Infosys BPM and Newmont Corporation Extend Their Strategic Collaboration to Standardize & Digitize Delivery Models Across Mine Sites
PR88471
DENVER and BENGALURU, India, March 11, 2021 /PRNewswire=KYODO JBN/ --
Infosys BPM [https://www.infosysbpm.com/], the business process management arm
of Infosys (NYSE: INFY), today announced a five-year extension to its strategic
collaboration with Newmont Corporation (NYSE: NEM, TSX: NGT), the world's
largest gold mining company, to standardize and digitize delivery models across
its mine sites. Through this renewed engagement, Infosys BPM will drive
operational excellence leveraging automation, artificial intelligence (AI), and
design thinking, to deliver increased business value for Newmont.
As part of the engagement, Infosys BPM will provide an enhanced end-to-end
digital service to Newmont with its analytics-driven platform-as-a-service
offering. Infosys BPM will leverage DigiTran, a solution applying advanced
techniques like knowledge management, simulation, and best-in-class processes.
DigiTran enables remote transition of services and establishes a sound standard
operating procedure (SOP) knowledge base to deliver transparent and harmonized
processes.
Infosys BPM will also improve Newmont's touchless invoice processing across
their Accounts Payable processes and provide a Digital Command Center for
real-time visibility into process health metrics and analytical models to
identify root causes, and thus boost performance across its operations.
"We are pleased to continue to partner with Infosys BPM in standardizing and
digitizing supply chain processes across our regions. Infosys BPM's strong
leadership commitment and clear understanding of our operations will enable
significant productivity improvements, service levels improvements, and cost
savings," said Ryan Plourde, Group Executive – Supply Chain, Newmont
Corporation.
Anantha Radhakrishnan, MD & CEO, Infosys BPM, said, "Infosys BPM is delighted
to extend our strategic collaboration with Newmont to standardize and digitally
transform processes across mine sites in different geographies. This engagement
leverages our deep digital and domain expertise and will fast track Applied AI
and RPA (Robotic Process Automation) adoption in mining. This is a testament to
our capabilities in digital technology and human-ware, i.e. harmonization,
continuous improvement, design thinking, business domain expertise, and
empathy. The success of this digital transformation attests to Infosys BPM's
longstanding relationship with Newmont and can be a real game-changer in the
sector."
About Infosys BPM
Infosys BPM, the business process management arm of Infosys, was set up in
April 2002. Infosys BPM's technology heritage and investment in business domain
centers of excellence, and its holistic approach of end-to-end transformative
BPM (Business Process Management), delivers transformational benefits to its
clients through the use of innovative technologies such as Robotics, Artificial
Intelligence, Machine Learning, Predictive Analytics, Rich Content
Visualization, and Mobile Technologies. Infosys BPM employed 34,366 people,
from 80 nationalities as of September 30, 2017, operating across 32 global
locations.
Visit www.infosysbpm.com to learn how Infosys BPM can help your enterprise
navigate your next. For more information contact bpm.pr@infosys.com
About Infosys
Infosys is a global leader in next-generation digital services and consulting.
We enable clients in 46 countries to navigate their digital transformation.
With nearly 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 (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, 2020. 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
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