Rolls-Royce and Infosys Announce Strategic Partnership for Aerospace Engineering in India

Infosys

PR86999

 

BENGALURU, India, Dec. 2, 2020 /PRNewswire=KYODO JBN/ --

 

    Rolls-Royce, one of the world's leading aerospace and defence technology

companies, and Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader

in next-generation digital services and consulting, signed a strategic

partnership for sourcing engineering and R&D Services for Rolls-Royce's Civil

Aerospace business. As part of the overall partnership, Rolls-Royce will

transition a significant part of its engineering centre capabilities for Civil

Aerospace in Bengaluru to Infosys. Leveraging its expertise in core engineering

services, digital transformation capabilities, and Rolls-Royce product

knowledge acquired through the partnership, Infosys will provide a full range

of high-end engineering and R&D services integrated with advanced digital

service to Rolls-Royce.

 

 

   Speaking about the partnership, Kishore Jayaraman, President, Rolls-Royce

India & South Asia, said, "India has grown to become a key contributor to the

Rolls-Royce global engineering ecosystem, delivering high levels of technical

capability to support a broad range of complex business demands. Our vision is

to continue this high capability engineering work in India, in partnership with

Infosys. Infosys has been a valued partner to Rolls-Royce for many years, and

we now look forward to building on this strategic partnership to secure the

full range of our engineering capabilities here, while ensuring future growth

potential for our engineering talent. We are committed to India and remain

positive about the long-term prospects in this market."

 

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

Infosys, said, "We have always believed it is important to integrate the

physical knowledge of a product with digital capabilities like Industry 4.0,

additive manufacturing, and predictive analytics. The Rolls-Royce engineering

team at Bengaluru has been at the forefront of these innovations, and we are

delighted to welcome them to Infosys. We have had a long and fruitful

association with Rolls-Royce and are looking forward to supporting the company

in addressing Civil Aerospace industry challenges. We are confident that this

excellent talent will be a great addition to Infosys' deep experience in

turbomachinery. We look forward to continuing to deliver industry leading

solutions to our clients in the aerospace and defence sectors and beyond, while

providing a great career path to our new colleagues within a rapidly growing ecosystem."

 

    Over the past decade, Rolls-Royce established a multidisciplinary

engineering centre in Bengaluru, and this has been an integral part of

Rolls-Royce Engineering and R&D services. The Centre covers a mix of

engineering capabilities spanning the full range of sub-functions and

specialisms in R&D. Going forward, Rolls-Royce will continue these complex

engineering activities in India in partnership with Infosys.

 

    Through robust investments over last two decades, Infosys has established

an industry leading position in engineering services and is delivering

end-to-end solutions to customers in the turbomachinery, propulsion (TMP),

aerospace and defence industries. The ability to take over customer centres,

seamlessly integrate them and leverage strong native engineering and digital

capabilities has enabled Infosys to deliver enhanced services while optimizing

operational costs for its customers. The engineering centre for Civil Aerospace

will strengthen Infosys' existing capabilities in Turbomachinery and Propulsion

that are currently delivered through a network of engineering centres in

Mysore, Baden, and Karlovac.

 

   About Rolls-Royce Holdings plc

 

   Rolls-Royce pioneers cutting-edge technologies that deliver clean, safe and

competitive solutions to meet our planet's vital power needs. Rolls-Royce has

customers in more than 150 countries, comprising more than 400 airlines and

leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and

nuclear customers. Annual underlying revenue was £15.45 billion in 2019, around

half of which came from the provision of aftermarket services. In 2019,

Rolls-Royce invested £1.46 billion on research and development. We also support

a global network of 29 University Technology Centres, which position Rolls-Royce

engineers at the forefront of scientific research. Visit www.Rolls-Royce.com/india

 

    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.

 

    Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg

 

    Source: Infosys

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