The collaboration will enable Proximus to
modernize its IT stack, optimize costs and broaden its portfolio of
offerings
LONDON, Nov. 21,
2023 /PRNewswire/ -- Infosys (NSE: INFY)
(BSE: INFY) (NYSE: INFY), a global leader in next-generation
digital services and consulting, today announced yet another
successful collaboration with Proximus, Belgium's leading digital services and
communications solutions provider, to deliver an IT modernization
and consolidation project. The project will see Infosys
consolidating key components of the IT stack of a Proximus
affiliate into the main IT stack, enabling them among others to
offer fiber and new digital services to more of its customers.
As part of the project, Infosys acted as a managing partner to
synergize Proximus' and its affiliate's ecosystems, adopting an
outcome-based model. The highly complex project spanned 70+
applications, multiple vendors, and was successfully completed in
time and within budget. As result, the affiliate's technology stack
was modernized to meet future demands, with accelerated time to
market, and an increased portfolio of offerings.
The collaboration builds on Infosys' existing 25-year
relationship with Proximus to transform, develop and maintain
Proximus' IT applications.
Antonietta Mastroianni, Chief
Digital & IT Officer at
Proximus, said, "Our affiliates are an
important part of Proximus' multi-brand strategy. They have a
fantastic reputation in Belgium
when it comes to quality service at great prices. In order to
continue to ensure smooth operations and an enhanced portfolio of
offerings to all our customers, it was crucial to achieve deeper
integration in the Proximus IT stack. A complex transition,
involving multiple vendors, applications in an evolving landscape
meant that we needed new operating model and sourcing strategy that
could anticipate and adapt to our requirements. Infosys as a
managing partner for this venture with the out-tasking model
enabled us to successfully complete the program on time and with
great quality of delivery."
Anand Swaminathan, Executive
Vice President and Global Industry Leader, Communications, Media
and Technology at Infosys, said, "Collaborating on this program
with Proximus has been an exciting journey for Infosys
strengthening the 25-year strategic partnership between our two
organizations. Infosys played the role of a managing partner for
the end-to-end delivery of this extremely complex program involving
multiple partners, applications, and a new operating model. We're
proud to have helped Proximus and its affiliate bring connectivity
and new digital services to even more customers."
About Proximus
Proximus Group (Euronext Brussels: PROX) is a provider of
digital services, communication and ICT solutions operating in the
Belgian and international markets. Our purpose, 'Boldly building a
connected world that people trust so society blooms', is our
guiding star in delivering delightful communication and
entertainment experiences for residential consumers and in enabling
next generation digital innovations tailored to businesses.
Proximus aims to build the #1 gigabit network for Belgium, combined with technology assets that
enable digital ecosystems, while fostering an engaging culture and
empowering ways of working. These exceptional strengths pave the
way to deliver long-term value for stakeholders; they allow
Proximus to contribute to an inclusive and sustainable digital
society, delight customers with an unrivalled experience and
achieve profitable growth both locally and internationally.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. We enable clients in more than 56 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer clients, as they navigate their
digital transformation powered by cloud and AI. We enable them with
an AI-first core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance are
forward-looking statements 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 or outcomes 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 the execution of our business strategy, our
ability to attract and retain personnel, our transition to hybrid
work model, economic uncertainties, technological innovations such
as Generative AI, the complex and evolving regulatory landscape
including immigration regulation changes, our ESG vision, our
capital allocation policy and expectations concerning our market
position, future operations, margins, profitability, liquidity,
capital resources, and our corporate actions including
acquisitions. Important factors that may cause actual results or
outcomes to differ from those implied by the forward-looking
statements are discussed in more detail in our US Securities and
Exchange Commission filings including our Annual Report on Form
20-F for the fiscal year ended March 31,
2023. 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.
For more information, please contact:
Dena Tahmasebi, Director of
Communications, EMEA, Infosys |
Dena.tahmasebi@infosys.com
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SOURCE Infosys