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Infosys Powers LKQ Europe's HR Transformation with a Unified Digital Platform

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Infosys (NYSE: INFY) has announced a successful collaboration with LKQ Europe, implementing a cloud-based digital Human Capital Management (HCM) platform across 18 countries. The project leverages Infosys Cobalt to streamline HR processes and enhance operational efficiency.

The advanced analytics-enabled platform, part of a five-year collaboration, aims to improve HR operations, reduce costs, and boost productivity. It provides real-time insights into employee engagement, retention, performance management, and workplace planning. The solution ensures regulatory compliance and enhances employee experience through self-service capabilities and streamlined workflows.

The platform will unify LKQ Europe's HR processes across locations, enabling faster delivery and better service for end customers while fostering a more cohesive organizational culture in the automotive aftermarket industry.

Infosys (NYSE: INFY) ha annunciato una collaborazione di successo con LKQ Europe, implementando una piattaforma di gestione del capitale umano (HCM) basata su cloud in 18 paesi. Il progetto sfrutta Infosys Cobalt per semplificare i processi HR e migliorare l'efficienza operativa.

La piattaforma, abilitata per analisi avanzate e parte di una collaborazione quinquennale, mira a migliorare le operazioni HR, ridurre i costi e aumentare la produttività. Fornisce informazioni in tempo reale su coinvolgimento dei dipendenti, fidelizzazione, gestione delle performance e pianificazione del posto di lavoro. La soluzione garantisce la conformità normativa e migliora l'esperienza dei dipendenti attraverso funzionalità di self-service e flussi di lavoro semplificati.

La piattaforma unificherà i processi HR di LKQ Europe in tutte le sedi, consentendo una consegna più rapida e un miglior servizio per i clienti finali, promuovendo al contempo una cultura organizzativa più coesa nel settore aftermarket automobilistico.

Infosys (NYSE: INFY) ha anunciado una colaboración exitosa con LKQ Europe, implementando una plataforma de gestión del capital humano (HCM) basada en la nube en 18 países. El proyecto aprovecha Infosys Cobalt para optimizar los procesos de recursos humanos y mejorar la eficiencia operativa.

La plataforma, habilitada para análisis avanzados y parte de una colaboración de cinco años, tiene como objetivo mejorar las operaciones de recursos humanos, reducir costos y aumentar la productividad. Proporciona información en tiempo real sobre el compromiso de los empleados, la retención, la gestión del rendimiento y la planificación del lugar de trabajo. La solución asegura el cumplimiento normativo y mejora la experiencia del empleado a través de capacidades de autoservicio y flujos de trabajo simplificados.

La plataforma unificará los procesos de recursos humanos de LKQ Europe en todas las ubicaciones, permitiendo una entrega más rápida y un mejor servicio para los clientes finales, al mismo tiempo que fomenta una cultura organizativa más cohesiva en la industria de posventa automotriz.

인포시스 (NYSE: INFY)LKQ 유럽과의 성공적인 협업을 발표하며 18개국에 걸쳐 클라우드 기반의 디지털 인적 자원 관리(HCM) 플랫폼을 구현했습니다. 이 프로젝트는 인포시스 코발트를 활용하여 HR 프로세스를 간소화하고 운영 효율성을 향상시킵니다.

고급 분석 기능이 포함된 이 플랫폼은 5년 협업의 일환으로 HR 운영을 개선하고 비용을 절감하며 생산성을 높이는 것을 목표로 합니다. 직원 참여, 유지, 성과 관리 및 직장 계획에 대한 실시간 통찰력을 제공합니다. 이 솔루션은 규제 준수를 보장하고 셀프 서비스 기능과 간소화된 워크플로우를 통해 직원 경험을 향상시킵니다.

이 플랫폼은 LKQ 유럽의 HR 프로세스를 모든 위치에서 통합하여 고객에게 더 빠른 제공과 더 나은 서비스를 가능하게 하며, 자동차 애프터마켓 산업에서 보다 응집력 있는 조직 문화를 촉진합니다.

Infosys (NYSE: INFY) a annoncé une collaboration réussie avec LKQ Europe, mettant en œuvre une plateforme de gestion des ressources humaines (HCM) numérique basée sur le cloud dans 18 pays. Le projet utilise Infosys Cobalt pour rationaliser les processus RH et améliorer l'efficacité opérationnelle.

La plateforme, dotée d'analyses avancées et faisant partie d'une collaboration de cinq ans, vise à améliorer les opérations RH, à réduire les coûts et à augmenter la productivité. Elle fournit des informations en temps réel sur l'engagement des employés, la fidélisation, la gestion des performances et la planification des lieux de travail. La solution garantit la conformité réglementaire et améliore l'expérience des employés grâce à des fonctionnalités en libre-service et des flux de travail simplifiés.

La plateforme unifiera les processus RH de LKQ Europe dans tous les lieux, permettant une livraison plus rapide et un meilleur service pour les clients finaux tout en favorisant une culture organisationnelle plus cohésive dans l'industrie de l'après-vente automobile.

Infosys (NYSE: INFY) hat eine erfolgreiche Zusammenarbeit mit LKQ Europe angekündigt und eine cloudbasierte digitale Plattform für das Human Capital Management (HCM) in 18 Ländern implementiert. Das Projekt nutzt Infosys Cobalt, um HR-Prozesse zu optimieren und die Betriebseffizienz zu steigern.

Die fortschrittliche, analytikfähige Plattform, die Teil einer fünfjährigen Zusammenarbeit ist, zielt darauf ab, die HR-Operationen zu verbessern, Kosten zu senken und die Produktivität zu steigern. Sie bietet Echtzeiteinblicke in die Mitarbeiterbindung, -verweildauer, Leistungsmanagement und Arbeitsplatzplanung. Die Lösung gewährleistet die Einhaltung von Vorschriften und verbessert das Mitarbeitererlebnis durch Self-Service-Funktionen und optimierte Workflows.

Die Plattform wird die HR-Prozesse von LKQ Europe an allen Standorten vereinheitlichen und eine schnellere Bereitstellung sowie einen besseren Service für Endkunden ermöglichen, während gleichzeitig eine kohärentere Unternehmenskultur in der Automobil-Aftermarket-Branche gefördert wird.

Positive
  • Secured a five-year collaboration contract with major European automotive parts distributor
  • Expansion of Infosys Cobalt implementation in European market
  • Strategic positioning in digital HR transformation services
Negative
  • None.

Insights

This partnership with LKQ Europe represents a positive but modest win for Infosys, demonstrating continued demand for its Cobalt cloud services portfolio across European markets. The five-year collaboration provides revenue visibility and recurring income, though without disclosed financial terms, we can't quantify the material impact on Infosys's $77.26 billion market capitalization.

The multi-country HR transformation project across 18 European nations showcases Infosys's capability in handling complex, cross-border implementations—a valuable competitive differentiator in enterprise deals. HR transformation projects typically generate strong margins with potential for expansion into additional services over time.

This agreement reinforces Infosys's strategic focus on cloud migration services and digital transformation, particularly important as global enterprises accelerate their HR modernization initiatives to improve operational efficiency. The automotive aftermarket sector expansion also indicates Infosys's continued industry diversification beyond its traditional verticals.

While this represents business momentum, individual contract announcements without financial details rarely move the needle significantly for tier-one IT services providers like Infosys. The company needs a consistent flow of similar deals to maintain growth targets in an increasingly competitive market for cloud transformation services.

Leveraging Infosys Cobalt, the digital platform will help streamline HR processes across LKQ Europe's 18 countries

BENGALURU, India, March 27, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a successful collaboration with LKQ Europe, one of the leading distributors of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in the region. Leveraging Infosys Cobalt, a set of services, solutions, and platforms designed to help enterprises accelerate their cloud journeys, Infosys has helped LKQ Europe adopt a unified, cloud-based digital platform to streamline its HR processes across 18 countries.

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As part of an ongoing five-year collaboration, Infosys has helped LKQ Europe implement a cutting-edge, advanced analytics-enabled Human Capital Management (HCM) solution to improve HR operations, reduce costs and drive productivity. Through the platform, LKQ Europe's HR teams will gain access to real-time insights into employee engagement and retention, performance management and workplace planning, all to enable better decision making. It will ensure regulatory compliance and enhance employee experience through self-service capabilities and streamlined workflows, contributing to higher employee engagement and motivation.

David Brookfield, Vice President, Human Resources, LKQ Europe, said, "Our collaboration with Infosys is a crucial step in helping us harmonize and simplify our wider business processes – ultimately enabling faster delivery and better service for our end customers. Through the platform, we will unify our HR processes across locations to drive efficiency and enhance regulatory compliance. Looking ahead, we believe this platform will empower our workforce and foster a more cohesive organizational culture, enabling us to continue leading the automotive aftermarket industry."

Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys, said, "In today's rapidly evolving aftermarket auto parts distribution industry, companies need agile and innovative solutions to stay ahead. Our collaboration with LKQ Europe leverages the robust capabilities of Infosys Cobalt to deliver a transformative HR platform. Infosys is uniquely positioned to support LKQ Europe thanks to our deep expertise in digital transformation, data analytics and cloud technologies. This collaboration highlights our commitment to driving operational excellence and strategic growth for LKQ Europe, ensuring they remain at the forefront of the aftermarket sector."

About LKQ Europe

LKQ Europe, a subsidiary of LKQ Corporation (www.lkqcorp.com), headquartered in Zug, Switzerland, is the leading distributor of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. It currently employs approximately 26,500 people with a network of more than 1,000 branches and approximately $6.3 billion in revenue in 2023. The organisation supplies more than 100,000 workshops in over 18 European countries.

The group includes LKQ UK & Ireland, LKQ Benelux-France, LKQ RHIAG Group, Elit, LKQ CZ, and LKQ DACH, as well as recycling specialist, Atracco.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements 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 COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, 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 and the US, 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, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. 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, 2022. 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.

Logo: https://mma.prnewswire.com/media/633365/4364085/Infosys_Logo.jpg

 

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SOURCE Infosys

FAQ

What is the scope of Infosys's HCM platform implementation for LKQ Europe?

The implementation covers 18 countries, providing a unified cloud-based HR platform with advanced analytics capabilities for employee management and operational efficiency.

How long is the collaboration between Infosys (INFY) and LKQ Europe?

It's a five-year collaboration focusing on implementing and maintaining a digital Human Capital Management solution.

What are the key features of the HCM platform implemented by INFY?

The platform offers real-time insights into employee engagement, retention, performance management, workplace planning, self-service capabilities, and regulatory compliance features.

How does Infosys Cobalt contribute to LKQ Europe's HR transformation?

Infosys Cobalt provides services, solutions, and platforms that help streamline HR processes, enable cloud adoption, and drive digital transformation.
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