Infosys Cobalt and Microsoft Cloud solutions
will help businesses uncover value and accelerate enterprise cloud
transformation
BENGALURU, India, Feb. 23,
2023 /CNW/ -- Infosys (NSE: INFY) (BSE:
INFY) (NYSE: INFY), a global leader
in next-generation digital services and consulting, today announced
that it will expand its collaboration with Microsoft, to
help accelerate enterprise cloud transformation journeys worldwide.
According to the Infosys Cloud Radar, enterprises can add up to
$414 billion in net new profits,
annually, through effective cloud adoption. The report also
calculated that adopting cloud improved speed to market and the
ability to discover new revenue streams and resulted in increased
profit growth by up to 11.2 percent YoY. The extended strategic
collaboration between Infosys and Microsoft will greatly benefit
enterprises by bringing them the best of Infosys
Cobalt cloud offerings and Microsoft's cloud computing
technologies, led by Azure, across the business
value-chain.
The deepening of the collaboration will entail the onboarding of
Infosys Cobalt solutions to Microsoft's industry clouds, to empower
enterprises to build agile cloud-powered platforms and innovate at
scale. The joint capabilities across application modernization,
enterprise solutions, data analytics and AI, digital workplace
solutions, low-code, no-code power platforms and cybersecurity
innovations will create a robust foundation for cloud-powered
transformation. These will bring enterprises the benefits that
come from best of breed Microsoft platforms, along with Infosys
Cobalt suite of cloud-powered solutions, implemented to minimize
time-to-market and maximize value. For example, Infosys Helix,
running on Azure, is delivering for the healthcare industry value
from an AI-first, people-centric platform suite to analyze,
customize and democratize data for payers, providers, members, and
governments. Another powerful example is Infosys Equinox – a
human-centric digital commerce and marketing platform that enables
contextualized omnichannel buying experiences.
This extended engagement will also enrich employee experience
and enhance overall productivity. Infosys Cobalt solutions and
Microsoft technologies are enabling over 300,000 Infosys employees
with hyper-personalized, deeply humanized experiences enabled
through an experiential app that is available across devices and
serves as a hub for information and actions. It is also integrated
with an array of enterprise systems, including Microsoft
Dynamics365, and enabled with enterprise-grade security.
Furthermore, collaboration between Infosys Cobalt and Microsoft
Commerce to drive extreme automation for product launches is also
an area where both organizations are jointly innovating across the
business value-chain, using Azure.
Microsoft is using Infosys' expertise to deliver the Support
experience for its products, and this collaboration will further
enhance the dedicated support and focus from the Microsoft CRM
Center of Excellence set up by Infosys.
Anand Swaminathan, Executive
Vice President & Global Industry Leader Communications, Media
and Technology, Infosys, said, "Infosys and Microsoft have a
longstanding 360-degree strategic collaboration. On the one hand,
Infosys plays a pivotal role in accelerating Microsoft's
transformation with digital services. On the other, Infosys has
embraced Microsoft technology and Microsoft cloud solutions to
empower our over 300,000 employees. Microsoft and Infosys also work
closely to bring to enterprises, the world over, the value of
Infosys Cobalt cloud solutions, and accelerate time-to-value for
Microsoft enterprises business solutions. This extended
collaboration will serve to harvest most value from all aspects of
our well-rounded alliance."
Anant Maheshwari, President,
Microsoft India, said, "This engagement with Infosys extends
our trusted relationship over the past two decades and will
accelerate the innovation and transformation journeys of businesses
worldwide. As we continue to shape the future of the industry
cloud, we are pleased to bring together our complementary strengths
and serve our strategic customers better through Microsoft
Azure-powered solutions with Infosys Cobalt."
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, in more than 50 countries, as they navigate their digital
transformation powered by the cloud. We enable them with an
AI-powered core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY)
(NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, financial expectations and plans for navigating the
COVID-19 impact on our employees, clients and stakeholders are
forward-looking statements intended to qualify for the 'safe
harbor' under the Private Securities Litigation Reform Act of 1995,
which involve a number of risks and uncertainties that could cause
actual results to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to
these statements include, but are not limited to, risks and
uncertainties regarding COVID-19 and the effects of government and
other measures seeking to contain its spread, risks related to an
economic downturn or recession in India, the United
States and other countries around the world, changes in
political, business, and economic conditions, fluctuations in
earnings, fluctuations in foreign exchange rates, our ability to
manage growth, intense competition in IT services including those
factors which may affect our cost advantage, wage increases in
India and the US, our ability to
attract and retain highly skilled professionals, time and cost
overruns on fixed-price, fixed-time frame contracts, client
concentration, restrictions on immigration, industry segment
concentration, our ability to manage our international operations,
reduced demand for technology in our key focus areas, disruptions
in telecommunication networks or system failures, our ability to
successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which Infosys has made strategic investments,
withdrawal or expiration of governmental fiscal incentives,
political instability and regional conflicts, legal restrictions on
raising capital or acquiring companies outside India, unauthorized use of our intellectual
property and general economic conditions affecting our industry and
the outcome of pending litigation and government investigation.
Additional risks that could affect our future operating results are
more fully described in our United States Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the
fiscal year ended March 31, 2022.
These filings are available at www.sec.gov. Infosys may, from
time to time, make additional written and oral forward-looking
statements, including statements contained in the Company's filings
with the Securities and Exchange Commission and our reports to
shareholders. The Company does not undertake to update any
forward-looking statements that may be made from time to time by or
on behalf of the Company unless it is required by law.
Logo:
https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg
View original
content:https://www.prnewswire.com/news-releases/infosys-collaborates-with-microsoft-to-accelerate-industry-adoption-of-cloud-301754229.html
SOURCE Infosys