Infosys, a global frontrunner in digital services and consulting, has deepened its 20-year-long relationship with multinational integrated energy company, bp, by signing a Memorandum of Understanding (MoU) on May 10. The MoU highlights Infosys’s commitment to serving as the principal partner for end-to-end application services for bp. This includes the development, modernization, management, and maintenance of bp’s application landscape.
A key focus of the partnership will be improving business resilience, harnessing operational efficiencies, and promoting rapid innovation. By modernizing bp’s application landscape, Infosys and bp aim to expedite bp’s transition into an integrated energy company, with a net-zero target set for 2050 or earlier.
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Infosys and bp will also continue to explore innovative ways to enhance diversity, equity, and inclusion (DE&I), sustainability, and other social impact initiatives as part of their strategic collaboration.
Leigh-Ann Russell, EVP, Innovation & Engineering, bp, expressed her enthusiasm about deepening the relationship with Infosys to accelerate bp’s digital transformation and enable growth through tech-enabled operations. She anticipates delivering innovative solutions that meet their customers’ evolving needs and spur growth.
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Salil Parekh, CEO & MD, Infosys, considers the partnership a strategic milestone in their longstanding relationship with bp. He believes that establishing a robust digital core and scaling it for maximizing operational efficiency is a crucial business imperative. Parekh highlighted the joint efforts aimed at enhancing digital maturity, productivity, and driving innovation for bp, through leveraging digital technologies and advancements in AI. This news is based on a report by CIO Tech Outlook.