This multi-year technology association will provide racing insights, fan engagement and sustainability solutions for the world’s first fully electric motorsport.
BENGALURU, India, May 9, 2024 /CNW/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a three-year strategic partnership with the ABB FIA Formula E World Championship, the world motorsport championship for electric cars, as an official digital innovation partner. Through this collaboration, Infosys will provide in-race analytics, unlock fan engagement experiences and improve sustainability reporting and tracking for the Formula E championship.
The partnership between Infosys and Formula E will focus on three main areas: fan growth, technological innovation and ongoing environmental management.
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Creation of a new fan customer data platform: With a goal of engaging 500 million fans by 2030, Infosys will help create an AI-powered fan customer data platform for Formula E to unlock deep fan engagement and marketing opportunities. personalization, allowing Formula E to better serve its growing global fan base.
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Race information and driver statistics: Benefit Infosys Topaza suite of AI-driven offerings using generative AI technologies, the collaboration aims to provide real-time insights and driver statistics during races, improving the overall viewing experience for fans.
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An improved sustainability data management tool: Aiming to play a central role in supporting Formula E’s 45% carbon emissions reduction target by 2030, Infosys will work to transform the sport’s carbon reporting capabilities using the AI to improve the accuracy, reliability and traceability of data collection and setting new standards. in the championship’s sustainability ratings.
Jeff Dodds, CEO of Formula E, said: “Infosys’ expertise in cutting-edge technologies makes them the ideal partner to help us shape the future of electric motorsport. We are excited to work with them to deliver exceptional experiences for our global fans and further strengthen Formula E’s position as a leader. leader in sustainable and digitally driven sport. Infosys’ commitment to sustainability and innovation aligns perfectly with our vision, and we are confident that this collaboration will break new ground in our key focus areas.
Sumit Virmaniexecutive vice president and head of global marketing, Infosys, said, “Infosys has built and nurtured several strategic sports collaborations globally. We are now delighted to partner with Formula E, a visionary motorsport series, which shares our passion for sustainability and AI-driven innovation. and analytical prowess, enhancing the fan experience, while enhancing Formula E’s sustainability goals. Together, we aim to redefine the possibilities of electric motorsport.
As a brand, Infosys has been successfully associated with the global tennis ecosystem for the past nine years through strong partnerships with the French Open, the Australian Open, the ATP and the International Tennis Hall of Fame. Additionally, we continue to accelerate brand momentum through our collaboration with Madison Square Garden, including MSG’s premier properties, the New York Knicks, New York Rangers and Madison Square Garden Arena. Through all these partnerships, Infosys has successfully demonstrated how it realizes the benefits of AI in sports.
About Formula E and the ABB FIA Formula E World Championship
As the world’s first all-electric FIA World Championship and the only zero-carbon certified sport since its inception, the ABB FIA Formula E World Championship brings spectacular racing to the heart of some of the world’s most iconic cities, offering an elite motorsport platform for the entire world. leading automakers to accelerate electric vehicle innovation.
Formula E’s network of teams, manufacturers, partners, broadcasters and host cities is united by a passion for the sport and the belief in its potential to accelerate sustainable human progress and create a better future for people and the planet.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. More than 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable our customers in over 56 countries to navigate their digital transformation. With more than four decades of experience managing the systems and operations of global businesses, we expertly support our clients in their digital transformation powered by cloud and AI. We provide them with an AI-driven core, enable the enterprise for agile digital at scale, and drive continuous improvement through continuous learning through the transfer of skills, expertise, and ideas digital technologies of our innovation ecosystem. We are deeply committed to being a well-governed, environmentally responsible organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your business navigate the next stage.
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Certain statements in this release regarding our future growth prospects, or 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 to differ materially from those contained in these forward-looking statements. Risks and uncertainties relating to these statements include, without limitation, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to a hybrid work model, uncertainties economics, technological innovations such as Generative AI, the complex and evolving regulatory landscape, including changes to immigration regulations, our ESG vision, our capital allocation policy and our expectations regarding our position on the market, our future operations, our margins, our profitability, our liquidity, our capital resources, our securities transactions, including acquisitions, and cybersecurity matters. Important factors that could cause actual results to differ from those implied by the forward-looking statements are discussed more fully in our filings with the United States Securities and Exchange Commission, including our Annual Report on Form 20- F for the closed financial year. March 31, 2023. These deposits are available on 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 in our reports to shareholders. The Company undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the Company, except as required by law.
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