BANGALORE, April 21, 2016 /PRNewswire/ --
Infosys to Manage the Procurement and Delivery of all ICT Services for the Fourth-largest Company in Wales, Covering Everything From Data Centers to Telephony
Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced it has been selected by Welsh Water to manage substantial elements of its IT estate in a transformative deal lasting up to 10 years, one of the largest IT deals in the UK water utility sector.
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The deal will see Infosys take responsibility for setup, migration and execution of data center facilities and services, managing critical network links and business applications, server and storage management, together with transforming and managing internal network communications and IP telephony services and infrastructure. The deal extends beyond running core IT infrastructure to include managing essential projects in the IT ecosystem including virtualization, operating system strategy, database platforms and more. Infosys will partner with Vodafone to deliver communications services over the infrastructure being managed.
Welsh Water is the sixth-largest of the 10 water and sewerage companies in England and Wales, serving 1.4 million homes and businesses, three million people and supplying 828 million litres of water every day. Today, it is the fourth largest company in Wales.
Central to Infosys being selected to undertake IT services for Welsh Water was its AiKiDo next generation services framework. AiKiDo is designed to help clients address three key aspects of their business: a non-disruptive renewal and simplification of their existing IT landscapes; introduction of new IT offerings and business models in a dynamic business environment; and creating a culture of IT innovation in their organizations. All three aspects are key to Welsh Water's growth and transformation plans, that have seen it invest £1.5 billion in the last five years alone. Welsh Water also visited Infosys' utility customers and the heart of its operations so they could see first-hand how Design Thinking works, and to become more integrated with the company as a trusted partner.
The selection of Infosys follows an intensive two-year competitive tendering process and builds on Welsh Water's 15-year heritage of external IT provision and management that has allowed the company to focus on its core operations of water delivery, safety, sewage provision and water infrastructure management.
Quotes:
Rajesh K. Murthy, Executive Vice President and Global Head of Energy, Communications and Services, Infosys
"Ensuring near 100% uptime, quality of service and product requires extensive infrastructure and trusted partners such as Infosys that understand and have a track record of supporting utility providers in delivering unwavering dependability. Infosys will support Welsh Water's day-to-day operations and deliver business change through technology innovation and best-of-breed services. This will allow Welsh Water to concentrate on maintaining and delivering front line service to the people of Wales."
About Infosys Ltd
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$ 9.5 billion in LTM revenues and 194,000+ 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. In addition, please note that the date of this press release is April 15, 2016, and 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.
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