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Infosys Limited American Depositary Shares - INFY STOCK NEWS

Welcome to our dedicated page for Infosys American Depositary Shares news (Ticker: INFY), a resource for investors and traders seeking the latest updates and insights on Infosys American Depositary Shares stock.

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.

News

Infosys to Harmonize the Systems of LKQ Europe

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Infosys (NYSE: INFY) announces a 5-year collaboration with LKQ Europe, a leading distributor of automotive aftermarket parts, to harmonize business processes and improve product availability.
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European Firms Struggle to Generate Value from Generative AI, Yet Will Double Spending in 2024: Infosys Research

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Infosys (NYSE: INFY) research shows European GenAI investment to increase by 115% to $2.8 billion, but faces ethical and regulatory concerns.
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Infosys and TK Elevator Extend Strategic Collaboration

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Infosys (INFY) announces a strategic long-term collaboration with TK Elevator to consolidate, harmonize, and modernize TK Elevator's digital landscape with an AI-first strategy. The engagement aims to innovate and transform the company's application and IT environment, leveraging Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies. The collaboration will transition the operations of all TK Elevator's business applications across North America and major markets in Europe to Infosys, enabling integrated applications management and contributing to a simplified and agile digital landscape.
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Infosys Collaborates with Proximus, Offering Fiber and New Digital Services to More Customers

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Infosys (INFY) collaborates with Proximus to modernize IT stack and broaden offerings
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Two-thirds of global executives report cloud has returned positive ROI over last two years, says MIT Technology Review Insights report with Infosys Cobalt

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Infosys (INFY) and MIT Technology Review Insights release the '2023 Global Cloud Ecosystem' report, highlighting the impact of cloud capabilities on global digital transformation, including sustainability, AI, and cybersecurity. The report reveals that 54% of organizations use cloud tools for ESG compliance, but there is room for improvement in addressing carbon emissions. Cloud deployments drive cost-efficiency, with 82% tracking positive ROI. Data governance and cybersecurity concerns remain, but the zero-trust paradigm gains acceptance. Cloud is also leveraged for diversity, equity, and inclusion compliance.
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Infosys and Better collaborate to offer Mortgage as a Service

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Infosys (INFY) and Better Home & Finance Holding Company (BETR) collaborate to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform. Better's digital technology has already funded over $100 billion in fully digital loans, and Infosys aims to help clients reap the advantages of Mortgage as a Service faster.
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Infosys Enables Rich Products to Digitally Transform their Core Business Processes Using SAP S/4HANA

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Infosys (INFY) announces strategic collaboration with Rich Products Corporation to simplify and harmonize business processes using SAP S/4HANA solutions, aiming to reduce technical debt and standardize global technology. This initiative serves as the foundation for growth, innovation, and transformation.
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Infosys and AWS Enter Strategic Collaboration to Accelerate Financial Institutions' Cloud Transformation Across Europe, Middle East and Africa

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Infosys (NSE: INFY) announced a new Strategic Collaboration Agreement (SCA) with Amazon Web Services Inc (AWS) to deliver technology transformation and industry-specific solutions to financial organizations in the EMEA region. The collaboration aims to accelerate cloud adoption journeys leveraging industry-proven capabilities to deliver specialized end-to-end cloud migration and modernization services. The partnership will also deliver industry-specific use cases leveraging AWS's cloud native innovation and generative AI. Wendy Redshaw, CDIO, Retail NatWest Group, emphasized the importance of collaboration, strategic alignment, and engineering excellence in successful partnerships. Dennis Gada, Executive Vice President, Global Head of Banking & Financial Services, Infosys, highlighted the commitment to helping financial organizations accelerate their business outcomes. Mark Jopling, Director of GFS EMEA Sales, AWS, emphasized the combined capabilities and solutions to specific financial industry challenges at speed and scale.
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Infosys and Spirit AeroSystems inaugurate Center for Aerospace Engineering Excellence in Richardson, Texas

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Infosys and Spirit AeroSystems have inaugurated a dedicated center for aerospace engineering excellence in Richardson, Texas. The center will enable Infosys to work closely with Spirit AeroSystems to develop cross-functional solutions for aircraft development challenges. It will also facilitate training and upskilling of talent in digital engineering technologies to help Spirit AeroSystems meet growing business demand.
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Infosys Expands Its Footprint in Europe with a New Proximity Center in Sofia, Bulgaria to Help Accelerate AI and Cloud-led Digital Journeys for Clients in the Region

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Infosys announces the opening of a new proximity center in Sofia, Bulgaria to support its growth in Europe. The center will attract, re-skill, and up-skill 500 new employees over the next four years, focusing on next-gen digital technologies. It will serve as a hub for companies in various sectors to drive digital transformation efforts.
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FAQ

What is the current stock price of Infosys American Depositary Shares (INFY)?

The current stock price of Infosys American Depositary Shares (INFY) is $21.53 as of November 15, 2024.

What is the market cap of Infosys American Depositary Shares (INFY)?

The market cap of Infosys American Depositary Shares (INFY) is approximately 89.2B.

What services does Infosys Limited provide?

Infosys offers IT consulting, managed services, cloud infrastructure solutions, and business process outsourcing (BPaaS), leveraging advanced technologies like AI and cloud computing.

Where is Infosys Limited headquartered?

Infosys is headquartered in Bangalore, India.

What recent partnerships has Infosys entered?

Infosys recently partnered with Handelsblatt Media Group and UAE's Zand Bank to enhance digital storytelling and banking services, respectively.

How many employees does Infosys have?

Infosys employs nearly 250,000 people globally.

What is Infosys Topaz?

Infosys Topaz is an AI-first set of services, solutions, and platforms that leverage generative AI technologies to accelerate business value.

What financial performance did Infosys report for FY24?

Infosys reported $18.6 billion in revenue for FY24, with a strong operating margin of 20.7% and robust free cash flow of $2,882 million.

What acquisitions has Infosys recently made?

Infosys has acquired in-tech, an Engineering R&D services provider focused on the German automotive industry, to bolster its digital engineering capabilities.

What is Infosys Finacle?

Infosys Finacle is a subsidiary of Infosys that provides digital banking solutions, including core banking, lending, digital engagement, and AI-powered services.

How does Infosys contribute to sustainability?

Infosys is committed to being an environmentally sustainable organization, fostering an inclusive workplace, and driving continuous improvement through digital skills and innovation.

In which regions does Infosys generate most of its revenue?

Infosys derives 60% of its revenue from North America through its offshore outsourcing model.

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Infosys Limited American Depositary Shares

NYSE:INFY

INFY Rankings

#144 Ranked by Market Cap
#1276 Ranked by Dividends

INFY Stock Data

89.19B
4.15B
12.85%
1.63%
Information Technology Services
Technology
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United States of America
Bengaluru