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 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.
Infosys (NYSE: INFY) has launched the Cognitive Email Workbench, an AI-driven solution aimed at enhancing helpdesk operations and query management. Developed in partnership with Blue Prism, this tool leverages AI, Natural Language Processing, and Optical Character Recognition technologies. It enables enterprises to automate email responses, improve customer interactions, and increase productivity. The solution allows companies to focus on critical requests, thus streamlining customer service processes. This initiative demonstrates Infosys's commitment to driving intelligent automation across industries, reflecting its ongoing digital transformation efforts.
Infosys (NYSE: INFY) announced the launch of Infosys Cobalt, a comprehensive suite of cloud-powered services designed to accelerate enterprise transformation. This initiative includes over 14,000 cloud assets, enabling businesses to respond swiftly to market changes. With more than 200 pre-defined cloud solution blueprints and a commitment to security and compliance, Infosys Cobalt aims to boost innovation and speed-to-market. The initiative will also enhance collaboration among various stakeholders, including startups and academic institutions, thereby fostering a robust cloud community.
Infosys (NYSE: INFY) was recognized as a Leader in Gartner's May 2020 Magic Quadrant for Oracle Cloud Applications Services, indicating its ability to deliver effective cloud solutions. This validation highlights Infosys' commitment to customer success and its innovative approach towards Oracle services. The evaluation, which assessed 19 providers on vision and execution, found Infosys performing well in the market. Client testimonials from Harmonic and DNV GL underscore the company’s capability and successful project implementations, further reinforcing its market position.
Infosys (NYSE: INFY) has been certified as a Great Place to Work® in the United States, reflecting its strong workplace culture as determined by the Trust Index™ Survey. This certification, which verified that 70% of employees experience a positive work environment, emphasizes Infosys' commitment to employee development and hiring. Since 2017, over 13,000 employees have been hired, and six digital centers were opened in various locations. The company also launched the Reskill and Restart program to help workers affected by the COVID-19 pandemic.
Infosys (NYSE: INFY) has been chosen by Consolidated Edison Company to lead a digital transformation of their customer service systems over the next four years. This initiative aims to enhance customer service experience by implementing a comprehensive utility-focused Customer Service System. The project will provide Con Edison with modern, flexible solutions that address regulatory and technological challenges. Infosys will offer full program management and support throughout the deployment process, ensuring the system meets evolving business requirements.
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