Beam Signing Celebration Demonstrates Progress in Construction of U.S. Education Center, Local Hiring Efforts, and Partnerships with Academic Institutions
Indianapolis, Indiana – November 15, 2019
Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today hosted Indiana Governor Eric J. Holcomb, and several local leaders for a beam signing ceremony to commemorate an important milestone in the construction of its U.S. Education Center in Indianapolis. Infosys also announced the hiring of over 500 American workers in Indiana since March 2018.
The U.S. Education Center will be a state-of-the-art training campus and residential center for Infosys employees. It will prepare the American workforce for the technology jobs of the future and revitalize a 55-acre site on the grounds of the old Indianapolis airport terminal.
After setting down roots in Indiana just over a year and a half ago with the inauguration of its flagship Technology and Innovation Center, Infosys is now servicing over 50 clients—including 10 that are local to Indiana—out of its Indianapolis Center. Infosys’ rapid growth in the state of Indiana is driven by its commitment to localized hiring, which allows the company to remain close to its clients to tackle the challenges of the digital future.
“We are excited by the progress we have made in Indiana and believe that our best days in the state are still ahead of us,” said Ravi Kumar, President, Infosys. “Located at the heart of America, Indiana is home to a highly skilled and talented workforce and a rich higher education ecosystem. Our continued investment in Indiana will enhance our ability to co-locate, co-innovate, and co-create alongside existing and future clients.”
“We’re so proud to call Infosys a key accelerator in our state’s thriving tech ecosystem,” said Governor Eric. J. Holcomb. “Infosys’ commitment to Indiana and their global clientele is making our capital city and state more connected than ever, and I’m thrilled with the progress we’re celebrating today.”
“Today’s beam signing is not just a celebration of the progress made in the construction of the U.S. Education Center, but a celebration of our joint commitment to shrink the cybersecurity knowledge and skills gaps in Indiana and throughout the United States,” said Dan Hirleman, Chief Corporate and Global Partnerships Officer, Purdue. “Through our research and educational partnerships with Infosys, we are able to provide our community with top local talent to take Indiana to the next level.”
In partnership with Purdue University, Infosys has already enrolled over 250 of its associates in Purdue’s best-in-class cybersecurity upskilling and cross-skilling experiences and deployed them across the country to address its clients’ most pressing challenges. Hiring from Ivy Tech Community College of Indiana is also underway following a close collaboration between Infosys and the academic institution. Infosys’ commitment to lifelong learning will help bring its clients the very best in technology innovation, while helping to bridge the technology skills gap in the U.S.
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 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 mentioned in this release concerning our future growth prospects and our future business expectations are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such statements 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, 2019. 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.
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