Infosys Expands European Footprint by Establishing New Office in The Netherlands

Invests to fulfil the requirements of next-generation services and technologies for forward-thinking Dutch clients

Amsterdam –September 6, 2017

Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced the opening of a new state-of-the-art office space in Amsterdam. The office was inaugurated by the Deputy Mayor of Amsterdam, Ms. Kajsa Ollongren, together with the Indian Ambassador to The Netherlands, Mr. Venu Rajamony, in the presence of Mr. Mohit Joshi, President and Head of Banking, Financial Services and Insurance, Healthcare and Life Sciences, Infosys and Mr. Roshan Shetty, who heads the company’s operations in the country.

The investment in the new office represents Infosys’ continued commitment to the Dutch market, as it endeavors to take its service offerings across Artificial Intelligence, automation, data and analytics, digital and platform technologies, to clients across sectors such as financial services, insurance, healthcare, and manufacturing.

The company currently has more than 20 clients in the country and employs over 1,100 people including those working at client locations in The Netherlands.

Rajesh Krishnamurthy, President and Head of Europe, Infosys said: “The Netherlands is one of our largest markets in Europe and we are encouraged with the traction we have seen in the region. Over the past 15 years, Dutch clients and prospects have been keen adopters of new technologies and our strengthened presence in the market will enable our customers to embrace innovations such as Artificial Intelligence, automation and digital services, to help them achieve their growth and digital transformations ambitions.”

Kajsa Ollongren, Deputy Mayor, Amsterdam said: “International companies are very important to the Amsterdam metropolitan area. Infosys especially is a valuable partner for Amsterdam and we are pleased that they chose to grow their presence in the city with this ultra-modern office. Through the collaboration with knowledge institutes based here, Infosys fosters innovation and creates opportunities for young talent.”

About Infosys

Infosys is a global leader in technology services and consulting. We enable clients in 45 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 198,000+ 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, 2017. 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.

 

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