United Nations Development Programme Collaborates with Infosys Public Services to Implement Oracle Fusion Cloud Applications Suite
Deployment of state-of-the-art,integrated platform is a key component of UNDP's new digital corporate management system
NEW YORK,March 23,2023 --United Nations Development Programme (UNDP) and Infosys Public Services(IPS),a US-based subsidiary ofglobal next-generation digital services and consulting leader Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY),today announced the successful deployment of UNDP's Quantum Global Digital Management System. Quantum,based on Oracle's Fusion Cloud Applications Suite,provides a unified and seamless platform for all UNDP business functions including human capital management,financials management,supply chain management and enterprise performance management for eight agencies of the United Nations with a user base of over 50,000 across 170 countries.
The new platform replaced all legacy systems,providing a simplified digital landscape with features like Intelligent Dashboards,AI/automation,and many self-service capabilities that transform operations and the way UNDP engages with partners,suppliers and personnel. Quantum's improved data control and high degree of digital end-to end process integration will lead to improved data quality and better decision support systems. In addition,UNDP will benefit from enhanced usability and end user adoption through a modern,multi-lingual and accessible user experience.
UNDP's new digital core,largely enabled by Quantum,is one of the enabling pillars of its digital transformation strategy. This platform delivers improved results tracking,fully integrated risk management capabilities,additional automated controls and a new digital self-service platform for personnel,partners and suppliers. With the new platform,many lower-value tasks have been simplified and automated enabling the organisation to shift its focus to more strategic tasks,resulting in a continued boost in productivity.
Sylvain St-Pierre,Chief Information Officer,UNDP,said,"Digital technology will allow us to rapidly evolve with the ever-changing development needs of people and our planet. Our previous systems were difficult to change and often made it challenging to adapt to changing global development needs and world events. This new digital core represents a quantum leap forward that enables UNDP with a modernized,integrated platform,allowing for truly transformative digital capabilities combined with a first-rate digital user experience. Quantum,our new digital corporate management system implemented with Infosys Public Services,underpins a #FutureSmart UNDP that leaves no one behind."
Steve Miranda,Executive Vice President,Applications Development,Oracle,"With a physical presence in 177 countries around the world,the UN Development Programme operates at massive scale. Using Oracle Fusion Applications for finance,HR,and supply chain will help UNDP to consolidate systems and embrace automation to increase efficiency and ultimately use less resources to deliver more value to its global constituents. We're proud to be working with Infosys Public Services to help UNDP optimize its processes and better deliver on its critical global mission."
Bhanu Prasad Narayana,Interim CEO and AVP,Infosys Public Services,"We have been proud partners of UNDP since 2013 and are thrilled to have the opportunity to move UNDP into the cloud era. Oracle Fusion Applications provide UNDP and its partner agencies with a complete suite of SaaS applications,and we are proud that IPS delivered the program on schedule,with zero disruptions,even amid the pandemic. Our comprehensive Oracle Cloud solutions and capabilities,and the power of Infosys Cobalt offerings are enabling us to accelerate cloud transformation priorities for our public sector clients and help deliver exceptional outcomes."
Quantum aligns with the Digital Strategy of the United NationsDevelopment Programmeand sets the stage for continuous improvements. UNDP and IPS implemented the Quantum system in line with guidance offered through Infosys' Oracle Cloud methodology that has been implemented for several Fortune 500 organizations globally.
To learn more about the project,please visit: https://www.undp.org/quantum
About Infosys Public Services
Infosys Public Services is a leader in next-generation digital services and consulting. With benchmark processes,access to cross-industry insights and innovative public sector solutions,Infosys Public Services is helping public sector organizations to navigate their digital transformation,helping them renew existing systems into modern,agile,intelligent platforms,develop new capabilities and deliver better outcomes to all stakeholders at a lower cost with less risk.
Navigate your next with Infosys Public Services. Visitwww.infosyspublicservices.comto learn how.
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. With over four decades of experience in managing the systems and workings of global enterprises,we expertlysteer clients,in more than 50 countries,as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered 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.comto 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,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 and the US,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 31,2022. These filings are available atwww.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.