EdgeVerve Launches AssistEdge RPA 18.0 to Unify the Human-digital Workforce

PR80004

BENGALURU, India, Aug. 7, 2019 /PRNewswire=KYODO JBN/--

    EdgeVerve Systems [https://www.edgeverve.com/] a subsidiary of Infosys

[https://www.infosys.com/] (NYSE: INFY), unveiled AssistEdge RPA 18.0 which

aims to fundamentally transform process automation by fostering a new

human-digital workforce.

    Logo: https://mma.prnewswire.com/media/847965/EdgeVerve_Infosys_Logo.jpg

    Given the imperative to remain customer-centric and competitive,

enterprises must offer differentiated offerings and be extremely responsive to

customer requirements by being agile, hyper-productive, consistent and

scalable. The seamless unification of human and digital workers, which we call

as Automation singularity can be a powerful force in enabling this change. In

this world of Automation Singularity

[https://www.edgeverve.com/assistedge/assistedge-rpa-18-0/?cmpid=PressRelease__0

80619&source=Digital&subsource=PressRelease], human specialists will drive

customer orientation using their creativity and

empathy, and will be complemented by digital workers with extreme productivity

and consistency.

    Albie, the cognitive engine powering AssistEdge RPA 18.0

[https://www.edgeverve.com/assistedge/assistedge-rpa-18-0/?cmpid=PressRelease__0

80619&source=Digital&subsource=PressRelease] is a major advancement that

seamlessly delivers pervasive intelligence across process design, management

and execution that will help organizations achieve greater automation coverage

in their systems and processes. By harnessing the 'Human-Digital Twin' unifying

assisted and unassisted automation, Albie helps organizations utilize

contextual intelligence and drive smartness into exception management with

business intelligence dashboards, cognitive services on tap, predictive

resource management and expanded technology automation footprint.

    Ray Wang, Principal Analyst and Founder of Constellation Research, Inc.

said, "The evolution of RPA has evolved from automation to cognitive driven,

contextually intelligent automation. In that shift, organizations now expect

greater augmentation of work for the human and digital worker with enterprise

grade security as more and more systems are included, and greater precision is

required."

    The AssistEdge Intelligent RPA is built on strong innovation using 18

patent assets around critical dimensions of bot orchestration, performance

prediction, deployment and AI. Albie pushes the automation frontier to 95% for

tasks involving human discretion and enables optimized bot utilization and

management, providing greater reliability in process execution.

    Atul Soneja, SVP and Global Head of Edge Products and Infosys Nia, said,

"AssistEdge 18.0 is a significant step towards our vision of Automation

Singularity. Powered by Albie, organizations will be able to seamlessly

integrate human specialists with digital bots to create more scalable and

secure process automation. Organizations will see an improved bottom line,

enhanced customer experience and enterprise agility at every level."

    EdgeVerve Systems Ltd.

    EdgeVerve Systems, a wholly owned subsidiary of Infosys, develops

innovative software products and offers them on premise or as cloud-hosted

business platforms. Our products help businesses develop deeper connections

with stakeholders, power continuous innovation and accelerate growth in the

digital world. We power our clients' growth in rapidly evolving areas like

banking, interactive commerce, distributive trade, customer service and

enterprise buying and help them navigate their digital journey with our AI

enabled Automation and Business Solutions.

    At EdgeVerve, we are making constant strides towards transforming

enterprises by providing AI enabled Business Applications, leveraging the

Infosys Nia(TM) Platform with capabilities across the Automation continuum.

Today EdgeVerve products are used by global corporations across financial

services, insurance, retail and CPG, life sciences, manufacturing and telecom.

    To know more, visit www.edgeverve.com [http://www.edgeverve.com/]

    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, 2019. 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.

Source: EdgeVerve