KUKA and Infosys Announce Industry 4.0 Partnership

HANOVER, Germany, April 27, 2016 /CNW/ - KUKA Aktiengesellschaft, one of the world's leading automation companies, and Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced plans to jointly develop solutions to support companies embracing Industry 4.0.

(Logo: http://photos.prnewswire.com/prnh/20130122/589162 )

The aim of the collaboration is the development of a software platform that will allow customers to collect, evaluate and utilize data for improving their own processes. KUKA will work to extend the connection of machines with the Cloud by establishing an Industry 4.0 Cloud Platform. These software and services will be developed by a newly established subsidiary of KUKA, connyun.

"We want to offer our customers access to a wide ecosystem of partners. We are inviting partners and start-ups to offer their services on our platform. With our own solutions and the expanded range of partner solutions, we can offer customers a wide breadth of production and logistics processes optimization," explains Dr. Christian Schlögel, CTO of KUKA and CEO of connyun. "Infosys is an ideal partner in this endeavor. Their extensive and global technology experience will greatly accelerate the process of platform development."

"With this cooperation, we will extend the spectrum of Industry 4.0 significantly," commented Gordon Muehl, Vice President Industry 4.0 at Infosys. "Robots play a key role in realizing the benefits of Industry 4.0. As a leader in robotics and a pioneer in Industry 4.0, KUKA brings invaluable expertise to this partnership."

The name connyun is comprised from the English word 'connect' and 'yun', the Chinese term for cloud.

About Infosys Ltd 

Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.

Visit http://www.infosys.com to see how Infosys (NYSE: INFY), with US$ 9.5 billion in LTM revenues and 194,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.

Safe Harbor 

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations 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 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. 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, 2015. These filings are available at http://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. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. 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


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