ArcelorMittal and Infosys Announce Strategic Collaboration for Digital Transformation
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
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