Growth in Calgary to support broader expansion of
Infosys' Canadian workforce to 8,000 employees within the next two
years
CALGARY,
AB, Sept. 26, 2022 /PRNewswire/ --
Infosys (NYSE: INFY), a global leader in next-generation
digital services and consulting, today inaugurated the Infosys
Digital Centre in Calgary, Alberta,
Canada. Infosys also announced it would bring 1,000 jobs to
Calgary over the next two years,
doubling its original commitment from when the company first
expanded into the region in 2021. This will support the company's
growth across Canada as it also
plans to double its total workforce commitment in the country to
8,000 employees by 2024.
"Today is the beginning of our next chapter in Canada as we open the Infosys Digital Centre
in Calgary," said Ravi Kumar, President, Infosys. "We chose to
open in Calgary because it is a
center of tech excellence with rich IT talent and a strategic
location that enables us to scale work with clients across key
industries, such as energy, natural resources and agriculture.
Calgary's IT innovation potential
is unlimited, and we are delighted to be a part of its future."
The Calgary Centre, located in Gulf Canada Square in the city's
downtown commercial district, will help Infosys work more closely
with clients in the region to develop cross-industry solutions to
pressing business challenges in such areas as intelligent
automation, green technology, user experience and advanced digital
technologies, including big data and cloud. The Centre will train,
upskill and reskill Infosys and client employees in the
technologies required to help Canadian businesses accelerate their
digital transformation.
"Infosys' choice to establish Calgary as a major technology centre is a big
moment for our city and further demonstrates our city as a prime
destination for the world's leading technology companies," said
Calgary Mayor Jyoti Gondek. "Building a thriving innovation
ecosystem takes a village, and Infosys will play a key role in our
growth. In particular, Infosys' partnerships with local
universities to train Calgary
students and create job opportunities will help propel us
forward."
"It has been just a year since Infosys announced that it would
continue to grow in our region and bring 500 skilled jobs to
Calgary, and they have already
delivered on that commitment," said Alberta Premier Jason
Kenney. "I'm very pleased they are doubling that promise to
bring a total of 1,000 jobs to this region. Thanks to Alberta's Recovery Plan and our government's
relentless pursuit of economic growth, Alberta's economy is more diverse than ever
before, attracting new investments, and creating new jobs in
exciting new sectors."
"This is an exciting day for Alberta. Infosys could have chosen any place
in Canada for this new Digital
Centre, but they selected Calgary
to tap into our pool of tech talent and to form partnerships with
our educational institutions. Infosys will be training the next
generation of technology innovators and business leaders right here
in our province," said Tanya Fir, Minister of Jobs, Economy and
Innovation, Government of Alberta.
Infosys' collaborative relationships with academic institutions
in the province, including the University of
Alberta, will provide recent graduates and experienced
professionals with exposure to the latest training, research and
career mentorship. Infosys' academic collaboration augment the
company's dedicated learning facilities within the Centre, which
will deliver continuous learning across the employee lifecycle.
"The opening of the Infosys Digital Centre in the heart of our
city shows that Calgary is
recognized as a top tech location where bright minds and big ideas
come together from around the world to help solve global challenges
and make the extraordinary happen," said Brad Parry, President and CEO, Calgary Economic
Development.
Infosys has recently been certified as a Great Place to
Work® in Canada for
2022. The certification emphasizes Infosys' strategic commitment to
its localization strategy in Canada. The certification also highlights
Infosys' efforts to power digitalization in Canada by doubling its Canadian workforce and
shrinking the IT skills gap in the country through sustained
investments in training.
For more information, please visit: Infosys - Powering Digital
Canada.
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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SOURCE Infosys