Collaboration delivers insight about the future of technology and the demand for digital skills to Bloomberg’s platforms
New York City, New York – November 17, 2021
Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, and Bloomberg Media, a leader in global business news, today announced a strategic collaboration to create the Bloomberg Digital Economy Index. Through the partnership, Infosys harnesses analytics and AI to integrate the Index experience on Bloomberg Media’s digital platforms and Bloomberg TV. The Index will launch in 2022.
The Index measures investment by global CTOs and CIOs into major technology categories. Up-to-the-minute global data will help track growth around technology’s impact on demand for future skills across industries and markets. The Index will equip enterprise decision-makers and emerging leaders with insights to navigate an increasingly digital future.
Data surfaced by Infosys’ insights engine will power the Index across Bloomberg Intelligence, Bloomberg Businessweek and other Bloomberg Media digital channels to provide context to its audience. The Digital Economy Index will also be integrated into Bloomberg Surveillance programming on Bloomberg TV.
"This partnership leverages Infosys' powerful AI technology to activate the Bloomberg Digital Economy Index, a first-of-its-kind measurement of technology investment", said Justin Smith, CEO of Bloomberg Media. "These insights will empower business leaders with real-time, actionable data for critical decisions.”
Salil Parekh, CEO, Infosys, said, “As our clients accelerate their tech-powered transformation, feedback loops that bring insights and ideas from data into their digital programs are becoming increasingly important. We are excited to partner with Bloomberg Media to help them transform their editorial experience with contextualized digital insights and deliver immersive business journalism to their readers - many of whom are also our clients.”
The insights engine aligns with Bloomberg Media’s goal to deliver new, data-driven content experiences to a wider audience of global business leaders through brands including Bloomberg Green, Bloomberg Equality, and new programming on the streaming news network Bloomberg Quicktake.
Bloomberg Media is a leading, global, multi-platform brand that provides decision-makers with timely news, analysis and intelligence on business, finance, technology, climate change, politics and more. Powered by a newsroom of over 2,700 journalists and analysts, it reaches influential audiences worldwide across every platform including digital, social, TV, radio, print and live events. Bloomberg Media is a division of Bloomberg L.P. Visit BloombergMedia.com for more information.
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four 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 (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders 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 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 COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, 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, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. 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, 2021. 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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