To consolidate, harmonize and modernize the
digital landscape of TK Elevator with an AI-first strategy
BENGALURU, India, Nov. 22,
2023 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY)
(NYSE: INFY), a global leader in next-generation digital services
and consulting, today announced a strategic long-term collaboration
with TK Elevator (TKE), one of the world's leading urban
mobility companies. As a part of the engagement, Infosys will
consolidate, harmonize, and modernize TK Elevator's digital
landscape. The engagement aims to continually innovate and
transform the company's application and IT environment, leveraging
an AI-first strategy powered by Infosys Topaz, an AI-first set of
services, solutions and platforms using generative AI
technologies.
The two companies will work together to transition the
operations of all TK Elevator's business applications across
North America and major markets in
Europe to Infosys, thereby
enabling integrated applications management. This will not only
help unify the underlying infrastructure operations to enable an
end-to-end, business process-focused operational paradigm, but also
contribute to a simplified and agile digital landscape.
Some of the key deliverables of this collaboration include:
- Application management: Infosys will leverage its Live
Enterprise Application Management Platform (LEAP), a cloud-enabled
platform to provide NextGen Application Management Services and
part of Infosys Cobalt, to deliver a user-centric, business
outcome-driven solution.
- Underlying infrastructure: Infosys will lead Software-defined
Wide Area Network (SD WAN) transformation and operations, in
addition to the existing Service Desk, Data Center, Cloud, LAN, and
Workplace.
- Future-ready IT model: Infosys will also work towards
delivering an integrated applications and underlying infrastructure
operating model, including Service Integration and Management
(SIAM).
Susan Poon, Global CIO at TK
Elevator, said, "Technology empowers our employees and business
associates to deliver high-quality services to customers and users
across the value chain. We are delighted to significantly expand
our collaboration with Infosys, which brings end-to-end digital
transformation capabilities, helping us accelerate our business
transformation and to realize our strategic vision."
"We aim to bring diverse geographies and business units together
with this strategic collaboration. The enhanced collaboration with
Infosys will enable a strong, globally harmonized technology
backbone, while simultaneously contributing to deliver savings for
TK Elevator. With this new initiative, we are confident that
Infosys will help us stay a step ahead in a dynamic and competitive
landscape," said, Sebastian
Oberst, Global Head – IT Governance at TK Elevator.
Jasmeet Singh, Executive Vice
President and Global Head, Manufacturing, Infosys, said, "As
manufacturers reimagine their business, they are increasingly
looking to refresh the core of their technology stack and
application support processes. We are excited to collaborate with
TK Elevator and usher an advanced infrastructure and applications
services operating model that will help harmonize and future-proof
their IT operations and accelerate their digital transformation
objectives. Infosys Cobalt and Infosys Topaz will serve as the core
of TK Elevator's digital strategy, providing the agility and
resilience needed to realize their vision."
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. We enable clients in more than 56 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer clients, as they navigate their
digital transformation powered by cloud and AI. We enable them with
an AI-first 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, BSE, NYSE: INFY)
can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance 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 or outcomes 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 the execution of our business strategy, our
ability to attract and retain personnel, our transition to hybrid
work model, economic uncertainties, technological innovations such
as Generative AI, the complex and evolving regulatory landscape
including immigration regulation changes, our ESG vision, our
capital allocation policy and expectations concerning our market
position, future operations, margins, profitability, liquidity,
capital resources, and our corporate actions including
acquisitions. Important factors that may cause actual results or
outcomes to differ from those implied by the forward-looking
statements are discussed in more detail in our US Securities and
Exchange Commission filings including our Annual Report on Form
20-F for the fiscal year ended March
31, 2023. 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