A Memorandum of Understanding (MoU) was signed on May 10 by Infosys, a world leader in next-generation digital services and consulting, and bp, a multinational integrated energy company, to show their intent for Infosys to serve as bp's primary partner for end-to-end application services, including development, modernization, management, and maintenance. The long-standing partnership between the two companies, which has lasted more than 20 years, is further strengthened by this strategic collaboration.
To improve business resilience, generate value from operational efficiencies, and accelerate innovation, bp and Infosys will work together to modernise bp's application landscape. This will help bp pivot towards becoming an integrated energy company with the goal of becoming a net zero company by 2050 or earlier. The businesses will keep looking into new ways to improve DE&I, sustainability, and other social impact activities.
Leigh-Ann Russell, EVP, Innovation & Engineering, bp, said, "We are delighted to further develop our relationship with Infosys to help accelerate our digital transformation and scale growth through tech-enabled operations. Together, we look forward to delivering innovative solutions that meet the evolving needs of our customers and drive growth for the future."
Salil Parekh, CEO & MD, Infosys, said, "This is a strategic milestone in our long-standing relationship with bp. As we see global momentum in energy transition, building a strong digital core and scaling it to maximize operational efficiency is a key business imperative. We are now jointly working towards enhancing digital maturity, productivity, and driving innovation for bp. Together, we will leverage the power of digital technologies and advancements in AI to deliver solutions that will help to transform bp's operational landscape and drive business growth."
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