This multi-year technology association will
provide in-race insights, fan engagement, and sustainability
solutions for the world's first all-electric motorsport
BENGALURU, India, May 9, 2024
/CNW/ -- Infosys (NSE : INFY), (BSE: INFY), (NYSE: INFY),
a global leader in next-generation digital services and consulting,
today announced a strategic three-year partnership with the
ABB FIA Formula E World Championship, the global
motorsport championship for electric cars, as its official Digital
Innovation Partner. Through this collaboration, Infosys will
provide in-race analytics, unlock fan engagement experiences, and
enhance sustainability reporting and tracking for the Formula E
championship.
The partnership between Infosys and Formula E will focus on
three core areas: fan growth, technology innovation, and continued
environmental stewardship.
- Creating a new Fan Customer Data Platform: With the aim
of engaging 500 million fans by 2030, Infosys will help build an
AI-powered Fan Customer Data Platform for Formula E to unlock deep
fan engagement and personalization opportunities, allowing Formula
E to better serve its growing global fan base.
- In-race insights and Driver Statistics: Leveraging
Infosys Topaz, an AI-first suite of offerings using generative AI
technologies, the collaboration aims to provide real-time insights
and real time driver statistics during races, enhancing the overall
viewing experience for fans.
- An enhanced sustainability data management tool: With
the objective of playing a pivotal role in supporting Formula E's
carbon reduction target of 45% by 2030, Infosys will work to
transform the sport's carbon reporting capabilities by using AI to
improve accuracy, reliability, and traceability of data collection,
and setting new standards in sustainability assessments for the
championship.
Jeff Dodds, Chief Executive Officer, Formula E, said,
"Infosys' expertise in cutting-edge technologies makes them the
ideal partner to help us drive the future of electric motorsport.
We are excited to work with them to deliver exceptional experiences
for our global fan base and further strengthen Formula E's position
as a leader in sustainable, digital-first sports. Infosys'
commitment to sustainability and innovation aligns perfectly with
our vision, and we are confident that this collaboration will
unlock new avenues in our key focus areas."
Sumit Virmani, EVP &
Global Chief Marketing Officer, Infosys, said, "Infosys has
built and nurtured several strategic sports collaborations
globally. We are now delighted to partner with Formula E, a
visionary motorsport series, that shares our passion for
sustainability and AI-led innovation. This strategic collaboration
will showcase our AI, digital, and analytics prowess, elevating the
fan experience, while enhancing Formula E's sustainability goals.
Together, we aim to redefine the possibilities in electric
motorsport."
As a brand, Infosys has been successfully associated with the
global tennis ecosystem for nine years through strong partnerships
with Roland-Garros, Australian Open, ATP, and the International
Tennis Hall of Fame. In addition, we continue to accelerate brand
momentum through our collaboration with the Madison Square Garden,
including key MSG properties New York Knicks, New York Rangers, and
the Madison Square Garden Arena. Through all these partnerships,
Infosys has successfully demonstrated how it brings to life the
benefits of AI into sports.
About Formula E and the ABB FIA Formula E World
Championship
As the world's first all-electric FIA World Championship and the
only sport certified net zero carbon since inception, the ABB FIA
Formula E World Championship brings dramatic racing to the heart of
some of the world's most iconic cities providing an elite
motorsport platform for the world's leading automotive
manufacturers to accelerate electric vehicle innovation.
The Formula E network of teams, manufacturers, partners,
broadcasters, and host cities are united by a passion for the sport
and belief in its potential to accelerate sustainable human
progress and create a better future for people and planet.
www.FIAFormulaE.com
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, our corporate actions including acquisitions,
and cybersecurity matters. 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
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