- Part of Infosys Cobalt, the suite powers Infosys Modernization Services to 
help enterprises reimagine legacy and succeed

    Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader in 
next-generation digital services and consulting, today announced the launch of 
the Infosys Modernization Suite, part of Infosys Cobalt 
[https://www.infosys.com/services/cloud-cobalt.html], to help organizations 
accelerate their end to end modernization needs. Infosys Modernization Suite 
helps enterprises modernize legacy while delivering superior customer 
experiences, faster time to market, infinite elasticity, and cost reduction, to 
help enterprises become resilient, responsive, and relevant.  

Shaji Mathew, Executive Vice President, Infosys, said, "The Infosys 
Modernization Suite, with over 40 modernization services, offers the perfect 
solution to organizations which need to modernize their legacy systems. Backed 
by experienced consultants, a rich talent pool, an extensive ecosystem of over 
50 partners, and global modernization implementations for over 600 customers, 
Infosys is able to successfully catalyse the modernization journey for its 
clients."

    A recent Infosys study 
[https://www.infosys.com/navigate-your-next/research/digital-radar-report.html] 
highlighted legacy modernization as one of the top barriers for digital 
transformation. The Infosys Modernization Suite is a one-stop solution that 
helps enterprises reduce development efforts by up to 40 percent, 
time-to-market by 20-40 percent, and modernization costs by 15-30 percent, all 
through Infosys' proprietary tools. The Suite comprises five integrated 
platforms that support multiple application modernization patterns through a 
cloud native development platform, a cloud migration platform, a mainframe 
modernization platform, a technology migration platform, and a database 
migration platform.

    Key features of the Infosys Modernization Suite are:
        1.	Comprehensiveness – One-stop solution covering a wide range of 
modernization patterns and technologies 
        2.	Agility – Reduces time-to-market by bootstrapping projects with 
integrated and automated end-to-end workflows 
        3.	Efficiency – Optimizes modernization costs by significantly boosting 
productivity across the lifecycle
     	
    As part of Kmart Australia's plan to rebuild or replace the mainframe 
applications, it first virtualized the mainframe to run on the AWS cloud and 
used the freed up capacity to modernize its core merchandising system. 
According to Kevin Love, General Manager, Products Technology, "We believe we 
are one of the first retailers globally to migrate mainframe applications to 
the cloud 100 percent remotely. With the agility of a cloud platform, we are in 
a prime position to innovate and optimize customer experiences, rapidly and at 
scale. I am happy to say that Infosys has been a true partner in our 
modernization journey by bringing in automation tools from its modernization 
suite and a great team of mainframe, cloud modernization experts."

    It was imperative for E.ON UK to modernize their legacy systems in order to 
support the newly acquired customer base effectively while lowering costs, 
increasing speed of product releases, and adding rich customer experience. 
Justin Miller, Chief Technology Officer, E.ON UK said, "Infosys de-risked our 
modernization journey by doing an early techno-commercial validation, bringing 
in the right partners through a single commercial interface and accelerating 
the time-to-market, using their Infosys modernization suite."

    To learn more about Infosys Modernization Suite and Modernization Services, 
please visit:
      1.	Infosys Modernization Suite  [ 
https://www.infosys.com/services/application-modernization/offerings/modernization-suite.html] 

      2.	Modernization Services 
[https://www.infosys.com/services/application-modernization.html] 

    About Infosys

    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, 2020. 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.

    Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg 

    Source: Infosys