Infosys Stock Price, News & Analysis

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.

Infosys (NYSE: INFY) has announced a partnership with El Paso Water to transform the utility's legacy customer information systems using Oracle Utilities Customer to Meter (C2M). The project aims to enhance customer experience and automate processes through the implementation of Infosys' Preconfigured Accelerator for Customer Experience (PACE). This strategic move will modernize EPWater's IT landscape, ensuring better audit control and financial transparency. The collaborative effort is projected to improve efficiency and customer satisfaction significantly.

Infosys (NYSE: INFY) has launched the Infosys Modernization Suite as part of Infosys Cobalt, aimed at accelerating enterprise modernization. The suite offers over 40 services and optimizes legacy system upgrades while enhancing customer experience. Key benefits include a 40% reduction in development efforts, 20-40% faster time-to-market, and 15-30% lower modernization costs. It features integrated platforms for cloud migration, tech migration, and database migration, serving over 600 clients worldwide.

Infosys (NYSE: INFY) and HFS Research released a report titled 'Nowhere to Hide,' examining the impact of COVID-19 on businesses. The study reveals that nearly 70% of Global 2000 executives believe the pandemic will have a greater effect than the 2008 financial crisis. Key findings include a push for digital transformation, with over 60% of enterprises accelerating their initiatives. The report emphasizes the importance of adapting business models and investing in IT to remain competitive in this evolving landscape.

Infosys (NYSE: INFY) has entered a strategic partnership with Rolls-Royce to provide engineering and R&D services for the Civil Aerospace sector in India. This collaboration involves transitioning significant engineering capabilities from Rolls-Royce's Bengaluru center to Infosys. The partnership aims to leverage Infosys' expertise in digital transformation and engineering services, enhancing Rolls-Royce's operational efficiency. Rolls-Royce emphasizes India's role in its engineering ecosystem, while Infosys aims to integrate advanced digital capabilities.

Infosys (NYSE: INFY) and the ATP have announced a three-year renewal of their partnership, continuing Infosys as Global Technology Services Partner through 2023. Since 2015, Infosys has been pivotal in developing digital assets for the ATP, enhancing fan experiences through technologies like AI and data analytics. Notable projects include ATP PlayerZone and ATP Stats. The renewal aims to push digital innovation and deliver deep insights into tennis through initiatives like 'Flashback 50' to celebrate the Nitto ATP Finals' 50th anniversary.

On November 17, 2020, Infosys (NYSE: INFY) announced a partnership with the Ellen MacArthur Foundation to advance the circular economy. This collaboration follows the launch of Infosys's Sustainable Business Unit, focused on integrating circular designs into products and supply chains. As a new member of the Foundation's Network, Infosys aims to align its Live Enterprise Suite with the Foundation's Circulytics tool, a performance measurement system for circular economy practices. Additionally, Infosys recently achieved PAS 2060 carbon neutrality, supporting its commitment to sustainability.