PR98911

BENGALURU, India, Nov. 21, 2022 /PRNewswire=KYODO JBN/ -

    The global internship program provides students with enriching experiences,

both professionally and personally

    Infosys [https://www.infosys.com/en.html](NSE: INFY) (BSE: INFY) (NYSE:

INFY), a global leader in next-generation digital services and consulting,

today announced that InStep [https://www.infosys.com/instep.html], the

company's flagship global internship program, has been awarded the title of

'Best Overall Internship Program' in the 2023 Vault Internship Rankings. This

is the fifth consecutive year that InStep has received this top honor, which

was published by career intelligence organization Vault Firsthand

[https://firsthand.co/careers/rankings]. This year the internships were

conducted for 285 interns from different academic backgrounds, representing 143

universities and 34 nationalities.

    The rankings are based on responses from over 10,000 participants across

139 programs globally. InStep earned the top rank in all the subcategories:

    - 100 Best Internships

    - Best internship for the Tech & Engineering industry

    - Best Internship for Compensation, Employment Prospects, Quality of

Assignments, Quality of Life, Real-Life Experience, Overall Career Development,

Networking Opportunities, and Training & Mentoring

    - Best Internship by role for Information Technology, Software Engineering

& Development, Strategy & Business Development, and Data Analytics

    - Best Internship for Overall Diversity, Diversity for women, Diversity for

LGBTQ+ Individuals, and Racial & Ethnic Diversity

    InStep is a global, fully paid, flagship internship program of Infosys that

has been around for over 22 years. It has facilitated over 3,000 interns

representing more than 200 universities and 50 nationalities. InStep provides

its interns with the means to work on real-time projects throughout corporate

functions and business units, including strategic engineering group, artificial

intelligence, cybersecurity, corporate strategy, data analytics,

sustainability, alliances, utilities, financial services, and marketing.

Additionally, the program offers a well-defined career progression plan - last

year over 70 percent of eligible interns received full-time offers.

    Sumit Virmani, Executive Vice President and Chief Marketing Officer,

Infosys, said, "Since its inception, InStep has strived to nurture young talent

and enable great minds to make use of their skills in real-time by means of

guidance, exposure, and learning. This recognition brings with it hope for us

to continue along our path with even more enthusiasm. As InStep continues to

grow, we aim at providing interns an environment conducive to growth, the best

working experience, and enabling them to participate in building a better

future for all."

    "King's College London is very proud of our partnership with Infosys, which

has spanned several years, and I was delighted to visit the Infosys Bengaluru

campus in April this year alongside senior colleagues from King's. Over 50 of

our students have completed the Infosys InStep program over the years,

providing them with a truly unique internship experience and fantastic

opportunities for professional and personal development. I'd like to

congratulate Infosys InStep on this brilliant achievement and wish them many

more years of continued excellence," said, Professor Shitij Kapur, President

and Principal, King's College London.

    Professor Garud Iyengar, Senior Vice Dean for Research and Academic

Programs, Columbia Engineering, Columbia University, said, "Infosys and

Columbia Engineering have had an extraordinary relationship driven by the

InStep internship program, an initiative that provides students with

professionally and personally enriching experiences. Interns in the program are

engaged in real-time projects in the areas of technology like AI, ML,

Cybersecurity, UI/UX, and Metaverse. Students work alongside cross-functional

teams with professionals from diverse backgrounds, gaining industry exposure

that will help them to chart a rewarding career path. We look forward to many

more years of collaboration with Infosys."

    Professor Pamela Hinds, Faculty Director of Stanford Global Engineering

Programs, Stanford University, said, "Infosys has been an exceptional partner

in providing internships for Stanford engineering students. Our students report

having a life-changing experience. They are welcomed and integrated into the

organization, provided challenging opportunities in which they can contribute

and grow, paired with mentors who provide guidance but also encourage pushing

boundaries, and exposed to unforgettable cultural experiences. We look forward

to continuing to work with Infosys to provide these enriching opportunities for

our students."

    About Infosys

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

consulting. Over 300,000 of our people work to amplify human potential and

create the next opportunity for people, businesses, and communities. With over

four decades of experience in managing the systems and workings of global

enterprises, we expertly steer clients, in more than 50 countries, as they

navigate their digital transformation powered by the cloud. We enable them with

an AI-powered core, empower the business with agile digital at scale and drive

continuous improvement with always-on learning through the transfer of digital

skills, expertise, and ideas from our innovation ecosystem. We are deeply

committed to being a well-governed, environmentally sustainable organization

where diverse talent thrives in an inclusive workplace.

    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 and

the US, 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, 2022. 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