Bangalore – September 26, 2016
Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced the winners of the first Infy Maker Awards, India. The Infy Maker Awards are testimony to Infosys’ commitment to encourage the concept of ‘Making’ in India, acknowledging those individuals that have an interesting or innovative solution for real-world issues or a knack for leveraging technology to make things easier. These Awards were initially launched in the U.S. by the Infosys Foundation USA in June 2015 in support of President Obama’s Nation of Makers initiative.
Mr. Pravin Rao, Chief Operating Officer, Infosys said, “The Infy Maker Awards in India aim to recognize some of the best minds, and unleash the power of creativity and imagination of the next generation of thinkers. We believe that these awards will ignite the spirit of ‘making’ in India and celebrate excellence in innovation. Through these awards we aim to inculcate and foster an ecosystem of forward-thinking makers. Infosys intends to steadily empower and reward such makers in India across communities and organizations.”
Congratulating the winners on their achievement, Vandana Sikka, Chairperson, Infosys Foundation USA said, “The Infy Maker Awards program celebrates the spirit of making that is innate to all of us. These awards seek to recognize and reward the creative excellence of makers throughout India whose ideas and solutions have the potential to address the various challenges facing our world today. We believe that this initiative will spark thinking, ignite curiosity and fuel the spirit of innovation across the maker community in India. Building on the success of this awards program in the U.S., the Infy Maker Awards program in India is a reaffirmation of our commitment to contribute significantly to the larger global community and inspire the next generation of makers. The future is, and has always been, shaped by those who make.”
In the first Indian edition, 20 winners were selected from more than 280 entries and more than 2,500 registrations. The winners were selected by a panel of distinguished judges representing technology, academia and the business community. The jury, comprising Ms. Kiran Mazumder Shaw, Chairperson & Managing Director, Biocon; Ms. Rama Bijapurkar, Author; Mr. Mohandas Pai, Chairman, Aarin Capital Partners; and Mr. Pravin Rao, Chief Operating Officer, Infosys, evaluated and selected the winning entries that were relevant to real-world problems, used technology in an innovative way, displayed originality of ideas and brought forward quality presentations.
The Infy Maker Awards India enable the creation of an ecosystem of innovation through ‘making’, one that will help India contribute more deeply to the larger global community of inventors and entrepreneurs. The 20 winning ideas will be presented an award of INR 5 lakh each, a trophy and a certificate.
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 190,000+ 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 https://www.infosys.com/ to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.
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 the date of this press release is September 26, 2016, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. 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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