- Infosys to deliver next-generation application and business process 
management services to ArcelorMittal


    Infosys (http://www.infosys.com/) (NYSE: INFY), a global leader in 
next-generation digital services and consulting, today announced a strategic 
long-term collaboration with ArcelorMittal 
(https://corporate.arcelormittal.com/), the world's leading steel and mining 
company. ArcelorMittal has chosen Infosys to help accelerate the company's 
digital transformation journey and enable next-generation application 
management and business process management (BPM) services for ArcelorMittal 
Europe. 

    Through this engagement, Infosys will work with ArcelorMittal Europe, share 
best practices around next-generation application management services to 
optimize, stabilize, and transform ArcelorMittal's IT landscape. Infosys will 
also establish a robust, state-of-the-art Business Process Management (BPM) 
service in ArcelorMittal Europe's Business Center of Excellence (BCoE) shared 
services center. The collaboration will further strengthen Infosys' presence in 
Europe and will enable Infosys to maximise synergies across the ArcelorMittal 
Group worldwide. 

    Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, 
Infosys, said, "The need to accelerate digital transformation has never been 
more urgent in the manufacturing sector. We are pleased to partner with 
ArcelorMittal and help them stay one step ahead of disruption. Leveraging our 
global delivery model, right shoring, and robust BPM offerings, we are 
committed to driving efficiency, bolstering operational excellence, and 
establishing future-ready services in line with ArcelorMittal's growth 
strategies. We look forward to a long, fruitful partnership with the group and 
are excited to help them navigate the next." 

    Commenting on the partnership, Geert Van Poelvoorde, CEO of ArcelorMittal 
Europe, said, "We are delighted to partner with Infosys on our digital 
transformation journey. Infosys not only shares our vision and values but also 
brings agility, delivery excellence, and willingness to walk the extra mile to 
ensure mutual success. We are confident that this collaboration will mean our 
employees and associates are equipped with powerful new tools that enhance our 
competitiveness and fuel our innovation."


    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 over 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 mentioned 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. Such statements 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, and 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.

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   Source: Infosys