HARTFORD, CT, Dec. 6, 2018 /CNW/ - Infosys (NYSE: INFY), a
global leader in next-generation digital services and consulting,
today inaugurated its Technology and Innovation Hub in Hartford. Infosys also announced that it has
hired more than 7,000 American workers in the last 18 months as
part of its ongoing commitment to accelerate the pace of digital
innovation for American enterprises.
(Logo:
https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg )
The Hartford Hub, located at 225 Asylum Street in the Goodwin
Square Building, will help Infosys work more closely with its
clients in the region and will serve as the global Hub for Infosys'
InsurTech and HealthTech efforts. The Hub will feature Living Labs
for the Future of Insurance, the Future of Healthcare and the
Future of Manufacturing amongst others. The Living Labs help
organizations learn through making. They bring together expertise
in business and technologies such as blockchain, extended reality
and cognitive capabilities with techniques like design thinking,
agile and devops. The Living Labs enable rapid experimentation and
exploration of innovation efforts.
"The inauguration of our Hartford Technology and Innovation Hub
is an important milestone in our ongoing efforts to help American
enterprises revitalize their core businesses," said Infosys COO
U.B. Pravin Rao. "This Hub,
along with five other hubs around the country, will help us to
seamlessly collaborate with our clients to develop agile,
cross-functional digital solutions to today's most pressing
business needs. We are very pleased to continue expanding our
presence in Connecticut and thank
both Governor Malloy and Governor-Elect Ned Lamont for their
support."
"In the months since the announcement that Infosys would put
down roots in Connecticut and
create over 1,000 jobs to Hartford, they have already become strong
corporate partners," Governor Malloy said. "The truth of the
matter is that Connecticut is a
great place to live, work, and grow a business. We have a
world-class workforce and education system. And employers have
started to take notice. The capital region specifically has seen
several high-profile employers establish a presence in the past
year, at the same time incubators have popped up to support our
burgeoning technology industry. It's indisputable that Connecticut has momentum, and Infosys's new
headquarters embodies the progress we have made over the past eight
years."
"We are thrilled to inaugurate our Harford Hub today, joined by
our partners in government, academia, and business," said
Ravi Kumar, President,
Infosys. "Companies throughout the region, including those in
the insurance, healthcare, and manufacturing sectors, are
experiencing rapid digitization. By collaborating closely with our
clients and developing unique academic partnerships to foster
talent, we are solving complex business challenges while
transforming Hartford into a
technology hub and a destination for the technology workers of the
future."
"Infosys' decision to make Hartford a major innovation center is great
news for Connecticut and for the
Capital City, and it accelerates the work we've done to make
Hartford a hub for innovation in
our core industries," said Hartford Mayor Luke Bronin. "From InsurTech to advanced
manufacturing to digital health, Hartford is building strong momentum, and
Infosys will be a large and important part of our
innovation ecosystem. Most important of all, Infosys is
partnering with local educational institutions to train
Connecticut students and create
job opportunities for local talent. Recruiting Infosys to
Connecticut was a team effort, and
I want to thank Governor Malloy, his administration, our local
business leaders, and Governor-elect Lamont for
their partnership."
"We're intently focused on advancing our digital agenda, and
we're making investments in technology, people and partnerships to
accelerate innovation across the company," said Alan Schnitzer, Chairman and Chief Executive
Officer of Travelers. "There has been a lot of great work over
the past few years to ensure Hartford's position as a premier destination
for InsurTechs and strengthen its ability to attract top talent.
The opening of the Infosys Technology and Innovation Hub is further
evidence of the strides being made and an important step for the
community."
"We are excited to officially welcome Infosys to Hartford, marking an important milestone in
the revitalization of our capital city," said Stanley Black & Decker's CEO
and President Jim Loree.
"Infosys' presence will further propel the region toward its goal
of becoming a technology and innovation hub. Hartford is rapidly becoming known as an
affordable and attractive alternative to neighboring large cities
and Infosys' presence here will reinforce that. I really appreciate
the team effort across the public and private sectors to highlight
the tremendous value and assets of the region and I look forward to
building a deep and productive business partnership with our new
neighbor, Infosys."
Infosys previously announced a partnership with Trinity College to create new educational programs
that will prepare liberal arts students and Infosys employees for
the digital workplace of the future. Such partnerships form an
important part of Infosys' broader commitment to workforce
development and solving the STEM skills gap in the United States. Infosys' strategy relies on
building a holistic recruitment pipeline that extends beyond
traditional computer science degrees, recruiting individuals from a
diverse set of backgrounds and disciplines. Through a relentless
focus on training and continuous education, Infosys is working to
develop talent pools organically in the communities where the
company operates.
Infosys' commitment to education also extends to the company's
charitable foundation, Infosys Foundation USA. In Connecticut, the Foundation has provided
multiple grants for classroom technology and computer science
training to teachers and schools. To date, these grants have
reached 3,728 students, 41 teachers, and 30 schools across the
state. Infosys Foundation USA has
recently partnered with the Hispanic Heritage Foundation, providing
a grant to create a comprehensive K-8 Spanish language computer
science education pathway for Spanish English Language Learner
(ELL) students in the US with pilot programs being launched in
Hartford, Connecticut.
For more information please
visit: https://www.infosys.com/american-innovation/Pages/ct.aspx
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in 45 countries to navigate their
digital transformation. With over three 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 http://www.infosys.com to see how Infosys (NYSE: INFY) can
help your enterprise navigate your next.
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, 2018. These filings are
available at http://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.
SOURCE Infosys