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Infosys Limited (NYSE: INFY) is a pioneering Indian multinational corporation specializing in business consulting, information technology, and outsourcing services. Founded in Pune and headquartered in Bangalore, Infosys is a global leader in IT services with an extensive workforce of nearly 250,000 employees. The company predominantly derives its revenue from North America, employing an offshore outsourcing model that constitutes 60% of its total income.
Infosys offers an array of services including traditional IT consulting, managed services, cloud infrastructure solutions, and business process outsourcing (BPaaS). The firm is renowned for its innovation in next-generation digital services, leveraging advanced technologies such as Artificial Intelligence (AI), cloud computing, and generative AI through its proprietary Infosys Topaz platform.
Recently, Infosys announced a strategic collaboration with Germany's Handelsblatt Media Group, aiming to revolutionize digital storytelling through AI technologies. This partnership will employ Infosys Topaz to enhance accessibility and user engagement with Handelsblatt’s economic and financial reports.
Infosys has also expanded its digital banking solutions through Infosys Finacle, recently partnering with UAE's pioneering digital-only bank, Zand. This collaboration involves deploying cloud-native solutions on Microsoft Azure to deliver a future-ready, AI-powered banking experience.
In addition to its technological advancements, Infosys has shown a strong financial performance. For FY24, the company reported $18.6 billion in revenue, with substantial growth margins and robust free cash flow. Furthermore, Infosys has announced significant partnerships and acquisitions, including a deal to acquire in-tech, a German Engineering R&D services provider, strengthening its capabilities in the automotive sector.
Infosys is deeply committed to sustainability and social responsibility, fostering an inclusive workplace where diverse talent thrives. The company’s dedication to digital transformation is evident through its sustained efforts in AI and cloud services, aiming to empower businesses and communities worldwide.
Infosys has announced a successful collaboration with Clearstream, part of Deutsche Börse, to enhance the D7 digital post-trade platform. The project involved end-to-end implementation, customization, and deployment of the platform's Generation 2 launch. D7 allows market participants to issue securities digitally, setting a foundation for institutional-grade digital asset infrastructure.
Key achievements include:
- Over 150,000 digital issuances via D7, surpassing any other digital issuance platform globally
- Faster, easier, and more efficient digital issuance process
- Enhanced time-to-market for Clearstream's customers
- Streamlined operations and simplified technology landscape
- Improved ability to manage regulatory changes
This collaboration marks a significant step towards the digitization of financial markets and demonstrates Infosys' expertise in driving digital transformation in the securities and stock exchange industry.
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) and Proximus Group have announced a strategic collaboration to unlock new business opportunities and enhance customer experience. The partnership will leverage Proximus Group's Digital Identity (DI) and Communications Platform as a Service (CPaaS) solutions, combined with Infosys' digital services. This collaboration aims to:
1. Drive innovation in omnichannel customer engagement and AI-driven digital assistants
2. Enhance digital security with robust DI and fraud protection solutions
3. Deliver superior customer experiences for joint customers
4. Strengthen both companies' leadership in digital offerings
5. Accelerate innovative solutions for business and residential customers in Belgium and abroad
The partnership involves Proximus Group's international affiliates, including Route Mobile and Telesign, and is expected to unlock significant synergies through collaboration.
Infosys (NYSE: INFY) and the Financial Times have unveiled the 'FT Money Machine', a digital revival of the 1949 Monetary National Income Analogue Computer (MONIAC). This Extended Reality (XR) experience, accessible through Apple Vision Pro, recreates the MONIAC's functionality while adding interactive features. The app allows users to explore economic scenarios, adjust variables, and see real-time impacts on the economy.
The FT Money Machine incorporates academic backing from the London School of Economics and Cambridge University. It leverages WongDoody's creative expertise to ensure a seamless blend of historical significance and cutting-edge technology. The project aims to revolutionize economics education by providing an engaging, hands-on learning experience that makes complex economic principles more accessible.
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) has expanded its collaboration with NVIDIA to develop AI-powered solutions for telcos. Leveraging Infosys Topaz, the partnership aims to enhance customer experiences, streamline network operations, and accelerate service delivery. Infosys has developed three generative AI solutions using NVIDIA technologies:
1. TOSCA Network Service Design: Streamlines network service design, reducing latency by 28% and improving accuracy by 15%.
2. Smart Networking Operating Center: Enables faster troubleshooting, reducing latency by 61% and improving accuracy by 22%.
3. Infosys Cortex: A contact center transformation platform creating realistic customer simulations for agent training.
These solutions aim to improve operational efficiencies, productivity, and overall customer experience in the telecom industry.
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) has joined the Stanford University Institute for Human-Centered Artificial Intelligence (Stanford HAI) Corporate Affiliate Program to accelerate AI research initiatives. The collaboration will focus on responsible AI, enhancing business process efficiency through AI and Machine Learning, and optimizing AI models for cost and scale efficiency. Infosys will leverage its AI-first platform, Infosys Topaz, to drive innovation and deliver transformative AI solutions for clients and industry.
This partnership aims to address complex technical, policy, and governance challenges in AI adoption while developing ethical, trustworthy, and impactful solutions. The collaboration marks a significant milestone in Infosys' AI-first journey and will support the development of cutting-edge thought leadership and research to help enterprises accelerate their AI adoption responsibly.
Infosys and ServiceNow have expanded their strategic collaboration to provide end-to-end managed services, leveraging AI capabilities of the Now Platform and Infosys Enterprise Service Management Café (ESM Café) for enterprise business transformation. This partnership aims to accelerate ServiceNow implementation for enterprises by 30-40%, allowing faster time-to-value. Infosys ESM Café, part of Infosys Cobalt, offers over 70 applications covering various ServiceNow capabilities, including AI and sustainable digital solutions.
The collaboration showcases the power of ServiceNow's platform to revolutionize service delivery and improve operational efficiency. Infosys's expertise in the ServiceNow platform, combined with ESM Café, will enable companies like First Abu Dhabi Bank (FAB) to drive efficiency, productivity, and continuous service improvement across their enterprise.
A new report by Infosys (NSE: INFY) and MIT Technology Review Insights reveals that 67% of global enterprises have sophisticated cloud strategies, but less than 10% have fully integrated AI into their operations. The study, which surveyed 500 global industry leaders, found that:
- 48% of executives say their firms are experimenting with AI
- 45% cite concerns about data security, ethical use, privacy, and safety as limiting factors
- 71% expect spending on cloud infrastructure for AI to increase by at least 25% in the next two years
- 27% predict it will increase by 50-100%
The report highlights the growing importance of cloud-enabled AI and the need for significant, sustained investment in cloud infrastructure to realize AI's full potential.
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) has announced a collaboration with TDC Net, a Danish digital infrastructure and connectivity provider. The partnership aims to transform TDC Net from a traditional infrastructure company to a leading customer-centric technology company. Key objectives include:
1. Modernizing TDC Net's IT infrastructure
2. Improving customer experience
3. Optimizing IT and operational service costs
Infosys will implement AI-driven hyper automation to standardize and simplify TDC Net's IT systems, enhancing business productivity by consolidating systems into fewer platforms. This collaboration represents a significant milestone in TDC Net's journey towards becoming a fully digital and customer-centric technology company.
Infosys (NSE: INFY) reported strong Q1 FY25 results with 3.6% sequential revenue growth in constant currency, reaching $4,714 million. The company saw a 1% operating margin expansion to 21.1% and achieved its highest-ever free cash flow of $1,094 million, up 56.5% year-over-year. Infosys secured a record 34 large deals with a total contract value of $4.1 billion, 57.6% being net new.
The company provided FY25 guidance of 3%-4% revenue growth in constant currency and an operating margin of 20%-22%. Infosys also completed the acquisition of in-tech, enhancing its Engineering R&D services in the automotive sector. The company announced several strategic collaborations and received multiple industry recognitions for its digital services and AI capabilities.
Infosys Public Services (IPS), a subsidiary of Infosys, has been awarded a contract by the Delaware Department of Labor to modernize its labor systems, replacing outdated systems with Infosys LaborForce, a Salesforce-based platform. The new system will streamline unemployment insurance tax, benefits, and appeals programs, and develop a new paid family medical leave program. This cloud-native solution aims to improve customer service, operational efficiency, and security. The project has started, with CAI providing PMO and IT services to ensure smooth implementation. Infosys aims to leverage its extensive experience in modernizing labor systems across 20+ states.
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