AGUADILLA, Puerto Rico and BANGALORE, India, June 27,
2024 /PRNewswire/ -- Infosys BPM, the business
process management arm of Infosys (NSE: INFY) (BSE: INFY)
(NYSE:INFY), is pleased to announce the inauguration of its second
facility at the Montana Industrial Park in Aguadilla, Puerto Rico. This new facility benefits from
an investment of US$200,000 and
support from the Puerto Rico Economic Incentive Fund, allocated by
the Department of Economic Development and Commerce (DDEC). The
expansion will generate 325 new jobs that will be added to the
current workforce of 300 workers.
The new office will enable Infosys BPM to expand its capacity to
serve more clients in the aerospace, healthcare, insurance,
financial services, and telecommunications industries. This will
create employment opportunities for local talent skilled in
knowledge-based data processing and customer service, contributing
significantly to the economy of the northwest region of the
Island.
The Hon. Secretary of the DDEC, Manuel Cidre, highlighting the growth
potential of the company expanding in Puerto Rico, said, "This second Infosys center
will continue to provide services to local and global clients in
the United States, Europe, the Middle
East, and Africa, with
highly qualified professionals who work at the forefront of
innovation and technology. It is another step forward towards
accelerating growth across industries in Puerto Rico, which will strengthen its
position in the global market."
Hon. Julio Roldan Concepcion,
Mayor of Aguadilla, added, "We are delighted to continue to
host Infosys BPM and are confident that this new facility will
contribute significantly to the local economy. Infosys BPM has
always added value to Aguadilla's economic landscape."
Reaffirming the company's commitment to enhancing operational
efficiencies, driving greater productivity, and providing
exceptional value to its clients, Anantha Radhakrishnan, CEO
& Managing Director, Infosys BPM, said, "Our expanded
new facility in Puerto Rico is
another significant step towards accelerating innovation for global
companies, as Infosys BPM continues to be laser-focused on
providing value from great processes and compelling experiences. We
appreciate the immense support given to us by local policy makers
to accelerate our vision for shared progress."
About Infosys BPM
Infosys BPM Limited, a wholly owned subsidiary of Infosys
Limited (NSE, BSE, NYSE: INFY), was established in April 2002. We offer integrated end-to-end
transformative business process management (BPM) services and have
journeyed through the table stakes of effectiveness and efficiency
with an ever-increasing focus on enhancing stakeholder experience
and empathy. We enable clients to navigate their digital journey,
operating from 45 delivery centres across 16 countries, with over
57,500 people from 111 nationalities.
Visit www.infosysbpm.com to learn how Infosys BPM can help
your enterprise navigate your next.
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. We enable clients in more than 56 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer clients, as they navigate their
digital transformation powered by cloud and AI. We enable them with
an AI-first 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, or our future financial or operating performance, 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 or outcomes 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 the execution of our business strategy,
increased competition for talent, our ability to attract and retain
personnel, increase in wages, investments to reskill our employees,
our ability to effectively implement a hybrid work model, economic
uncertainties and geo-political situations, technological
disruptions and innovations such as Generative AI, the complex and
evolving regulatory landscape including immigration regulation
changes, our ESG vision, our capital allocation policy and
expectations concerning our market position, future operations,
margins, profitability, liquidity, capital resources, our corporate
actions including acquisitions, and cybersecurity matters.
Important factors that may cause actual results or outcomes to
differ from those implied by the forward-looking statements are
discussed in more detail in our US Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the
fiscal year ended March 31, 2024.
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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SOURCE Infosys