EdgeVerve Systems [https://www.edgeverve.com/] a subsidiary of Infosys 
[https://www.infosys.com/] (NYSE: INFY), unveiled AssistEdge RPA 18.0 which 
aims to fundamentally transform process automation by fostering a new 
human-digital workforce.

    Logo: https://mma.prnewswire.com/media/847965/EdgeVerve_Infosys_Logo.jpg

    Given the imperative to remain customer-centric and competitive, 
enterprises must offer differentiated offerings and be extremely responsive to 
customer requirements by being agile, hyper-productive, consistent and 
scalable. The seamless unification of human and digital workers, which we call 
as Automation singularity can be a powerful force in enabling this change. In 
this world of Automation Singularity 
[https://www.edgeverve.com/assistedge/assistedge-rpa-18-0/?cmpid=PressRelease__0
80619&source=Digital&subsource=PressRelease], human specialists will drive 
customer orientation using their creativity and
empathy, and will be complemented by digital workers with extreme productivity 
and consistency.

    Albie, the cognitive engine powering AssistEdge RPA 18.0 
[https://www.edgeverve.com/assistedge/assistedge-rpa-18-0/?cmpid=PressRelease__0
80619&source=Digital&subsource=PressRelease] is a major advancement that 
seamlessly delivers pervasive intelligence across process design, management 
and execution that will help organizations achieve greater automation coverage 
in their systems and processes. By harnessing the 'Human-Digital Twin' unifying 
assisted and unassisted automation, Albie helps organizations utilize 
contextual intelligence and drive smartness into exception management with 
business intelligence dashboards, cognitive services on tap, predictive 
resource management and expanded technology automation footprint.

    Ray Wang, Principal Analyst and Founder of Constellation Research, Inc. 
said, "The evolution of RPA has evolved from automation to cognitive driven, 
contextually intelligent automation. In that shift, organizations now expect 
greater augmentation of work for the human and digital worker with enterprise 
grade security as more and more systems are included, and greater precision is 
required."

    The AssistEdge Intelligent RPA is built on strong innovation using 18 
patent assets around critical dimensions of bot orchestration, performance 
prediction, deployment and AI. Albie pushes the automation frontier to 95% for 
tasks involving human discretion and enables optimized bot utilization and 
management, providing greater reliability in process execution.

    Atul Soneja, SVP and Global Head of Edge Products and Infosys Nia, said, 
"AssistEdge 18.0 is a significant step towards our vision of Automation 
Singularity. Powered by Albie, organizations will be able to seamlessly 
integrate human specialists with digital bots to create more scalable and 
secure process automation. Organizations will see an improved bottom line, 
enhanced customer experience and enterprise agility at every level."

    EdgeVerve Systems Ltd. 
    EdgeVerve Systems, a wholly owned subsidiary of Infosys, develops 
innovative software products and offers them on premise or as cloud-hosted 
business platforms. Our products help businesses develop deeper connections 
with stakeholders, power continuous innovation and accelerate growth in the 
digital world. We power our clients' growth in rapidly evolving areas like 
banking, interactive commerce, distributive trade, customer service and 
enterprise buying and help them navigate their digital journey with our AI 
enabled Automation and Business Solutions.

    At EdgeVerve, we are making constant strides towards transforming 
enterprises by providing AI enabled Business Applications, leveraging the 
Infosys Nia(TM) Platform with capabilities across the Automation continuum. 
Today EdgeVerve products are used by global corporations across financial 
services, insurance, retail and CPG, life sciences, manufacturing and telecom.

    To know more, visit www.edgeverve.com [http://www.edgeverve.com/]

    About Infosys

    Infosys is a global leader in next-generation digital services and 
consulting. We enable clients in 45 countries to navigate their digital 
transformation. With over three 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 [http://www.infosys.com/] to see how Infosys (NYSE: 
INFY) can help your enterprise navigate your next.

    Safe Harbor

    Certain statements mentioned in this release concerning our future growth 
prospects are forward-looking statements regarding our future business 
expectations 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 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, and 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry. 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.

Source: EdgeVerve