Infosys Stock Price, News & Analysis

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.

Infosys announces the establishment of a new digital development centre in Mississauga, Canada, set to create 500 jobs over the next three years. The centre aims to enhance digital skills in areas like artificial intelligence and machine learning to support Canadian businesses in their digital transformation. This initiative is part of Infosys' commitment to double its Canadian workforce to 4,000 employees by 2023. The company has already created thousands of jobs across various Canadian cities and collaborates with local educational institutions to bolster tech talent.

Infosys has launched Infosys Living Labs, facilitating digital innovation for over 100 global enterprises. This service provides on-demand digital infrastructure, enabling rapid experimentation and strategic innovations. Notable outcomes include improved sales for an American investment firm and a cloud-powered sorting system for a European mail service, enhancing operational efficiency. The initiative supports enterprises in adapting to market trends, driving recovery and growth in today's dynamic environment.

Infosys (NSE: INFY) has renewed its strategic collaboration with Select Portfolio Servicing Inc (SPS) to implement a Cobalt-powered infrastructure as a service (IaaS) solution, in partnership with Hitachi Vantara. This five-year engagement will enhance SPS's hybrid cloud, infrastructure services, and application services. The collaboration aims to design and automate a resilient private cloud infrastructure, maximizing data center flexibility and disaster recovery. Key executives from both companies express excitement over the partnership's potential to drive innovation and operational efficiency.

Infosys has launched new Enterprise Agile DevOps capabilities that aim to enhance customer focus and innovation. A recent study revealed that 74% of business leaders prioritize product management, and companies adopting seven Agile levers have a 63% higher growth chance. Key features include product-centric value delivery and data-centric live engineering. Notably, Syngenta Group reported significant improvements in service delivery and cost reduction after partnering with Infosys. The emphasis is on building Agile frameworks that accelerate digital transformation across various industries.