BENGALURU, India, April 7, 2022 /CNW/ -- Infosys (NSE: INFY)
(BSE: INFY) (NYSE: INFY), a global leader in next-generation
digital services and consulting, and Rolls-Royce, one of the
world's leading industrial technology companies, today inaugurated
their joint 'Aerospace Engineering and Digital Innovation Centre'
in Bengaluru, India. This centre
has been established to provide high-end research and development
(R&D) services integrated with advanced digital capabilities to
Rolls-Royce's engineering and group business services from
India. Infosys and Rolls-Royce's
collaboration has been reinforced through strategic deals, aimed at
yielding mutual benefits to both organisations over the next seven
years.
Speaking about the new centre, Kishore Jayaraman, President – India and South
Asia, Rolls-Royce, said, "Our strategic partnership with
Infosys presents an exciting opportunity for both companies to
leverage combined strengths in engineering and digital innovation
to accelerate growth in the civil aerospace market. Given the
aerospace sector is poised for revival and growth in India and across the world, this joint
innovation centre will strengthen Rolls-Royce's global engineering
ecosystem and position us well for the future."
Astrid Hartmann, Director of
Global Business Services, Rolls-Royce added, "Infosys is a
valued partner to Rolls-Royce, and the capabilities from this
collaboration will certainly enhance our shared services portfolio
and bring greater value to the business. We remain committed to
India and look forward to tapping
the rich talent and potential in this market."
Commenting on the engagement, Jasmeet
Singh, Executive Vice President and Global Head of
Manufacturing, Infosys, said, "We are delighted to extend our
collaboration with Rolls-Royce and work towards digitally
transforming engineering and business process management shared
services in India. We will aim to
be a catalyst for Rolls-Royce to deliver efficiency, effectiveness
and experience while driving continuous change towards creating a
value ecosystem that is sustainable. This engagement is testament
to the longstanding collaboration between Infosys and Rolls-Royce,
which is poised to set new benchmarks in the aerospace, defence,
and manufacturing sectors."
As part of this collaboration, Infosys and Rolls-Royce will
combine their aerospace, engineering and digital services
capabilities to explore opportunities for driving digital and
engineering innovation and associated cost optimisation strategies.
By expanding the local talent pool in the country, the two
companies will also deliver manufacturing engineering services for
the global civil aerospace ecosystem.
Over the last decade, Rolls-Royce established a
multidisciplinary engineering centre in Bengaluru as part of its
efforts to boost engineering and R&D services in India. In December 2020, Infosys and
Rolls-Royce announced a collaboration for sourcing engineering and
R&D services for Rolls-Royce's Civil Aerospace business,
whereby Rolls-Royce transitioned a significant part of its
engineering centre capabilities to Infosys. Infosys will continue
to harness its experience, expertise, and investments in the domain
to strengthen its existing capabilities and deliver enhanced
end-to-end solutions while optimising operational costs for its
customers.
About Rolls-Royce plc
Rolls-Royce pioneers the power that matters to connect, power
and protect society. We have pledged to achieve net zero greenhouse
gas emissions in our operations by 2030 (excluding product testing)
and joined the UN Race to Zero campaign in 2020, affirming our
ambition to play a fundamental role in enabling the sectors in
which we operate achieve net zero carbon by 2050. Rolls-Royce has
customers in more than 150 countries, comprising more than 400
airlines and leasing customers, 160 armed forces and navies, and
more than 5,000 power and nuclear customers. Annual underlying
revenue was £10.95 billion in 2021, underlying operating profit was
£414m and we invested £1.18 billion on research and development. We
also support a global network of 28 University Technology Centres,
which position Rolls-Royce engineers at the forefront of scientific
research. Rolls-Royce Holdings plc is publicly traded
company. Visit www.Rolls-Royce.com
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, BSE, 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