Infosys Stock Price, News & Analysis

Infosys (NSE: INFY) announced a strategic collaboration with Amazon Web Services (AWS) on September 22, 2021, to develop quantum computing capabilities. This partnership will utilize Amazon Braket to create and explore quantum use cases in various sectors including logistics and finance. The collaboration enhances Infosys Cobalt, aimed at accelerating cloud services for enterprises. Infosys aims to prepare businesses for future quantum impacts, thereby fostering innovation and addressing complex computational challenges.

Infosys (NSE: INFY) announced a collaboration with ServiceNow to enhance enterprise-level service management solutions for manufacturing industries. This initiative aims to leverage Infosys Cobalt's industry cloud blueprints and ServiceNow's Operations Technology Management (OTM) to support digital transformation in manufacturing. The collaboration will improve resilience and efficiency in operations while extending services to other sectors such as consumer packaged goods and energy. Key executives highlighted the critical need for digital innovation to optimize supply chains and factory performance.

Infosys (NSE: INFY) announced a collaboration with Frost Bank to enhance its mortgage loan offerings. This partnership aims to modernize the bank's mortgage process from origination to servicing, improving customer experience and operational efficiency. Infosys will leverage its experience in transforming mortgage businesses and global best practices to support Frost Bank's expansion in this sector over the next five years. The initiative responds to consumer demands for integrated lending solutions, as emphasized by Frost Bank's CEO, Phil Green.

Infosys (NSE: INFY) has announced a strategic collaboration with SAP to provide Business Process Transformation-as-a-Service (BPTaaS) for enterprises. This partnership aims to leverage business process intelligence (BPI) to enhance transformation journeys by identifying obstacles and creating actionable roadmaps. Infosys will integrate its Industry Cloud solutions with the RISE with SAP offering to reduce complexity and improve customer experiences. The collaboration aims to enhance process governance and drive down costs through continuous improvements.

EdgeVerve Systems, a subsidiary of Infosys (NSE: INFY), announced the launch of AssistEdge 19.0 on Sept. 14, 2021. This updated automation platform aims to support large process automation within enterprises by enhancing process visibility and integrating AI technologies. Key features include low-code platforms for citizen developers, end-to-end orchestration, and contextual data discovery. The goal is to enable organizations to build customizable customer journeys while leveraging intelligent automation and human expertise.

Uniphore has appointed Ritesh Idnani as Chief Revenue Officer (CRO) to lead global sales and partnerships. Idnani brings over 25 years of experience in technology and customer experience. Previously, he managed a $1.4 billion portfolio at Tech Mahindra, achieving 7-8 times industry growth. During his 12+ years at Infosys, he significantly scaled revenue from $100 million to $8 billion. His leadership is expected to enhance Uniphore's ability to capitalize on opportunities in Conversational Automation.

Infosys has launched Infosys Equinox, a cloud-native digital commerce platform designed to enhance omnichannel experiences for B2B and B2C buyers. This API-first, microservices-based platform allows enterprises to customize digital journeys quickly, thereby supporting $15B+ in annual eCommerce gross merchandise value. Its features include customer experience excellence, scalability, and integrated marketing capabilities. Prominent companies like Kraft Heinz and Young Living leverage Equinox for rapid site launches and hyper-personalization, addressing the growing demands of modern digital commerce.

Infosys Public Services has secured a contract with Manitoba Public Insurance (MPI) to modernize driver licensing and vehicle registration for over 900,000 residents in Manitoba. This initiative will utilize the Infosys Celtic Vehicle and Licensing Solution, which features interoperable modules for various motor vehicle agency functions. The project aims for a digital transformation using a hybrid agile approach to enhance service efficiency while ensuring minimal disruption. The collaboration is expected to reduce operational costs and improve customer experiences across the province.