Infosys

Europe’s Oil and Gas Giants Juggle Security, Sustainability

Retrieved on: 
Monday, November 20, 2023

The 2023 ISG Provider Lens™ Oil and Gas Industry – Services and Solutions report for Europe finds that the continent is striving to reduce its reliance on oil and gas imports while committing to an energy transition that includes carbon capture, utilization and storage (CCUS), among other top priorities.

Key Points: 
  • The 2023 ISG Provider Lens™ Oil and Gas Industry – Services and Solutions report for Europe finds that the continent is striving to reduce its reliance on oil and gas imports while committing to an energy transition that includes carbon capture, utilization and storage (CCUS), among other top priorities.
  • CCUS is an area of significant investment for many oil and gas players and governments, with multi-billion-dollar investment plans announced, the ISG report says.
  • “Energy transition is an emerging segment that is currently dominated by large global IT players,” said Julien Escribe, partner, ISG, SEMEA.
  • In response to European policies, the continent’s oil majors have aligned with the ambitious net-zero pursuit, the ISG report says.

North American Oil, Gas Firms Innovate for New Energy Era

Retrieved on: 
Friday, November 17, 2023

North American firms are leading the trend, making more than one-third of global investments, as they work toward decarbonization in response to changing regulations and market expectations.

Key Points: 
  • North American firms are leading the trend, making more than one-third of global investments, as they work toward decarbonization in response to changing regulations and market expectations.
  • “Every player in this industry wants to become an energy company, not just an oil and gas producer,” said Dale Hearn, partner in the Oil & Gas industry practice at ISG.
  • Many firms in the region are also embracing digital solutions for better decision-making, especially digital twins, ISG says.
  • At the same time, North American firms are beginning to work with providers to monitor and address Scope 3 carbon emissions, which come from parts of the supply chain outside a company’s own operations.

Apprentice Now and University of Phoenix Celebrate an Education Experience That Exemplifies the Immense Benefits That Apprenticeships Provide to Both Students and Employers

Retrieved on: 
Friday, November 17, 2023

After eight years of honorable military service and a decade in sales, Guichet shares that he yearned for a new challenge.

Key Points: 
  • After eight years of honorable military service and a decade in sales, Guichet shares that he yearned for a new challenge.
  • "Transforming and expanding talents skills is critical to an organization's growth," states Raghu Krishnaiah, chief operating officer of University of Phoenix.
  • Dustin's transition from apprentice to mentor at NorthShore Robotics exemplifies the cyclical benefit of apprenticeships, where today's learners become tomorrow's leaders.
  • With the support of organizations like Apprentice Now and the University of Phoenix, apprenticeships are within reach, offering significant benefits to students and employers alike.

Digital Services Help U.S. Banks Grow, Modernize, Compete

Retrieved on: 
Monday, November 13, 2023

“Banks are finding that older technology keeps them from seizing new market opportunities,” said Owen Wheatley, ISG’s lead partner for banking and financial services.

Key Points: 
  • “Banks are finding that older technology keeps them from seizing new market opportunities,” said Owen Wheatley, ISG’s lead partner for banking and financial services.
  • “Digital banking services offer a path to modernization and growth.”
    COVID-19 lockdowns accelerated consumer demand for digital banking, and challenger banks, neobanks and large technology companies have entered the financial services market to satisfy that demand, the report says.
  • A growing number of banks are pursuing greenfield implementations of modern platforms exclusively for new product lines and geographies or even building parallel digital banks.
  • The 2023 ISG Provider Lens™ Digital Banking Services report for the U.S. is available to subscribers or for one-time purchase on this webpage .

Innover strengthens leadership team with the appointment of Raju Rampa as Chief Growth Officer

Retrieved on: 
Thursday, December 7, 2023

ATLANTA, Dec. 7, 2023 /PRNewswire-PRWeb/ -- Innover, a leader in providing accelerated digital transformation solutions, announced the appointment of Raju Rampa as its Chief Growth Officer. Raju will lead the Sales and Partnerships teams for the firm globally. He will chart the course for short and long term business success - driving revenue, securing profitable growth, expanding market share and nurturing customer-centricity.

Key Points: 
  • He will chart the course for short and long term business success - driving revenue, securing profitable growth, expanding market share and nurturing customer-centricity.
  • Raju is a professional services growth leader with close to three decades of global experience in leveraging technology to deliver business impact.
  • I am delighted to welcome Raju to the leadership team" said Amit Gautam, CEO at Innover.
  • On joining Innover, Raju Rampa said, "Innover has established itself as a leading player in building innovative digital transformation solutions for its customers and I am excited to join this dynamic team.

European Firms Struggle to Generate Value from Generative AI, Yet Will Double Spending in 2024: Infosys Research

Retrieved on: 
Tuesday, December 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Europe is doubling down on generative AI (GenAI) investment but is on a more cautious path than North America, according to new research from the Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY). The research forecasts that European companies will increase GenAI investments by 115% in the next year, to $2.8 billion.

Key Points: 
  • The research forecasts that European companies will increase GenAI investments by 115% in the next year, to $2.8 billion.
  • This more cautious spend is largely due to concerns around ethics and bias driven by the more regulated European market.
  • However, European companies remain optimistic about generative AI's impact on their business and are much more confident in their ability to train and recruit talent, as well as manage and control generative AI systems.
  • The research, which is also supported by interviews with business leaders and AI practitioners, highlights the following insights.

European Firms Struggle to Generate Value from Generative AI, Yet Will Double Spending in 2024: Infosys Research

Retrieved on: 
Tuesday, December 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Europe is doubling down on generative AI (GenAI) investment but is on a more cautious path than North America, according to new research from the Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY). The research forecasts that European companies will increase GenAI investments by 115% in the next year, to $2.8 billion.

Key Points: 
  • The research forecasts that European companies will increase GenAI investments by 115% in the next year, to $2.8 billion.
  • This more cautious spend is largely due to concerns around ethics and bias driven by the more regulated European market.
  • However, European companies remain optimistic about generative AI's impact on their business and are much more confident in their ability to train and recruit talent, as well as manage and control generative AI systems.
  • The research, which is also supported by interviews with business leaders and AI practitioners, highlights the following insights.

Infosys Topaz Accelerates Spotlight Retail Group's Customer Growth in Digital Commerce

Retrieved on: 
Tuesday, December 5, 2023

MELBOURNE, Australia, Dec. 5, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has helped enhance Spotlight Retail Group's customer growth via an omnichannel digital fulfilment and advanced analytics platform built with Infosys. By leveraging Infosys' AI-first offering, Infosys Topaz, Spotlight Retail Group, one of Australia's biggest retailers, enabled a hyper-personalized online shopping experience for its customers. The improved customer experience has led to a growth of 113 percent in customer base over 12 months period and 93 percent in transactions.

Key Points: 
  • By leveraging Infosys' AI-first offering, Infosys Topaz, Spotlight Retail Group, one of Australia's biggest retailers, enabled a hyper-personalized online shopping experience for its customers.
  • This digital commerce platform is scalable on-demand and is helping Spotlight Retail Group meet the significant surge in transaction volumes among customers.
  • By integrating the advanced analytics capabilities powered by Infosys Topaz, this platform has elevated the online shopping experience for Spotlight Retail Group's customers.
  • Tal Lall, Group General Manager, Digital and Omnichannel, Spotlight Retail Group, said, "At Spotlight Retail Group, we are committed to continuously optimise customer experiences as one of our key competitive differentiators.

Service Integration and Management Market worth $6.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 29, 2023

The services segment in the Service Integration and Management Market is critical in helping organizations implement and maintain their SIAM framework.

Key Points: 
  • The services segment in the Service Integration and Management Market is critical in helping organizations implement and maintain their SIAM framework.
  • The services segment in the Service Integration and Management Market includes implementation & integration, consulting, and training, support, and maintenance.
  • Consulting services in the Service Integration and Management Market are often the first engagement point for organizations looking to adopt the framework.
  • Operational services within the Service Integration and Management Market focus on the day-to-day management and execution of SIAM practices.

Service Integration and Management Market worth $6.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 29, 2023

The services segment in the Service Integration and Management Market is critical in helping organizations implement and maintain their SIAM framework.

Key Points: 
  • The services segment in the Service Integration and Management Market is critical in helping organizations implement and maintain their SIAM framework.
  • The services segment in the Service Integration and Management Market includes implementation & integration, consulting, and training, support, and maintenance.
  • Consulting services in the Service Integration and Management Market are often the first engagement point for organizations looking to adopt the framework.
  • Operational services within the Service Integration and Management Market focus on the day-to-day management and execution of SIAM practices.