New York – October 1, 2018
Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced that it has entered into a three-year collaboration with Cornell University to reshape the workforce driving digital transformation by advancing employee education and research. Through this collaboration, Infosys – alongside expert faculty at Cornell – will educate its global workforce on technologies such as Blockchain, machine learning and human computer interaction; as well as impart skills in data analytics, design, systems thinking, critical thinking and engineering on Cornell’s eCornell virtual learning platform. At least 3,000 Infosys employees globally are expected to participate in the joint certification program, while others will participate course-by-course.
Infosys and Cornell will jointly research technologies that are transforming the enterprise and creating new talent demand in the U.S., with an emphasis on Blockchain, software defined networks (SDNs) and cloud computing. For SDNs, the team will explore creating a more unified policy framework; for cloud computing, seek more efficient application deployments across the public cloud in partnership with Cornell Computing and Information Science.
Tan Moorthy, Executive Vice President and Global Head of Education Training and Assessments, Infosys, said, “As a leader in digital transformation, Infosys needs to be at the forefront of the technologies and talent driving disruption in the enterprise. The Cornell University brand is synonymous with technology and talent, so we found a natural synergy between our organizations to improve workforce education.”
Greg Morrisett, Dean, Computing and Information Science, Cornell University, said, “We are very pleased to enter into this agreement with Infosys, one of the leading companies in the world. It is exciting that we will be working together to address cutting edge tech research, and at the same time innovate in how we educate the next generation to work with these technologies.”
Paul Krause, Executive Lead, eCornell & Associate Vice Provost for Online Learning, Cornell University, said, “We are honored that Infosys has chosen our innovative online learning solutions to help prepare their teams to meet the urgent demands of digital transformation and ensure their workforce is developing the skills of the future.”
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 45 countries to navigate their digital transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.
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, 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, 2018. 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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