BENGALURU, India, July 29, 2021 /PRNewswire/ -- Infosys (NSE: INFY)
(BSE: INFY) (NYSE: INFY), the global leader in next-generation
digital services and consulting, today announced the renewal of its
strategic collaboration with Select Portfolio Servicing Inc. (SPS)
to implement its Cobalt-powered infrastructure as a service (IaaS)
solution in collaboration with Hitachi Vantara. Through this
engagement, Infosys will offer SPS next-generation hybrid cloud,
infrastructure services, and application services for the next five
years.
As SPS' strategic partner, Infosys will leverage its
Cobalt portfolio to design, build, operate, and automate a
robust and resilient private cloud infrastructure as a service with
on-demand flexibility and scalability. Furthermore, Infosys intends
to implement hybrid cloud to maximize data centre flexibility
underpinned by enhanced disaster recovery and security posture.
Murali S. Palanganatham, Chief Information Officer at Select
Portfolio Servicing, Inc. stated, "We have forged a strong
collaboration with Infosys over the years, which has enabled us to
leverage a repertoire of services & capabilities encompassing
Application development, IT operations, IaaS, SaaS and Security. By
resorting to Infosys' Cobalt solutions and leveraging their
expertise in integrated infrastructure, applications, IT operations
and services, we intend to continuously scale, increase
performance, enhance flexibility of our technology ecosystem, and
streamline IT operations, augmented by automation."
Narsimha Rao Mannepalli,
Executive Vice-President, Head of Cloud & Infrastructure
Solutions, Infosys, said, "Being future-ready is key to survive
and compete in the current business environment. We are excited to
extend our collaboration with SPS and explore new avenues for
leveraging our Cobalt portfolio to address a range of technology
needs on-demand in an efficient, timely, and agile manner."
Mark Ablett, Chief Revenue
Officer, Hitachi Vantara, said,
"We are thrilled to utilize our EverFlex infrastructure
as-a-service offering in partnership with Infosys to design and
operate a modern and resilient hybrid cloud transformation for
SPS's regulated financial workloads. The ability to deliver a
flexible consumption model for new storage and data services will
enable SPS to innovate at scale and quickly address the needs of
their growing customer base."
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in more than 50 countries to
navigate their digital transformation. With over four 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 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, 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, 2021. 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