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