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Infosys Ltd. — Regulatory Filings 2021
Nov 17, 2021
17843_rns_2021-11-17_cbddfaf5-46dd-4985-a7e1-be0f67edbfe9.pdf
Regulatory Filings
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TO ALL STOCK EXCHANGES
BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED NEW YORK STOCK EXCHANGE
November 17, 2021
Dear Sir/ Madam,
Sub: Press Releases
Please find enclosed the following press releases titled
-
Economist Impact launches The Sustainability Project with Infosys as Digital Innovation Partner
-
Infosys Foundation Inaugurates 350-bed Block at the Jayadeva Hospital, Bengaluru
-
Infosys Makes New Investment to Prepare American Workforce for Opportunities of Tomorrow; Commits to Providing Salesforce Technology Jobs as Entry into Digital Careers for 500 Job Seekers by 2022
-
Bloomberg Media and Infosys Collaboration Powers New ‘Bloomberg Digital Economy Index’ Creating Unique Data and AI-driven Content for Business Leaders
-
Infosys Commits to 3-Year Investment in Thurgood Marshall College Fund
for your information and records.
This information will also be hosted on the Company’s website, at www.infosys.com.
Thanking you,
Yours sincerely, For Infosys Limited
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A.G.S. Manikantha Company Secretary
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PRESS RELEASE
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Economist Impact launches The Sustainability Project with Infosys as Digital Innovation Partner
London, United Kingdom – November 17, 2021 : Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is the digital innovation partner for Economist Impact’s The Sustainability Project. The initiative is the first from Economist Impact, a new business within The Economist Group designed to catalyze growth and create change through a combination of policy research and insights, creative innovation and influence by working with leading organisations, NGOs, governments and foundations. Today marks the launch of The Sustainability Project which will deliver new content and community tools designed to accelerate sustainability solutions and drive worldchanging impact: economistimpact.com/sustainability.
Economist Impact’s The Sustainability Project will actively engage a multi-disciplinary mix of stakeholders through market-leading policy research and insights, original content, events and interactive tools. To allow for an in-depth discussion around the most pressing issues, The Sustainability Project is designed to focus on five areas: Net Zero & Energy, Resilience & Adaptation, Circular Economies, Ecosystems & Resources and Social Sustainability.
Economist Impact and Infosys will continue to build upon the dynamic framework for The Sustainability Project including new interactive tools and community features that will enable convening and collaboration. This will include the development of a suite of participant services that will allow users to connect on solution-based discussions.
Claudia Malley, President/Managing Director partnerships, Economist Impact, said “We are working through a critical time in our world which is why we are investing in this new content and community platform. We are thrilled to work with Infosys on this important initiative to amplify the sustainability work from Economist Impact. We believe we can put the global spotlight on the most important issues around sustainability and elevate critical policy research, insights and partner work, not only to inform the discourse, but to convene the right community of leaders necessary for creating a sustainable future.”
Ashiss Kumar Dash, EVP and Segment Head - services, utilities, resources, energy at Infosys , emphasized “As the digital innovation partner of The Sustainability Project, Infosys will bring its digital services and capabilities to create an innovative experience that will contextualize the important issues and facilitate solutions-based thinking in order to set the agenda for global sustainability transformation. In a rapidly transforming world, such a dynamic project will bring stakeholders in the sustainability journey closer to the positive change our environment desperately needs”.
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Read more about the partnership HERE.
About Economist Impact
Economist Impact combines the rigour of a think-tank with the creativity of a media brand to engage a globally influential audience. We believe that evidence-based insights can open debate, broaden perspectives and catalyse progress. The services offered by Economist Impact previously existed within The Economist Group as separate entities, including EIU Thought Leadership, EIU Public Policy, Economist Events, El Studios and SignalNoise.
Our track record spans 75 years across 205 countries. Along with creative storytelling, events expertise, design-thinking solutions and market-leading media products, we produce framework design, benchmarking, economic and social impact analysis, forecasting and scenario modelling, making Economist Impact's offering unique in the marketplace. Visit www.economistimpact.com for more information.
About Infosys Ltd.
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over 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 (NSE, BSE, 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 forwardlooking 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, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forwardlooking 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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For more information contact:
Dena Tahmasebi, Head of Communications EMEA, Infosys: [email protected]
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PRESS RELEASE
Infosys Foundation Inaugurates 350-bed Block at the Jayadeva Hospital,
Bengaluru
Block to enable quality cardiac care for underprivileged patients
Bengaluru, India – November 17, 2021: Infosys Foundation, the philanthropic and CSR arm of Infosys, today announced that it has inaugurated a 350-bed ‘Infosys Foundation Block’ within the Jayadeva Hospital premises in Bengaluru. This block was built by Infosys Foundation in an effort to help the hospital in its endeavor to provide quality cardiac care at affordable costs.
The Infosys Foundation Block which was built at a cost of INR 103 Crore, will be equipped with critical cardiac care equipment, and offer free treatment to underprivileged patients. It was inaugurated by Shri. Basavaraj Bommai, Hon’ble Chief Minister, Govt. of Karnataka , in the virtual presence of Mrs. Sudha Murty, Chairperson, Infosys Foundation .
Speaking at the inauguration, Mrs. Sudha Murty, Chairperson, Infosys Foundation , said, “The completion of this Block is testament to the long-standing collaboration between Infosys Foundation and Jayadeva Hospital. This further propels our continued efforts to ensure proper medical care and treatment for underprivileged patients in India. We are also grateful to the Government of Karnataka for the help and assistance in realizing this vision.”
This initiative further adds to Infosys Foundation’s efforts to expand hospital and quarantine facilities and ensure proper medical treatment for the public. The Foundation recently inaugurated the Infosys Foundation Vishram Sadan’ Dharamshala at the National Cancer Institute, AIIMS, Haryana. It has also supported the construction of the ‘Infosys Foundation Asha Nivas’ Dharamshala at The Tata Memorial Centre, in Navi Mumbai, a 75,000 sq. ft state-of-the-art, multi-disciplinary Outpatient Department (OPD) block at the Kidwai Memorial Institute of Oncology, Bengaluru, and a Silver Jubilee medical block at the Ramakrishna Sevashrama in Pavagada, Karnataka.
Over the last one and a half years, Infosys committed a total of INR 200 Crore for Covid relief efforts across India. The Infosys Foundation also set up a 150-bed Covid care hospital in Bengaluru, in partnership with the state government.
About Infosys Foundation
Established in 1996, the Infosys Foundation supports programs in the areas of education, rural development, healthcare, arts and culture, and destitute care. Its mission is to work in remote regions of several states in India. The Infosys Foundation takes pride in working with all sections of society,
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selecting projects with infinite care, and working in areas that are traditionally overlooked by society at large. For more details, please log on: https://www.infosys.com/infosys-foundation
About Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over 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 (NSE, BSE, 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 forwardlooking 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, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forwardlooking 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.
Media contacts:
For more information contact [email protected]
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PRESS RELEASE
Infosys Makes New Investment to Prepare American Workforce for Opportunities of Tomorrow; Commits to Providing Salesforce Technology Jobs as Entry into Digital Careers for 500 Job Seekers by 2022
Launches program leveraging Trailhead, Salesforce’s free online learning platform, to train people for roles as Salesforce Certified Administrators and Developers
New York City, New York – November 17, 2021: Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a new program to prepare Americans for 21st-century careers in the technology sector. The program will offer 500 job seekers the opportunity to complete a fully digital, online diploma course certified by Salesforce, following an aptitude test that matches them with available entry-level tech jobs at Infosys. Leveraging Trailhead, Salesforce’s free online learning platform, the program will train these 500 American workers, free of cost, for roles at Infosys as Salesforce Certified Administrators and Salesforce Industries Developers.
The program, targeting recent graduates from major universities, liberal arts colleges, and community colleges, will help Infosys to create a workforce prepared for the future. The program will also continue to help the company build new pathways for talent to transition from traditional jobs across various industries and workstreams to digital jobs of the future.
Ravi Kumar, President, Infosys , said, “At Infosys, we see every day that the relevance of technical skills is short-lived, but technical aptitude is invaluable, when matched with organizational confidence and ability to train individuals in specific skills that make them productive. Getting the right people ready for the right roles can be better achieved by embracing creative new approaches. Infosys’ new program leveraging Trailhead for digital skills learning is another investment in this direction that will enable us to expand our hiring to include more people, while creating upward mobility, so more of us can live the American dream.”
This comes on the back of several investments that Infosys has already made in training and reskilling the American workforce, including the Reskill and Restart initiative launched last year to fulfill employment needs in the country following COVID-19.
Amy Regan Morehouse, Senior Vice President, Trailhead Academy GTM , said, “In today's digital-first world, it's critical that companies invest in workforce development programs that provide new learning opportunities for both employees and for anyone looking to learn in-demand tech skills. Companies like
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Infosys are leading the way to pave new pathways for digital skills education, and we're excited to power their reskilling efforts with Trailhead and bring new jobs to the Salesforce ecosystem.”
Infosys is proud to be part of the Salesforce Talent Alliance, an initiative that empowers partners to bring new and diverse pipelines of Salesforce-certified talent into the Salesforce ecosystem. Infosys participates in numerous Salesforce talent programs, such as Pathfinder, Salesforce Military, and the Salesforce Fellowship Program, Hiring our Heroes.
Salesforce, Trailhead and others are among the trademarks of salesforce.com, inc.
About Trailhead
Trailhead is Salesforce’s free online learning platform that allows people to learn from anywhere and earn globally recognized credentials that help them land and excel in roles across the Salesforce ecosystem. Since launching in 2014, Trailhead has helped nearly 3.7 million people learn in-demand skills for the future of work.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over 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 (NSE, BSE, 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, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional
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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.
For more information contact [email protected]
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PRESS RELEASE
Bloomberg Media and Infosys Collaboration Powers New ‘Bloomberg Digital Economy Index’ Creating Unique Data and AI-driven Content for Business
Leaders
Collaboration delivers insight about the future of technology and the demand for digital skills to Bloomberg’s platforms
New York City, New York – November 17, 2021: Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, and Bloomberg Media, a leader in global business news, today announced a strategic collaboration to create the Bloomberg Digital Economy Index. Through the partnership, Infosys harnesses analytics and AI to integrate the Index experience on Bloomberg Media’s digital platforms and Bloomberg TV. The Index will launch in 2022.
The Index measures investment by global CTOs and CIOs into major technology categories. Up-to-theminute global data will help track growth around technology’s impact on demand for future skills across industries and markets. The Index will equip enterprise decision-makers and emerging leaders with insights to navigate an increasingly digital future.
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Data surfaced by Infosys’ insights engine will power the Index across Bloomberg Intelligence, Bloomberg Businessweek and other Bloomberg Media digital channels to provide context to its audience. The Digital Economy Index will also be integrated into Bloomberg Surveillance programming on Bloomberg TV.
"This partnership leverages Infosys' powerful AI technology to activate the Bloomberg Digital Economy Index, a first-of-its-kind measurement of technology investment", said Justin Smith, CEO of Bloomberg Media . "These insights will empower business leaders with real-time, actionable data for critical decisions.”
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Salil Parekh, CEO, Infosys, said, “As our clients accelerate their tech-powered transformation, feedback loops that bring insights and ideas from data into their digital programs are becoming increasingly important. We are excited to partner with Bloomberg Media to help them transform their editorial experience with contextualized digital insights and deliver immersive business journalism to their readers - many of whom are also our clients.”
The insights engine aligns with Bloomberg Media’s goal to deliver new, data-driven content experiences to a wider audience of global business leaders through brands including Bloomberg Green, Bloomberg Equality, and new programming on the streaming news network Bloomberg Quicktake.
About Bloomberg Media
Bloomberg Media is a leading, global, multi-platform brand that provides decision-makers with timely news, analysis and intelligence on business, finance, technology, climate change, politics and more. Powered by a newsroom of over 2,700 journalists and analysts, it reaches influential audiences worldwide across every platform including digital, social, TV, radio, print and live events. Bloomberg Media is a division of Bloomberg L.P. Visit BloombergMedia.com for more information.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over 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 (NSE, BSE, 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
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31, 2021. 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.
For more information contact [email protected]
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PRESS RELEASE
Infosys Commits to 3-Year Investment in Thurgood Marshall College Fund
TMCF and Infosys will establish mechanism to increase candidates from Historically Black Colleges and Universities (HBCUs) for high-quality STEM jobs
The Infosys Foundation USA will support the TMCF Teacher Quality & Retention Program to help prepare aspiring K12 STEM teachers to bring computer science and maker education to their classrooms
New York – November 17, 2021: Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a 3-year investment benefitting the Thurgood Marshall College Fund (TMCF), America’s largest organization exclusively representing the Black College Community. As part of its commitment to developing and recruiting diverse talent, Infosys will serve as a HBCU Graduate Pipeline Partner creating an opportunity for at least 1600 graduating students to interview and accept jobs within Infosys. Additionally, given its mission to advance access to computer science education for K12 educators, Infosys Foundation USA will serve as the STEM sponsor of TMCF’s Teacher Quality & Retention Program (TQRP) 10-day Summer Institute to invest in the future pipeline of Black STEM educators.
“Building a culture of equality doesn’t start and end with any one individual, one government, or one business – it takes a coalition of the willing to ensure our progress is lasting. Partnering with the TMCF is a fantastic opportunity to highlight the work their organization is doing to develop a culture of engagement that turns young Americans into future STEM leaders. Infosys recognizes that in order to get the right people into the right roles, while also ensuring upward mobility, we can’t rely on past approaches. Through this partnership, Infosys renews its commitment to provide equal opportunity for all and strive for a workforce that resembles the cultural makeup of America,” said Ravi Kumar, President, Infosys .
Infosys and TMCF will provide graduating students with a path to career training and job placement at Infosys. The program will leverage TMCF’s HBCU campus relationships and its talent acquisition team to identify students interested in technology careers and having strong analytic skills. Ultimately, students will have an opportunity to interview for roles at Infosys. Infosys will also support on-campus informational sessions to maximize the program’s reach with the eventual goal of moving more than 1,600 students through the career program.
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Recent data shows that this kind of investment in HBCUs would profoundly affect the US economy. HBCUs are uniquely positioned to foster such engagement given their assets, experience, and cultural and historical significance.
Dr. Harry L. Williams, President & CEO, Thurgood Marshall College Fund , said, “It’s time today’s technology leaders champion the talent of HBCU graduates. We believe HBCUs possess the power and the people to create a more equitable society, that’s why we work so diligently to ensure their sustainability and strengthen their capacity to continue to produce top talent who are prepared to change the face of leadership in business and beyond. We are thrilled Infosys recognizes the potential of diverse students to transform the future workforce. This impressive group of students will certainly be tomorrow’s corporate leaders and experts.”
The Infosys Foundation USA will invest in the TMCF TQRP Summer Institute, a 10-day hands-on training program that helps pre-service and aspiring K12 educators to develop their pedagogical skills while equipping them to succeed in challenging teaching environments. As the official STEM sponsor, the Foundation will provide fellows with access to innovative computer science and maker education resources that exist on the Pathfinders Online Institute digital learning platform while helping to build connections to a wider community of peer STEM teachers. Roughly 100 fellows are selected to participate in the program, which is estimated to positively impact nearly 4,000 K-12 students.
“We are thrilled to launch this new initiative with TQRP at a time that our country needs dynamic and diverse educators. The statistics are clear that K12 students have higher rates of educational performance when they have teachers in the classroom who reflect their backgrounds. The TQRP Summer Institute is an exceptional program that reflects the values of the Foundation to promote K12 computer science education in under-represented communities. We look forward to the scaled impact that will result from this new partnership, says Kate Maloney, Executive Director, Infosys Foundation USA .
Graduates of the TQRP program become the next generation of future leaders who possess a passion for teaching in high-need communities. To date, TQRP fellows have impacted over 31,000 K-12 students in high need, urban, and rural areas. Over time the partnership between TQRP and the Infosys Foundation USA will aim to leverage synergies of their respective professional development resources to create expanded enrichment opportunities for the fellows as they enter K12 classrooms and inspire the next generation of STEM leaders.
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Infosys and TMCF will host a panel discussion at the Infosys Americas Leadership Forum today to detail expected outcomes of the partnership and its industry impact. For more information about Infosys’ investment in TMCF and its commitment to attracting and retaining diverse talent, please tune in to a live stream of the event beginning at 5:20 p.m. ET at https://youtu.be/iHcSXkYW_IA
About Infosys Foundation USA
Infosys Foundation USA was established in 2015 with the mission of expanding computer science and maker education to K-12 students and teachers across the United States, with a specific focus on increasing access to underrepresented communities. The Foundation achieves impact through delivering professional development programs for teachers, partnering with leading nonprofits, and delivering innovative media campaigns that inspire everyone to be creators, not just consumers, of technology. For more information, visit infosys.org/USA.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over 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 (NSE, BSE, 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, 2021. 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
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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.
For more information contact [email protected]