Infosys Ltd.

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Large Cap | IT - Software
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Infosys inks MoU with State of Israel

Date: 14-06-2012

IT major Infosys, with a view to establish and enhance cooperation in industrial research and development, has inked a memorandum of understanding (MoU) with the State of Israel. This MoU is a part of the' Global Enterprise Collaboration Program' developed by the Office of the Chief Scientist of Israel to Accelerate innovation through a global ecosystem. The MoU creates a framework for industrial cooperation between Infosys and Israeli corporations in the Emerging technology areas of cloud, Information security, sensors, analytics, and sustainability.

Infosys will bring valuable insight in defining pertinent challenges and solutions across various industries. The software major will be able to do so on back of a strong global client base across industry segment and proven expertise in driving Innovation led growth for businesses.

Infosys labs, the research and innovation arm of Infosys drives research across the 'Building Tomorrow's Enterprise' mega trends that have the potential to transform client business. Committed to the principle of 'Innovation Co-creation', Infosys Labs strengthens its existing Innovation ecosystem of clients, partners and industry consortia through this MoU.