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Infosys inks IT deal with Welsh Water 

IT services provider Infosys announced its deal with Welsh Water to manage IT infrastructure in a transformative deal for 10 years. Bangalore-based Infosys will be responsible for setup, migration and...

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Infosys invests in US-based data solution firm

Global software major Infosys on Wednesday announced investing an unspecified amount in US-based data software firm Trifacta which enables non-technical users to transform data for analysis. “The...

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How Infosys machine learning platform is assisting clients?

IT services provider Infosys has launched Infosys Mana, a machine learning platform, to drive automation and innovation. Mana, with the Infosys Aikido service offerings, lowers the cost of maintenance...

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Infosys expands Cloud partnership with Microsoft and AWS

IT services provider Infosys said it would expand its Microsoft Azure consultants to 5,000 and employ 5,000 AWS-trained and 2,500 AWS-certified resources. The significant expansion of Microsoft Azure...

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Infosys Finacle, Samsung SDS join to make mobile banking hassle-free

Infosys Finacle and Samsung SDS inked in a global deal to make mobile banking and payment services safe and convenient. Infosys Finacle is part of EdgeVerve Systems, a product subsidiary of Infosys....

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Infosys to run German bank’s IT operations

Global software major Infosys on Tuesday said it has bagged a five-year outsourcing deal to manage IT operations of Germany’s second largest bank Commerzbank. “We will remodel the investment banking...

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Infosys aims $20 bn revenue, $80,000 revenue per employee

Indian IT major Infosys has set a goalpost of $20 billion in revenue with and operating margin of 30 per cent to be achieved by 2020, said Chairman R. Seshasayee on Saturday. “Vishal Sikka, our CEO...

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Infosys makes Mysuru campus greener with Comfy app

In yet another effort to drive energy efficiency in its Mysuru campus, Infosys announced the launch of ‘Comfy’, a third party application to monitor and personalize workspace temperature. With this...

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Infosys shares latest client wins and CIO comments

IT outsourcing and software major Infosys today announced the company’s latest client wins. The Bangalore-based Infosys is working with a number of enterprise clients including Johnson Controls and...

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Infosys attrition rate climbs up again

Attrition rate in IT major Infosys Ltd has climbed up again in April-June quarter of fiscal 2016-17 after declining over the quarters since its first non-founder Chief Executive Vishal Sikka joined on...

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Infosys promotes Krishnamurthy to president

Software major Infosys has promoted its executive vice president Rajesh Krishnamurthy to the post of president in a minor re-jig in the top management. “Krishnamurthy has been promoted,” the official...

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Infosys invests $4 million in Israeli firm

Global software major Infosys on Wednesday announced investing $4 million (Rs 27 crore) in Cloudyn, an Israeli corporation, providing software as a service (Saas) solutions for the management and...

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Infosys to cut 3,000 jobs as Scottish bank cancels deal

Global software major Infosys will soon lay off about 3,000 techies since the Royal Bank of Scotland (RBS) has cancelled the IT contract for setting up a new bank (Williams & Glyn). “Subsequent to...

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Infosys sacks techies for non-performance, indiscipline

Infosys has recently sacked some employees for non-performance and indiscipline, the software major said on Monday. “There are no layoffs at Infosys. There have been a few separations that are in...

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Infosys reveals benefits of Skava Commerce

Technology outsourcing company Infosys has revealed the benefits of Skava Commerce, an e-commerce platform to deliver omni-channel experience.Skava Commerce was developed by Skava, a Silicon Valley...

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Infosys revenue grows 8.2%, profit up 3.8% in Q2

Infosys today said its revenue grew 8.2 percent to $2,587 million, while profit rose 3.8 percent to $539 million in the second quarter of fiscal 2017.“We focused on strong execution in Q2 with our...

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How Infosys improved revenue with platform-based IP

With a revamped operating structure and aggressive investments in platform-based IP, Infosys tries to reignite performance and brand value, says Bozhidar Hristov, senior analyst at TBR.In 3Q16 Infosys...

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Emirates NBD, ICICI Bank in IT deal with Infosys

Middle East’s banking group Emirates NBD and India’s largest private sector bank ICICI have partnered with Infosys to pilot blockchain-based network for international remittances and trade...

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Infosys Foundation offers Rs 6.5 crore fund to IUCAA

Infosys Foundation has offered an investment of Rs 6.5 crore to the Inter-University Center of Astronomy and Astrophysics (IUCAA) through an endowment.The investment is aimed at assisting IUCAA to...

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Infosys makes investment in TidalScale

Technology outsourcing company Infosys has made an investment in TidalScale, a provider of Software-Defined Servers.TidalScale Software-Defined Servers deliver in-memory performance and are...

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