Infosys Instep Recognized as the Best 'Overall Internship Program' in the World

PR81083

BENGALURU, India, Oct. 16, 2019 /PRNewswire=KYODO JBN/ --

Recognized for its strides in nurturing and training young talent for the

second consecutive year

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

next-generation digital services and consulting, today announced that its

flagship global internship program, InStep, has been ranked number one in the

best 'overall internship' category in 2020 Internship Rankings by Vault.com, a

career intelligence organization. Instep also won the first rank in 'tech and

engineering', 'diversity', 'compensation and benefits' and 'quality of life'

categories and second rank in the 'career development' category.

Infosys

InStep, a fully paid international internship program offers interns an

opportunity to work on projects across business units and corporate functions.

Interns with various backgrounds work on real-time STEM and business projects

in digital technologies including artificial intelligence (AI), big data, cloud

computing, machine learning and Industry 4.0. This year Infosys further

strengthened its internship program InStep by mapping mentors, buddies, and

internship coordinators to help over 250 graduate and post-graduate students

from 35 nationalities -- a 90 percent increase from last year's 130 interns, to

be part of an engaging and learning experience.

Vault surveyed nearly 14,000 current and former interns from more than 130

internship programs for the rankings. The interns were asked to rate their

internship experiences in six areas: quality of life, fulltime employment

prospects, compensation and benefits, diversity, career development, and

interview process. To more accurately rank internship programs based on the

feedback from the interns about what they value most in an internship, Vault's

100 Best Internships Ranking is based on the following formula: 30 percent

career development, 20 percent employment prospects, 20 percent quality of

life, 20 percent compensation, 5 percent overall diversity, and 5 percent

interview process.

Pravin Rao, Chief Operating Officer, Infosys, said, "Being recognized as the

best overall internship program globally for the second year in a row,

underscores our commitment to offer exceptional learning experience to the

young talent. This recognition by Vault is gratifying as it is the voice of our

interns that has earned us this recognition."

While announcing the rankings, the Editors at Vault, said, "This year, we

expanded our Best Overall Internship Rankings from 50 to 100. Infosys' InStep

internship program held the top spot for the second year in a row. All aspects

of the InStep internship received rave reviews from Infosys interns."

About Vault

Vault is the most comprehensive resource for employer, university, and

internship program rankings, ratings and insights that are sourced from

directed surveys of professionals and students. This allows the users to

evaluate companies, schools, and internships in terms of prestige, best place

to work, diversity, quality of life, compensation, and other categories. Vault

additionally partners with employers to help build their brands and augment

recruiting efforts, as well as with universities to help their students with

employment placement and career selection.

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 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 to see how Infosys (NYSE: INFY) can help your enterprise

navigate your next.

Safe Harbor

Certain statements mentioned in this presentation 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.

(https://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