The Melbourne Living Lab offers over 800 sqm of co-creation space designed to advance people and ESG-centric digital innovation
Melbourne, Australia – April 12, 2022
Infosys (NSE, BSE, NYSE: INFY) a global leader in next-generation digital services and consulting, has today announced the opening of its Melbourne Living Lab part of a network of over 20 established globally to date.
Underpinned by an ecosystem approach the Living Lab will enable a confluence of digital technologies and human experience. Featuring a stadium-style collaboration space amidst graffiti featuring Melbourne’s icons such as Luna Park and Brighton’s bathing boxes, Infosys partners will be able to leverage solution accelerators, digital experiences, and frameworks to ideate, prototype and test innovations.
Led by its Centre for Emerging Technologies, these solution accelerators leverage digital technologies including Cloud, 5G, IoT, 3D, AI, Cyber Security, Data & Analytics, AR, VR and address industry use cases in Financial Services, Telcos, Retail, Utilities, Manufacturing, Sports Tech, Edu Tech, among others.
Following the launch of its Metaverse foundry, the Infosys Melbourne living lab will also enable Infosys partners to test and incubate extended reality experiences in a 360-degree digital-donut, Infosys’ Virtual Living Lab and virtual reality zones.
Victoria’s Treasurer and Minister for Economic Development and Industrial Relations Tim Pallas, and Executive Vice President and Region Head, Infosys Australia and New Zealand Andrew Groth marked the opening of the Melbourne Living Lab today with a tour of the facility and a live demonstration of its capabilities.
Housed within Infosys’ new state-of-the-art workplace - which spans 5 floors and over 9200 sqm at Two Melbourne Quarter in Docklands - the Living Lab will bring together Infosys’ digital ecosystem including clients, partners, start-ups, academia and government in a co-creation and collaboration environment.
The Lab will also help accelerate ESG-centric innovation using digital technologies with practical sustainability offerings at its core.
Executive Vice President and Region Head, Infosys Australia and New Zealand Andrew Groth commented, “Victoria’s dynamic innovation sector and robust education ecosystem will support Infosys’ strategy to advance digital innovation, digital skills and digital inclusion. Investing in this state-of-the-art space will help inspire and incubate innovative digital solutions to help support Australia’s vision to be a world leading digital economy.”
The investment follows the launch of the Victorian Government’s International Investment Strategy, which is designed to attract global organisations from growth industries crucial to securing the skills, capabilities and technology that will support innovative partnerships to drive long-term growth in the Victorian economy.
Minister for Economic Development Tim Pallas commented, “This continuing investment by Infosys shows that Victoria is fertile ground for major global companies, and we’ll continue to create the conditions that allow businesses to thrive and grow jobs.”
Advancing digital jobs and digital skills in Victoria
Infosys established its business in the Australian market in 1999 when it set up its first office in Melbourne. Infosys is also a partner of the Victorian Government’s Digital Jobs program, designed to enable career transitions for experienced professionals from different backgrounds looking to build a career in the digital sector.
In addition to hiring and training experienced professionals in the digital sector, Infosys is enabling pathways to a digital career for University students via its graduate program, and its flagship global internship program InStep in collaboration with Victorian universities including Deakin University, Monash University, University of Melbourne and RMIT.
Digital innovation in Melbourne
Melbourne is home to Infosys’ Digital Innovation partnership with the Australian Open. Currently in its fourth year, recently extended to 2026. Infosys harnesses Big Data and Analytics, Artificial Intelligence, Virtual Reality and Cloud technologies to elevate the AO experience for fans, players, coaches, partners and the media. In addition, through its CSR program Springboard, Infosys is working with Tennis Australia on digital inclusion initiatives to make tennis more accessible and nurture future leaders.
Infosys’ award-winning Human Experience Agency WONGDOODY is based in the Infosys Melbourne Living Lab, helping bring a human experience capability to digital solutions. In collaboration with the Australian Grand Prix Corporation, WONGDOODY is helping reimagine the fan experience for two iconic international events based in Victoria – the Formula 1® Australian Grand Prix at Albert Park and the Australian Motorcycle Grand Prix at Phillip Island.
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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