Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, and the Adecco Group, a Fortune Global 500 company and the leading global HR Solutions provider, are transforming the staffing industry by bringing together the power of data, domain, technology and speed to create a brand new business in the world of staffing. This is fundamental for introducing new innovations that help the Adecco Group unlock the opportunities of the platform economy, as well as transform the Adecco Group’s core operations.
Powered by Infosys, the Adecco Group’s end-to-end online staffing platform Adia has already gained momentum across multiple cities in Switzerland and the UK, and will be expanding into more countries in the coming quarters. This new platform leverages the Adecco Group’s key strengths in the industry by providing scale, speed and agility to introduce new ways of doing business in the digital economy.
Adia aims at revolutionising the industry by matching the demand and supply of talent more effectively and managing that talent more efficiently. Targeting candidates and clients across multiple industry segments such as hospitality, events, logistics and many more, Adia makes it possible for employers to find temporary staff for short term assignments and provides a brand new experience to both clients and candidates.
The platform’s algorithm matches jobs to workers based on skills, level of experience, and proximity to the place of work as well as the job seeker’s real-time availability. The user can hire new staff, plan shifts, issue contracts and approve timesheets from this platform, all in real-time.
Alain Dehaze, Chief Executive Officer, the Adecco Group, said, “At the Adecco Group we are focused on transformation and innovation to capture the opportunities we see in the evolving world of work. We are thrilled with the success Adia has experienced so far and we’re looking forward to continuing the international rollout over the coming quarters. As part of our co-creation strategy, we’re working with Infosys to bring innovation across other parts of the business and we are delighted to have partnered with the best-in-class to boost our digital strategy and power our vision of what’s next in the staffing industry.”
Rajesh Krishnamurthy, President and Head of Europe, Infosys, said, “The pace of change we’re experiencing today is unprecedented and it urges organisations to constantly renew themselves, as well as leverage technology to develop new business models, if they are to remain relevant and succeed in an increasingly evolving world. Over the past few years, the emergence of the ‘platform economy’ has set the pace of success for the most valuable companies in the world. By bringing speed, scale and an innovative platform that connects candidates and employers, while enhancing the Adecco Group’s unique expertise, we’re powering change in the industry, helping the Adecco Group fundamentally redefine the future of staffing and realise its vision of the future of work.”
About the Adecco Group
The Adecco Group is the world’s leading provider of workforce solutions, transforming the world of work through talent and technology. Each year, the Adecco Group provides over 1 million people around the world with career opportunities, guidance and insights. Through its global brands Adecco, Modis, Badenoch & Clark, Spring Professional, Lee Hecht Harrison, Pontoon and Adia, the Adecco Group offers total workforce solutions including temporary staffing, permanent placement, career transition, talent development, and outsourcing. The Adecco Group partners with employers, candidates, colleagues and governments, sharing its labour market expertise and insights to empower people, fuel economies, and enrich societies.
The Adecco Group is a Fortune Global 500 company, based in Zurich, Switzerland, with more than 33,000 FTE employees in 60 countries and territories around the world. Adecco Group AG is registered in Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).
About Infosys Ltd.
Infosys is a global leader in technology services and consulting. We enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 198,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.
Certain statements mentioned in this release concerning our future growth prospects are forward-looking statements regarding our future business expectations 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 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, and unauthorized use of our intellectual property and general economic conditions affecting our industry. 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, 2017. 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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