficient organization. Our
purpose of putting customer first and putting a smile on their
faces continues. We recognize that our customers are changing
rapidly and technology has become an ever more critical ingredient
to deliver our purpose."
Ravi Kumar S, President and Deputy Chief Operating Officer,
Infosys, said, "It is imperative that companies embrace digital
technologies if they want to stay relevant and it is inevitable
especially in the highly competitive and dynamic retail industry.
We are pleased to partner with the A.S. Watson Group in their
digital transformation journey. We will leverage our vast
experience in the retail industry, our deep understanding of global
markets as well as our extensive digital capabilities to help the
A.S. Watson Group achieve its objectives."
About A.S. Watson Group
Established in Hong Kong in
1841, A.S. Watson Group is the world's largest international health
and beauty retailer with over 13,700 stores in 24 markets. Each
year, over three billion customers and members shop with our 13
retail brands, both in stores and online.
For the fiscal year 2016, A.S. Watson Group recorded revenue of
HKD151.5 billion. We have over
130,000 employees worldwide.
A.S. Watson Group is also a member of the world-renowned
multinational conglomerate CK Hutchison Holdings Limited, which has
five core businesses ‐ ports and related services, retail,
infrastructure, energy and telecommunications in over 50
countries.
Please visit www.aswatson.com for more in-depth information
about A.S. Watson Group and its brands. You may also stay in touch
with us via our digital presence (eCommerce, social media, mobile
app & more); more details are at
http://www.aswatson.com/our-customers/digitalasw/.
About Infosys
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 those effectively. Our team of 200,000+
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 in this press 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. In
addition, please note that any forward-looking statements contained
herein are based on assumptions that we believe to be reasonable as
of the date of this press release. 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:
Asia Pacific
Sarah Gideon
Infosys, India
+91-80-4156-3998
Sarah_Gideon@infosys.com
EMEA
Margherita Di Cerbo
Infosys, Europe
+44-2075162748
Margherita.DiCerbo@infosys.com
Americas
Chiku Somaiya
Infosys, USA
+1-408-375-2722
Chiku.Somaiya@infosys.com
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