DENVER and BENGALURU,
India, March 11, 2021 /CNW/ -- Infosys BPM, the business
process management arm of Infosys (NYSE: INFY),
today announced a five-year extension to its strategic
collaboration with Newmont Corporation (NYSE: NEM, TSX:
NGT), the world's largest gold mining company, to standardize
and digitize delivery models across its mine sites. Through this
renewed engagement, Infosys BPM will drive operational excellence
leveraging automation, artificial intelligence (AI),
and design thinking, to deliver increased business value
for Newmont.
As part of the engagement, Infosys BPM will provide an enhanced
end-to-end digital service to Newmont with its analytics-driven
platform-as-a-service offering. Infosys BPM will leverage DigiTran,
a solution applying advanced techniques like knowledge management,
simulation, and best-in-class processes. DigiTran
enables remote transition of services and establishes a
sound standard operating procedure (SOP) knowledge base to deliver
transparent and harmonized processes.
Infosys BPM will also improve Newmont's touchless invoice
processing across their Accounts Payable processes and provide
a Digital Command Center for real-time visibility into process
health metrics and analytical models to identify root causes, and
thus boost performance across its operations.
"We are pleased to continue to partner with Infosys BPM in
standardizing and digitizing supply chain processes across our
regions. Infosys BPM's strong leadership commitment and clear
understanding of our operations will enable significant
productivity improvements, service levels improvements, and cost
savings," said Ryan Plourde,
Group Executive – Supply Chain, Newmont Corporation.
Anantha Radhakrishnan, MD & CEO, Infosys BPM, said,
"Infosys BPM is delighted to extend our strategic collaboration
with Newmont to standardize and digitally transform processes
across mine sites in different geographies. This engagement
leverages our deep digital and domain expertise and will fast track
Applied AI and RPA (Robotic Process Automation) adoption in
mining. This is a testament to our capabilities in digital
technology and human-ware, i.e. harmonization, continuous
improvement, design thinking, business domain expertise, and
empathy. The success of this digital transformation attests to
Infosys BPM's longstanding relationship with Newmont and can be a
real game-changer in the sector."
About Infosys BPM
Infosys BPM, the business process management arm of Infosys, was
set up in April 2002. Infosys BPM's
technology heritage and investment in business domain centers of
excellence, and its holistic approach of end-to-end transformative
BPM (Business Process Management), delivers transformational
benefits to its clients through the use of innovative technologies
such as Robotics, Artificial Intelligence, Machine Learning,
Predictive Analytics, Rich Content Visualization, and Mobile
Technologies. Infosys BPM employed 34,366 people, from 80
nationalities as of September 30,
2017, operating across 32 global locations.
Visit www.infosysbpm.com to learn how Infosys BPM can help your
enterprise navigate your next. For more information contact
bpm.pr@infosys.com
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in 46 countries to navigate their
digital transformation. With nearly 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 (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, 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, 2020. 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:http://www.prnewswire.com/news-releases/infosys-bpm-and-newmont-corporation-extend-their-strategic-collaboration-to-standardize--digitize-delivery-models-across-mine-sites-301245558.html
SOURCE Infosys