Daimler and Infosys Announce Strategic Partnership to Drive Hybrid Cloud-powered Innovation & IT Infrastructure Transformation in the Automotive Sector

PR87376

STUTTGART, Germany and BENGALURU, India, Dec. 22, 2020 /PRNewswire=KYODO JBN/--

    - Pivotal partnership for the automotive industry. Daimler IT deepens its

focus on software engineering and collaborates with Infosys to innovate and

transform its IT infrastructure

    - Provide agile, open, scalable and smart hybrid cloud infrastructure

leveraging Infosys Cobalt and leading cloud providers, to accelerate Daimler's

multi-cloud journey

    - Joint goal to develop a persona-driven, cognitive, anytime, anywhere

AI-powered workplace & service-desk

    Daimler AG [https://www.daimler.com/en/] and Infosys [https://www.infosys.com/]

(NYSE: INFY), today announced a long-term strategic partnership for a technology-driven

IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler

AG will transform its IT operating model and infrastructure landscape across

workplace services, service desk, data center, networks and SAP Basis together

with Infosys. The partnership will enable the company to deepen its focus on software

engineering and to establish a fully scalable on-demand digital IT infrastructure and

anytime-anywhere workplace. The collaboration will empower Daimler to strengthen

its IT capabilities, and Infosys, its automotive expertise.

    As software becomes modular, digital infrastructure continues to play an

important role in defragmentation. Daimler will work towards a model that

ensures a robust IT infrastructure across its plants and regions, and supports

consolidation of its data centers, scaling its IT operations, and bringing

innovations to the fore. Some of the key deliverables from this partnership include:

    - A smart hybrid cloud, leveraging Infosys Cobalt and leading cloud

providers, accelerating the multi-cloud journey with a focus on open source adoption

    - A carbon neutral solution, by consolidating and rationalizing  data centers across all regions

    - Standardized technology stack by bringing in an ecosystem of best of breed partners

    - Creation of a state of the art Zero Trust network with seamless technology upgrades

    - Persona-driven and cognitive, AI powered anytime-anywhere workplace

solution that empowers the end-users

    As a part of this partnership, automotive IT infrastructure experts based

out of Germany, wider Europe, the U.S. and the APAC region will transition from

Daimler AG to Infosys. Infosys is well placed to realize this transition as an

expert having integrated more than 16,000 employees through other partnerships

in recent years with a high acceptance, retention and satisfaction rate. The

transfer will also enable Infosys to bolster and grow its automotive business,

while offering Daimler employees strong prospects for long-term career growth

and development.

    "We are excited about this partnership and the opportunity to support

Daimler AG's automotive vision. As we embark on this journey, we will bring

together capabilities, ecosystems and a hybrid cloud infrastructure that will

shape new experiences for Daimler AG and the industry at large. Infosys has

deep expertise in helping our clients across the globe navigate their digital

journeys, and as part of this strategic partnership, we look forward to setting

a new standard for the automotive industry," said Salil Parekh, Chief Executive

Officer, Infosys.

    Talking about the partnership, Jan Brecht, Chief Information Officer,

Daimler and Mercedes-Benz, said, "Software becomes modular and IT

infrastructure becomes big. Daimler will take three steps at once to transform

its IT infrastructure: consolidation, scaling and modernization. We need to

think infrastructure beyond the size of our company. With Infosys we found a

partner to scale, to innovate and to speed up. Moreover, this is a strategic

partnership for Daimler's IT capabilities and Infosys' automotive expertise.

Infosys wants to grow with us in the automotive industry, which gives career

opportunities for our employees. With this partnership, Daimler also

strengthens its overall technology investment and partnership strategy."

    Daimler at a glance

    Daimler AG is one of the world's most successful automotive companies. With

its Mercedes-Benz Cars & Vans, Daimler Trucks & Buses and Daimler Mobility

divisions, the Group is one of the leading global suppliers of premium cars and

one of the world's largest manufacturer of commercial vehicles. Daimler

Mobility offers financing, leasing, fleet management, investments, credit card

and insurance brokerage as well as innovative mobility services. The company

founders, Gottlieb Daimler and Carl Benz, made history by inventing the

automobile in 1886. As a pioneer of automotive engineering, Daimler sees

shaping the future of mobility in a safe and sustainable way as both a

motivation and obligation. The company's focus therefore remains on innovative

and green technologies as well as on safe and superior vehicles that both

captivate and inspire. Daimler continues to invest systematically in the

development of efficient powertrains – from high-tech combustion engines and

hybrid vehicles to all-electric powertrains with battery or fuel cell – with

the goal of making locally emission-free driving possible in the long term. The

company's efforts are also focused on the intelligent connectivity of its

vehicles, autonomous driving and new mobility concepts. Daimler regards it as

its aspiration and obligation to live up to its responsibility to society and

the environment. Daimler sells its vehicles and services in nearly every

country of the world and has production facilities in Europe, North and South

America, Asia and Africa. In addition to Mercedes-Benz, the world's most

valuable luxury automotive brand (source: Interbrand study, 20 Oct. 2020), and

Mercedes-AMG, Mercedes-Maybach and Mercedes me, its brand portfolio includes

smart, EQ, Freightliner, Western Star, BharatBenz, FUSO, Setra and Thomas Built

Buses as well as the brands of Daimler Mobility: Mercedes-Benz Bank,

Mercedes-Benz Financial Services and Daimler Truck Financial. The company is

listed on the Frankfurt and Stuttgart stock exchanges (ticker symbol DAI). In

2019, the Group had a workforce of around 298,700 and sold 3.3 million

vehicles. Group revenues amounted to €172.7 billion and Group EBIT to €4.3 billion.

    Further information on Daimler is available at www.media.daimler.com and

www.daimler.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