As part of AI/ML advancement in Singapore, Kantar was granted a patent in the Quantum Machine Learning field in Singapore. Kantar Brand Growth Lab continues experimenting in the Quantum Machine Learning field. SINGAPORE, June 22, 2020 — Kantar, the world’s…
Algorand Selected For Official Chess Ratings As FIDE Online Arena Launches First Ever Digital Games
World Chess leverages Algorand to remove friction in new era of decentralized and transparent gaming; expands access to players globally BOSTON, June 18, 2020 — Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced official ratings and titles data from World Chess players will be recorded on Algorand’s…
Ribbon Enhances Analytics Portfolio with Advanced VoLTE and 5G-Ready Service Assurance Capabilities
New release provides enhanced intelligent network management, security and service troubleshooting with actionable insights; reducing overall costs while improving the customer experience WESTFORD, Massachusetts, June 18, 2020 — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions…
Herta Awarded the Highly Competitive “COVID-19 Response Seal of Excellence” From the European Commission
BARCELONA, Spain, June 18, 2020 /PRNewswire/ — In May 2020, Herta was awarded with the COVID-19 Seal of Excellence certificate delivered by the European Commission (EC) for the project AWARE.
AWARE was sent for evaluation to the European Innovation Council (EIC) Accelerator Pilot. As stated by the EC, the EIC Accelerator Pilot offers Europe’s brightest and boldest entrepreneurs the chance to step forward and request funding for breakthrough ideas with the potential to create entirely new markets or revolutionize existing ones. Highly innovative SMEs with a clear commercial ambition and a potential for high growth and internationalization are the prime target. The 20th of March 2020, the EC made an urgent call through the EIC Accelerator Pilot for technologies and innovations that could help in treating, testing, monitoring or other aspects of the Coronavirus outbreak.
The COVID-19 Seal of Excellence is a highly competitive quality label awarded to project proposals which were evaluated to have a high excellence and impact to deserve funding in this special call, but did not receive it due to current EC’s budgetary constraints.
AWARE proposes a hybrid edge and distributed solution for advanced video analytics, including real-time face recognition and crowd behaviour analysis. Part of the computing pipeline is executed on-premise, on low-power and small-size edge stations using Deep Neural Network accelerator hardware. This allows saving costs and increasing system’s scalability, efficiency and ease-of-installation. HERTA’s cutting-edge algorithms, which are able to identify people even when wearing masks and monitor crowd density, are integrated in the solution. The automatic control of social distancing and the identification of persons in access controls without the need of removing masks become vitally important to control the spread of COVID-19, and are Herta’s main focus to fight against the pandemic.
Signals Analytics Lauded by Frost & Sullivan for Enabling Transformative Business Decisions with its Novel Analytical Platform
Signals Analytics’ platform can harmonize varied data sources in an automated, configurable manner to derive deep contextual insights
SANTA CLARA, Calif., June 17, 2020 /PRNewswire/ — Based on its recent analysis of the North American health analytics market, Frost & Sullivan recognizes New York-headquartered Signals Analytics with the 2020 North America Enabling Technology Leadership Award for its novel analytical platform that can harmonize varied data sources in an automated, configurable manner to derive deep contextual insights using natural language processing (NLP) core technology. The platform can be applied in various life sciences, pharmaceuticals, and consumer care industries to help drive data-driven business decisioning and successful business outcomes. It addresses key unmet industry needs for connecting and analyzing vast, unstructured data to extract meaningful insights that can be applied in real-world scenarios, including the current COVID-19 pandemic. To access the full award report, click here.
"Unlike competitors that offer analytics that require data collection and customization, Signals Analytics delivers a configurable data platform that has already ingested more than 13,000 different data sources. It includes curated taxonomies and more than 100 analytic models, all of which can be adapted to the needs of the business," said Vandana Iyer, Industry Manager. "The company employs a rich NLP core to facilitate contextual research insights that can drive critical business decisions in a more timely and accurate manner. In the pharmaceutical arena, some of the data sources that are harmonized for analysis include clinical trial data, research publications, patents, company profiles, products, and financials; in the consumer goods space the data sources also including e-commerce product listings and reviews, social media, Key Opinion Leaders and more."
Signals Analytics leverages the power of lexico-syntactic and semantic extraction modeling, deep learning, swarm intelligence, synthetic control frameworks, and neural networking concepts, which enable deep and broad coverage of otherwise disconnected data sources. Furthermore, it can efficiently cut the noise from the data repertoire to extract actionable intelligence.
The company has also created a COVID-19 Playbook to help pharmaceutical companies, biotechs, and public health agencies extract key insights to accelerate drug and vaccine development and repurpose existing drugs to combat the virus. All of the insights generated by the platform can be updated by expanding data sources to include more information and obtain insights pertaining to the progress of the clinical trials.
"Signals Analytics has been serving many large pharma companies with its advanced analytics platform and has received a further boost by its association with renowned consumer brands such as Nomad Foods and partners such as Informa and Nielsen," noted Iyer. "Frost & Sullivan applauds Signals Analytics’ remarkable business growth and commends its ability to enable transformative business decisions for its rapidly growing client base."
Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.
"We are honored to receive the Enabling Technology Leadership Award for Healthcare Analytics, and thank the Frost & Sullivan analyst team for recognizing our position in the market as drivers of digital transformation and impact when it comes to the way businesses leverage big data," said Gil Sadeh, Co-Founder and CEO of Signals Analytics.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Lindsey Whitaker
P: 210.477.8457
E: [email protected]
About Signals Analytics
With next-generation advanced analytics, Signals Analytics powers the future of market intelligence with the scale and speed of AI. The configurable data platform connects and classifies countless rich, external sources into unified contextual data, and augments analytic applications with unparalleled accuracy and scale. Patented machine learning, NLP and data automation technologies leapfrog traditional approaches of data collection and management to help organizations maximize the impact of advanced analytics and harness the power of external data to drive successful business outcomes. Business users, consumer and market insights teams and data & analytics organizations leverage the platform to surface powerful trends and predictive insights and benefit from business-ready applications and integrations of the data into their business intelligence environments. Trusted by an impressive roster of global brands including Procter & Gamble, Nestle, Johnson & Johnson, Bayer, Roche, Mars and others who experience higher sustainable growth, faster time to insight and other data-driven benefits, Signals Analytics is redefining the world of market intelligence. For more information visit www.signals-analytics.com
Contact:
Chris Thatcher
P: 646-430-5161
E: [email protected]
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http://www.frost.com
Value Xd Changes the Face of Impact Investing With the Launch of Value Xd Impact Platform
Firm has created the first analytical ecosystem for sustainable impact investment
EXETER, England, June 15, 2020 /PRNewswire/ — Value Xd, the cutting edge and unique cloud-based analytics platform with analytical technology that reinterprets and covers the entire value chain, has today announced the launch of Value Xd Impact – the world’s first analytical ecosystem for sustainable impact investing at the Responsible Investor Digital Festival.
Dr Armen Papazian, Founder and Chief Executive, Value Xd: "Since the Paris Climate Agreement in 2016 and the conception of the UN Sustainable Development Goals investors have been tasked with aligning their investments with these new targets and objectives. As such, they need flexible and efficient platforms to achieve this, which is why we developed a private analytical ecosystem dedicated to impact investing. The time is now to try and stem the effects of climate change for future generations, and Value Xd Impact can play an integral role."
This groundbreaking platform provides investors with unique modules that create the ability to design their impact responsibly. Value Xd Impact reinterprets the analytical value chain, allowing investors to transfer their ESG and sustainability values to analytical tools in order to maximise their impact and help them deliver on their responsibilities. By doing so, it creates greater efficiency, transparency and effectiveness for investors.
Data is the raw material in all analytical projects; equations and algorithms are the analytical actions that are applied to data, with the outputs then used to make decisions in business and finance. However, in the most commonly used analytics software, equations sit behind the raw material, creating a fundamental architectural issue. Value Xd’s platforms are game changers because the equations sit above and in front of the raw material, as universal abstract tools that can be applied and shared globally at any time. Furthermore, equations on the Value Xd platform are always written in mathematical language, and not coder invented abbreviations. Value Xd Impact breaks the boundaries of responsible, sustainable impact investing and takes it to the next level.
Alex Grigoryan, Founder and Chief Technology Officer, Value Xd: "The technology we have developed is unique and unparalleled. Through innovative coding work, we transformed many of the elements of analytical modelling and presentation, introducing flow and efficiency where there was only tediousness, providing a unique user experience that makes analytics more effective."
Value Xd Impact also provides the user a diverse set of pre-designed and pre-assembled tools. These are offered through the Add-On library which is a living library of downloadable and applicable models serving a specific analytical purpose. These Add-Ons cover a wide variety of topics and fields, relevant to investors and their investee companies, including conventional and commonly used tools along with other new and more holistic ones, such as space value optimisation and other emissions calculators and projectors.
Papazian concludes: "The Covid-19 pandemic has triggered an intense stage in the already ongoing process of digital transformation. What makes this phase very special is that this digital deepening is accompanied by a change of mantra, forcing a radical change in philosophy and approach. From a world that was often driven to compete, we now find ourselves in a world keen to collaborate.
"Indeed, this change of attitude was a critical requirement for our global response to climate change. In this new chapter, technology has become a central conduit of trust, and a cornerstone for value creation, sharing and exchange. Value Xd Impact is designed as an analytical ecosystem for sustainable impact investing, a universe that facilitates and enhances the creation and sharing of analytical intelligence on a global scale."
Click here for a virtual tour of Value Xd Impact
About Value Xd:
Value Xd Ltd is a UK HQ-ed and registered cloud-based analytics platform provider. Value Xd was recently listed as one of the Top 33 Tech Start-ups in the UK by Tech Nation and was ranked 14th in the South West Tech Innovation rankings by Business Cloud.
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Miaozhen Systems Announces Its Focus on Omni Measurement & Business Intelligence
BEIJING, June 12, 2020 /PRNewswire/ — China’s leading omni measurement and business intelligence analytics solutions provider Miaozhen Systems, a part of Mininglamp Technology Group, has unveiled its rebranding. The change includes an expanded range of products and services, with a new positioning of omni measurement and business intelligence analytics, as well as an updated visual language.
Miaozhen Systems was established in 2006 by Minghui Wu, serial entrepreneur and Mininglamp Technology Group’s founder, chairman, and CEO. Since its founding, Miaozhen Systems has been committed to helping enterprises accurately measure and optimize their marketing effectiveness. It has also been instrumental in increasing transparency in the China digital marketing industry.
Miaozhen Systems’ rebranding marks an expanded focus on omni measurement and business intelligence instead of its historical focus on ad and marketing measurement. Miaozhen Systems will be able to use omni measurement to analyze every touch point between business and consumer across multiple platforms and media types, and harness Mininglamp Technology Group’s AI capabilities to mine big data for business intelligence. With these technologies, Miaozhen Systems will be able to help enterprises make optimized, customer-centric business decisions and stay ahead of the curve.
After rebranding, Miaozhen Systems will have two major service unites:
Omni-marketing Intelligence (OMI): Miaozhen Systems’ service unit focused on omni-measurement and marketing optimization. Uses big data and AI technology to provide businesses with digital measurement, evaluation, and optimization solutions for advertising, marketing, and business. Helps enterprises make decisions based on real & accurate data and empowers high-speed growth.
Business Intelligence & Analytics (BIA): Miaozhen Systems’ service unit focusing on business intelligence and analytics. Provides BIA services using big data and AI technology and based on real-time, accurate, comprehensive ad, social, and e-commerce data. Helps enterprises predict trends in the market, optimize business decisions, and achieve commercial value.
Miaozhen Systems’ new brand positioning is also reflected in its new visual identity. The concentric radiating circles and markings suggest its focus on broader measurement and deeper analytics. They also bring to mind a rotating engine, symbolizing continuous empowerment of its clients to create commercial value.
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FICO Survey: Philippine Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and British
26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK
MANILA, Philippines, June 12, 2020 /PRNewswire/ —
Highlights:
- The FICO Consumer Digital Banking Survey examines the preferences Filipino consumers have with digital bank account opening
- The study found 26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK
- 76 percent of Filipino consumers said they would open a financial account online
- Identity verification with too much friction could cost organizations over 40 percent of new account openings
More information: https://www.fico.com/identity
FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Philippine consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and the UK.
The study showed that 26 percent of Filipinos prefer to open a bank account on their phone, compared to 18 percent in the US and 25 percent in the UK.
"Filipino consumers are digital natives," said Subhashish Bose, FICO’s lead for fraud, security and compliance in Asia Pacific. "Around 40 percent of Filipinos have a smartphone and according to a recent study they rank in the top 10 mobile internet users globally, spending an average of 4.58 hours a day on their phones."
The study showed that digital account opening is rapidly becoming the norm in the Philippines, with 76 percent of consumers saying they would open some kind of financial account online.
Of those that would open a financial account online, 40 percent would consider doing so for an everyday transaction account, 38 percent for a credit card and 33 percent for a personal loan.
Bucking expectations, it was older consumers in the Philippines who were more likely to be leading the digital push with the youngest Filipinos being the laggards.
- 46 percent of those over 55 years of age said they would open a bank account online
- 40 to 45 percent of 25-34, 35-44 and 45-54 year-olds said they would do the same
- While just 28 percent of 18-24-year-olds would open a bank account online
"The truth in the numbers here is far more nuanced," explained Bose. "Younger Filipinos are adept at using smartphones and computers, however, many do not have the required identification forms to open bank accounts at a young age, don’t have regular income or are presented with bank account options that are not appealing. For example, many bank accounts in the Philippines require a minimum balance to avoid monthly account-keeping fees.
"As consumers’ reliance on online services grows in response to COVID-19, we expect further shifts in adoption and indeed an acceleration and acceptance in opening bank accounts digitally. It is important that banks closely examine any points of friction in their application process to ensure consumers are not abandoning a process or switching to a competitor," said Bose.
Filipinos expect account opening to be fully digital
The survey found that a large percentage of Filipinos had an expectation that they should be able to complete all aspects of account opening online or on their phone.
Out of the regular identity checks needed to open an account, 67 percent of Filipinos thought they should be able to prove their identity by scanning documents or providing a selfie, 47 percent expected to prove where they live without going offline and 45 percent said they should be able to set up a biometric such as a fingerprint scan at account opening.
If all actions required to complete an account opening cannot be accomplished in-session, only 41 percent of respondents said they would carry out the necessary offline actions as soon as possible.
Around 33 percent thought they would eventually complete offline actions such as taking a phone call, posting documents, or visiting a branch. A further 13 percent said they would try a competitor while 5 percent said they would give up completely. Overall findings demonstrated that financial institutions in the Philippines that don’t facilitate a completely digital account opening experience could lose over 40 percent of their new business.
"There is research to show that only 6 to 9 percent of applicants move through the funnel and complete the process," said Bose. "Banking executives should review the application completion for authenticated versus non-authenticated applications, as well as how many applicants with saved or abandoned applications return to complete the process."
FICO’s Consumer Digital Banking Survey was produced using an online, quantitative poll of 5,000 adults (over 18) across 10 countries carried out on behalf of FICO by an independent research company. The countries surveyed were: Brazil, Canada, Germany, Malaysia, Mexico, Philippines, Sweden, UK and the USA.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.
Join the conversation on Twitter at @FICOnews_APAC.
FICO is a registered trademark of Fair Isaac Corporation in the US and other countries
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NS8 Raises $123 Million Series A, Now Among Fastest Growing Fraud Prevention Platforms in the World
Latest Raise Led by Lightspeed Venture Partners and AXA Venture Partners
LAS VEGAS, June 12, 2020 /PRNewswire/ — NS8, an online fraud prevention company, announced the company has successfully closed $123 million in venture funding led by Lightspeed Venture Partners and AXA Venture Partners (AVP).
With this investment, NS8 will accelerate product development and expand its global reach with an increased focus on growing its vast partner network. The company has grown from 50 to over 200 employees within the last year, and hiring continues across sales, engineering, marketing, and infrastructure.
Lightspeed’s investment provides NS8 with access to the firm’s expansive global network, as well as a team of operators and advisors to help navigate challenges, build world-class teams, and support the company’s continued growth at all stages.
"Online fraud prevention has grown rapidly due to the acceleration of ecommerce adoption by merchants and, with it, an increased threat of those seeking to attack online stores. Merchants of all sizes need to invest in security products to ensure a safe and secure online experience," said Bradley Twohig, Partner at Lightspeed Venture Partners. "NS8’s platform allows its partners and their merchants to stand up a full-service fraud prevention hub, in a matter of a day, across almost every ecommerce platform. The time to value is simply best in class."
AVP has significant experience helping scale companies that leverage differentiated technology and efficient business models to drive innovation in enterprise software, fintech, consumer and digital health. With offices in North America, Europe, and Asia, AVP can also help NS8 accelerate its global expansion.
"NS8 has built a market-leading fraud detection and prevention platform combining advanced data analytics with real-time scoring. NS8’s rapid growth is a testament to the strength of the company’s product and the value NS8 delivers to its customers," said Alex Scherbakovsky, General Partner at AXA Venture Partners and NS8 board member. "We are excited to partner with Adam and the NS8 team to scale the business globally."
Throughout the recent global pandemic, NS8 continues to emerge as the fastest growing industry leader, with year-over-year revenue growth of 200 percent and a dedicated focus on aiding online vendors to make fraud decisions that protect their customers and their bottom line.
"Thanks to this investment from Lightspeed, AXA Venture Partners, and our full backing group, we can continue to scale to meet the growing demand for fraud prevention technology in the global marketplace," said NS8 CEO Adam Rogas. "This partnership positions NS8 to empower even more businesses with enterprise-level fraud defenses, regardless of size or industry."
About NS8
NS8 is a comprehensive fraud prevention platform that combines behavioral analytics, real-time scoring, and global monitoring to help online businesses minimize risk. Its patented scoring technology provides actionable data about the type, quality, and trustworthiness of transactions, which businesses leverage to automate fraud management workflows to suit their individual needs. NS8 is headquartered in Las Vegas, with regional offices located in San Francisco, San Ramon, Miami, Amsterdam, Singapore, and Melbourne. www.ns8.com
Crowell & Moring LLP served as legal counsel to NS8 in the fundraising transaction.
About Lightspeed Venture Partners
Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise and Consumer sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 400 companies globally, including Snap, Nest, Nutanix, AppDynamics, MuleSoft, OYO, Guardant, StitchFix, and GrubHub. Lightspeed and its affiliates currently manage $10.5B across the global Lightspeed platform, with investment professionals and advisors in Silicon Valley, Israel, India, China, Southeast Asia, and Europe. www.lsvp.com
About AXA Venture Partners
AXA Venture Partners (AVP) is a global venture capital firm investing in high-growth, technology-enabled companies. AVP has built, in less than five years, a unique investment platform specialized in tech investments with $800 million of assets under management through three pillars of investment expertise: early stage, growth stage, and fund of funds. To date, AVP has invested in more than 45 companies and more than 15 funds. The AVP team operates globally with offices in San Francisco, New York, London, Paris, and Hong Kong. Beyond investments, AVP provides unique access to business development opportunities helping portfolio companies to scale globally and accelerate their growth. www.axavp.com
LinkedIn: @ns8 Twitter: @ns8inc NS8.com
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Infosys Launches ‘Return to Workplace’ Solutions to Help Enterprises Build Safe, Nurturing and Resilient Workplaces
BENGALURU, India, June 11, 2020 /PRNewswire/ — Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced the launch of its enterprise-grade ‘Return to Workplace’ solutions to help clients ensure safety and wellness of their employees as they adapt to new ways of working amid the COVID-19 pandemic.
The cloud and edge-based solutions offer a comprehensive framework that enables enterprises to implement:
- Elevated Body Temperature (EBT) screening – Leverages automation and AI on Edge to help enterprises screen their workforce or visitors in real-time for possible infection to isolate them and prevent them from entering the establishment.
- Contact Tracing – Redefining the contact tracing category using proven technologies like GPS and BLE (Bluetooth Low Energy) to provide completely voluntary and Opt-In basis for building traceability.
- Mask Compliance / Social Distancing Compliance – Video analytics algorithms to provide alerts when masks are not detected, or the distance between people walking together or gathering at a place is not sufficient. Smart wearables can also be incorporated based on the specific situations.
- COVID-19 Chatbot – An AI-powered Digital Assistant solution to help answer employee queries related to return to work scenarios
- Contactless biometrics – Ensures employees and visitors enter workplaces in a safe manner
- Occupancy and workspace analytics – To help real estate teams track metrics on floor occupancy, density and automate sanitation routines in common areas. Contactless elevator workflows, HVAC refresh cycles and many more solutions towards ongoing workplace wellbeing.
These solutions do not collect any Personally Identifiable Information (PII) and use the power of AI, IOTVision Analytics, Edge Computing, 5G, RFID, Biometrics and Gesture controls to reduce the need for human intervention and enable data-driven decision making. The underlying platform ensures ease of maintenance and compliance reporting as required in various geographies.
Nitesh Bansal, SVP and Head- Engineering Services, Infosys, said, "The future of work will demand innovative solutions that enterprises can deploy rapidly, and at scale to ensure safety of their workforce while at the same time nurture collaboration and productivity. We are pleased to launch our ‘Return to Workplace’ offering that is aimed at positively impacting the re-opening of workspaces in a seamless, automated, and systematic manner. We are implementing some of these solutions, starting with EBT checks, across five million sq. ft. of our own office spaces as we prepare for 20,000 Infosys employees to return to their workplaces in a phased manner. We are confident that these solutions will reassure enterprises and employees that their workplaces are safe, collaborative, yet non-intrusive."
These solutions adhere to data privacy standards and practices with FDA, FCC, ISO, and IEC compliance.
Mukesh Dialani, Program Director of Product Engineering and Operations Technology/Services, IDC, said, "Infosys’ scalable and flexible ‘Return to Workplace’ solution is timely and well thought out. Adhering to data privacy standards and built on a foundation of digital engineering elements including computer vision, edge and AI, it will provide customers with processes and solutions to restart their operations in a safe and resilient manner."
To know more on how ‘Return to Workplace’ solutions came about, and watch Nitesh Bansal tell the story, click here: https://www.infosys.com/newsroom/infytv/making-our-way-back-to-workplace.html
About Infosys Ltd.
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly 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 (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, 2019. 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.