Infosys Opens Indianapolis Technology and Innovation Hub

Hub is Expected to Bring Increased Client Collaboration and Technological Innovation

INDIANAPOLIS, IN, March 6, 2018 /CNW/ - Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today inaugurated its flagship Technology and Innovation Hub in Indianapolis. In addition, the company announced that it has hired more than 2,500 American workers over the past year as part of its ongoing commitment to accelerate innovation for American enterprises.

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The Indianapolis Hub in One America Tower will train, upskill and reskill employees in the technologies required to help businesses accelerate their digital transformations, while also allowing Infosys to work closely with clients to develop cross-functional solutions to pressing business challenges.

"What an honor to celebrate Infosys' grand opening in Indiana today," Governor Eric J. Holcomb said. "Not long ago, Infosys announced its plans to grow and create up to 2,000 high-wage jobs for Hoosiers. Today, the company is not just up and running here in Indiana; it's taking off. It's great to welcome a company like Infosys that shares our vision for a 21st century skilled workforce and is committed to increasing opportunity for working adults, students and educators. I'm glad they'll be a part of our efforts to take Indiana to the next level, and I look forward to witnessing their continued success."

"We are excited to continue our collaboration with the State of Indiana by opening our first Technology and Innovation Hub here in Indianapolis," said Ravi Kumar, President, Infosys. "This will expand our ability to serve clients' needs in cutting-edge technologies and evolve our local workforce to help our clients in their efforts to digitize and renew their core businesses as well as innovate into new breakthrough areas."

"It's an honor to once again welcome Infosys to Indianapolis as they open their newest tech hub. Time and time again, our community has proven itself an epicenter of innovation and we're excited to reach new heights alongside Infosys," said Indianapolis Mayor Joe Hogsett. "With thousands of new employees, their place in our community will ensure expanded access to S.T.E.M. programing, helping our city succeed for decades to come."

"We are excited about the Technology and Innovation Hub that Infosys is launching. Cummins, like many other companies in Indiana, relies on access to great technology, research advances and talent development. The Hub will not only help develop the skills we need, it will also serve as a forum to exchange ideas and knowledge with experts across critical disciplines," said Tom Linebarger, Cummins Inc. Chairman and CEO.

The Hub-which currently houses more than 150 employees and is growing quickly-also serves as an innovation lab, showcasing new prototypes in virtual, augmented and robotic technologies, and as a space to foster co-creation, training and collaboration. In addition, the Hub is home to an Infosys ITAR facility to help us support companies requiring enhanced security services.

Infosys' partnerships with academic institutions such as Purdue University and Udacity will provide recent graduates and experienced professionals with exposure to the latest training, research and development. These partners augment Infosys dedicated learning facilities within the Hub, which will deliver continuous learning across the employee lifecycle.

Infosys Foundation USA will host Pathfinders Summer Institute, a national convening for K-12 teacher education in Computer Science and Making. The event will be held at Indiana University Bloomington (IUB) for more than 800 public school teachers from July 15-20, 2018. Teachers from around the country will convene on the IUB campus for high-quality, hands-on training for computer science and Maker education at no cost to them. For more details, please visit http://www.InfyPathfinders.org.

For more information, please visit: https://www.infosys.com/american-innovation/Pages/in.aspx  

About Infosys 

Infosys is a global leader in technology services and consulting. We enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 200,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.

Visit http://www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.

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, 2017. 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. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. 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