PR98943

BENGALURU, India, Nov. 22, 2022 /PRNewswire=KYODO JBN/ -

    The leading electric vehicle battery innovator and Infosys to co-develop a

cloud-based, modular platform powered by Infosys Cobalt

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

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

announced a strategic collaboration with Envision AESC

[https://www.envision-aesc.com/en/], a world-leading battery technology

company. Through this collaboration, Infosys will help develop a cloud-based

platform to digitize and automate manual processes at Envision AESC's Electric

Vehicle (EV) battery manufacturing plants.

    Initially, the cloud-based platform seeks to digitize key processes that

require a high level of human intervention. In the long-term, the cloud-based

platform aims to improve productivity, enhance end-to-end visibility, and

simplify quality monitoring through data-driven reporting and analytics tools.

Further, the modular and extensible cloud-based platform will not only offer

rich user experience but also bring about scalable, resilient, and predictable

performance of business applications across geographies. This new cloud-based

platform, co-developed by Infosys and Envision AESC, leverages AWS Cloud

components of Infosys

Cobalt[https://www.infosys.com/services/cloud-cobalt.html], a set of services,

solutions and platforms for enterprises to accelerate their cloud journey.

    "At Envision AESC, we believe that advancements in battery technology will

propel the EV revolution to newer heights. The manufacturing processes of our

breakthrough batteries need a robust digital foundation to accelerate the speed

and scale of innovation. We are confident that Infosys, with their trusted

cloud technologies and deep expertise in the automotive industry, will help us

continue on our journey towards achieving our transformation goals," said,

Brian Sullivan, Executive Vice President of Global Manufacturing and Supply

Chain at Envision AESC.

    Jasmeet Singh, Executive Vice President and Global Head of Manufacturing at

Infosys, said, "As e-Mobility continues to transform the automotive landscape,

building a strong digital core in cloud is a business imperative. We are

delighted that in collaboration with Infosys, Envision AESC will be taking a

cloud-first approach to digitize operations in its EV battery manufacturing

plants. We believe that our co-innovation efforts will catalyze the development

of next-generation EV batteries from a sustainability and circularity

standpoint."

    About Envision AESC

    Envision AESC is a world-leading battery technology company committed to

research, development, design, manufacture and sale of high-power batteries and

energy storage batteries. Headquartered in Japan, Envision AESC has produced

high-performance, extended range batteries for more than 650,000 electric

vehicles in 44 countries, achieving a record of 'zero critical battery

malfunction.' Find out more at https://www.envision-aesc.com/en/.

    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: 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 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.

    Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg

    Source: Infosys