Infosys Creates IBM Bluemix-powered Innovation Lab to Accelerate Creation of App Solutions

BANGALORE, Oct. 16, 2015 /CNW/ - IBM and Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced a collaboration in which Infosys will tap Bluemix, IBM's Cloud platform to rapidly prototype, develop and deploy the next generation of Cloud apps for its global client base.

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The collaboration includes the launch of Bluemix-powered Innovation Lab for co-creation of apps with clients; training of Infosys developers on Bluemix and cloud app development skills; as well as Infosys' adoption of Bluemix dedicated to leverage its vast library of cognitive computing and analytics solutions and other services to build client apps.

Srikantan Moorthy, Head of Application Development and Maintenance, Infosys, said, "Digital transformation is unleashing the power of smarter processes for our clients. Our goal is to bring these advanced technologies to clients' application landscape in the most rapid and collaborative way possible. Infosys will also incorporate Bluemix-related curriculum into its on-boarding and training process."

Steve Robinson, General Manager, IBM Cloud, said, "Today a massive digital transformation is underway unpinned by the disruptive forces of cognitive computing, analytics and IoT all delivered through the cloud. Through Bluemix, developers can accelerate the deployment of these next-generation apps that leverage the most innovative advancements in technology. This collaboration with Infosys will further advance our joint clients journey and the adoption of Bluemix."

Powered by Bluemix, the Infosys Innovation Lab will function as a place to innovate and co-create apps with a broad range of global clients. Staffed with a dedicated team of designers, extreme agile specialists, and industry and technology architects, the Lab is designed to rapidly deliver app prototypes. IBM launched Bluemix with a US$ 1 billion investment in 2014, that matured quickly to become the largest Cloud Foundry deployments in the world, and providing a developer-friendly catalog of over 120 tools and software-services, combining the most prominent open-source, IBM and third-party technologies.

About Infosys 

Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.

Visit http://www.infosys.com to see how Infosys (NYSE: INFY), with US$ 8.7 billion in annual revenues and 187,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.

Safe Harbor 

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations 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 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, and unauthorized use of our intellectual property and general economic conditions affecting our industry. 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, 2015. These filings are available at http://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. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. 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.

SOURCE Infosys