Infosys to Implement its Cobalt-powered IaaS Solution for Select Portfolio Servicing Inc. in Collaboration with Hitachi Vantara


2021/7/30 10:28



BENGALURU, India, July 29, 2021 /PRNewswire=KYODO JBN/ --


    Infosys [] (NSE: INFY) (BSE: INFY) (NYSE: INFY),

the global leader in next-generation digital services and consulting, today

announced the renewal of its strategic collaboration with Select Portfolio

Servicing Inc []. (SPS) to implement its

Cobalt-powered infrastructure as a service (IaaS) solution in collaboration

with Hitachi Vantara []. Through

this engagement, Infosys will offer SPS next-generation hybrid cloud,

infrastructure services, and application services for the next five years.


    As SPS' strategic partner, Infosys will leverage its Cobalt

[] portfolio to design,

build, operate, and automate a robust and resilient private cloud

infrastructure as a service with on-demand flexibility and scalability.

Furthermore, Infosys intends to implement hybrid cloud to maximize data centre

flexibility underpinned by enhanced disaster recovery and security posture.


    Murali S. Palanganatham, Chief Information Officer at Select Portfolio

Servicing, Inc. stated, "We have forged a strong collaboration with Infosys

over the years, which has enabled us to leverage a repertoire of services &

capabilities encompassing Application development, IT operations, IaaS, SaaS

and Security. By resorting to Infosys' Cobalt solutions and leveraging their

expertise in integrated infrastructure, applications, IT operations and

services, we intend to continuously scale, increase performance, enhance

flexibility of our technology ecosystem, and streamline IT operations,

augmented by automation."


    Narsimha Rao Mannepalli, Executive Vice-President, Head of Cloud &

Infrastructure Solutions, Infosys, said, "Being future-ready is key to survive

and compete in the current business environment. We are excited to extend our

collaboration with SPS and explore new avenues for leveraging our Cobalt

portfolio to address a range of technology needs on-demand in an efficient,

timely, and agile manner."


    Mark Ablett, Chief Revenue Officer, Hitachi Vantara, said, "We are thrilled

to utilize our EverFlex infrastructure as-a-service offering in partnership

with Infosys to design and operate a modern and resilient hybrid cloud

transformation for SPS's regulated financial workloads. The ability to deliver

a flexible consumption model for new storage and data services will enable SPS

to innovate at scale and quickly address the needs of their growing customer



    About Infosys


    Infosys is a global leader in next-generation digital services and

consulting. We enable clients in more than 50 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 to see how Infosys (NSE: INFY) (BSE: INFY) (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, 2021. These filings are available at 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.




    Source: Infosys