09.07.2024,
6005 Zeichen
Bengaluru, India (ots/PRNewswire) - Leading European security
provider to leverage Infosys Cobalt to modernize core systems across
eight countries
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in
next-generation digital services and consulting, today announced a
strategic five-year collaboration with Sector Alarm, one of Europe's
leading providers in security, who are partially owned by global
investment firm KKR, to transform their core enterprise business
systems on the cloud. Through this collaboration, Infosys will work
closely with Sector Alarm to migrate their disparate, on-premises
Enterprise Resource Planning (ERP) platform onto Microsoft Dynamics
365 Finance and Operations (F&O), helping them modernize their
financial and business operating models. Capitalizing on Infosys'
digital transformation capabilities, the Microsoft platform will
enable Sector Alarm to streamline finances, gain business insights,
and help seamlessly integrate with their existing CRM platform.
Infosys was chosen by Sector Alarm for its proven track record in the
Nordics region, experience with PE customers, deep domain expertise
in cloud-powered ERP transformation, and next-gen Application
Management Services (AMS). By leveraging the power of Infosys Cobalt,
a set of services, solutions and platforms for enterprises to
accelerate their cloud journey, the Microsoft Dynamics 365 F&O will
also help Sector Alarm to streamline business processes, enable
higher customer retention and acquisition, improve customer
experience, protect employee experience, and reduce Total Cost of
Ownership of new systems. The Microsoft Dynamics 365 F&O
implementation will take place in a phased manner across eight
European countries, including Norway, Sweden, Finland, Italy, and
France.
Lorenzo Bianchi, Chief Digital Transformation Officer, Sector Alarm,
said, "At Sector Alarm, we are committed to continuous growth and to
providing exceptional security solutions to our customers. Partnering
with Infosys on implementing cloud-based ERP solutions, coupled with
their strong collaboration with Microsoft, is a strategic step
towards achieving this goal. Infosys' expertise will give us the
scalability and operational efficiency needed to seamlessly scale our
business and reach new heights."
Jasmeet Singh, EVP and Global Head of Manufacturing, Infosys, said,
"This collaboration with Sector Alarm is a testament to Infosys'
expertise in driving digital transformation for high-growth
organizations. By leveraging cloud-based ERP and CRM solutions and
our long-term partnership with Microsoft, we are looking forward to
empowering Sector Alarm with a robust IT platform to achieve their
ambitious growth. With this key win, we are well poised to establish
ourselves as a trusted partner in the European security systems
market."
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,
increased competition for talent, our ability to attract and retain
personnel, increase in wages, investments to reskill our employees,
our ability to effectively implement a hybrid work model, economic
uncertainties and geo-political situations, technological disruptions
and 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, 2024. 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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