Infosys

Two-thirds of global executives report cloud has returned positive ROI over last two years, says MIT Technology Review Insights report with Infosys Cobalt

Retrieved on: 
Thursday, November 16, 2023
Cloud, Carbon, Organization, ROI, Risk, Privacy, Infosys, Automation, Partnership, Growth, AI, Environment, ESG, Medical device, Online shopping, Renewable energy

CAMBRIDGE, Mass., Nov. 16, 2023 /PRNewswire/ -- A new survey report by MIT Technology Review Insights, in partnership with Infosys Cobalt, examines how cloud capabilities play a crucial role in accelerating the global economy's next stage of digital transformation, spanning cybersecurity, sustainability, AI, and more.

Key Points: 
  • The " 2023 Global Cloud Ecosystem " report is based on in-depth secondary research and analysis, along with interviews with global experts on the cloud economy.
  • MIT Technology Review Insights also conducted a global survey of 400 C-suite executives.
  • Eighty two percent say they are currently tracking cloud ROI and 66% report positive ROI from cloud investments.
  • "The findings from the '2023 Global Cloud Ecosystem' report, which we have created with MIT Technology Review Insights, give us a global view of how technology decision-makers are leveraging cloud resources to grow and transform their operations.

Aurigo Software Gears Up for Expansion with New Mysore Facility in January 2024

Retrieved on: 
Tuesday, November 14, 2023
Eye, Wipro, Software, Workforce, Local government, Silicon, Aurigo, Infosys, Public sector, Ecosystem, City, Aurigo Software, IIJA, Growth, Transport, Renewable energy, Creative industries, Finance

The increase in headcount needs has been fueled by higher demand from capital owners for Aurigo's cloud-based solutions over the last 2 years and into 2024.

Key Points: 
  • The increase in headcount needs has been fueled by higher demand from capital owners for Aurigo's cloud-based solutions over the last 2 years and into 2024.
  • Balaji Sreenivasan, CEO and founder of Aurigo Software, remarked, "The Mysore expansion isn't just about growth; it's about accessing a broader talent reservoir and leveraging the unique advantages of Tier 2 cities.
  • As we augment our presence in Austin, Toronto, and Bangalore, Mysore emerges as a strategic choice to harness talent and optimize operational costs."
  • Heramba Hegde, Vice President of Finance and Head of Facilities at Aurigo Software, explained the rationale behind the new campus, "Expanding to Mysore signifies our commitment to exploring new horizons.

Infosys and Better collaborate to offer Mortgage as a Service

Retrieved on: 
Thursday, November 9, 2023
Sale, EVP, NYSE, Maas, Ally, BSE, INFY, Organization, Digital technology, Environment, NSE, J.D. Power, Cryptocurrency, Financial services, Infosys

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a collaboration with Better Home & Finance Holding Company (NASDAQ:BETR) (NASDAQ: BETRW), a leading digital-first homeownership company, to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform. 

Key Points: 
  • Infosys is one of the world's largest digital service providers to mortgage firms helping them to strengthen their technology and operations.
  • With its digital-first, cloud-first and AI-first approach, Infosys is best equipped to help its clients to reap the advantages of Mortgage as a Service faster.
  • Infosys and Better offer Mortgage as a Service that will allow us to bring to our clients integrated operations and technology with significant productivity benefits."
  • Vishal Garg, CEO & Founder, Better, said, "In a market saturated with legacy products that inhibit digital transformation and lead to great inefficiencies and high costs, Infosys and Better offer increased multi-fold mortgage originations at unprecedented speed."

Global Times: Wuzhen Summit kicks off at 10th anniversary, highlighting China's role in building a community with a shared future in cyberspace

Retrieved on: 
Thursday, November 9, 2023
Digital, Faculty, Water, Belt, Global Times, World Internet Conference, Conference, Developed country, Internet, Artificial intelligence, Speech, Xinhua News Agency, All, Infosys, COVID-19, Xi, Ecosystem, BRI, Digital divide, Resilience, Chinese University of Hong Kong, Kaspersky Lab, Baidu, Real-time, Algorithm, WIC, Community, National Urban Security Technology Laboratory, Ali Baba, IBM, Video game, Medical device, Renewable energy, Music, Tencent, AI

In his speech, Xi stressed that the international community needs to deepen exchanges and practical cooperation to jointly advance the building of a community with a shared future in cyberspace to a new stage.

Key Points: 
  • In his speech, Xi stressed that the international community needs to deepen exchanges and practical cooperation to jointly advance the building of a community with a shared future in cyberspace to a new stage.
  • Participants highlighted the "open, inclusive and equal" approach the summit has been delivering for 10 consecutive years.
  • They noted that it mirrors the call from China that as a responsible major power, building a community with a shared future in cyberspace promotes common development.
  • "Building a community of a shared future equates to constructing an open, inclusive and safe cyberspace environment.

Infosys Enables Rich Products to Digitally Transform their Core Business Processes Using SAP S/4HANA

Retrieved on: 
Wednesday, November 8, 2023
EVP, NYSE, Rich's, Rich, Consumer, BSE, INFY, Fortune 500, NSE, Growth, SAP S/4HANA, Rich Products, SAP, Renewable energy, Infosys

As part of this collaboration, Infosys seeks to simplify and harmonize Rich's business processes and customer experience using SAP S/4HANA solutions.

Key Points: 
  • As part of this collaboration, Infosys seeks to simplify and harmonize Rich's business processes and customer experience using SAP S/4HANA solutions.
  • This initiative aims to reduce technical debt, simplify and standardize global technology, processes and data to create distinctive customer value.
  • Infosys brings to the program a successful track record and proven experience of delivering large complex transformation using SAP S/4HANA with multiple Fortune 500 and global brands.
  • We are excited about our long-term collaboration with Infosys that will aim to accelerate our business transformation, reduce technical debt and help shape industry standard business processes to drive operational excellence."

Infosys and AWS Enter Strategic Collaboration to Accelerate Financial Institutions' Cloud Transformation Across Europe, Middle East and Africa

Retrieved on: 
Wednesday, November 8, 2023
Element, NatWest Group, SCA, NYSE, Financial services, Fintech, BSE, INFY, Organization, Engineering, GFS, NSE, Growth, Customer, CDIO, AWS, AI, Infosys

Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.

Key Points: 
  • Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.
  • To catalyze growth across Europe, Middle East and Africa, Infosys and AWS will jointly create go-to-market strategies and make co-investments over the next three years.
  • By leveraging Infosys Cobalt's industry cloud solutions, assets and frameworks, we are committed to helping financial organizations accelerate their business outcomes."
  • Combining our cutting-edge cloud innovation with Infosys' technology transformation expertise, we now offer customers more capabilities and solutions to specific financial industry challenges at speed and scale."

Infosys and AWS Enter Strategic Collaboration to Accelerate Financial Institutions' Cloud Transformation Across Europe, Middle East and Africa

Retrieved on: 
Wednesday, November 8, 2023
Element, NatWest Group, SCA, NYSE, Financial services, Fintech, BSE, INFY, Organization, Engineering, GFS, NSE, Growth, Customer, CDIO, AWS, AI, Infosys

Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.

Key Points: 
  • Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.
  • To catalyze growth across Europe, Middle East and Africa, Infosys and AWS will jointly create go-to-market strategies and make co-investments over the next three years.
  • By leveraging Infosys Cobalt's industry cloud solutions, assets and frameworks, we are committed to helping financial organizations accelerate their business outcomes."
  • Combining our cutting-edge cloud innovation with Infosys' technology transformation expertise, we now offer customers more capabilities and solutions to specific financial industry challenges at speed and scale."

El Paso Water Receives Level II Finalist for Innovation in Field Automation

Retrieved on: 
Thursday, November 2, 2023
Data Management, Utilities, Apps, Applications, Technology, Energy, Software, Artificial Intelligence, Digital, EVP, Charlotte Convention Center, Call centre, Infosys, GIS, Customer service, EEA, Cryptocurrency

El Paso Water, a KloudGin customer, was awarded a Level II Finalist award for Innovation in Field Automation by CS Week in the 2023 Expanding Excellence Awards (EEA).

Key Points: 
  • El Paso Water, a KloudGin customer, was awarded a Level II Finalist award for Innovation in Field Automation by CS Week in the 2023 Expanding Excellence Awards (EEA).
  • El Paso Water partnered with Infosys and KloudGin to revolutionize their field operations.
  • “We are proud to drive utility innovation in the El Paso community and beyond, and this recognition is a testament to our work with El Paso Water and KloudGin.
  • Infosys, a global leader in next-generation digital services and consulting, teamed up with KloudGin to deploy the mobile field service solution at El Paso Water.

AWS Partners Empower U.S. Firms in Cloud Migration Wave

Retrieved on: 
Tuesday, October 31, 2023
Technology, Security, Consulting, Other Technology, Professional Services, Software, Networks, Internet, Hardware, Data Management, Cloud, Persistent Systems, DXC Technology, Ecosystem, Wipro, SAP Business ByDesign, PwC, ISG, LTIMindtree, Organization, Amazon Web Services, Tech Mahindra, Research, Research report, SAP S/4HANA, Machine learning, Infosys, TCS, SAP, Rising Star, AWS, IBM, Accenture, ERP, Video game, Internet service provider, HCLTech

“Many U.S. enterprises are actively engaged in cloud migration and workload modernization projects,” said Bernie Hoecker, ISG partner and Enterprise Cloud Transformation leader.

Key Points: 
  • “Many U.S. enterprises are actively engaged in cloud migration and workload modernization projects,” said Bernie Hoecker, ISG partner and Enterprise Cloud Transformation leader.
  • These approaches allow them to efficiently integrate applications on platforms from different cloud providers using solutions such as serverless computing.
  • The 2023 ISG Provider Lens™ AWS Ecosystem Partners report for the U.S. evaluates the capabilities of 48 providers across five quadrants: AWS Consulting Services, AWS Data Analytics and Machine Learning, AWS Managed Services, AWS Migration Services and AWS SAP Workloads.
  • The 2023 ISG Provider Lens™ AWS Ecosystem Partners report for the U.S. is available to subscribers or for one-time purchase on this webpage .

Infosys and Spirit AeroSystems inaugurate Center for Aerospace Engineering Excellence in Richardson, Texas

Retrieved on: 
Friday, November 3, 2023
EVP, NYSE, BSE, INFY, Maintenance, Engineering, Senior, Spirit, NSE, Spirit AeroSystems, Learning curve, MRO, Video game, Gasoline, Infosys

RICHARDSON, Texas, Nov. 3, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, and Spirit AeroSystems (NYSE: SPR), the world's largest first-tier aerostructures manufacturer, today inaugurated their dedicated center for aerospace engineering excellence in Richardson, Texas to nurture local talent to meet Spirit's growing aerospace and defense engineering needs.

Key Points: 
  • RICHARDSON, Texas, Nov. 3, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, and Spirit AeroSystems (NYSE: SPR), the world's largest first-tier aerostructures manufacturer, today inaugurated their dedicated center for aerospace engineering excellence in Richardson, Texas to nurture local talent to meet Spirit's growing aerospace and defense engineering needs.
  • The Center for Aerospace Engineering Excellence, located at 2400 N Glenville Dr Ste 150 in Richardson, will enable Infosys to work more closely with Spirit AeroSystems to develop cross-functional solutions to pressing business challenges in the aircraft development lifecycle.
  • The Center will help Spirit AeroSystems to strategically expand and operate in proximity with their customers and suppliers for manufacturing and MRO operations.
  • Infosys is a trusted partner for Spirit AeroSystems, delivering engineering services for all its major aircraft programs for over 18 years.