23.03.2023,
8665 Zeichen
New York (ots/PRNewswire) - Deployment of state-of-the-art,
integrated platform is a key component of UNDP's new digital
corporate management system
United Nations Development Programme (UNDP) and Infosys Public
Services (IPS), a US-based subsidiary of global 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, said, "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,
said, "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 Nations
Development Programme and 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. Visit
www.infosyspublicservices.com to 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 expertly steer
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.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, 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 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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