Infosys (NYSE: INFY) Announces Results for the Quarter and Year Ended March 31, 2015 (2)

Infosys Information Platform (IIP) has seen increased traction in the market. IIP demonstrates our ability to create state-of-the-art platforms by bringing together domain expertise, learnability, the open source ecosystem, and a highly motivated team.

- Syngenta, a world leader in agribusiness, had application performance
challenges in their Management Reporting Solution due to large volume of data. Infosys
did a Proof of Concept with using the Infosys Information Platform to improve the
performance of Management Reporting solution. The IIP could inject 19 Million records
in 6 minutes compared to more than 1 hour for injecting half a million records.
Similarly IIP could do report/dashboard navigation in less than 5 seconds as against
more than a minute in the current platform.
- Syngenta, has leveraged the Infosys Automation platform to automate SAP user
authorization requests, thereby saving $ 1 million per year on IT operations costs.
Additionally, this has improved user productivity through speedy closure of
authorization requests.
- The Hershey Company, a global confectionery leader, engaged us as a strategic
partner for consulting and technology services. The company selected Infosys
Information Platform (IIP) to turn diverse data into knowledge and insights as it
places consumer, customer, market, and industry understanding at the center of its
decisions.

Carlos E. Amesquita, Chief Information Officer, The Hershey Company, said, "At its heart, Hershey is a knowledge company. Infosys and its new IIP platform bring enhanced capabilities and speed to ingest diverse data sets, harmonize and link them together to transform disparate data into actionable knowledge and insights."

Finacle

Finacle(TM) sustained its business momentum with 23 wins and 11 go-lives this quarter. Discover Financial Services, a leading U.S. direct bank and payment services company, which engaged Finacle last year, won the Celent Model Bank award for its core banking transformation program. During the quarter, an independent assessment of the top 1,000 world banks, revealed that banks powered by Finacle enjoy 50 percent higher return on assets, 30 percent higher return on capital, and 8.1 percent lesser cost to income than others. The research was conducted by Feedback Business Consulting based on the data published by 'The Banker' for top 1000 world banks[1].

- Qantas Credit Union was a significant win for Finacle this quarter in the
Australian market. Commenting on the engagement, Scott King, Chief Executive Officer,
Qantas Credit Union said, "Digitization is changing the banking environment rapidly.
To effectively compete and keep pace with the evolving demand of our members, we need
to transform our technology and operations. After many months on rigorous evaluation,
we have partnered with Infosys. I am confident that Infosys with its globally
successful Finacle platform will create the foundation for our future success and will
help us deliver best-in-class banking services to our members."

[1]The Banker Top 1000 world banks -http://www.thebanker.com/Top-1000-World-Banks

EdgeVerve

EdgeVerve has seen growth both in terms of revenue and client base. We had 12 wins and three client go-lives in the quarter.

- Syngenta went live with TradeEdge Dealer Management System to manage
distributors in two states in India. This will be rolled out to distributors across
other states next year.
- Two marquee U.S. financial services giants selected our CreditFinanceEdge to
support parts of their global portfolios. A large U.S. telecommunication company
increased its AssistEdge footprint and took another step towards transforming its
customer contact centers, improving customer experience and reducing customer service
costs. AssistEdge is also being used for robotic process automation to enhance the
order management process for a high-tech industry client.

Acquisitions, Investments and Partnerships

- This quarter, we completed the acquisition of Panaya, a leading provider
of automation technology. Panaya's CloudQuality(TM) suite will enable us to leverage
automation for several of our service lines through an agile SaaS model, and help
mitigate risk, reduce costs and decrease time-to-market for clients.
- We have entered into a definitive agreement to acquire Kallidus Inc. (d.b.a
Skava) and its affiliate, a leading provider of digital experience solutions,
including mobile commerce and in-store shopping experiences to large retail clients.
This acquisition is an all-cash deal for a total consideration of $120 million
including retention bonus and a deferred component. Skava delivers a cloud hosted
platform for mobile websites, apps, and other digital shopping experiences across
mobile, tablet, desktop, in-store, and all emerging channels to large retail clients
worldwide. The platform enables retailers to provide a mobile specific experience to
their customers through an agile and flexible environment, enabling personalization
and delivering customer analytics across multiple channels.
- We also entered into a definitive agreement for an early-stage investment of $
2 million in Airviz, to acquire a minority share. Airviz is a personal air quality
monitoring startup and spinout from Carnegie Mellon University. This investment was
made out of the $ 500 million Innovation Fund earmarked for investments in disruptive
new technologies, and positions us as a driving force in the fast-growing personal
health monitoring market with a big data solution that provides indoor air pollution
sensing and visualization. Airviz Speck, an affordable, fine particulate monitor,
which uses patent-pending technology from Carnegie Mellon University, can empower
individuals and communities to understand and identify health hazards related to air
quality.
- Our strategic endeavor to inject the design thinking philosophy across the
organization continues. Till date, more than 25,000 employees across the company have
been trained in design thinking. We have also established a design thinking training
course for new joiners at the Infosys Global Education Center in Mysore. More than
22,000 trainees are expected to undergo this training in FY16. An important aspiration
is to extend this strategic capability with our clients. This quarter we have
successfully conducted more than 20 design thinking engagements with our clients and
the feedback from them has been very encouraging.

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