Infosys Selected by Allison Transmission to Provide Next-Generation Infrastructure Management Services

To Establish AI-driven command center for global process management

INDIANAPOLIS, IN, March 5, 2018 /CNW/ - Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced that Allison Transmission, the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and a leader in hybrid-propulsion systems for city buses, has selected Infosys to provide information technology (IT) infrastructure management services, including leveraging its proprietary artificial intelligence platform, Nia.

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Headquartered in Indianapolis for more than 100 years, Allison Transmission is a global leader in the design and manufacturing of transmissions for a variety of applications. The company chose Infosys as its consulting and IT services provider for its flexibility, scalability and expertise to respond to the company's growing global technology needs. Infosys is undertaking the installation of a new software command center for Allison Transmission using Infosys Nia that will assist Allison Transmission with achieving agility and efficiency through the management of technology processes and its physical assets.

Dean E. Ranalli, Vice President, Information Systems and Services & Chief Information Officer, Allison Transmission, said, "Our priority has been to find a fresh approach to evolve our technology infrastructure to support strategic business imperatives and growing business demand, and create a model that boosts our maturity in how we manage our worldwide information systems and services. We chose Infosys as our partner to achieve these objectives and enable our organization to be more responsive, agile and effective."

Ravi Kumar S, President and Deputy Chief Operating Officer, Infosys, said, "With digital transformation disrupting processes and decision-making within enterprises in every industry, Infosys enables businesses to simplify their IT landscape by taking the approach of 'people plus software.' We're excited to apply this approach working alongside Allison Transmission as the organization modernizes its mission-critical infrastructure and evolves with digitization."

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.

About Allison Transmission

Allison Transmission (NYSE: ALSN) is the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,600 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.

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