BANGALORE, May 02,2017 /PRNewswire/ --
TO ALL STOCK EXCHANGES
BSE LIMITED
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NEW YORK STOCK EXCHANGE
EURONEXT LONDON
EURONEXT PARIS
May 2, 2017
Dear Sir/Madam,
Sub: Press Release
Please find attached the press release titled " Infosys to Hire 10,000 American Workers Over the Next Two Years and Establish Four Technology and Innovation Hubs in the United States"
The same will also be made available on the Company's website, www.infosys.com
This is for your information and records.
Yours sincerely,
For Infosys Limited
AGS Manikantha
Company Secretary
PRESS RELEASE
Infosys to Hire 10,000 American Workers Over the Next Two Years and Establish Four Technology and Innovation Hubs in the United States
Indianapolis, Indiana - May 2, 2017: Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced that it plans to hire 10,000 American workers over the next two years. As part of this initiative, Infosys will open four new Technology and Innovation Hubs across the country focusing on cutting-edge technology areas, including artificial intelligence, machine learning, user experience, emerging digital technologies, cloud, and big data.
These four hubs will not only have technology and innovation focus areas, but will closely serve clients in key industries such as financial services, manufacturing, healthcare, retail, energy and more. The first hub, which will open in Indiana in August 2017, is expected to create 2,000 jobs by 2021 for American workers and will help boost Indiana's economy.
"Infosys is committed to hiring 10,000 American technology workers over the next two years to help invent and deliver the digital futures for our clients in the United States," said Dr. Vishal Sikka, Chief Executive Officer, Infosys. "Learning and education, along with cultivating top local and global talent, have always been the core of what Infosys brings to clients; it is what makes us a leader in times of great change. In helping our clients improve their businesses and pursue new kinds of opportunities, we are really excited to bring innovation and education in a fundamental and massive way to American workers. New advances in technology - artificial intelligence, in particular - are radically transforming our world, and it is within our reach to learn these new technologies and to be the innovators and entrepreneurs who bring solutions based on these technologies to our clients in all industries."
"It's so good to welcome Infosys to Indiana, and to expand our growing tech ecosystem with the addition of their estimated 2,000 Hoosier jobs," said Indiana Governor Eric J. Holcomb. "Indiana continues to put the tools in place, such as the Next Level Trust Fund and incentivizing direct flights, that allows us to attract and retain great companies like Infosys. In addition, our higher education institutions are producing a world class workforce, establishing Indiana as the innovation hub of the Midwest. I look forward to working with Infosys to elevate Indiana to the next level."
In filling these jobs, Infosys will hire experienced technology professionals and recent graduates from major universities, and local and community colleges, to create the talent pools for the future. To ensure that American workers are fully equipped to innovate and support clients in the rapid digitization of all industries and consistent with Infosys' over 35 year-long commitment to the U.S., the company will institute training programs in key competencies such as user experience, cloud, artificial intelligence, big data and digital offerings, as well as core technology and computer science skills.
This development comes as part of Infosys' continued legacy of a three-decade long investment across the U.S. In just the last 3 years, Infosys has renewed this focus by setting up an innovation hub in Silicon Valley. A unique, open environment that encourages new ways of working, collaborating, thinking and delivering breakthrough next generation project to clients.
Infosys pursues its mission of inspiring children, young adults and educators to become creators of technology through its charitable foundation, Infosys Foundation USA. Since 2015, more than 134,000 students, over 2,500 teachers and almost 2,500 schools across America have benefited from high quality computer science training and classroom equipment funded by Infosys Foundation USA. The Foundation also partners with organizations such as Code.org, CSTA and others to advance the skills development of millions of students.
"Since joining Infosys nearly three years ago, it has been my personal endeavor to help us get much closer to our clients, to co-innovate with them, on their most important business problems," added Dr. Sikka. "Having lived in the U.S. for nearly 30 years, and being a part of the incredible innovation here, I truly believe Infosys can help clients bring innovation more directly into their businesses, as they create and drive their digital transformations. We can achieve this by enhancing our ability to attract and recruit local top talent across the United States, by harnessing the global scale of Infosys, through software and platforms, and by educating and training people in the necessary skills."
For more information on jobs at Infosys please visit: https://www.infosys.com/careers/
About Infosys Ltd
Infosys is a global leader in technology services and consulting. We enable clients in more than 50 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 over 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 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, 2016. 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. 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.
Media contacts:
Asia Pacific EMEA Americas
Sarah Gideon Margherita Di Cerbo Chiku Somaiya
Infosys, India Infosys, Europe Infosys, USA
+91 80 4156 3998 +44 2075162748 +1 408 375 2722
Sarah_Gideon@infosys.com Margherita.DiCerbo@infosys.com Chiku.Somaiya@infosys.com
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