PR88907

LONDON and BENGALURU, India, April 8, 2021 /PRNewswire=KYODO JBN/ --

- Infosys to deliver next-generation application and business process

management services to ArcelorMittal

    Infosys (http://www.infosys.com/) (NYSE: INFY), a global leader in

next-generation digital services and consulting, today announced a strategic

long-term collaboration with ArcelorMittal

(https://corporate.arcelormittal.com/), the world's leading steel and mining

company. ArcelorMittal has chosen Infosys to help accelerate the company's

digital transformation journey and enable next-generation application

management and business process management (BPM) services for ArcelorMittal

Europe.

    Through this engagement, Infosys will work with ArcelorMittal Europe, share

best practices around next-generation application management services to

optimize, stabilize, and transform ArcelorMittal's IT landscape. Infosys will

also establish a robust, state-of-the-art Business Process Management (BPM)

service in ArcelorMittal Europe's Business Center of Excellence (BCoE) shared

services center. The collaboration will further strengthen Infosys' presence in

Europe and will enable Infosys to maximise synergies across the ArcelorMittal

Group worldwide.

    Jasmeet Singh, Executive Vice President and Global Head of Manufacturing,

Infosys, said, "The need to accelerate digital transformation has never been

more urgent in the manufacturing sector. We are pleased to partner with

ArcelorMittal and help them stay one step ahead of disruption. Leveraging our

global delivery model, right shoring, and robust BPM offerings, we are

committed to driving efficiency, bolstering operational excellence, and

establishing future-ready services in line with ArcelorMittal's growth

strategies. We look forward to a long, fruitful partnership with the group and

are excited to help them navigate the next."

    Commenting on the partnership, Geert Van Poelvoorde, CEO of ArcelorMittal

Europe, said, "We are delighted to partner with Infosys on our digital

transformation journey. Infosys not only shares our vision and values but also

brings agility, delivery excellence, and willingness to walk the extra mile to

ensure mutual success. We are confident that this collaboration will mean our

employees and associates are equipped with powerful new tools that enhance our

competitiveness and fuel our innovation."

    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 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 (NYSE: INFY) can help your

enterprise navigate your next.

    Safe Harbor

    Certain statements mentioned 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. Such statements 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, and 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