Infosys Stock Price, News & Analysis

Infosys (NYSE: INFY) will announce its second-quarter results on October 14, 2020, at 3:45 p.m. IST. A virtual press conference will follow at 4:30 p.m. IST, where executives will address media questions, streamed live on their website. Additionally, a 60-minute earnings conference call will occur at 6:00 p.m. IST, open to investors and analysts worldwide. The company invites early registration for the call and will archive both the call and the conference on their website.

Infosys (NYSE: INFY) has successfully completed the acquisition of GuideVision, a prominent ServiceNow Elite Partner in Europe. This strategic move enhances Infosys' digital capabilities and strengthens its Cobalt portfolio of cloud services. With GuideVision's specialized tools like SnowMirror and training capabilities in multiple European locations, Infosys aims to advance cloud-first digital transformation for over 100 enterprise clients. This acquisition builds on Infosys' recognition as a leading Global Service Provider Partner of the Year from ServiceNow in both 2019 and 2020.

BENGALURU, India, Sept. 28, 2020 /PRNewswire/ -- EdgeVerve Systems, a subsidiary of Infosys, has partnered with Minit, a leader in process mining, to enhance operational efficiency for clients. This partnership aims to create a solution that combines AssistEdge Discover's process discovery capabilities with Minit's process mining, enabling businesses to identify inefficiencies and optimize automation success. This collaboration is anticipated to provide enterprises with actionable insights for business transformation, driving sustained growth and improved performance.

On September 28, 2020, Infosys (NYSE: INFY) and the French Tennis Federation unveiled new digital innovations for the 2020 Roland-Garros tournament. These enhancements enhance the fan experience through AI-powered analytics and cloud-based services, facilitating virtual interactions for millions of fans. Key features include an AI Match Centre, AI Coaching on the Players App, and AI-assisted journalism tools, all aimed at improving engagement and match analysis. The tournament runs from September 21 to October 11, 2020.

Infosys (NYSE: INFY) has been selected by Essential Utilities as a strategic partner for digital transformation. The collaboration will implement SAP S/4HANA and Customer Relationship Management for Utilities, enhancing operational efficiencies and user experiences. Essential Utilities serves 5 million people across 10 U.S. states and aims to improve customer service and operational insights through this partnership. Notable leaders from both companies expressed their excitement for the venture, highlighting its significance in the utilities sector.

Infosys (NYSE: INFY) announced its agreement to acquire GuideVision, a leading consulting partner for ServiceNow in Europe, enhancing its cloud services portfolio. The acquisition aims to strengthen Infosys' nearshore delivery capabilities across Europe, particularly in the Czech Republic, Hungary, Poland, Germany, and Finland. GuideVision's proprietary tools, such as SnowMirror, will complement Infosys Cobalt offerings. This strategic move is expected to close in Q3 of fiscal 2021, further improving Infosys' service management solutions.

Infosys, a leader in consulting and technology, announced plans to hire 500 additional tech workers in Rhode Island by 2023. The announcement was made alongside Governor Gina Raimondo and Secretary Stefan Pryor. This hiring is part of a broader commitment to recruit 12,000 workers nationally, totaling 25,000 positions. The new hires will support various tech roles, utilizing Infosys' Reskill & Restart program, aimed at reskilling those affected by the COVID-19 pandemic.

Infosys (NYSE: INFY) announced a commitment to create 12,000 new jobs in the U.S. over the next two years, raising its total hiring pledge to 25,000 jobs by 2022. This initiative aims to bolster the workforce amid economic challenges posed by the COVID-19 pandemic. The company plans to focus on hiring experienced technology professionals and recent graduates, facilitating their transition through training programs like the Reskill and Restart initiative. Infosys aims to enhance its presence in the U.S. as digital transformation accelerates.

Infosys (NYSE: INFY) has announced a five-year partnership with Genesys to enhance customer experience (CX) solutions. The collaboration aims to create innovative contact center offerings by combining their expertise and capabilities. Infosys will support R&D and operations for Genesys PureConnect™, while Genesys manages sales and marketing. This partnership comes amid rising demand due to the COVID-19 pandemic, allowing both firms to leverage AI and hybrid technologies for enhancing customer interactions. The partnership strengthens both companies' market positions in CX solutions.