Infosys sign MoU with Israel to drive Industrial Research & Development

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Trivandrum: Infosys, a global leader in consulting and technology services, today announced that it has signed a Memorandum of Understanding (MoU) with the State of Israel, to establish and enhance cooperation in industrial research and development. 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. With a strong global client base across industry segments and proven expertise in driving innovation led growth for businesses, Infosys will bring valuable insights in defining pertinent challenges and solutions across various industries.
 
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.
 
Speaking on the occasion, Subu Goparaju, Sr. VP & Head, Infosys Labs said, “This collaboration aligns with our vision to bring together different innovation networks from around the world and make them relevant to our clients. At Infosys, we are looking at leveraging the innovation ecosystem in Israel, as part of evaluating early stage technologies that are relevant for clients to build tomorrow’s enterprises.”
 
Shalom Simhon, Minister of Industry, Trade and Labour, Government of Israel said, “Our ministry provides the Israeli exporter an array of government-backed tools designated to assist in offering Indian counterparts the best that Israel has to offer in the technology sector. The agreement signed today with Infosys is a prime example of another such tool. The immense potential of the Indian market has not gone unnoticed by Israeli companies and industrialists, and the Ministry of Industry, Trade and Labour works tirelessly in order to realize the trade potential between the two countries for the benefit of both nations.”
 
Kerala IT News

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