To establish Telenor as a product-based
organization through a co-managed model, and offer premium customer
experience
BENGALURU, India, Sept. 20, 2022 /PRNewswire/
-- Infosys (NSE: INFY) (BSE: INFY) (NYSE:
INFY), a global leader in next-generation digital services and
consulting, today announced its collaboration with Telenor Norway,
Telenor's wholly owned Norwegian telecommunications operator, in
its business transformation program to become a digital
telecommunications company. Through this engagement, Infosys will
accelerate Telenor Norway's modernization journey while supporting
its 'Beyond Connectivity' strategy. This collaboration will drive
Telenor Norway's business growth and make the company future
ready.
Infosys was chosen to assist Telenor on this modernization
journey for its strong global transformation experience and diverse
talent pool. As part of the engagement, Infosys will leverage its
tools and accelerators to support the transformation of Telenor's
IT stack in areas of digital, Analytics & AI, and operations.
The collaboration will also focus on upskilling and competency
development. Infosys will jointly drive and execute Telenor's
modernization roadmap for capability uplifting, business agility,
and revenue growth while ensuring operational stability to meet the
company's transformation objectives. While assisting in Telenor's
'Beyond Connectivity' strategy, Infosys will jointly build the
required IT capabilities and enable them to become a digital-first
organization. This will result in faster time to market and new
revenue streams for Telenor.
Commenting on this partnership, Birgitte Engebretsen, CEO, Telenor
Norway, said, "In current times, it is imperative for an
organization like Telenor Norway to stay ahead of the curve and
ensure that our customers are provided with superior service. To do
this, we have to be future-ready. Staying true to our strategy of
'Beyond Connectivity', combined with our powerful collaboration
with Infosys, we are excited to embark on this modernization
journey that will empower us to serve our customers better."
Richard Stigaard, CIO, Telenor
Norway, said, "We look forward to our collaboration with
Infosys to modernise our IT landscape, and transform into a
product-based organization through a co-managed model, with a
dedicated focus on touch-free operations. We are confident that
with this initiative, we will welcome a new way of working that
will accelerate our journey towards excellent user experience,
bring business agility and drive operational excellence."
Anand Swaminathan, EVP,
Communications, Media and Technology, Infosys, said, "Ensuring
customer success is vital for us at Infosys. Our primary focus in
this endeavour is providing superior end-user digital experience
and operational excellence for Telenor Norway and their customers.
Our shared value system through this unique collaboration will
enable Telenor Norway in their journey towards 'Beyond
Connectivity' with agility, simplicity and innovation."
About Telenor Norway
Telenor Norge AS is Norway's
largest provider of telecommunications and digital services. Our
infrastructure is the foundation for digitising Norway, with its world-class coverage and high
speeds. Our services and products contribute to increased
productivity and provide access to everything that the digital
world has to offer. Our services and products help to improve
productivity and provide access to all digital content. Our
security and preparedness organisation works around the clock to
keep our customers safe, and we are particularly aware of our
social responsibility to provide security and safety for children
and young people online.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. With over four decades of experience in managing
the systems and workings of global enterprises, we
expertly steer clients, in more than 50 countries, as they
navigate their digital transformation powered by the cloud. We
enable them with an AI-powered core, empower the business with
agile digital at scale and drive continuous improvement with
always-on learning through the transfer of digital skills,
expertise, and ideas from our innovation ecosystem. We are deeply
committed to being a well-governed, environmentally sustainable
organization where diverse talent thrives in an inclusive
workplace.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE:
INFY) (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 and the US, 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, 2022.
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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