[Techtaffy Newsdesk]

Infosys has signed a Memorandum of Understanding (MoU) with the State of Israel, to establish and enhance cooperation in industrial research and development. This MoU is a part of the ‘Global Enterprise Collaboration Program’ developed by the Office of the Chief Scientist of Israel to accelerate innovation through a global ecosystem.

Shalom Simhon (Minister of Industry, Trade and Labor, Government of Israel):  The immense potential of the Indian market has not gone unnoticed by Israeli companies and industrialists, and the Ministry of Industry, Trade and Labor works tirelessly in order to realize the trade potential between the two countries for the benefit of both nations.

The MoU creates a framework for industrial cooperation between Infosys and Israeli corporations in the emerging technology areas of cloud, information security, sensors, analytics, and sustainability.