The leading electric vehicle battery innovator
and Infosys to co-develop a cloud-based, modular platform powered
by Infosys Cobalt
BENGALURU, India, Nov. 22,
2022 /PRNewswire/ -- Infosys (NSE: INFY) (BSE:
INFY) (NYSE: INFY), a global leader in next-generation digital
services and consulting, today announced a strategic collaboration
with Envision AESC, a world-leading battery technology company.
Through this collaboration, Infosys will help develop a cloud-based
platform to digitize and automate manual processes at Envision
AESC's Electric Vehicle (EV) battery manufacturing plants.
Initially, the cloud-based platform seeks to digitize key
processes that require a high level of human intervention. In the
long-term, the cloud-based platform aims to improve productivity,
enhance end-to-end visibility, and simplify quality monitoring
through data-driven reporting and analytics tools. Further, the
modular and extensible cloud-based platform will not only offer
rich user experience but also bring about scalable, resilient, and
predictable performance of business applications across
geographies. This new cloud-based platform, co-developed by Infosys
and Envision AESC, leverages AWS Cloud components of Infosys
Cobalt, a set of services, solutions and platforms for enterprises
to accelerate their cloud journey.
"At Envision AESC, we believe that advancements in battery
technology will propel the EV revolution to newer heights. The
manufacturing processes of our breakthrough batteries need a robust
digital foundation to accelerate the speed and scale of innovation.
We are confident that Infosys, with their trusted cloud
technologies and deep expertise in the automotive industry, will
help us continue on our journey towards achieving our
transformation goals," said, Brian
Sullivan, Executive Vice President of Global Manufacturing
and Supply Chain at Envision AESC.
Jasmeet Singh, Executive Vice
President and Global Head of Manufacturing at
Infosys, said, "As e-Mobility continues to transform the
automotive landscape, building a strong digital core in cloud is a
business imperative. We are delighted that in collaboration with
Infosys, Envision AESC will be taking a cloud-first approach to
digitize operations in its EV battery manufacturing plants. We
believe that our co-innovation efforts will catalyze the
development of next-generation EV batteries from a sustainability
and circularity standpoint."
About Envision AESC
Envision AESC is a world-leading battery technology company
committed to research, development, design, manufacture and sale of
high-power batteries and energy storage batteries. Headquartered in
Japan, Envision AESC has produced
high-performance, extended range batteries for more than 650,000
electric vehicles in 44 countries, achieving a record of 'zero
critical battery malfunction.' Find out more at
https://www.envision-aesc.com/en/.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses,
and communities. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, in more than 50 countries, as they navigate their digital
transformation powered by the cloud. We enable them with an
AI-powered core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY)
(NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
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 and the US, 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, 2022.
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.
Logo:
https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg
View original
content:https://www.prnewswire.com/news-releases/infosys-to-digitize-and-automate-processes-at-envision-aescs-ev-battery-manufacturing-plants-301684948.html
SOURCE Infosys