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) 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.
Infosys (NYSE: INFY) has been recognized as a Leader in Everest Group's PEAK Matrix® for Cloud-native Application Development Service Providers 2020. The report highlights Infosys' capabilities in enhancing digital transformation and agile processes for clients. Key strengths include a design thinking approach, a mature set of tools, and a strong team of domain experts. Infosys is noted for its collaborative initiatives and extensive partnerships that bolster client engagement. This recognition underscores Infosys' role in enabling clients to develop resilient cloud-native applications and drive innovation.
Infosys (NYSE: INFY) launched Infosys applied AI, a solution aimed at helping enterprises implement AI effectively. This offering combines AI, analytics, and cloud technology to enhance business operations and customer experiences. Companies can utilize ready-to-deploy AI solutions tailored to their specific needs, and also create custom solutions through a collaborative ecosystem. The service provides businesses tools to manage AI risks and focuses on building resilience and smart innovations that align with current digital transformation trends.
Infosys and Arizona State University (ASU) have formed a strategic partnership to enhance the learning experience for engineering graduate students, launching in Spring 2021. This initiative allows students in on-campus and remote classes to utilize the Infosys Wingspan platform, gaining technical certifications and practical project experience. The program aims to prepare graduates for competitive job markets, equipping them with skills to address industry challenges. Additionally, newly admitted master's students in selected programs will receive a scholarship for a year of free access to the Wingspan platform.
Infosys (NYSE: INFY) announced the successful implementation of Oracle Utilities Customer to Meter (C2M) at Citizens Energy Group in Indianapolis, enhancing customer experience and productivity. This two-year program involved business process standardization and integration with Edge systems, marking it as one of the world's first Oracle C2M transformations. Infosys utilized its North America Innovation Hub and proprietary solutions for the transition. The upgrade is expected to improve customer service efficiency significantly.
Infosys (NYSE: INFY) announced that its InStep global internship program has been ranked number one in the 'Best Overall Internship Program' category by Vault.com for the third consecutive year. The program also received top ranks in multiple subcategories, including Best Internship for Tech and Engineering, and Best Internship for Quality of Life. InStep participants praised the program for career advancement, networking, and international opportunities, despite being conducted in a hybrid model due to the pandemic. Over 186 interns from 19 countries participated in the FY 20-21 program.
Infosys (NYSE: INFY) has been recognized as a Leader in the Everest Group ServiceNow Services PEAK Matrix® Assessment 2021, highlighting its expertise in delivering comprehensive ServiceNow solutions. The report emphasizes Infosys' strong IP tools and accelerators, including the Enterprise Service Management Café, which accelerates implementation timelines by 40-50%. The company is noted for its high client satisfaction scores and extensive capabilities across various ServiceNow services, showcasing its commitment to transformative service management.
Infosys (NYSE: INFY) has acquired Blue Acorn iCi, a renowned customer experience and analytics company, for $125 million. This acquisition enhances Infosys's end-to-end offerings in commerce and analytics, building on Blue Acorn iCi's accolades, including being named Adobe Emerging Solution Partner of the Year. The integration aims to leverage Blue Acorn iCi's expertise to drive digital transformation for enterprises. This partnership is expected to boost Infosys's capabilities in handling direct-to-consumer services and strengthen its market position.
Infosys announced its ESG Vision 2030, emphasizing commitments to climate change, diversity, and community development. The company is now carbon neutral, following PAS 2060 standards, and significantly reduced per capita electricity consumption by over 55%. In FY2020, 44% of its electricity came from renewables. Current initiatives aim to empower over 10 million people digitally and maintain a workforce with at least 45% women employees. Infosys' substantial investments in community projects total over $55 million annually.