input
stringclasses 30
values | text
stringclasses 30
values |
|---|---|
Press Release for Infosys Topaz: "AI-First Offering" Increases Business Value for Global Enterprises Through Generative Artificial Intelligence (AI) | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, launches Infosys Topaz, a suite of services, solutions and platforms powered by generative AI technologies. The new offering helps amplify the potential of people, businesses and communities. The aim is to unlock the next generation of value creation opportunities from innovations, connected ecosystems and ubiquitous efficiencies. Infosys Topaz leverages Infosys' AI framework to build an AI-centric core that empowers humans to deliver cognitive solutions. Accelerate growth:Infosys Topaz bundles the power of Infosys Cobalt Cloud and data analytics. This is intended to support the business with artificial intelligence (AI) and to deliver cognitive solutions and intuitive experiences. The aim is to increase company growth. Over 12,000 use cases help to develop new ideas and implement them quickly. For example, a food and beverage chain used Infosys Topaz to autonomously connect previously unconnected data signals coming in from new partners. The result is a superior customer experience outside of the store with over 95 percent accuracy. Infosys Topaz Generative AI Labs delivers turnkey industrial solutions. These harness the value of AI for a greater number of functions, helping companies. Building Connected Ecosystems: The new offering democratizes data and intelligence to deliver value to participants in the connected ecosystem. This enables them to create disruptive business models, AI-supported products, services and new sources of income. Infosys Topaz supports businesses across all industries through an ecosystem of over 100 industry networks and partnerships. An example: A national railway company used the solution bundle to build an intelligent hub that enables agile value chains. This should network suitable partners for the relevant functions – such as the first and last mile of logistics. Unlocking efficiencies on a large scale: Infosys Topaz creates efficiencies across the enterprise. Infosys AI specialists use intelligent tools, platforms and autonomous software engineering for business agility. Infosys Topaz drives enterprise-wide synergies by reimagining user personas, data architectures and technical designs for the future. It also helps build self-monitoring instances of control by leveraging enterprise knowledge with the help of generative AI. For example, a UK bank used Infosys Topaz to transform more than 2,000 customer service processes to run in near real-time instead of a week. |
Press Release for Infosys Springboard and Adobe Training are transforming the digital workforce of the future | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is partnering with Adobe to transform the digital workforce through Infosys Springboard - Infosys' online learning platform - as part of its Tech for Good - to change the charter. Both companies want to certify more than 10,000 new Adobe experts worldwide by 2025. Infosys is helping to close the applicant skills gap by offering free access to Adobe's advanced digital learning content on Infosys Springboard. Both aspiring professionals and lifelong learners can explore their interests and access Adobe's curriculum to learn more about Adobe Experience Cloud. The collaboration will make corporate learning content available on any device and create a pool of highly skilled, aspiring professionals. |
Press Release for Infosys Recognized as a Leader among Multi Cloud Managed Services Providers and Cloud Migration and Managed Services Partners | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, was recognized in both The Forrester Wave™: Multicloud Managed Services Providers, Q1 2023 and The Forrester Wave™: Cloud Migration and Managed Service Partners positioned as a leader in Asia Pacific, Q4 2022 . In both awards, Forrester evaluated 19 different vendors based on more than 25 criteria each and in three broad categories: current offering, strategy, and market presence. The Cloud Migration and Managed Service Partners in Asia Pacific report recognizes Infosys for its cloud service offering focused on applications with a strong focus on functional and vertical industry solutions. The positioning was underpinned by solid customer references. The report also states that Infosys is a good fit for most modernization and migration initiatives. Particularly noteworthy here is the implementation of applications in the banking sector and in asset-intensive sectors such as logistics. |
Press Release for Infosys launches Live Operations platform in partnership with ServiceNow | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, in partnership with ServiceNow , a leader in digital workflows, launches the Infosys Live Operations platform . This aims to improve the customer experience (CX) for telecom providers. The company used ServiceNow technology to develop Infosys Live Operations. The platform seamlessly integrates with legacy and digital environments to simplify business operations through application rationalization and optimize technology stacks. As part of Infosys Cobalt , a suite of services, solutions and platforms for businesses to accelerate their cloud journey, Infosys Live Operations will help telecom service providers accelerate time to market and build feature-rich products. The platform aims to improve operational efficiency by up to 95 percent, increase service quality and experience by 10 to 20 percent, and reduce operational costs by 40 percent. |
Press Release for Infosys and Aramco use artificial intelligence (AI) to enable digitally connected employee experiences | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, has signed a memorandum of understanding (MoU) with Aramco , one of the world's leading integrated energy and chemical companies. The goal is to accelerate Aramco's HR technology while gaining new insights into HR data and analytics, expanding the use of automation tools, and improving the employee experience through AI. Infosys plans to embed digital transformation practices and tools into Aramco's HR platform. The aim is to improve the overall digital experience for employees and make them more productive. In addition, Aramco aims to use AI to advance the learning and development experiences of its employees and reduce skills gaps. In this way, Infosys helps Aramco unleash talent and align employees with the opportunities of the business. The collaboration will also analyze how AI-powered learning can automate and streamline repetitive human resources tasks to reduce the time and effort required to deliver training. AI-powered analytics are designed to provide insights that track investment returns and support Aramco with algorithmic decisions. In this way, trends should be recognized and relevant recruitment channels identified. |
Press Release for Infosys recognized by Ethisphere as one of the 2023 World's Most Ethical Companies® for the third year in a row | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, has been recognized as one of the World's Most Ethical Companies by Ethisphere , a global leader in defining and promoting standards for ethical business practices awarded in 2023 . The company received the award for the third consecutive year for its high standards of business integrity through best-in-class ethics, compliance and governance practices. Infosys is the only company in India and one of four companies worldwide in the software and services industry to receive this award. This award is given to global companies that demonstrate exceptional business ethics and are committed to promoting business integrity. Infosys was honored amid 135 honorees from 19 countries and 46 industries. These companies were evaluated across multiple categories based on the Ethisphere Ethics Quotient®, including culture, environmental and social practices, ethics and compliance, corporate governance, diversity, and initiatives to support a strong value chain. |
Press Release for Infosys and mobility specialist ZF are working together to reshape the supply chain | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is partnering with mobility specialist ZF to transform the company's supply chain with SAP Integrated Business Planning® (SAP IBP) and Infosys Cobalt improve. As part of this collaboration with ZF Aftermarket , Infosys implemented SAP IBP for demand planning and inventory optimization. Infosys supports ZF on its transformation journey as the company has the relevant SAP IBP implementation knowledge and a wealth of in-house tools and accelerators. Efficient teams complete the offer. As part of this initiative, Infosys leveraged its hybrid, agile implementation methodology to replace several legacy demand planning tools at ZF Aftermarket with a unified, global SAP platform. Infosys support of the bi-directional flow of business-critical data between the new platform and external systems simplifies complex operational planning with full automation of safety stocks. Implementation helps enable advanced demand forecasting, collaborative planning, |
Press Release for Infosys Study: Nine out of ten companies lack the culture and organizational structure to enable digital growth | Only 7 percent of companies have the right combination of culture and operational structure to drive growth through digital technologies. That's according to a new study from the Infosys Knowledge Institute (IKI), the thought leadership arm of Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting. The Infosys Digital Radar: The Next Digital Frontier study surveyed 2,700 executives from the US, UK, France, Germany, Australia, New Zealand, China and India. The results show that companies that base their decisions on high-quality, more transparent data and build a culture of responsible risk-taking, can achieve faster profitable growth in today's challenging macroeconomic conditions.In addition, new products can be brought to market faster by focusing on products and not on processes.This in turn increases the advantage of early market launch. According to the study, three success factors emerge: internal use of data, a corporate culture that enables responsible risks, and a product-related organization of the company. Organizations that excel in these areas increase their bottom line, brand awareness, and employee and customer engagement. According to the report, however, less than ten percent of companies master these three differentiators. For organizations that are already successfully implementing these success factors, there are promising opportunities: Live Data: According to the report, only five percent of companies are currently implementing what is defined as a universal "live data" approach. This means data that is high-quality, timely and available company-wide. These data practices increase profits through better innovation and faster time-to-market for new products. For example, companies that adopt resilient data practices in decision-making have improved their ability to launch new products by up to 85 percent. Product-centric organization: Companies that organize their teams around their product offering rather than business functions are 50 percent more likely to lead new product launches. They also significantly improve both employee and customer engagement. However, only half of the companies surveyed are organized in this way, so there are great opportunities here. A culture of responsible risk-taking: A company that takes risks responsibly and wisely, backed by up-to-date data, is more likely to develop new products, retain employees and grow profits faster than companies that don't. The Digital Radar has identified five cultural levers that can improve innovation fivefold: agile leadership, diversity in leadership and among employees, data-driven leadership, rapid testing and learning, and encouraging risk-taking. The results make it clear that digital success depends on the way a company organizes itself around the technology and not on the technology alone. |
Press Release for Infosys: a leader in numerous global ESG rankings | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is ranked among the top performers in multiple global environmental, social and governance (ESG) industry rankings and assessments for fiscal year 2022- 23 The company was recognized for its numerous efforts to consistently implement its commitment to sustainability, ethical leadership and responsible business practices. Infosys topped the CRISIL ESG Leadership Rankings and was included in the CRISIL Sustainability Yearbook, 2022 for the second year running . In addition, the MSCI ESG rating gave the company an "AA" rating in 2022. The MSCI ESG Ratings measure the ESG performance of companies worldwide, including the management of financially relevant ESG risks and opportunities. Infosys is at the forefront of bringing climate action to every part of an organization. Global non-profit environmental organization CDP recognized Infosys' role in corporate transparency and performance on climate change and included the company in its annual CDP "A List" for 2022. This is the seventh year in a row that Infosys has been named in the Leadership category of CDP's climate change disclosures - a clear testament to the company's climate change efforts. This also includes, for example, climate-related risk management, improvement initiatives, transparent disclosure of emissions and emission reduction initiatives throughout the supply and value chain. For the sixth time, Infosys has been included in the Dow Jones Sustainability Indices (DJSI), a leading benchmark for corporate sustainability. In addition, Sustainalytics recognized Infosys as the industry and regional top ESG performer in its most recent Corporate ESG Risk Ratings for 2023. Sustainalytics is a renowned independent ESG and corporate governance research, ratings and analysis firm. |
Press Release for Infosys and ng-voice: Telecom operators can now improve their digital capabilities thanks to accelerated cloud implementation in Europe | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is entering into a strategic partnership with ng-voice GmbH, the leading provider of cloud-native infrastructure management services (IMS) solutions . As part of the collaboration, Infosys will provide system integration services through a global delivery model for ng-voice. This enables telecom operators to leverage their digital capabilities and deploy fully containerized, cloud-native network solutions across Europe. Infosys' deep expertise, broad service offering and diverse talent pool support the industry's first cloud-native IMS developed by ng-voice. Under the terms of the agreement, Infosys will provide a range of cross-industry services, solutions and platforms. These allow companies and communications service providers (CSPs) to act more flexibly and promote their growth through agile and resource-efficient cloud-native business platforms. Building on this, Infosys and ng-voice jointly offer managed services. The aim is to support the network solution, promote innovation and deliver personalized customer experiences. |
Press Release for Infosys offers 5G-as-a-Service solution to drive business value for enterprise customers worldwide | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is introducing Private 5G-as-a-Service to drive business value for its enterprise customers worldwide. Infosys' Private 5G-as-a-Service is a simple and flexible pay-as-you-go suite for customers. Infosys' expertise in wireless 5G and the private network management solution ensure high bandwidth, low latency and reliable wireless connectivity for companies. The Private 5G-as-a-Service solution is tailored to the specific needs of customers and can be implemented in an agile and time-bound manner. To reduce deployment complexity, Infosys has pre-integrated the 5G stack from multiple product vendors and tested against the requirements of different use cases. In addition, Private 5G-as-a-Service is managed through a unified management solution that provides real-time insight into the operation and performance of the private 5G network. The new solution integrates Multi-Access Edge Computing (MEC) and further reduces network delay by minimizing the time required for data processing. This allows for much more reliable network operation for high-bandwidth applications. Examples include remote-controlled vehicles, drone-based real-time analytics, high-resolution media and video analytics, metaverse solutions, and a variety of IoT/industrial IoT applications. Infosys' collaboration with its partner ecosystem offers its customers faster time to market and lower total cost of ownership for private 5G rollout. |
Press Release for Infosys and Microsoft collaboration accelerates industry cloud adoption | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is expanding its collaboration with Microsoft to accelerate the cloud transformation of businesses worldwide. According to the Infosys Cloud RadarOrganizations can achieve up to $414 billion in new net profits annually through effective cloud adoption. In addition, the report's findings showed that the adoption of the cloud is accelerating the time to market of products and services, creating new revenue streams and resulting in profit growth of up to 11.2 percent year-on-year. Businesses will benefit from the expanded strategic collaboration between Infosys and Microsoft: They can leverage Infosys Cobalt Cloud offerings and Microsoft cloud computing technologies, most notably Azure, across the entire value chain. Infosys' alliance with Microsoft also includes the integration of Infosys Cobalt solutions into Microsoft's industry clouds. This enables companies to build agile cloud-based platforms and innovate on a large scale. Infosys and Microsoft's deep expertise in application modernization, enterprise solutions, data analytics and artificial intelligence (AI), digital workspace solutions, low-code and no-code power platforms, and cybersecurity innovation provides a solid foundation for the Cloud-based transformation. Businesses take advantage of the Microsoft platforms and Infosys Cobalt suite of cloud-based solutions. These are implemented in a way that minimizes time to market and maximizes value.For example, Infosys Helix , running on Azure, offers the healthcare industry an AI-powered, human-centric platform suite to analyze, customize, and democratize data for payers, providers, members, and governments. Another example is Infosys Equinox - a human-centric digital commerce and marketing platform that enables contextualized omnichannel shopping experiences. Enhanced collaboration also enriches the employee experience and increases overall productivity. Because Infosys Cobalt solutions and Microsoft technologies enable over 300,000 Infosys employees hyper-personalized, deeply human experiences through an application that is available on all devices and serves as a hub for information and action. This is also integrated with a number of enterprise systems, including Microsoft Dynamics365, providing enterprise-grade security. Additionally, the collaboration between Infosys Cobalt and Microsoft Commerce to drive extreme automation of product launches is another area where both companies are jointly innovating across the value chain using Azure. Microsoft leverages Infosys expertise to improve the support experience for its products. The partnership will further enhance the dedicated support and focus of the Microsoft CRM Center of Excellence established by Infosys. |
Press Release for Talent diversity, effective retraining and automation of digital tools can generate $1.4 trillion in revenue and $282 billion in profit | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today released a global research report titled Future of Work 2023. According to the report, up to $1.4 trillion in incremental revenue and $282 billion in profit could be achieved through automated digital tools, a diversified talent pool and improved employee skills. The report highlights that the 21st century workplace will be more hybrid and digital. This allows companies to assemble more diverse and creative teams. The Infosys Knowledge Institute (IKI), the research arm of Infosys, conducted the survey. It surveyed 2,500 executives and managers at companies with annual sales of more than $1 billion involved in workplace and workforce planning. The survey covers twelve industries in the US, UK, France, Germany, Australia and New Zealand. The study focused on how trends and competition are affecting the workforce, the workplace and work styles, as well as revenue growth, profitability and employee retention. The main results of the survey as follows: The transition to a flexible, diverse and digital working model is associated with 7.7 percentage points higher profit growth and 6.7 percent higher revenue growth. Employee retention is crucial. Companies that increased their employee retention between 2020 and 2022 were nearly a fifth more likely to increase sales and profits than companies that saw them decrease over the period. Nearly two-thirds of senior executives prefer to work remotely than in the office and expect flexible or remote workspaces to increase in the future. 65 percent of senior executives agreed that adopting remote work leads to better employee retention. Companies that implemented wellness initiatives, work-from-home equipment grants, and reskilling programs saw increases in employee retention. The modernization and automation of digital tools, increases in compensation and bring-your-own-device strategies have also had a positive impact on employee retention. Modernizing and automating digital tools is a top investment priority for companies over the next two years and is expected to generate up to $123 billion in revenue. Successful companies of the future are likely to focus less on where employees work and more on the mix of people in their company and how well they are supported. Respondents identified collaboration, change management and the continued evolution of approaches to the future of work as the top challenges companies face when implementing workplace transformation strategies. |
Press Release for Infosys and GE Digital collaboration to deliver energy transition solutions | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is strategically collaborating with GE Digital , GE's software division. Both companies aim to accelerate the transformation of power grids in the utility sector. GE Digital and Infosys are jointly pursuing a go-to-market approach to deliver value-added network-related product and service solutions to their new and existing customers. Infosys and GE Digital are jointly offering these solutions to utilities to help grid operators realize a more reliable, resilient, and sustainable grid. This is powered by an industry-leading grid orchestration software platform and a suite of intelligent applications that bring together energy data, grid modeling and artificial intelligence (AI). This collaboration combines GE's deep expertise and experience with utilities in the energy sector and long-standing investments in network equipment and platforms with Infosys' broad capabilities in business transformation, systems integration and advanced technologies. Together, both enable efficient orchestration of the power grid. This commitment builds on the 18-year relationship between Infosys and GE. This also includes cooperation on innovative technologies that are crucial for the energy transition. Infosys is building a GE Digital Center of Excellence (CoE) to expand the talent pool for the GE GridOS® portfolio and bring best practices in service delivery. Infosys will also invest in Accelerator to integrate the GE platform and suite of applications into enterprise ecosystems and meet customer-specific needs. Additionally, the company brings digital capabilities in areas such as artificial intelligence (AI), cloud, cyber security and industrial IoT to support utility transformation. This 360-degree collaboration enables Infosys to partner with GE to take advantage of the convergence of information technology and operations technology (IT-OT) for energy companies. |
Press Release for Infosys ranked among the top 3 IT service brands in the world; among the top 150 most valuable brands | Infosys (NYSE: INFY), one of the world's leading providers of next-generation digital services and consulting, is ranked among the top 3 most valuable IT services brands in the world according to Brand Finance's Brand Finance Global 500 2023 report. Brand Finance is one of the world's leading brand valuation companies. Infosys continues to grow, with brand equity up 84 percent since 2020. This makes Infosys one of the 150 most valuable brands in the world. Positioning in the top 3 most valuable IT services brands in the world for two consecutive years by Brand Finance is the result of Infosys' continued investment in nurturing digital brands and building new customer-centric digital capabilities. The launch of the Infosys Metaverse Foundry makes it easier for organizations to explore the Metaverse, including virtual and augmented environments. This is a good example of Infosys' commitment. The growth of Infosys Cobalt, the cloud solutions brand, is another example. It is driven by new industry-specific value creation levers and a strong partner network. Infosys aims to be an Employer of Choice, differentiated by its brand promise to advance careers. The company has initiated and maintained several strategic brand collaborations. Over the past year, Infosys has established a collaboration to digitally reshape tennis heritage as the digital innovation partner of the International Tennis Hall of Fame. Infosys has expanded its collaboration with Dow Jones through a brand partnership to develop new human-centric digital experiences. Infosys continues to accelerate brand momentum through its collaboration with Madison Square Garden, including key MSG owners New York Knicks, New York Rangers and Madison Square Garden Arena, as well as the ATP, Roland Garros, the Australian Open, and The Economist, Financial Times and Bloomberg Media. Infosys is making steady progress toward meeting its goals, first articulated in its ESG Vision 2030, published in 2020. For example, Infosys Springboard - the company's flagship program for democratizing learning with free digital content - already has 4.6 million registered users. They want to learn digital skills that prepare them for a rapidly changing talent market. Infosys has also been climate-neutral for three years. The brand was recognized for its exceptional leadership and commitment to environmental, social and governance issues. It is significant that Infosys has been recognized by Ethisphere as one of the 2022 World's Most Ethical Companies for the second year running. |
Press Release for Infosys Research: Nine out of ten executives report that ESG delivers a return on investment | Increased ESG investing is correlated with higher corporate earnings, according to a new study from the Infosys Knowledge Institute, the thought leadership and research arm of Infosys (NSE, BSE, NYSE: INFY). The report highlights what actions organizations should take now to achieve ESG goals and generate financial returns from sustainability initiatives. The Infosys report, ESG Redefined: From Compliance to Value Creation, that nearly all executives (90 percent) said their ESG spending resulted in moderate or significant financial returns. The majority of respondents (66%) were able to realize ESG returns within three years. The report acknowledges that despite the clear link between ESG and earnings growth, budgets are likely to be a constraint in the current economic climate. This is of concern as companies will need both increased financial resources and operating model changes to meet their ESG goals and deliver sustainable earnings growth. By adapting their strategy and ultimately executing it, firms are able to roll out their ESG initiatives more quickly, thereby realizing greater value. The Infosys Knowledge Institute uncovered a number of insights from its research that help companies accelerate the financial benefits of ESG investing: ESG is proven to be a winner. The report found that a ten percent increase in ESG spending correlates with a one percentage point increase in profit. A company that currently spends 5% of its budget on ESG can expect a 1 percentage point increase in profits when it adjusts its operating or capital budget to increase the proportion of ESG spending to 15%. Overlooking the “S” and “G” in ESG reduces profitability. Many companies focus their ESG efforts on the environment and commit to carbon neutrality, net zero and reduction of greenhouse gas emissions. However, there are also opportunities to improve financial results through social and governance initiatives. Research data shows that social initiatives like diversity on the board correlate with improved profitability. An ESG leadership strategy correlates with a two percentage point increase in earnings and revenue growth. Companies fare better financially when they have the following leaders: a Chief Diversity Officer (CDO), a Chief Sustainability Officer (CSO). Rounding out the decision-makers is an ESG committee on the board and a CSO that approves capital expenditures for ESG initiatives. However, only about a quarter (27 percent) of respondents say their organization has all four leaders. Analysis of the survey data also revealed that the C-suite and C-suite are the most neglected areas for ESG change. Only 19 percent of respondents said their company ties executive compensation to ESG goals. Transparency in the supply chain is important. The research found that almost all companies are interested in aligning their ESG goals with their supply chain, especially as they are increasingly expected to account for their Scope 3 greenhouse gas emissions. However, less than a third share ESG expectations or requirements with their suppliers. Only 16 percent said they renegotiate contracts based on ESG data from stakeholders in the supply chain – a strong indication that more supply chain leadership and incentives to share ESG data are needed, be it to meet new contract requirements or to make themselves more attractive to others in the supply chain. |
Press Release for Infosys expands its presence in the Nordics: building a new proximity center in Gothenburg, Sweden | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, opens a new proximity center in Sweden. With this investment, Infosys is expanding its localization strategy in the Nordics. The company provides next-generation digital offerings to its customers in the region as they continue their digital journey. Over the past two decades, Infosys has steadily expanded its presence in the Nordic countries. The new center is another step to strengthen the strategic presence. To this end, Infosys is investing in Gothenburg, a major city on the west coast of Sweden and an emerging center for automotive, digital technologies and green innovations in Europe. |
Press Release for Infosys and UNLEASH are promoting youth-developed solutions that align with the UN Sustainable Development Goals with the Global Innovation Lab 2022 | Infosys(NSE, BSE, NYSE: INFY), one of the world's leading providers of next-generation digital services and consulting, is collaborating with the non-profit organization UNLEASH. It has set itself the task of supporting young people in developing innovative and scalable solutions in order to achieve the Sustainable Development Goals (SDGs). Together, Infosys and UNLEASH are promoting youth-centric solutions in line with the United Nations SDGs as part of the Global Innovation Lab 2022 to expand ESG best practices and accelerate digital upskilling. Through interactive exercises and activities based on human-centric design thinking, The Global Innovation Lab 2022 will take place from December 3rd to 10th at Infosys' Mysuru Development Center, one of the largest corporate universities in the world. The event brings together more than 1,000 young minds between the ages of 18 and 35 from all over the world to innovate and design sustainable solutions for the future. |
Press Release for Infosys digitizes and automates processes at Envision AESC's EV battery factories | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, and Envision AESC , a global leader in battery technology, announce a strategic partnership. As part of this collaboration, Infosys will support the development of a cloud-based platform to digitize and automate manual processes at Envision AESC's electric vehicle (EV) battery plants. In the first step, the cloud-based platform will digitize important processes that previously required a high degree of human intervention. Over the long term, Infosys helps increase productivity, improve end-to-end visibility, and simplify quality monitoring through data-driven reporting and analysis tools. In addition, the modular and extensible cloud-based platform will not only offer a rich user experience, but also enable scalable, resilient and predictable performance of business applications across different locations. Developed jointly by Infosys and Envision AESC, the platform leverages Infosys Cobalt 's AWS cloud components, a suite of services, solutions and platforms for businesses to accelerate their cloud evolution. |
Press Release for Infosys InStep named best internship program for five years | Infosys InStep, the internship program from Infosys (NYSE: INFY), one of the world's leading providers of next-generation digital services and consulting, has been recognized as the "Best Overall Internship Program" for the fifth consecutive year in the 2023 Vault Internship Rankings . This is the highest award given by the career information organization Vault Firsthand. This year the internships were carried out by 285 interns from different academic backgrounds, representing 143 universities and 34 nationalities. The ranking is based on the responses of more than 10,000 participants from 139 programs worldwide. InStep took first place in all subcategories: 100 other Practices, Best internship for the Tech & Engineering industry, Best internship in terms of remuneration, employment prospects, quality of tasks, quality of life, practical experience, general career development, networking opportunities and training & mentoring, Best Internship by Role for Information Technology, Software Engineering and Development, Strategy and Business Development, and Data Analysis, Best Internship for General Diversity, Diversity for Women, Diversity for LGBTQ+ People and Ethnic Diversity InStep is Infosys' global, fully paid internship program that has been in existence for over 22 years. It has placed over 3,000 interns from more than 200 universities and 50 nationalities. InStep offers its interns the opportunity to work in real-time on projects across all corporate functions and business areas including Strategic Engineering Group, Artificial Intelligence (AI), Cybersecurity, Corporate Strategy, Data Analysis, Sustainability, Alliances, Utilities, Financial Services and Marketing. In addition, the program offers a clearly defined career plan – last year more than 70 percent of eligible interns received a full-time offer. |
Press Release for More than $460 billion in additional revenue from better data practices, confidence in artificial intelligence (AI), and business integration | According to new research from the Infosys Knowledge Institute, the thought leadership and research arm of Infosys (NSE, BSE, NYSE: INFY), companies can generate over $460 billion in additional profits by adopting three things: Data practices improve, rely on artificial intelligence (AI) and integrate it into business operations. However, despite this high potential, many organizations fail to take action in these areas to convert data science into business value. The Infosys Data+AI Radar: Making AI Real study shows that while three out of four companies want to use AI in their business, most are new to the field and face significant challenges in scaling. 81 percent of those surveyed only introduced their first real AI system in the last four years, 50 percent in the last two years. However, according to the report, 63 percent of AI models operate with only basic functions, are controlled by humans and often cannot adequately address data validation, data practices and data strategies. Only 26 percent of those surveyed are very satisfied with their data and AI tools. |
Press Release for Infosys: Working with The Economist Educational Foundation to support sustainability education for young people | Infosys (NYSE: INFY), one of the world's leading providers of next-generation digital services and consulting, and The Economist Educational Foundation (TEEF), an independent charity, are expanding the social impact of The Sustainability Project. The aim is to enable the younger generation to discuss sustainability and make their voices heard. The Sustainability Project is a content and community platform from Economist Impact, supported by Infosys as Digital Innovation Partner. It aims to accelerate sustainability solutions and create a world-changing impact. TEEF was founded by employees of The Economist Group. Only two per cent of young people in the UK have the critical literary skills to tell if a piece of news is real or fake. It is therefore extremely important that they develop these skills in order to get an accurate picture of the modern world. Building on its commitment to the Sustainability Project, Infosys' partnership with TEEF will equip young people with critical thinking, communication skills and knowledge for today's world. As part of this commitment, TEEF is developing a series of six educational materials for 9-15 year olds on sustainability issues. These are intended to stimulate discussions on sustainability issues and provide a good understanding of major global challenges. Infosys, as part of its commitment to education and advancement for all people, is providing volunteers to help TEEF create these educational materials. The aim is to enable teachers to hold interactive sessions and encourage discussions for students on an international level. Students' opinions and ideas on these issues are curated by TEEF and published on The Sustainability Project's website. This creates a new series of TEEF content entitled "Youth Voices". By posting on The Sustainability Project, students have the opportunity to connect with thought leaders, international experts, academics and sustainability pioneers. |
Press Release for Cooperation: Infosys and Bpost improve IT security in the postal system | Infosys (NYSE: INFY), one of the world's leading providers of next-generation digital services and consulting, partners with Bpost . The aim of the cooperation is to secure the company's cloud environment and build a high level of cyber resilience for its mail delivery and logistics services. Bpost is the national postal company in Belgium, as well as a leading postal operator and growing parcel and omni-commerce logistics partner in Europe. The postal services industry is currently faced with complex cyber threats. Infosys is also partnering with Palo Alto Networks to identify and quickly respond to suspicious security incidents- a global leader in cyber security - Bpost with appropriate solutions. Infosys was able to safely accelerate Bpost's cloud transformation using its custom Cloud SecOps delivery model. The model takes advantage of the Infosys Cyber Next platform, enhancing the security of Bpost's Azure and AWS cloud. Benefits include 24/7 security monitoring, security analytics, threat intelligence, advanced security controls such as endpoint detection and threat response, vulnerability management, and deception management, among others. To respond quickly to security incidents, Infosys implemented Palo Alto Networks' Cortex XSOAR solution - which provides fully automated response plans and AI-powered forecasting, helping Bpost to prevent similar threats in the future. |
Press Release for Infosys acquires BASE life science | Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, is acquiring BASE life science , a leading technology and consulting company in the life sciences industry, in Europe. The acquisition underscores Infosys' commitment to powering global life sciences companies through cloud-first digital platforms and data. They thus generate better competitive opportunities and added value, since clinical studies and drug development can be accelerated and scaled. This, in turn, has a positive impact on people's lives and also leads to better health outcomes. BASE brings professionals from business, medicine, digital marketing, clinical, regulatory and quality to Infosys. The company is supported by a team of data science specialists - and is therefore at the forefront of the latest technological developments and trends. The focus is on data and artificial intelligence and the ability to link and integrate business logic and technology to generate insights for better health outcomes. |
Press Release for Infosys tops CRISIL's ESG scores for the second year in a row | Infosys (NSE, BSE, NYSE: INFY), one of the world's leading providers of next-generation digital services and consulting, has achieved the highest ESG score in the current " CRISIL Sustainability Yearbook, 2022 " for the second year in a row. The yearbook positions Infosys in the Leadership category with an overall score of 76 out of 100. The score was assigned on a scale of 1 to 100, with 100 being the best ESG performance in the class, with the company achieving 81 points on environmental parameters and 62 and 20 respectively. 80 points on the social and governance parameters. The CRISIL Report evaluated 586 companies from 53 sectors in India based on publicly available ESG information for the last three years (up to and including fiscal year 2021). Both quantitative and qualitative information from the companies were taken into account. The companies were evaluated based on the following parameters: Environmental – Greenhouse gas emissions, energy use, waste and pollution, water and land use Social – workforce and diversity, occupational/product safety, customer and supplier engagement, ease of access and reachability, and communities and society Governance – board performance and independence, concentration of ownership , track record of the Management, Shareholder Relations and Disclosure Practices/Statements |
Press Release for Infosys and TK Elevator announce strategic collaboration | Infosys (NSE, BSE, NYSE: INFY), one of the world's leading providers of next-generation digital and consulting services, and TK Elevator are entering into a strategic partnership. The global collaboration is planned for the next seven years and expands on the successful modernization of TK Elevator's IT infrastructure in Europe and Africa. TK Elevator, headquartered in Düsseldorf, is one of the leading providers of elevators. As part of the collaboration, Infosys will consolidate and harmonize global service desk and workplace operations. Infosys provides IT helpdesk services, digital workplace management and network services based on artificial intelligence (AI) - these are based on Infosys Cobalt-based automation framework. TK Elevator is thus able to become more resilient and digitally transform the IT infrastructure - and thus also improve the workplace experience. Infosys brings its deep industry expertise, IT infrastructure modernization capabilities, and strong global footprint to increase cybersecurity and improve the digital experience for end users at TK Elevator. In addition, the availability of the IT infrastructure is optimized and IT operating costs are reduced. |
Press Release for Infosys and Palo Alto Networks secure complex and mission-critical environments for global enterprises | Infosys (NSE, BSE, NYSE: INFY), one of the world's leading providers of next-generation digital and consulting services, and Palo Alto Networks , the world's leading provider of cybersecurity solutions, are collaborating. As part of the cooperation, they support large global organizations with business-critical digital environments in increasing their security and reducing the risk of cyber attacks on critical infrastructures. Infosys and Palo Alto Networks combine their respective expertise to accelerate the development of leading-edge network security solutions - delivered through Infosys' global network of security operations centers. Global customers include Mercedes-Benz. The Infosys Cyber Next platform offers comprehensive managed security services. Powered by Palo Alto Networks Cortex® XSOAR, the platform provides a high level of security to more than 35 global organizations via the Infosys Cyber Defense Center network. In addition, numerous companies worldwide rely on the advantages of Zero Trust-based access to resources both in the cloud and in the data center - this is made possible by the Infosys SASE-as-a-Service powered by Palo Alto Networks Prisma® SASE. For example, a leading global mining company headquartered in Australia used the solution to transform its security landscape, with the organization taking a cloud-first approach to cybersecurity. Another example is a US investment management company |
Press Release for Launch of Infosys Cobalt Financial Services Cloud: The industry-specific cloud platform supports companies in realizing the potential of cloud-driven transformation | Infosys(NYSE: INFY), one of the world's leading providers of next-generation digital and consulting services, announces the Infosys Cobalt Financial Services Cloud - an industry-specific cloud platform for companies in the financial services industry. This means that added business value and innovations can be achieved more quickly in the cloud. The Infosys Cobalt Financial Services Cloud is a secure, vertical cloud platform used by organizations worldwide to transform business processes and innovate rapidly. It enables organizations to accelerate cloud adoption and rapidly build cloud-native business platforms, driving business agility and growth, driving innovation, and delivering a personalized customer experience. The Infosys Cobalt Financial Services Cloud Platform offers: Security and compliance are built into the platform, Financial services specific assets, use case solutions and microservices along with reusable frameworks, blueprints and patterns. Ability to rapidly deploy cloud-native business platforms with composable components and services that leverage an open architecture. Low-code apps for use by business and citizen developers, and machine learning (ML) models that provide intelligence and an extension of financial services use cases. Accelerated cloud migration with tools, automation templates, and out-of-the-box services, plus the ability to run on a public cloud. Strong alliance partner ecosystem offered through Infosys Cobalt Cloud. Ability to create an integrated ISV and developer marketplace. |
Press Release for Infosys completes acquisition of oddity, a digital experience and marketing agency | Infosys (NSE, BSE, NYSE: INFY), one of the world's leading providers of next-generation digital and consulting services, has completed the acquisition of oddity, which was announced on March 22, 2022 . Oddity is a digital marketing, experiences and commerce agency headquartered in Germany. The acquisition strengthens Infosys' creative, branding and experience design capabilities and underscores the company's commitment to navigating its clients through digital transformation. Oddity brings with it a comprehensive service portfolio. This includes Europe-wide "digital-first" brand management and communication, in-house production - including virtual and augmented reality -, experience design and e-commerce services as well as experiences for the Metaverse. Infosys also recently acquired WONGDOODY , a creative and marketing services company. With the acquisition of the two companies, Infosys is now positioned to help global CMOs and digital commerce organizations thrive with complementary skills and expertise. As part of Infosys' digital experience and design offering, oddity will become part of WONGDOODY, joining its network of studios in Seattle, Los Angeles, New York, Providence, Houston and London, and design hubs in five cities in India. |
Press Release for Infosys is recognized by Ethisphere as one of the 2022 World's Most Ethical Companies for the second year in a row | Infosys (NSE, BSE, NYSE: INFY), one of the world's leading providers of next-generation digital services and consulting, has been recognized by the Ethisphere Institute as one of the 2022 World's Most Ethical Companies for the second year running . The Ethisphere Institute is a global leader in defining and promoting standards for ethical business practices. With this award, Infosys is the only organization in India and one of the four global award-winning companies in the software and services industry. In 2022, 136 prizewinners from 22 countries and 45 industries were honored. These companies were evaluated based on the Ethisphere Ethics Quotient® in multiple categories including culture, environmental and social practices, ethics and compliance, corporate governance, diversity and initiatives to support a strong value chain. |
- Downloads last month
- 0