Infosys Launches New Service Offerings to Help Communication Service Providers and Enterprises Imagine New Economies With 5G
Infosys Launches New Service Offerings to Help Communication Service Providers and Enterprises Imagine New Economies With 5G
PR77564
BARCELONA, Spain, Feb. 25, 2019 /PRNewswire=KYODO JBN/ --
Enabled through a rich ecosystem of partners, design thinking philosophy,
and full stack of software brought together in the '5G Living Labs' [
https://www.infosys.com/services/incubating-emerging-technologies/offerings/Pages/living-labs.aspx
]
Infosys [http://www.infosys.com ] (NYSE: INFY), a global leader in
next-generation digital services and consulting, today announced the launch of
new service offerings that will help enterprises imagine and create new
economies with 5G technology, while simultaneously helping communication
service providers accelerate and monetize their 5G network deployment. Infosys'
newly established 5G Living Labs in five global locations - (Bengaluru,
Richardson, Indianapolis, Frankfurt and Melbourne) will help ideate and bring
these new economies to life.
(Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg )
5G will transform network capabilities bringing in significant
opportunities for network virtualization, AI and Automation, while lowering
associated costs considerably, and enhancing delivery of network-based
services. More importantly, 5G will enable enterprises - IT and other business
departments - to usher in a new era of innovation, create new experiences and
improve operational efficiency in organizations.
Having worked on enterprise applications and systems for close to four
decades, Infosys brings in tremendous understanding of the opportunities and
challenges enterprises face on their digital transformation journey. One
significant challenge faced is the need to keep pace with innovation in their
ecosystem and the ability to quickly prototype ideas. The global network of
Infosys 5G Living Labs are designed to help enterprises imagine and curate game
changing ideas driven by 5G, and rapidly prototype them to life. The labs
combine the best of Infosys emerging technologies expertise in areas like IoT,
AR, VR and AI, unique design thinking driven approaches and a diverse partner
ecosystem that is deeply invested in 5G technologies. Enterprise adoption of 5G
is key to monetizing networks for communication services providers and Infosys
Living Labs enables that by providing an ecosystem to incubate offerings and
deploy at scale.
Communication Service Providers (CSPs) will also benefit from Infosys'
expertise in emerging technologies to support self-organized intelligent
networks, dynamic agile operations and capabilities, to build enriched
experiences for enterprises together with a wide ecosystem of partners. Infosys
solutions such as the Smart Network Assurance platform [
https://www.infosys.com/engineering-services/service-offerings/pages/sdn-nfv.aspx
] will help in pivoting from break-fix operations to proactive and predictive
operations using AI and ML based self-healing technologies. Infosys is also
building reference solutions based on open source platforms and tools that will
enable continuous delivery of software using Software-Defined Networking and
Network Function Virtualization principles.
Ravi Kumar S, President and Deputy Chief Operating Officer Infosys, said,
"5G is opening an array of opportunities for CSPs and Enterprises in the
digital era. Infosys' suite of 5G offerings are powered by our extensive
experience of working with major telecom service providers and enterprises
globally in transforming their business and technology landscape. Our expertise
in areas such as SDN-NFV, Media OTT Platforms and IoT, together with industry
collaborations among network solution providers, network OEMS and CSPs will
help customers maximize their 5G potential to navigate their next."
Dustin Kehoe, Service Director, GlobalData PLC, said, "5G is not just an
evolution of cellular standards, it will also enable various new sets of
applications, some low latency, others high on throughput to improve employee
productivity or external customer engagement. However, the technology is
emerging and industry collaboration across the ecosystem is required to unlock
new innovation to co-create use cases. Professional services and unwavering
commitment to open source solutions to drive best of breed multi-vendor
environments, are some of the important considerations for being successful
with 5G."
Related reading:
ONF welcomes Infosys as its newest partner [
]
ONF to showcase new COMAC and OMEC projects at Mobile World Congress,
Barcelona [
]
For more information on Infosys 5G Offerings, visit 5G - The Next Wave of
Network Innovation [
]
About Infosys
Infosys is a global leader in next-generation digital services and
consulting. We enable clients in 45 countries to navigate their digital
transformation. With over three 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 [http://www.infosys.com ] to see how Infosys (NYSE:
INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements mentioned in this release concerning our future growth
prospects are forward-looking statements regarding our future business
expectations 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 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, and
unauthorized use of our intellectual property and general economic conditions
affecting our industry. 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, 2018. These filings are available at www.sec.gov [
https://www.infosys.com/Links/redirectlink.aspx?id=www.sec.gov.aspx ]. 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.
Source: Infosys
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