Set to accelerate innovation for Telstra and
further enhance customer experience
BENGALURU, India, May 16, 2024 /PRNewswire/
-- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a
global leader in next-generation digital services and consulting,
today announced a strategic multi-year collaboration with Telstra,
Australia's leading
telecommunications and technology company, to accelerate its
software engineering and IT transformation journey and further
enhance their customer experience. Building on a longstanding
association, this collaboration aims to support Telstra's
company-wide strategy.
Infosys' AI-first suite of offerings, Infosys Topaz, and cloud
suite of offerings, Infosys Cobalt, will offer a robust engineering
backbone to simplify the technology landscape and enable Telstra to
continue its transformation to become an innovation-led enterprise.
In addition, Infosys will introduce modern product engineering
practices to elevate its customer and employee experience.
Dinesh Rao, Executive Vice
President, Co-Head of Delivery, Infosys and Kim Krogh Andersen, Group Executive, Product and
Technology, Telstra along with Infosys and Telstra leaders
Kim Krogh Andersen, Group
Executive, Product and Technology,
Telstra, said, "Consumers around the world have
significantly increased their expectations when it comes to the
seamless, digital delivery of their products and services. As we
approach the tipping point of Generative AI and an avalanche of
digital adoption, strategic partnerships with global leaders such
as Infosys are critical to support our shared ambitions for digital
leadership."
Kieran O'Meara, Executive,
Software Engineering and IT, Telstra, said, "Telstra and
Infosys have been partners for over 20 years, a collaboration that
has yielded immense value for both organizations. The renewal
of this collaboration reinvents how we work together more
strategically for the next wave of change in our
industry. With the evolution of software product engineering,
open architecture, and next-generation technologies such as AI,
together, we will develop the best products and services for
Telstra's customers."
Salil Parekh, Chief Executive
Officer, Infosys, said, "Infosys has a long-standing
association with Telstra supporting its many evolutions over the
last two decades and we're excited to work with them on the next
chapter of this journey. By leveraging Infosys Cobalt and Infosys
Topaz, we can help Telstra accelerate its strategy for growth."
Anand Swaminathan, Executive
Vice President and Global Industry Leader, Communications, Media,
and Technology, Infosys, said, "Telstra and Infosys stand as
trailblazers in technological innovation, united by a shared
vision. This collaboration underscores our commitment to delivering
innovative cloud and AI-led solutions that will help position
Telstra as a leader in this new era."
About Telstra
Telstra is Australia's leading
telecommunications and technology company, offering a full range of
communications services. Our purpose is to build a connected
future so everyone can thrive. www.telstra.com.au
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, our corporate actions including acquisitions,
and cybersecurity matters. 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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