Welcome to our dedicated page for Infosys news (Ticker: INFY), a resource for investors and traders seeking the latest updates and insights on Infosys stock.
Infosys Limited reports recurring developments in AI-first business consulting, technology services, digital transformation and enterprise modernization. Company news commonly covers Infosys Topaz, its generative and agentic AI offering, Infosys Topaz Fabric for agentic services, and Infosys Cobalt for cloud services, solutions and platforms.
Updates also include strategic collaborations with technology, education, sports and enterprise customers; work for financial-services clients; software engineering and legacy modernization initiatives; digital fan-engagement platforms; brand and partnership announcements; and operating or financial results. Infosys serves clients through a global IT services model that includes consulting, cloud, AI, infrastructure, software delivery and business process outsourcing.
Infosys (NYSE: INFY) announced findings from its Cloud Radar 2021 study, revealing that companies can gain up to $414 billion in new profits annually through effective cloud adoption. The study emphasizes that achieving financial benefits requires at least 60% of systems to be in the cloud. Key drivers for profit growth include speed to market, enhanced capabilities, and new revenue sources. Despite significant progress, less than 20% of enterprises have crossed the 60% cloud threshold, with plans for an increase to over 40% by 2022.
Infosys (NYSE: INFY) has been selected by Britvic, a leading European soft drink company, as a strategic partner to enhance Britvic's digital transformation. This collaboration will focus on streamlining operations across Applications, Cloud Infrastructure, and Service Management, utilizing Infosys Cobalt to improve service delivery through automation and analytics. Senior Vice President Ambeshwar Nath emphasized the company’s commitment to driving innovation in the consumer goods sector. Britvic aims to leverage this partnership to achieve more agility and enhanced digital capabilities.
Infosys (NYSE: INFY) has partnered with bp to create an integrated Energy-as-a-Service (EaaS) solution aimed at enhancing energy management across campuses. The collaboration focuses on leveraging bp's energy expertise and Infosys' digital capabilities to optimize energy usage and reduce emissions. Following a pilot project at Infosys' Pune campus, the solution will be expanded to other locations. Infosys achieved carbon neutrality in 2020, aligning with bp's ambition for net zero by 2050, as both companies aim to revolutionize energy management through digital innovation.
Infosys reported a 12%-14% revenue growth guidance for FY22, alongside a strong FY21 performance. The company achieved a 5.0% CC growth and a record $14.1 billion in large deal TCV, with a 66% share from net new deals. Operating margins increased by 3.2% to 24.5%, and free cash flow soared by 38.5%. The Board announced a capital return of ₹15,600 crore ($2.08 billion), including a final dividend of ₹6,400 crore ($0.85 billion) and a buyback of ₹9,200 crore ($1.23 billion).
Infosys (NYSE: INFY) has announced a long-term strategic partnership with ArcelorMittal to enhance the steel company's digital transformation efforts in Europe. This collaboration aims to optimize ArcelorMittal's IT landscape and establish a Business Process Management (BPM) service within its shared services center. The partnership is expected to strengthen Infosys' presence in Europe and enable synergies across ArcelorMittal's global operations. Executives from both companies expressed optimism about the benefits this collaboration will bring in driving efficiency and operational excellence.
Infosys (NYSE: INFY) will announce its fourth quarter and annual results for the fiscal year ending March 31, 2021, on April 14, 2021, at 3:45 p.m. IST. Following the results announcement, a press conference will be held at 4:30 p.m. IST, streamed live on the company's Investor Relations website. An earnings call is scheduled for 6:00 p.m. IST, open to investors and analysts. Detailed dial-in information and registration for the call are provided in the press release. The results and further details will be archived on the Infosys website after the events.
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Infosys (NYSE: INFY) and LivePerson (Nasdaq: LPSN) have partnered to enhance AI-powered conversations for brands via various messaging channels. This collaboration will leverage Infosys Cobalt and LivePerson’s Conversational Cloud to improve customer engagement and employee communication. The strategic focus areas include direct-to-consumer conversations and internal messaging experiences, which promise improved business performance, with studies indicating up to 20% increases in order value and 50% lower labor costs. This partnership aims to redefine customer experiences and support brands in achieving better outcomes.
Infosys BPM has announced a five-year extension of its collaboration with Newmont Corporation to standardize and digitize delivery models across mine sites. This partnership aims to leverage automation and AI to enhance operational excellence and deliver greater business value. Key initiatives include improved invoice processing and real-time visibility into performance metrics through an analytics-driven platform. Both companies anticipate significant productivity improvements and cost savings from this strategic engagement, underscoring Infosys BPM's commitment to digital transformation in mining.
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