PR94677

BENGALURU, India, Feb. 24, 2022 /PRNewswire=KYODO JBN/--

- Infosys metaverse foundry is an integral part of Infosys Living Labs that's

driving the digital innovation agenda for enterprises racing to adapt to

emerging priorities and market trends.

- Infosys will also take advantage of its metaverse foundry to extend its

global corporate university, now on Infosys Wingspan platform, to the metaverse.

    Infosys (https://www.infosys.com/)(NSE: INFY) (BSE: INFY) (NYSE: INFY), a

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

launched Infosys metaverse foundry to ease and fast-track enterprises'

exploration of the metaverse, including virtual and augmented environments, for

their customers, workplace, products and operations. Infosys metaverse foundry

converges the power of domain and design expertise, platforms and digital

accelerators, with strong relationships in a rich creator-partner economy.

Enterprises can harness this confluence of capabilities as services on-tap,

with the flexibility to ramp up and down their explorations at will. This gives

them on-demand ability to securely and efficiently create their own metaverse

environment, deliver signature experiences in an existing metaverse, and bring

advanced AI-powered data analytics and simulations to realize their evolving

aspirations as the internet evolves.

Ravi Kumar S, President, Infosys, said, "The physical and virtual worlds are

already smoothly and ubiquitously interwoven. The metaverse will deepen this

overlap and in very experiential ways that will create abundant space for

business innovation. We want to help our clients to quickly double down on

those opportunities in a find-fast, learn-faster environment before they can

reorient their own capabilities, processes and culture in-house to respond to

this rapidly evolving space."

Infosys metaverse foundry helps enterprises navigate the metaverse by

partnering with them through the Discover-Create-Scale cycle.

Discover value in the metaverse with 100+ ready-to-apply use cases and

templates.

Infosys metaverse foundry puts Infosys' depth in business domains and expertise

in immersive, interactive and experiential design to work for enterprises

through its use cases, business cases and execution roadmaps. They harness the

power of technologies like AR/VR, Blockchain, NFT, IoT, Applied AI,

cybersecurity and 5G to advance value exploration in the metaverse. For

example, a template that is popular with many large enterprises is for setting

up an immersive retail experience where shoppers can explore a branded

metaverse environment, buy products as NFTs or connect to an online checkout

counter to make purchases that are delivered in the physical world.

Create and connect on the metaverse with Infosys platforms and accelerators.

Infosys Living Labs' multi-tiered digital infrastructure comprising technology,

processes and people, includes several metaverse technology investments,

including platforms and accelerators to build solutions and immersive

experiences. They enable the rapid creation of engaging environments and

digital replicas, while facilitating integration with enterprise data APIs and

360/3D asset management systems. AI and engineering platforms to build digital

twins of complex physical objects are also available to drive simulations. For

example, a leading pharmaceutical, with Infosys XR platform, created a digital

twin of their vaccine lab enabling quality engineers to access critical vaccine

culture data to make predictions and decisions. Infosys metaverse foundry can

also be leveraged as a makerspace to bridge the physical-digital worlds, in all

Infosys digital centers. Infosys also leveraged the XR platform to launch its

own mixed reality capability to host clients in highly immersive spaces to

collaborate and co-create.

Scale ideas, expand possibilities with diverse creator-partners.

With Infosys metaverse foundry, enterprises can work in tandem with any

creator-partner in the Infosys Innovation Ecosystem to manage the

pilot-to-production ramp up smoothly or add more choices at the prototype stage

to de-risk and future-proof investments. For example, an engineering consulting

company took advantage of Infosys metaverse to prototype an immersive mixed

reality workbench to inspect prospective engineering construction sites

rendered as rich 3D assets. The capability was evolved and scaled for global

use on Azure high-performance cloud with ready support from Microsoft, a

long-standing Infosys partner.

Powered by Infosys metaverse foundry, Infosys will extend its global corporate

university, now on Infosys Wingspan platform, to the metaverse. This will

enable the company's workforce to seamlessly switch between physical and

virtual learning spaces while benefiting from engaging and serendipitous

interactions with fellow learners and educators. The environment will include

hybrid libraries, heuristically evolved virtual classrooms, gamified learning

and digital twins to better understand complex concepts.

Several businesses have benefited from Infosys metaverse foundry.

Korey Allchin, Director of Partnership & International Business, Tennis

Australia, said, "For the first time at any Grand Slam, in 2021 Infosys helped

us reimagine the shopping experience at the Australian Open, by offering our

fans an extended reality store. They made it possible for tennis fans to shop

for all their favorite items including tees, beach towels, caps and racquets in

this virtual world, and then carry these back to the real world. Seamless

digital-physical connects have become more and more important in the evolution

of our fan experience. At the same time, during the pandemic when travel was

very restricted, Infosys helped us create the AO 2021 Virtual Hub, a digital

platform targeted at our business partners where we took content and

experiences from the event to the comfort of their homes and offices all around

the world."

Daniel Schumacher, Head of Global IT Applications and Digital Innovation,

Komatsu, said, "Our strategic foresight and transformation roadmap point to the

rapid acceleration of digital ecosystems and we are looking to bring its value

to all facets of our business – both as we know them today and to what we can

create for the future. We are excited to partner with Infosys metaverse foundry

to uncover the most significant investment we must make in the virtual world

and plant seeds today that are most likely to bear fruit for our future."

Stéphane Morel, Deputy CEO, Marketing & Business Development, French Tennis

Federation, said, "As our digital innovation partner, Infosys brought to tennis

fans first-of-its-kind mixed reality experiences such as playing tennis on a

virtual recreation of the Philippe-Chatrier court at the Infosys fan zone.

During Roland-Garros, fans also got a chance to experience the thrill of their

digital avatars stepping into a virtual world where they could interact with

other fans in their digital forms, engage using virtual objects and even speak

to each other in this space."

For a quick overview of Infosys metaverse foundry, please watch this video.

(https://videos.infosys.com/watch/vxhHdwafYZ1XMukfF6vyrF)

Click here (https://videos.infosys.com/watch/JosauuiNV9DskhBpZe7v2j) to watch a

conversation between Philip Rosedale and Ravi Kumar.

To learn more, please visit: https://www.infosys.com//services/metaverse.html

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 www.infosys.com to see how Infosys (NSE, BSE, 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 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