Infosys

Lakeside Software Announces Inaugural Partner Award Winners

Retrieved on: 
Tuesday, January 23, 2024

BOSTON, Jan. 23, 2024 /PRNewswire/ -- Lakeside Software, the leading IT data intelligence company, announced today, the winners of its inaugural partner awards. These awards recognize outstanding achievements that fueled innovation and growth and delivered meaningful outcomes for its customers.

Key Points: 
  • BOSTON, Jan. 23, 2024 /PRNewswire/ -- Lakeside Software , the leading IT data intelligence company, announced today, the winners of its inaugural partner awards.
  • Lakeside Software enables organizations with large, complex IT environments to get visibility across their entire digital estates.
  • "We are proud to partner with the world's top consulting, technology, and IT services companies," said Tyler Winkler, Chief Commercial Officer at Lakeside.
  • Lakeside's 2024 Partner Award Winners Include:
    Global Partner of the Year: HCL Tech
    This accolade acknowledges the partner that excels in global leadership and impact, demonstrating a remarkable ability to harness the complete spectrum of Lakeside Software's capabilities.

Everest Group Launches 'Service Provider Compass' Research Series with Assessment of Global Services Delivery from Mexico

Retrieved on: 
Wednesday, January 17, 2024

DALLAS, Jan. 17, 2024 /PRNewswire-PRWeb/ -- Everest Group today announced the launch of a new research report series, Service Provider Compass™, designed to provide sourcing leaders with a succinct summary of service provider's market positions in key delivery locations. Armed with Everest Group's evaluation and ranking of the service providers in each region, sourcing leaders are better equipped to select the service providers that can meet their talent needs for global services delivery.

Key Points: 
  • DALLAS, Jan. 17, 2024 /PRNewswire-PRWeb/ -- Everest Group today announced the launch of a new research report series, Service Provider Compass™, designed to provide sourcing leaders with a succinct summary of service provider's market positions in key delivery locations.
  • The Service Provider Compass is the type of research report that packs a punch in just a few pages, and we anticipate that global sourcing readers will consider this a must-read series.
  • Everest Group's first Service Provider Compass — "Service Provider Compass™ – Global Services Delivery from Mexico" — assesses providers of Customer Experience Management (CXM) services and Information Technology-Application Development and Maintenance (IT-ADM) services.
  • "With a global services talent pool of nearly 197,000 FTEs, Mexico continues to lead technology services delivery in Latin America.

European Manufacturers Building Smarter, More Sustainable Factories

Retrieved on: 
Wednesday, January 17, 2024

The 2023 ISG Provider Lens™ Manufacturing Industry Services and Solutions report for Europe finds manufacturers in Europe are exploring emerging technologies that enable smart products and solutions delivered by smart factories with Industry 4.0 connectivity.

Key Points: 
  • The 2023 ISG Provider Lens™ Manufacturing Industry Services and Solutions report for Europe finds manufacturers in Europe are exploring emerging technologies that enable smart products and solutions delivered by smart factories with Industry 4.0 connectivity.
  • “Service providers are helping clients in various areas of product innovation and lifecycles,” said Philipp Glatz, ISG partner and Smart Manufacturing lead for EMEA.
  • European manufacturers can use the simulations that digital twins provide to translate their strategies from the boardroom to the shop floor, the report says.
  • According to the report, manufacturers will need to find the right providers to help them deploy OT-cybersecurity-compliant systems and data.

HCLTech Emerges as the Fastest-growing Brand Among the Global Top 10 IT Services Companies

Retrieved on: 
Wednesday, January 17, 2024

HCLTech , a leading global technology company, has emerged as the fastest-growing IT services brand with +15.9% YoY growth in brand value among the top 10 IT companies globally, as per the 2024 Brand Finance Global 500 and IT Services Top 25 Report released today in Davos.

Key Points: 
  • HCLTech , a leading global technology company, has emerged as the fastest-growing IT services brand with +15.9% YoY growth in brand value among the top 10 IT companies globally, as per the 2024 Brand Finance Global 500 and IT Services Top 25 Report released today in Davos.
  • Commenting on the update, Jill Kouri, Global CMO of HCLTech, said: "HCLTech’s business performance has surpassed the market across various key metrics.
  • We are building on this momentum with strongly differentiated go-to-market campaigns this year,” said Zulfia Nafees, Global Head of Brand, HCLTech.
  • Top 10 IT Services providers as per Brand Finance Global 500 and IT Services Top 25 report are (in alphabetical order) -- Accenture, Capgemini, Cognizant, Fujitsu (IT Services), HCLTech, IBM Consulting, Infosys, NTT DATA, TCS, Wipro.

North American Manufacturers Go Digital to Navigate Changes

Retrieved on: 
Tuesday, January 16, 2024

Digital twins — virtual recreations of processes and products — are becoming an increasingly important tool in both discrete and process manufacturing, ISG says.

Key Points: 
  • Digital twins — virtual recreations of processes and products — are becoming an increasingly important tool in both discrete and process manufacturing, ISG says.
  • Manufacturers and providers are now solving a growing digital-twin management challenge by closely integrating the simulations with product lifecycle management software.
  • However, geopolitical conflicts and other events are still affecting some supplies, leading some North American manufacturers to diversify their supply chains through in-house manufacturing and nearshoring to Latin America.
  • “This feeds back into product improvement and new product development.”
    The report also explores other trends affecting North American manufacturers, including aging workforces and efforts to minimize the environmental impact of used products.

Fullcast Announces New Leadership and $34 Million in Capital to Redefine RevOps, Beginning with Territory Management

Retrieved on: 
Friday, January 12, 2024

Fullcast is an end-to-end RevOps platform that allows companies to design, manage and track the performance of their revenue generating teams.

Key Points: 
  • Fullcast is an end-to-end RevOps platform that allows companies to design, manage and track the performance of their revenue generating teams.
  • A highly differentiated product with excellent ratings on software review platform G2 , Fullcast is poised for significant growth.
  • Before joining Fullcast, Westwood co-founded and served as the CEO of Simplus , which was acquired by Infosys for $250 million.
  • Westwood has assembled an accomplished leadership team at Fullcast, with a C Suite spearheaded by leaders who worked with him at Simplus.

Security, Reliability Point to Growth in Swiss Public Cloud

Retrieved on: 
Wednesday, January 10, 2024

The 2023 ISG Provider Lens™ Multi Public Cloud Services report for Switzerland finds that although the Swiss public cloud market is not yet expanding at the pace of the global market, high-security standards, a focus on data protection and security, robust data center availability and good internet connectivity all bode well for its growth.

Key Points: 
  • The 2023 ISG Provider Lens™ Multi Public Cloud Services report for Switzerland finds that although the Swiss public cloud market is not yet expanding at the pace of the global market, high-security standards, a focus on data protection and security, robust data center availability and good internet connectivity all bode well for its growth.
  • “Moving business-critical workloads to the cloud is becoming increasingly relevant,” said Dr. Matthias Paletta, director, technology modernization, for ISG EMEA.
  • In fact, ISG estimates that almost three-quarters of public cloud customers globally use a multicloud environment, a trend that is expected to continue.
  • Of course, an increased use of cloud services also means a rise in cloud costs — a fact that enterprises cannot ignore, the ISG report says.

German Firms Using Multicloud Approach to Gain Flexibility

Retrieved on: 
Tuesday, January 9, 2024

The 2023 ISG Provider Lens™ Multi Public Cloud Services report for Germany finds many German companies are setting up hybrid or multicloud environments and engaging with more than one cloud services provider.

Key Points: 
  • The 2023 ISG Provider Lens™ Multi Public Cloud Services report for Germany finds many German companies are setting up hybrid or multicloud environments and engaging with more than one cloud services provider.
  • “German firms have gained added flexibility to negotiate usage prices by working with more than one hyperscaler,” said Matthias Paletta, ISG director, technology modernization, based in Germany.
  • Even in a competitive market, the complexity of cloud environments can still make it difficult to keep costs under control.
  • Service providers can use FinOps tools to gain visibility into cloud resources, capacity utilization and costs, the report says.

Fullcast Announces New Leadership and $34 Million in Capital to Redefine RevOps, Beginning with Territory Management

Retrieved on: 
Thursday, January 11, 2024

SALT LAKE CITY, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Noted tech entrepreneur Ryan Westwood and his co-founders are embarking on their next venture: to push the revenue operations (RevOps) industry forward with the successful completion of a $34 million seed round and acquisition of RevOps software platform Fullcast.

Key Points: 
  • New Fullcast leadership team sets sights on growth potential in sales territory management and revenue operations.
  • Fullcast is an end-to-end RevOps platform that allows companies to design, manage and track the performance of their revenue generating teams.
  • A highly differentiated product with excellent ratings on software review platform G2 , Fullcast is poised for significant growth.
  • Before joining Fullcast, Westwood co-founded and served as the CEO of Simplus , which was acquired by Infosys for $250 million.

Infosys: Resilient performance in a seasonally weak quarter; Large deal momentum continues with 71% net new deals

Retrieved on: 
Thursday, January 11, 2024

BENGALURU, India, Jan. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $4,663 million in Q3 revenues with year-on-year and sequential decline of 1.0% in constant currency. Large deal TCV for the quarter was $3.2 billion, with 71% being net new. Operating margin for the quarter was 20.5%, a sequential decline of 70 bps. Attrition declined further to 12.9%. FY24 revenue guidance revised to 1.5%-2.0% and operating margin guidance at 20%-22%.

Key Points: 
  • "Cash generation remained robust with FCF to net profit conversion for Q3 at 90.6%," he added.
  • Infosys entered into a collaboration with smart Europe GmbH for five years to bring sustainable electric mobility to customers.
  • Dirk Adelmann, Chief Executive Officer, smart Europe GmbH, said, "We are pleased to have Infosys as our partner on this journey.
  • Infosys announced a strategic long-term collaboration with TK Elevator (TKE) to help consolidate, harmonize, and modernize their digital landscape.