To help unify Kardex's ERP system in over 30
countries leveraging Infosys Cobalt
BENGALURU, India, Dec. 4, 2024
/PRNewswire/ -- Infosys (NSE: INFY) (BSE:
INFY) (NYSE: INFY), a global leader in next-generation
digital services and consulting, today announced a strategic
collaboration with Kardex, a leading global provider of
intralogistics solutions, including automated storage solutions and
material handling systems, to transform its business operations
using SAP S/4HANA. Leveraging Infosys Cobalt, a set of services,
solutions and platforms for enterprises to accelerate their cloud
journey, Infosys will help Kardex unify its ERP system in over 30
countries, boost operational efficiency, and scalability.
Infosys was selected by Kardex for its extensive experience in
executing large-scale digital transformation projects with SAP
S/4HANA and its deep expertise in the manufacturing and logistics
sectors. As part of this engagement, Infosys will help Kardex
harmonize and standardize its business processes to drive
productivity, flexibility, and improved decision making. To ensure
seamless data transfer, minimize downtime and maintain data
integrity, Infosys is leveraging its own tools, including Infosys
Data Services Suite (iDSS), a data management solution that
helps in end-to-end data life cycle automation. As a part of the
engagement, Infosys aims to create a unified system for Kardex, to
equip them with real-time insights, enhanced customer experience,
and a strong foundation for growth.
Thomas Reist, Chief Financial
Officer of Kardex, said, "Our mission is to empower our
customers to optimize their intralogistics operations, enhancing
efficiency, agility, and overall success. By continually evolving
our solutions and adapting to changing market demands, we aim to be
the trusted partner of choice for companies seeking to boost their
productivity. We are confident that our partnership with Infosys
will propel us forward. With their extensive expertise in process
transformation, supported by SAP solutions, and a proven track
record of successful implementations, Infosys is the ideal partner
to help us achieve our strategic objectives. We look forward to
this collaboration as a means to advance our growth and further
strengthen our position as a market leader."
Jasmeet Singh, Executive Vice
President and Global Head of Manufacturing, Infosys, said, "The
manufacturing and logistics industry is undergoing rapid digital
transformation. Infosys is delighted to join forces with Kardex in
this journey and help them leverage cutting-edge technologies like
SAP S/4HANA to optimize their supply chain, enhance operational
efficiency, and drive innovation. We are confident that our
data-centric, cloud-first approach will ensure a seamless
transition and unlock the full potential of digital
transformation."
About Kardex
Kardex is a leading global partner for intralogistics solutions
in an attractive and growing market. The group offers premium
automated products, standardized systems and lifecycle services
that guarantee high availability and low total cost of ownership.
Kardex provides an intelligent entry into automation with its
dynamic storage and retrieval systems, offers integrated material
handling systems, small parts storage systems and automated
high-bay warehouses and acts as a global AutoStore™ partner,
offering flexible and modular storage and order fulfillment
solutions. The group employs around 2,500 people in over 30
countries. Kardex Holding AG has been listed on the SIX Swiss
Exchange since 1989. Read more: https://www.kardex.com/en/
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. We enable clients in more than 56 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer clients, as they navigate their
digital transformation powered by cloud and AI. We enable them with
an AI-first core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE,
NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our 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 or outcomes 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 the execution of our business strategy,
increased competition for talent, our ability to attract and retain
personnel, increase in wages, investments to reskill our employees,
our ability to effectively implement a hybrid work model, economic
uncertainties and geo-political situations, technological
disruptions and innovations such as Generative AI, the complex and
evolving regulatory landscape including immigration regulation
changes, our ESG vision, our capital allocation policy and
expectations concerning our market position, future operations,
margins, profitability, liquidity, capital resources, our corporate
actions including acquisitions, and cybersecurity matters.
Important factors that may cause actual results or outcomes to
differ from those implied by the forward-looking statements are
discussed in more detail in our US Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the
fiscal year ended March 31, 2024.
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
