Infosys Launches ‘Summer of Ideas’, an Online Learning Initiative

Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced the launch of the ‘Summer of Ideas’ initiative to redefine the learning experience for university students worldwide. This global eight-week ideathon, powered by Infosys’ digital learning platform Wingspan, will help the global student and academic community overcome the loss of learning opportunities as a result of the disruption caused by COVID-19.

This initiative will allow students access to Infosys mentorship and specially curated learning materials virtually. The program will induct nearly 2000 participants, divided into teams of five that will shape their ideas based on 10 themes related to emerging technologies. In addition to getting their ideas consulted and refined by Infosys mentors, renowned professors, and technology thought leaders, the students will have the opportunity to showcase these ideas to industry experts. Through this initiative, Infosys Wingspan will provide a unique online learning experience for thousands of students, during these unprecedented times.

Infosys’ next-generation digital learning platform, Wingspan, will enable students to define their learning roadmap choosing courses from a content library, curated carefully by subject matter experts and educators. The platform will also allow students to network with each other, collaborate with teams across geographies and share ideas using various digital tools, ensuring a rich learning experience.

Pravin Rao, Chief Operating Officer, Infosys, said, “According to estimates by UNESCO, COVID-19 has affected nearly 1.2 billion students and youth globally. The Infosys Summer of Ideas will deliver a purposeful summer learning opportunity for students impacted by this pandemic. Infosys has always believed in lifelong learning as a key strategy pillar for our employees as well as our partner universe. Today over 200,000 of our employees use our in-house digital learning platform to reskill and up-skill themselves, and we are confident that Infosys Wingspan will empower students with a great user experience, as well as skills that will be even more relevant in the post-COVID world.”

Professor Gonzalo Garland Hilbck, Executive Vice President, Strategic Partnerships, IE University said, “Infosys and IE University have been partners in academic endeavors for a long time now and we are excited to be a partner in the Infosys Summer of Ideas initiative. Not only will this help our students, but also thousands of students globally, giving them a great opportunity to spend their summer in a valuable learning environment.”

Thomas Finholt, Dean, University of Michigan, School of Information said, “As the relationship continues to grow between UM's School of Information and Infosys, the Infosys Summer of Ideas program offers our students engaged learning experiences that enhance their classroom education and help prepare them to be leading information professionals. Students will have the opportunity to engage with students from other universities around the globe and enhance their skill sets by generating new ideas and working through the challenges to act upon them.”

Dr. Mathew J. Palakal, Senior Executive Associate Dean, Indiana University, said, “I am very excited about Infosys Summer of Ideas, and even more pleased to see the program is specifically designed to bring together students from global universities in a collaborative environment. At the School of Informatics and Computing at IUPUI, we are committed to delivering a highly practical education alongside cutting-edge research, and Infosys Summer of Ideas is an incredible opportunity to learn and collaborate in the global marketplace.”

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (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, 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, 2019. 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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