Infosys Collaborates with Sector Alarm to Fuel Growth through Cloud-based Microsoft Dynamics ERP
Leading European security provider to leverage Infosys Cobalt to modernize core systems across eight countries
BENGALURU, India, July 9, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic five-year collaboration with Sector Alarm, one of Europe's leading providers in security, who are partially owned by global investment firm KKR, to transform their core enterprise business systems on the cloud. Through this collaboration, Infosys will work closely with Sector Alarm to migrate their disparate, on-premises Enterprise Resource Planning (ERP) platform onto Microsoft Dynamics 365 Finance and Operations (F&O), helping them modernize their financial and business operating models. Capitalizing on Infosys' digital transformation capabilities, the Microsoft platform will enable Sector Alarm to streamline finances, gain business insights, and help seamlessly integrate with their existing CRM platform.
Infosys was chosen by Sector Alarm for its proven track record in the Nordics region, experience with PE customers, deep domain expertise in cloud-powered ERP transformation, and next-gen Application Management Services (AMS). By leveraging the power of Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, the Microsoft Dynamics 365 F&O will also help Sector Alarm to streamline business processes, enable higher customer retention and acquisition, improve customer experience, protect employee experience, and reduce Total Cost of Ownership of new systems. The Microsoft Dynamics 365 F&O implementation will take place in a phased manner across eight European countries, including Norway, Sweden, Finland, Italy, and France.
Lorenzo Bianchi, Chief Digital Transformation Officer, Sector Alarm, said, "At Sector Alarm, we are committed to continuous growth and to providing exceptional security solutions to our customers. Partnering with Infosys on implementing cloud-based ERP solutions, coupled with their strong collaboration with Microsoft, is a strategic step towards achieving this goal. Infosys' expertise will give us the scalability and operational efficiency needed to seamlessly scale our business and reach new heights."
Jasmeet Singh, EVP and Global Head of Manufacturing, Infosys, said, "This collaboration with Sector Alarm is a testament to Infosys' expertise in driving digital transformation for high-growth organizations. By leveraging cloud-based ERP and CRM solutions and our long-term partnership with Microsoft, we are looking forward to empowering Sector Alarm with a robust IT platform to achieve their ambitious growth. With this key win, we are well poised to establish ourselves as a trusted partner in the European security systems market."
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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