Infosys and oil and gas giant BP signed a memorandum of understanding (MoU) under which the Indian IT firm will help the latter transform its digital application landscape.

In accordance with the MoU, Infosys will be BP’s main partner for the entire range of applications, which includes modernization, development, management, and maintenance.

Leigh-Ann Russell — BP EVP of Innovation and Engineering 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.”

This strategic alliance further enhances the relationship that has lasted more than two decades between the two companies.

As BP shifts to becoming an integrated energy business with the aim of becoming net zero by 2050 or later and assisting the world achieve net zero, the two companies will focus together on modernizing the application landscape of the former to increase the resilience of its business, generate the value of operational efficiency and develop more adaptable and agile processes that increase the pace of innovation.

They will look at different avenues to improve sustainable development, DE&I and other social impact initiatives.

Salil Parekh — Infosys CEO 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.”

  BP, digital transformation, Infosys, Leigh-Ann Russell, Salil Parekh