Infosys Stock Price, News & Analysis

Infosys, recognized as the fastest-growing IT services brand, saw its brand value surge by 52% year-on-year to $12.8bn, according to Brand Finance's Global 500 2022 report. The company rose by 56 ranks, reflecting significant growth in market position. Over the last two years, its brand value has increased by 80%. Infosys attributes this success to increased digital adoption by clients and strategic investments in digital transformation initiatives. The company's focus on innovation and its ESG commitments mark it as a leading digital transformation partner.

Infosys reported strong Q3 performance with 7.0% sequential growth and 21.5% year-on-year growth in constant currency. Revenues hit $4.25 billion, a 20.9% YoY increase, while digital revenues accounted for 58.5% of total sales, growing 42.6% YoY. The company achieved a healthy operating margin of 23.5% and total contract value of $2.53 billion in large deals. Free cash flow stood at $719 million, reflecting a YoY decline of 6.9%. The revenue guidance for FY22 was upgraded to 19.5%-20.0%. Notable partnerships were announced with companies like Daimler and bp to enhance digital transformation efforts.

Infosys has extended its digital innovation partnership with Tennis Australia until 2026, enhancing fan engagement and digital experience at the Australian Open. The partnership aims to utilize Big Data, AI, Virtual Reality, and Cloud technologies to deliver improved broadcast statistics, innovative digital tools, and greater access for underprivileged communities. Key initiatives include new match statistics, enhanced mobile app features, and advanced coaching tools for players. This collaboration continues from three successful years and is aimed at making tennis accessible for all.

Infosys collaborates with Packable to enhance its proprietary technology for brands in e-commerce. This partnership integrates Infosys's Equinox platform with Packable's technology, known as Packable IQ, creating a robust D2C-in-a-box solution. The collaboration aims to improve consumer engagement and optimize e-commerce operations, enabling brands to launch tailored D2C journeys rapidly. Packable, which is pursuing a merger with Highland Transcend Partners (HTPA), anticipates that this strategic alliance will bolster revenue growth and profitability for its brand partners.

Infosys (NYSE: INFY) has partnered with the Financial Times (FT) as its Digital Innovation Partner. This collaboration aims to foster innovative digital journalism through immersive storytelling and data-led experiences. Key initiatives planned for 2022 include a climate change simulation and a crossword app, aimed at enhancing reader engagement. FT's Director of Strategic Partnerships highlighted the potential to reach a broader audience, while Infosys emphasized setting new standards in news delivery. The FT boasts over one million paying readers, with a strong digital subscription base.

On December 1, 2021, Infosys (NSE: INFY) announced an extension of its partnership with Proximus, Belgium's leading digital services provider. This collaboration focuses on digitally transforming and maintaining Proximus' IT applications through advanced AI and automation. Infosys will manage the development and operations of these applications, aiming to support Proximus' digital initiatives and cost reduction efforts. The collaboration, existing for over 24 years, highlights both companies' commitment to enhancing digital capabilities in a sustainable manner.

Infosys (NSE: INFY) announced that its InStep internship program has been recognized as the 'Best Overall Internship Program' in the 2021 Vault Internship Rankings for the fourth consecutive year. The program excelled in categories such as Tech and Engineering, Compensation, and Diversity. Over 250 interns from diverse backgrounds participated virtually due to the pandemic, with a high percentage receiving full-time job offers after the program. Chief Operating Officer Pravin Rao highlighted the commitment to talent development through meaningful work and digital platforms.

Infosys, a global leader in digital services, announced a partnership with Daimler to transfer its High-Performance Computing workloads to Lefdal Mine Datacenter in Norway, one of Europe's most eco-friendly data centers. This collaboration supports Daimler's sustainability initiative, 'Ambition 2039', aiming for CO2 neutrality by 2039. The Lefdal facility is powered entirely by renewable energy, significantly reducing the carbon footprint associated with high-performance computing. Infosys' 'Green Data Center as a Service' offering showcases a scalable solution for businesses looking to decarbonize.