Infosys Compaz, a joint venture between
Infosys and Temasek, will enhance StarHub's operations
transformation and service experience using Infosys Cobalt
SINGAPORE, Jan. 4, 2023
/PRNewswire/ -- Infosys Compaz, a joint venture between
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader
in next-generation digital services and consulting, and Temasek,
today announced a collaboration with Singapore-based communications, entertainment
and digital services provider StarHub, to enable their IT
transformation, while strengthening their technology operations,
service management and cybersecurity. Through this engagement,
Infosys Compaz will boost the quality, performance, availability,
responsiveness, and cost efficiency of StarHub's foundational
technology platform, while improving customer satisfaction and
minimizing cyber risks.
Infosys Compaz will work with StarHub to execute large-scale IT
operations management projects, while bringing strong digital
capabilities, depth of solutions, robust cybersecurity, and the
ability to drive business innovation powered by Infosys Cobalt. As
part of this collaboration, Infosys Compaz will help StarHub
enhance their sourcing strategy for IT services, to support their
changing business needs while establishing a variable cost
structure. Additionally, Infosys Compaz will work alongside StarHub
to restructure their service management and governance models to
improve control and delivery management while updating their
security infrastructure to maintain high levels of security.
Kee Yaw Yee, CIO,
StarHub, said, "We are excited to collaborate with
Infosys Compaz to strengthen key components of our
IT application and infrastructure landscape as we prepare for the
future with a new IT operating model. StarHub's
technology leadership, coupled with Infosys' deep domain
competencies, local presence, and proven digital capabilities,
will definitely strengthen and accelerate StarHub's digital
journey, which augurs well for our DARE+ strategy and promises
to benefit our customers."
Mohit Joshi, President,
Infosys, said, "Across several global engagements, Infosys has
proven its command in the sphere of large-scale technology
operations and digital transformation. We are delighted that
Infosys Compaz was chosen to drive StarHub's digital
transformation journey and to accelerate their innovation
agenda."
Manohar Atreya, CEO, Infosys
Compaz, said, "We are delighted
to collaborate with StarHub in their strategic digital journey. We
are proud to leverage our global experience and benchmarked best
practices to strengthen StarHub's digital transformation."
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, 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 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.
For more information, contact: PR_Global@infosys.com
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