Infosys to Transform K+S' Infrastructure to NextGen Agile and Flexible Hybrid Cloud
Summary
KASSEL, Germany and BANGALORE, India, March 3, 2020 /PRNewswire/ -- Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic long term partnership with K+S AG, worlds largest salt manufacturer and Europes biggest supplier of Potash, to support its Shaping 2030 Strategy - by preparing an agile and flexible IT infrastructure foundation to enable their digital roadmap. Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys, said, "We are excited to be working with K+S AG as a strategic partner to drive their IT infrastructure transformation and support programs. Dr. Berthold Kröger, Head of IT, K+S, said, "At K+S, were excited to work with Infosys to accomplish our key business goals, transform the current IT infrastructure, and future-proof our digital workplace. 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, 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, 2019.
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