Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced an expansion of its relationship with Microsoft to accelerate the digital transformation of enterprise clients. Infosys has launched a new Microsoft Cloud Business Unit that will focus on the comprehensive cloud needs of enterprises - from infrastructure to business applications.
The Microsoft Cloud Business Unit at Infosys will consist of a central pool of trained consultants, architects and specialist sales team that will be aligned to four core solution areas - Modern Workplace, Business Applications, Application Development & Infrastructure and Data & Analytics. The new unit is chartered to develop and deliver integrated experiences, solutions and services spanning Microsoft Azure, Microsoft Office 365, Windows 10 and Microsoft Dynamics 365.
Infosys currently provides a broad set of industry solutions leveraging Dynamics 365 and other Microsoft Cloud services for customers across sectors, including Financial Services, Retail and CPG, Communications, Oil and Gas, and Life Sciences. Further, Infosys delivers a spectrum of technology solutions to help customers migrate to the Microsoft Cloud, derive deep insights from existing hybrid environments and harness intelligence for automation. Building on the current collaboration, Infosys and Microsoft have concluded a strategic Cloud Solution Provider Agreement (CSP) that enables Infosys to directly manage the entire lifecycle for its enterprise customers including billing and support, and deliver integrated end-to-end solutions as a managed service on Microsoft Cloud.
As part of this enhanced alliance, Infosys will also establish a global Microsoft Cloud Innovation Center in the US, which will act as a forum to help enterprise clients utilize the power of Microsoft Cloud. The Center will enable incubation, co-innovation and proliferation of solutions leveraging Microsoft Cloud services.
Ravi Kumar S, President and Deputy Chief Operating Officer, Infosys, said, "Our clients, large global corporations are continuing to scale their digital agendas to transform their business and operating models. This presents a unique opportunity for Infosys to partner with our clients and help them navigate this disruption. Our newly formed Microsoft Cloud Business Unit will help to synergize best-in-class capabilities; and our investments across Microsoft Azure, Microsoft 365, and Microsoft Dynamics 365 will support in orchestrating differentiated solutions in the age of digital, thereby empowering our clients to energize their core and amplifying a superior experience across stakeholders."
Judson Althoff, Executive Vice President of Microsoft's Worldwide Commercial Business, Microsoft Corp., said, "Globally, customers are moving quickly to digitally transform their organizations and are increasingly turning to the Microsoft Cloud to realize their digital ambitions. By launching its Microsoft Cloud Business Unit, Infosys can better respond to customers' digital needs through a cohesive approach that integrates Microsoft Azure, Microsoft 365 and Microsoft Dynamics 365."
Infosys is an Azure partner with 1400+ certified consultants and dedicated Microsoft Learning & Certification Centers across five locations. Over the past six months, Infosys and Microsoft teams have worked closely to organize multiple events and hackathons aimed at developing new solution ideas; and providing a wide cross-section of Infosys employees with hands-on experience in deploying Microsoft Cloud solutions and services.
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 45 countries to navigate their digital transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
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.