The global internship program provides
students with enriching experiences, both professionally and
personally
BENGALURU, India, Nov. 21, 2022 /PRNewswire/ -- Infosys (NSE:
INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation
digital services and consulting, today announced that InStep, the
company's flagship global internship program, has been awarded the
title of 'Best Overall Internship Program' in the 2023 Vault
Internship Rankings. This is the fifth consecutive year that InStep
has received this top honor, which was published by career
intelligence organization Vault Firsthand. This year the
internships were conducted for 285 interns from different academic
backgrounds, representing 143 universities and 34
nationalities.
The rankings are based on responses from over 10,000
participants across 139 programs globally. InStep earned the top
rank in all the subcategories:
- 100 Best Internships
- Best internship for the Tech & Engineering industry
- Best Internship for Compensation, Employment Prospects, Quality
of Assignments, Quality of Life, Real-Life Experience, Overall
Career Development, Networking Opportunities, and Training &
Mentoring
- Best Internship by role for Information Technology, Software
Engineering & Development, Strategy & Business Development,
and Data Analytics
- Best Internship for Overall Diversity, Diversity for women,
Diversity for LGBTQ+ Individuals, and Racial & Ethnic
Diversity
InStep is a global, fully paid, flagship internship program of
Infosys that has been around for over 22 years. It has facilitated
over 3,000 interns representing more than 200 universities and 50
nationalities. InStep provides its interns with the means to work
on real-time projects throughout corporate functions and business
units, including strategic engineering group, artificial
intelligence, cybersecurity, corporate strategy, data analytics,
sustainability, alliances, utilities, financial services, and
marketing. Additionally, the program offers a well-defined career
progression plan - last year over 70 percent of eligible interns
received full-time offers.
Sumit Virmani, Executive Vice
President and Chief Marketing Officer, Infosys, said, "Since
its inception, InStep has strived to nurture young talent and
enable great minds to make use of their skills in real-time by
means of guidance, exposure, and learning. This recognition brings
with it hope for us to continue along our path with even more
enthusiasm. As InStep continues to grow, we aim at providing
interns an environment conducive to growth, the best working
experience, and enabling them to participate in building a better
future for all."
"King's College London is very proud of our partnership with
Infosys, which has spanned several years, and I was delighted to
visit the Infosys Bengaluru campus in April this year alongside
senior colleagues from King's. Over 50 of our students have
completed the Infosys InStep program over the years, providing them
with a truly unique internship experience and fantastic
opportunities for professional and personal development. I'd like
to congratulate Infosys InStep on this brilliant achievement and
wish them many more years of continued excellence," said,
Professor Shitij Kapur, President
and Principal, King's College London.
Professor Garud Iyengar, Senior Vice Dean for Research and
Academic Programs, Columbia Engineering, Columbia University, said, "Infosys and
Columbia Engineering have had an extraordinary relationship driven
by the InStep internship program, an initiative that provides
students with professionally and personally enriching experiences.
Interns in the program are engaged in real-time projects in the
areas of technology like AI, ML, Cybersecurity, UI/UX, and
Metaverse. Students work alongside cross-functional teams with
professionals from diverse backgrounds, gaining industry exposure
that will help them to chart a rewarding career path. We look
forward to many more years of collaboration with Infosys."
Professor Pamela Hinds,
Faculty Director of Stanford Global Engineering Programs,
Stanford University, said, "Infosys
has been an exceptional partner in providing internships for
Stanford engineering students. Our
students report having a life-changing experience. They are
welcomed and integrated into the organization, provided challenging
opportunities in which they can contribute and grow, paired with
mentors who provide guidance but also encourage pushing boundaries,
and exposed to unforgettable cultural experiences. We look forward
to continuing to work with Infosys to provide these enriching
opportunities for our students."
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses,
and communities. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, in more than 50 countries, as they navigate their digital
transformation powered by the cloud. We enable them with an
AI-powered core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
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 and the US, 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, 2022.
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.
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