Tag Archive for INFOSYS

Infosys to Open Technology and Innovation Hub in Connecticut and Create 1,000 Jobs by 2022

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced that it will open its next Technology and Innovation Hub in Hartford, Connecticut and hire 1,000 American workers in the state by 2022.

 

The Connecticut Technology and Innovation Hub will have a special focus on insurance, healthcare and manufacturing. It will bring Infosys closer to its Connecticut clients and serve as the global hub for Infosys’ InsurTech and HealthTech efforts. Infosys’ investment in Connecticut is a continuation of the company’s commitment to accelerate innovation for American enterprise by amplifying top local talent with the best global talent and shrink the IT skills gap in the marketplace.

 

“Today marks yet another landmark day in Connecticut’s economic development efforts, at a time when our investments are bringing new life and vigor to our Capital City,” Governor Dannel P. Malloy said. “I am thrilled to welcome Infosys to Connecticut and congratulate them on their decision to establish a Technology and Innovation Hub in Hartford. Connecticut’s tremendous assets and talent pipeline continue to attract high caliber companies to the state, and I look forward to the value that Infosys will bring to our business community.” Read more

Infosys Announces its Intent to Voluntarily Delist from Euronext Paris and Euronext London Exchanges

Share/Bookmark

By Vivek K Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Infosys (NYSE: INFY; BSE, NSE: INFY) today announced its intention to voluntarily delist its American Depositary Shares (“ADS”) (ISIN US4567881085) from the Euronext Paris and Euronext London exchanges. The primary reason for seeking the proposed delisting is the low average daily trading volume of Infosys ADS on these exchanges, which is not commensurate with the related administrative requirements. During the 5-year period of the company’s listing on Euronext Paris and Euronext London, the average daily trading volume of the company’s ADS was significantly lower than its average daily trading volume on the New York Stock Exchange (NYSE). The proposed delisting is subject to approval from Euronext Paris S.A. and Euronext London Limited. There will be no change to the Infosys share/ADS count, capital structure and float, as a result of the proposed delisting from the above exchanges. Infosys ADS will continue to be listed on the NYSE under the symbol “INFY” and investors can continue to trade their ADS on the NYSE as before. Read more

Infosys Recognized as a Leader in Digital Marketing Services by NelsonHall

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services today announced that it has been positioned as a Leader in the 2017 NelsonHall NEAT vendor evaluation for Digital Marketing Services. Infosys has been acknowledged for its prowess in delivering immediate client benefits and ability to meet timely client requirements.

 

The NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyzed the performance of 11 vendors offering digital marketing services and their ability to anticipate future client requirements. Infosys has been ranked as a Leader for its next generation digital transformation services. Read more

Infosys Research: Digital Disruption is Steering Enterprises from Core Modernization to Delivering Customer Delight

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Infosys (NYSE: INFY), a global leader in consulting, technology, and next-generation services, today released global research that provides insights into how and why organizations are adopting and investing in new digital technologies and strategies. The research report ‘How enterprises are steering through digital disruption’, was compiled by interviewing 1,000 senior IT and business decision makers in organizations across seven countries.

Currently, enterprises are using digital technologies across a variety of areas in their core IT management (79 percent), business process management (60 percent) and customer relationship management (62 percent). This establishes digital-ready enterprises as those that are continuously investing in reinventing their businesses from the core including processes and systems, with as much enthusiasm as their customer touchpoints and journeys. The research also found that respondents’ organizations are looking to utilize digital technologies (if they haven’t already) across knowledge management (33 percent), operational intelligence (31 percent) and product development (28 percent).

Disruptive digital technologies continue to equip enterprises to consume and analyze data to improve business, both by reimagining processes and experiences. 67 percent of organizations that participated in the study are leveraging big data analytics. Over half of these organizations have already made investments in deep learning algorithms of AI.

The research also revealed that customer centric technology investments are among the top three priorities for all industries except Manufacturing and CPG. Life Sciences leads the way (86 percent investing in technology for patient centricity during clinical trials), followed by Retail (79 percent investing in augmented reality for virtual stores) and Banking (75 percent investing in opti-channel for better customer experience). These technologies are also among the top priorities in Insurance (to encourage insurance buying behavior), Utilities (for omnichannel customer engagement), healthcare (to predict onset of health conditions) and Automotive (for connected cars). Read more

Infosys Foundation Signs MoU with Kailash Satyarthi Children’s Foundation

Share/Bookmark

By  Vivek K.  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Infosys Foundation, the philanthropic arm of Infosys, has signed a Memorandum of Understanding (MoU) with the Kailash Satyarthi Children’s Foundation for a grant to create a child-friendly village focused towards improving children’s health, providing education and creating a non-violent environment. Infosys Foundation will disburse this grant over the next three years.

The Kailash Satyarthi Children’s Foundation (KSCF), a non-profit organization, envisions a world where every child is free, safe, healthy, educated and has the ability to discover their potential. Kailash Satyarthi has been at the forefront of the global movement to end child slavery and exploitative child labour and was jointly awarded the Nobel Peace Prize in 2014.

This project will be aimed at creating:

·         Child labour free villages

·         Benefits for 10,000 children, women and youth through education, vocational training and career counselling Read more

Infosys Research: Business Leaders Adapt as Enterprise AI Moves Beyond Experimentation

Share/Bookmark

By  Vivek K.  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Infosys (NYSE: INFY), a global leader in consulting, technology, and next-generation services, today released global research on the impact artificial intelligence (AI) technology implementations in the enterprise are having on return-on-investment (ROI), the workforce and organizational leadership. The research report, Leadership in the Age of AI, surveyed more than 1,000 business and IT leaders with decision-making power over AI solutions or purchases at large organizations across seven countries.

 

The research findings point to a fundamental shift in how enterprises operate as AI takes hold. Enterprises are moving beyond the experimentation phase with AI, deploying AI technologies more broadly and realizing benefits across their business. According to the survey, 73 percent of respondents agreed or strongly agreed that their AI deployments have already transformed the way they do business, and 90 percent of C-level executives reported measurable benefits from AI within their organization. Additionally, the data showed organizations are taking steps to prepare employees and business leaders for the future of work, with 53 percent of respondents indicating that their organization has increased training in the job functions most affected by AI deployments.

 

Mohit Joshi, President, Infosys: “While it’s fair to say that, like most promising new technologies, there has been a tremendous amount of hype around AI, it turns out that the vast majority of enterprises with AI deployments are realizing clear and measureable results. AI, as the research shows, is becoming core to business strategy, and is compelling business leaders to alter the way they hire, train and inspire teams, and the way they compete and foster innovation. Industry disruption from AI is no longer imminent, it is here. The organizations that embrace AI with a clearly defined strategy and use AI to amplify their workforce rather than replace it, will take the lead, and those that don’t will fall behind or find themselves irrelevant.” Read more

Infosys Partners with A.S. Watson Group for Technology and Digital Transformation Initiatives

Share/Bookmark

By  Vivek K   Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced a strategic partnership with the A.S. Watson Group (ASW), the world’s largest international health and beauty retailer, to accelerate ASW’s digital transformation initiatives. Infosys has been appointed as an Official Technology Partner by the A.S. Watson Group to provide technology services across Data Science and Artificial Intelligence. This collaboration is part of ASW’s Technology Partnership Program, which is aimed at developing strategic partnerships to support the company’s long term goals.

The partnership is aligned with ASW’s customer strategy, DARE – to be Different, Anywhere, build Relationships and offer unique Experiences. Infosys’ solutions, services and technologies will accelerate ASW’s next-generation digital marketing platform, build robust AI and Machine Learning frameworks for ASW’s customer centric analytics, optimize operational efficiencies, improve scalability and reusability across business units.

Malian Ngai, Group Chief Operating Officer of A.S. Watson Group, explained why the company introduced the partnership approach, “We believe every technology partner whom we have chosen to work with is more than just a vendor. Traditional client-vendor relationships are short-term, lack transparency and continuity. The Partnership Program is designed to transform the short term contractual relationship to a longer term strategic relationship to create a win-win for both parties. The appointment of our first batch of worldwide Tech Partners shows our determination to accelerate our digital transformation, enabling the A.S. Watson Group to build on our solid retail foundation to fuel further growth through a smarter and more efficient organization. Our purpose of putting customer first and putting a smile on their faces continues. We recognize that our customers are changing rapidly and technology has become an ever more critical ingredient to deliver our purpose.” Read more

Gartner Positions Infosys as a Leader in Magic Quadrant for Application Testing Services

Share/Bookmark

By  Vivek K. Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services today announced that Gartner, Inc. has positioned Infosys as a Leader in its Magic Quadrant for Application Testing Services, World Wide (Europe, Middle East and Africa, North America and Asia Pacific).

The Gartner Magic Quadrant assessed 18 leading application testing service providers and evaluated vendors that provide Application Testing Services on two primary criteria – ‘completeness of vision’ and ‘ability to execute’. This is the third consecutive time Infosys has been positioned as a Leader in the report.

Infosys Validation Solutions (IVS) helps companies in their digital transformation journey by delivering enterprise digital assurance through engineering-led QA. IVS delivers end-to-end test automation solutions and domain-specific IP for its clients, enabling them to increase customer engagement. Read more

Infosys to Announce Third Quarter Results on January 12, 2018

Share/Bookmark

By  Vivek K  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Infosys Limited (NSE, BSE, NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, will announce the results for its third quarter ended December 31, 2017 on Friday, January 12, 2018 around 3:45 p.m.Indian Standard Time (IST) (5:15 a.m. US ET; 2:15 a.m. PST; 10:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time). The results will also be available on www.infosys.com. Read more

Proximus Partners with Infosys to Simplify and Digitize its Enterprise Solutions Ecosystem to Provide Superior Customer Experience

Share/Bookmark

By  Vivek K   Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Infosys, a global leader in consulting, technology and next-generation services today announced that it has been selected by Proximus, the largest telecommunications company in Belgium, to implement Excite – a business transformation program aimed at delivering superior digital customer experiences for its enterprise clients. The multi-year program will strengthen Proximus’ leadership in the professional services market by replacing legacy IT systems, streamlining processes and deploying advanced tools for quoting, selling, ordering, billing, invoicing and more.

As part of this program, Infosys has been entrusted with the joint overall responsibility and ownership of the Greenfield Excite program, which includes simplifying and remodelling the company’s portfolio of products for the professional services market, realigning business processes and organization around it, and digitizing business transactions. To achieve this, the program will consolidate more than 40 legacy IT systems into six new robust platforms to enable better product lifecycle management. Read more