Infosys to Open Technology and Innovation Hub in Connecticut and Create 1,000 Jobs by 2022

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Hartford, CT – March 14, 2018:Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced that it will open its next Technology and Innovation Hub in Hartford, Connecticut and hire 1,000 American workers in the state by 2022.

The Connecticut Technology and Innovation Hub will have a special focus on insurance, healthcare and manufacturing. It will bring Infosys closer to its Connecticut clients and serve as the global hub for Infosys’ InsurTech and HealthTech efforts. Infosys’ investment in Connecticut is a continuation of the company’s commitment to accelerate innovation for American enterprise by amplifying top local talent with the best global talent and shrink the IT skills gap in the marketplace.

“Today marks yet another landmark day in Connecticut’s economic development efforts, at a time when our investments are bringing new life and vigor to our Capital City,” Governor Dannel P. Malloy said. “I am thrilled to welcome Infosys to Connecticut and congratulate them on their decision to establish a Technology and Innovation Hub in Hartford. Connecticut’s tremendous assets and talent pipeline continue to attract high caliber companies to the state, and I look forward to the value that Infosys will bring to our business community.”

We are excited to announce the expansion of our presence in Connecticut and to create 1,000 technology jobs in the state,” said Ravi Kumar, President, Infosys. “This investment will further strengthen our ability to serve clients’ needs throughout the New England region and expand the local workforce to help our clients compete in the rapidly digitizing insurance, healthcare and manufacturing sectors. Hartford’s position as the Insurance Capital of the World, paired with Connecticut’s world-renowned academic institutions, will place Infosys in close proximity to valued clients and accelerate the recruitment of highly-skilled local talent.”

“Connecticut is a hub for health care innovation, and these capabilities are a key part of Cigna's global growth strategy,” said Mark Boxer, EVP and Global Chief Information Officer at Cigna. “We are continuously looking at technology-led innovation to simplify the healthcare experience for consumers and improve our engagement and alignment with healthcare providers, employers, and other stakeholders. We are pleased that Infosys has chosen to plant a flag here in Connecticut, and proud that we had a role in advancing employment in the region. We look forward to working with them as part of our technology journey.”

“Stanley Black & Decker is excited to welcome Infosys to Hartford and Connecticut,” said Jim Loree, Stanley Black & Decker’s President and CEO. “This is a great win for the state. With Infosys’ expanded presence and focus on attracting and training top local talent, Infosys will strengthen Connecticut’s innovation ecosystem and help to develop the technology workforce of the future.”

The Hub will include insurance and healthcare labs that focus on smart underwriting, claims fraud, IoT and Cloud, and will employ cutting-edge data security and data-sharing features to help Infosys clients comply with all applicable privacy laws while promoting innovation. Infosys will also leverage the Hub to train its employees and develop pioneering techniques with agile, development operations, cloud and information security projects.

Infosys inaugurated its first Technology and Innovation Hub in Indianapolis, Indiana and has already announced a Technology and Innovation Hub in Raleigh, North Carolina and a Design and Innovation Hub in Providence, Rhode Island.

As part of Infosys’ commitment to boosting American innovation and helping to create the workforce of the future, Infosys Foundation USA has provided multiple grants for classroom technology and computer science training to teachers and schools. To date, more than 4.7 million students; 13,000 teachers and 21,000 schools across America, including over 3,500 students, 35 teachers and 24 schools in Connecticut, have benefited from computer science training and classroom equipment funded by Infosys Foundation USA. This includes grants for professional development for teachers, hands on workshops for students, and new technology and teaching aids for classrooms, with an emphasis placed on serving underrepresented groups such as women, African-American, Latino, urban, rural and autistic groups that will gain greater access to computer science and maker education.

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