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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.

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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 (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 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 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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El Paso Water, a KloudGin customer, received the Level II Finalist award for Innovation in Field Automation by CS Week in the 2023 Expanding Excellence Awards. El Paso Water partnered with Infosys and KloudGin to improve their field operations, resulting in improved customer service and operational efficiency.
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Infosys has announced an AI innovation with MSG Networks that will enhance coverage of the Knicks and Rangers seasons. The technology will allow MSG Networks to instantly generate and deliver game highlights using AI-powered tools. This will provide fans with rapid access to exceptional plays and increase fan engagement on social media.
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Infosys announces collaboration with smart Europe GmbH to enhance digital sales and customer experience in the e-mobility era.
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Companies are increasing investments in generative AI (GenAI) and expect a 67% increase in the next year. Large enterprises are adopting GenAI and generating revenue faster. Data challenges and lack of skills are the biggest obstacles to adoption. Financial services, healthcare, and life sciences lead adoption of GenAI.
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Infosys expands alliance with Google Cloud to develop industry AI solutions and launch Generative AI Labs
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Infosys reports Q2 revenue growth of 2.5% YoY and 2.3% QoQ with resilient margins of 21.2%
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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 $22.64 as of December 26, 2024.

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

The market cap of Infosys American Depositary Shares (INFY) is approximately 94.0B.

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.

Infosys Limited American Depositary Shares

NYSE:INFY

INFY Rankings

INFY Stock Data

94.04B
4.14B
12.29%
2.12%
Information Technology Services
Technology
Link
United States of America
Bengaluru