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Date
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Announcement
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04-Mar-2021
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Infosys announced that at it would be bringing 500 jobs to Calgary over the next three years, doubling its Canadian
workforce to 4,000 employees by 2023.
Within the last two years, Infosys has created 2,000 jobs across Toronto, Vancouver, Ottawa, and
Montreal, with plans for further expansion across the country. The Calgary expansion will enable Infosys
to scale work with clients in Western Canada, Pacific North West, and the Central United States across
various industries, including natural resources, energy, media, retail, and communications.
The company will hire tech talent from fourteen educational institutions across the country, including the
University of Calgary, University of Alberta, Southern Alberta Institute of Technology, University of British
Columbia, University of Toronto, and Waterloo. Infosys plans to build a strong pipeline to expand the
skills needed to accelerate digital transformation.
Infosys has recently been recognized as a Best Place to Work in Canada - Glassdoor Employees' Choice
Award. Additionally, the company has been certified Global Top Employer by the Top Employers Institute
– the regions covered include all of North America, APAC, and Europe.
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26-Feb-2021
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Infosys announced its commitment to add 300 American workers in Pennsylvania in continuation of its overall hiring plan in the U.S. The company, known for building leading-edge digital capabilities and training the next generation of global talent, will recruit for a range of opportunities across technology and digital services, client administration, and operations as it expands its new Retirement Services Center of Excellence (the Center).
The Center will develop technology solutions and services to help firms capitalize on the opportunities
emerging at the intersection of employee benefits, wealth management, and digital transformation,
beginning with a focus on the employee-sponsored retirement plan experience. The Center was conceived
last year following the partnership forged with Pennsylvania-based investment management firm
Vanguard.
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16-Feb-2021
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Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, the Business Process Management arm of Infosys announced the strategic purchase of a state-of-the-art New Business and Underwriting platform from STEP
Solutions Group LLC to ease the complexity of all types of insurance products such as Life, Annuity, and
Health, for individuals and groups across North America.
STEP Solutions Group LLC is an affiliate of the Dillon Kane Group LLC based in Chicago, Illinois, with a
successful track record in building leading-edge technology solutions in Insurance Underwriting and New
Business. The powerful rule-driven New Business and Automated Underwriting platform from STEP will
help Infosys McCamish in enhancing its industry-leading VPAS® policy administration platform to offer end-to-end business solutions in the North American insurance market.
The platform quotes and recommends products based on the customer's lifestyle, financial state, and
unique requirements, using digital portals and intuitive workbenches that drive business outcomes through
a personalized experience. Integrated intelligent workflow supports full or partial automation of underwriting
cases, which reduces cost and time-to-decision, and greatly speeds up policy issuance and assures
consistent rating. The platform, which supports cloud-native microservices for flexible deployment options,
is also fully integrated with ACORD Industry standards, external origination systems, as well as data and
evidence providers such as MIB (Medical Information Bureau), MVR (Motor Vehicle Report), Rx
(Prescription) and Credit Agencies in compliance with all the relevant state laws and other regulatory bodies
in North America. Once deployed, the platform shortens the time to process a case from days, to a few
hours.
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12-Feb-2021
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Infosys has agreed with ideaForge Technology, leading UAV systems manufacturing company, to invest an additional US$1.0 million (earlier, the Company had invested US$ 1.5 million in 2016)
taking the cumulative investment to US$ 2.5 million as of date), subject to necessary closing conditions.
ideaForge's UAV systems are increasingly being
used across wide spectrum of organizations. Several
customers of Infosys have also embraced UAV
systems as they digitalize rapidly. The investment is
intended to be utilized on R&D, sales, marketing,
business development and working capital needs at
ideaForge. This is expected to enhance joint
capabilities to help our customers better.
Based out of Mumbai, ideaForge is a leading UAV
systems manufacturer known for rugged and highprecision UAV systems. The systems are used
extensively for inspection, surveillance and mapping
with integrated vertical solutions across Defense,
Homeland Security, Mining, Construction,
Agriculture, Energy and Utilities.
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11-Feb-2021
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Infosys, the Australian Open's Official Digital Innovation Partner, this year is applying technology to enhance tennis experiences for those onsite and those unable to attend in person.
Using digital as an equaliser to bridge the physical gap, Infosys and Tennis Australia are opening up new
possibilities by leveraging cloud, AI, 3D virtual experiences and mobility. The innovations are envisioned to
alter the sporting normal well beyond the current Grand Slam and represent a shift towards placing digital
at the core of the tournament to elevate immersion, passion, brilliance and experience for those on court
and across the globe.
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10-Feb-2021
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Infosys announced that it further enhanced its collaboration with
Toyota Material Handling (TMH), a North American leader in material handling innovation, to deliver an
immersive experience to its dealer ecosystem on the Infosys Meridian platform. A part of Infosys
Cobalt, Infosys Meridian enables enterprises to evolve into a remote-first, hyper-productive anywhere
workplace that deepens stakeholder engagement, streamlines work processes and enhances productivity.
Infosys has been collaborating with TMH for about two years in multiple digital transformation initiatives
including its global telematics solution, enterprise data strategy and hyper automation. TMH holds a premier
annual event to engage with its dealer partners. In this event they showcase their existing offerings and
solutions and launch new products. With wide-spread social distancing, it was very challenging for them to
achieve this in an effective manner. TMH partnered with Infosys to host this 4-day event, virtually on the
Infosys platform. Delivering hyper-personalized experiences to dealers from across North America, the
company disseminated information on the latest products and innovations in its forklifts and advanced
logistics solutions. Infosys Meridian's observability and AI virtual assistant capabilities helped Toyota
Material Handling to engage with dealers seamlessly through highly captivating and experiential virtual
events.
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08-Feb-2021
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Infosys announced a strategic collaboration with Spirit
AeroSystems, a leading aero structures manufacturer. Spirit has chosen Infosys as its lead technology
integration partner to help drive and set up the end-to-end applications and infrastructure integration of a
few of Bombardier's former aerostructures and aftermarket services assets, which have been recently
acquired by Spirit. As the exclusive IT partner, Infosys will leverage its system integration expertise,
ecosystem partners, and extensive knowledge of the aviation sector to develop a robust IT framework,
which will be built on infrastructure solutions powered by Infosys Cobalt.
Seamless IT integration is imperative for successful mergers and acquisitions. The partnership will enable
Spirit AeroSystems to empower stakeholders by transforming business applications and facilitating agile,
resilient operations on the cloud.
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29-Jan-2021
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Infosys has been recognized by the Top Employers Institute as a Top Employer 2021,
across Europe, Middle East, Asia Pacific and North America in recognition of its excellence in employment
practices.
Infosys has been recognized with the Top Employer Global certification across the following regions:
1. North America – USA, Canada, Mexico
2. Asia Pacific – India, Singapore, Australia, New Zealand and Japan
3. Middle East – UAE, Bahrain & Oman
4. Europe – Belgium, Netherlands, Germany, Sweden, Switzerland, Romania, France, Ireland and
the United Kingdom
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28-Jan-2021
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Infosys has achieved Elite Status in the Snowflake Partner Network. Along
with Snowflake, the Data Cloud company, Infosys will offer transformational solutions for enterprises,
built on Snowflake's Data Cloud, which include a hyper data economy for enterprises, proven industry and
business solutions and managed cloud consumption solutions from the Infosys Cobalt portfolio.
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27-Jan-2021
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Infosys has been recognized as the fastest growing among the top ten
IT services brands, by Brand Finance, the world's leading brand valuation firm, in its Global 500 2021 report.
The brand valuation summarizes three years of significant brand growth for Infosys, marked by over 29%
increase in its brand value over three years, bringing it to $8.4bn in the 2021 ranking, and positioning it
among the Top 5 brands in IT services globally throughout this period.
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