Infosys Stock Price, News & Analysis

Infosys (NYSE: INFY) launched Infosys Cortex, a cloud-based customer engagement platform utilizing technology from Genesys and Google Cloud. The platform aims to enhance customer care operations through intelligence-driven communication and improved decision-making. Key benefits include up to a 40% improvement in agent performance, a 30% boost in customer satisfaction, and faster agent training. Cortex also integrates with Genesys Engage, enabling personalized interactions and operational efficiency. This initiative positions Infosys to support enterprises in enhancing customer experiences in a digital-first environment.

Infosys (NYSE: INFY) has launched an applied AI cloud as part of its Cobalt offering, powered by NVIDIA DGX A100 systems. This initiative aims to facilitate the rapid development of AI capabilities for over 100 project teams, enhancing the company's capacity to deliver AI-driven business processes. The AI cloud will allow access to AI hardware and software across private and public clouds, improving infrastructure efficiency. The collaboration with NVIDIA aims to help organizations build AI centers of excellence, addressing the need for strategic platforms to scale AI applications.

Infosys has achieved the Google Cloud Partner Specialization in data and analytics, becoming one of the top global system integrators with this recognition. The accreditation highlights Infosys's end-to-end capabilities on Google Cloud, covering aspects such as data ingestion, analysis, and warehousing. This specialization enhances the Infosys Cobalt offering, showcasing technical expertise and facilitating enterprises' migration to cloud solutions. The achievement positions Infosys to deliver optimized services and accelerate digital transformations for clients.

Infosys reported strong Q3 results with revenues of $3,516 million, reflecting 8.4% YoY growth. Digital revenues exceeded 50% of total revenue, growing 31.3% YoY. The company achieved its highest sequential growth of 5.3% in 8 years and large deal TCV reached a record $7.13 billion, with 73% as net new. Operating margin improved to 25.4%, and revenue guidance for FY 21 was raised to 4.5%-5.0%. Additionally, Infosys announced its commitment to an ESG vision by becoming carbon neutral, significantly ahead of the 2050 Paris Agreement target.

Infosys (NYSE: INFY) announced a definitive agreement to acquire assets and employees of Carter Digital, a leading experience design agency in Australia. This acquisition aims to enhance Infosys' global design capabilities and streamline its digital solutions for clients. Carter Digital's expertise in human-centered design and digital transformation will complement Infosys' existing services, including those from its brand WONGDOODY. The transaction is expected to close in Q4 of fiscal 2021, pending customary conditions.

Infosys (NYSE: INFY) announced the successful implementation of a global warranty solution on SAP S/4 HANA for Johnson Controls, enhancing customer-centricity and cost-efficiency. This solution integrates with legacy systems, streamlining factory warranty processes and improving asset visibility. With nearly 20 years of collaboration, Infosys aims to provide a digital-first experience for Johnson Controls' customers while supporting warranty claims efficiently. The project reflects Infosys's commitment to helping clients navigate digital transformations effectively.

Infosys, a leader in digital services, will announce its third-quarter results for the period ending December 31, 2020, on January 13, 2021, at 3:45 p.m. IST. A virtual press conference will follow at 4:30 p.m. IST, addressing media inquiries. The earnings conference call is set for 6:30 p.m. IST and will be open to investors and analysts globally. Participants can register via a provided link. This event will be streamed live and archived on the Infosys website for later access.

Daimler AG and Infosys (NYSE: INFY) have established a long-term strategic partnership to transform IT infrastructure within the automotive sector. This collaboration aims to enhance Daimler's IT capabilities while leveraging Infosys' expertise in automotive technology. Key initiatives include creating a hybrid cloud, carbon-neutral solutions, a Zero Trust network, and AI-powered workplace solutions. The transition will also include a workforce transition of automotive IT experts to Infosys, fostering growth in the automotive sector and providing career opportunities for Daimler employees.