08.05.2024,
6586 Zeichen
Bengaluru, India (ots/PRNewswire) - Leveraging Infosys Cobalt to
drive Yunex Traffic's SAP S/4HANA transformation across 16 countries
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in
next-generation digital services and consulting, today announced its
collaboration with Yunex Traffic, a global leader in intelligent
traffic solutions, to help accelerate their SAP S/4HANA-led digital
transformation journey across 16 countries, including the United
States, United Kingdom, and Germany. This strategic collaboration
will help advance the 'Yunex OneERP' program, which aims to drive
harmonization across diverse business units. In addition, Infosys
will help Yunex Traffic consolidate disparate business processes and
IT systems in the Enterprise Resource Planning (ERP) space into a
cloud-based unified system powered by Infosys Cobalt, a set of
services, solutions and platforms for enterprises to accelerate their
cloud journey.
In its mission to make mobility safer, more efficient, and more
sustainable with tech-driven smart city ecosystems, Yunex Traffic
chose Infosys for its proven track record in offering
industry-standard solutions and delivering similar programs with a
clear, well-defined approach. With this collaboration, Yunex Traffic
aims to enhance business efficiency, enable real-time reporting and
analytics, reduce maintenance costs, and accelerate time-to-market.
Sebastian Weinig, CIO and Vice President IT, Yunex Traffic, said, "At
Yunex Traffic, our goal has always been to revolutionize mobility on
a global scale and provide innovative solutions to solve the mobility
challenges of our customers and partners. To ensure highest business
excellence in everything we do, our team at Yunex Traffic relies on a
dynamic and flexible work environment that maximizes productivity.
The collaboration with Infosys is pivotal in streamlining our ERP
transformation journey, ensuring a smoother transition to SAP S/4HANA
across geographies. Infosys' expertise and commitment to delivering
tailored solutions will play a critical role in enhancing our
operational efficiency, enabling us to innovate and deliver seamless
traffic solutions to communities worldwide."
Jasmeet Singh, Executive Vice President and Global Head of
Manufacturing, Infosys, said, "The endeavor of global enterprises to
modernize and transform core processes and technology stack is
driving mobility solutions providers like Yunex Traffic to
collaborate with Infosys. It is our privilege to work with Yunex
Traffic to help them overcome efficiency hurdles, achieve integrated
global reporting, and spur seamless operations and cross-functional
collaboration across geographies."
About Yunex Traffic
Yunex Traffic is a separately managed company of the Mundys Group. It
is a global leader in the field of intelligent traffic systems,
offering the widest end-to-end portfolio of solutions for adaptive
traffic control and management, highway and tunnel automation, as
well as smart solutions for V2X and road user charging tolling. Yunex
Traffic has 3500 employees from 62 nations and is active in over 40
countries worldwide. Its intelligent mobility solutions are currently
being used in major cities across the world, including Dubai, London,
Berlin and Bogota. Yunex Traffic has successfully concentrated its
efforts on mastering technologies in the three segments of hardware,
software, and service, and is subsequently the only supplier who is
capable of meeting all major regional standards in Europe, UK, Asia
and America such as OCIT, SCOOT, SCATS. Further information is
available at: www.yunextraffic.com
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. We enable clients in more than 56 countries to navigate
their digital transformation. With over four decades of experience in
managing the systems and workings of global enterprises, we expertly
steer clients, as they navigate their digital transformation powered
by cloud and AI. We enable them with an AI-first 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, BSE, NYSE: INFY) can
help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance, 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 or outcomes 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 the execution of our business strategy, our
ability to attract and retain personnel, our transition to hybrid
work model, economic uncertainties, technological innovations such as
Generative AI, the complex and evolving regulatory landscape
including immigration regulation changes, our ESG vision, our capital
allocation policy and expectations concerning our market position,
future operations, margins, profitability, liquidity, capital
resources, our corporate actions including acquisitions, and
cybersecurity matters. Important factors that may cause actual
results or outcomes to differ from those implied by the
forward-looking statements are discussed in more detail in our US
Securities and Exchange Commission filings including our Annual
Report on Form 20-F for the fiscal year ended March 31, 2023. 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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