BENGALURU, India, Oct. 1, 2019 /PRNewswire/ -- Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, announced a new strategic program, Innov8, to accelerate enterprise digital transformation journeys using SAP digital solutions. As part of the program, Infosys and SAP are in talks to createa joint go-to-market engagement model between project Embrace from SAP and Infosys' Innov8 program. The joint engagement model is intended to help companies accelerate their digital transformation based on SAP S/4HANA® to build intelligent enterprises.
The contemplated alliance aims to enable Infosys to become one of SAP's first global strategic service partners for project Embrace, designed to drive enterprise customer adoption of cloud and digital technologies from SAP. Infused with more than 70 ready-to-deploy use cases spanning artificial intelligence (AI)/machine learning (ML), blockchain, the internet of things (IoT) and analytics, the Infosys Innov8 program paves the way for clients to invest in purposeful innovation and build truly intelligent enterprises. Innov8 helps clients transform their business model to one based on predictable OPEX-based costs and offer flexible points of entry to the SAP environment for both existing and new cloud users, all within one comprehensive end-to-end business solution.
Utilizing Embrace reference architectures — including SAP S/4HANA, SAP® C/4HANA, Experience Management solutions from SAP (Qualtrics), SAP SuccessFactors software and others — and Infosys industry-specific business/IT services and intellectual property, SAP and Infosys plan to deliver Innov8 for Embrace on a cloud hyperscale environment. As a result, clients will be empowered to shift financial and human resources toward driving innovation and transformation for the enterprise.
Dinesh Rao, Executive Vice President, Infosys, said, "Navigating the cloud ecosystem requires a structured strategy that provides a consolidated view into a company's overall transformation journey. Through Innov8, we are focused on leveraging our industry knowledge and experience to accelerate the delivery of business solutions. Through this collaboration, we are focusing on ensuring that our clients are able to rapidly adopt tomorrow's business models today."
David Robinson, senior vice president, SAP Cloud Business Group and global lead, Embrace program at SAP, said, "SAP is excited about its plans to partner with Infosys to help clients invest in purposeful innovation to build their intelligent enterprise. Innov8 for Embrace leverages Infosys' industry knowledge and expertise on SAP and cloud technologies. This is a platform that is delivered on a cloud hyperscale environment with SAP digital solutions delivering end-to-end business outcomes at accelerated pace. We couldn't be more excited."
David McIntire, IT Services Research Director at NelsonHall, said, "The value of SAP S/4HANA adoption extends beyond IT and into transforming how businesses operate. Innov8 for Embrace has the potential to combine industry-tailored intelligence, applications and processes with simplified OPEX pricing and cloud hosting into an integrated offering aimed at helping companies maximize the business value of adopting SAP S/4HANA."
For more information, please visit: https://www.infosys.com/SAP/in...ts/Pages/innov8.aspx
About Infosys
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.
Visit http://www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements mentioned in this presentation 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, 2019. 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.
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