Engebretsen underlines collaboration with Infosys on IT modernization
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) has given update on its international projects demonstrating its work in the United States and Norways as well as collaborating with Currys Plc of the United Kingdom for access to best-in-class technology in India.
It has highlighted testimonial from international clients in Q2 performance report, released on 14 Oct 2022.
Infosys is helping design and deliver a next generation Group Business Services capability for Currys which serves markets in the United Kingdom, Ireland and Mainland Europe.
It has a strategic collaboration with Currys to help accelerate profitable growth of their business across key UK and European markets.
“This collaboration gives us access to world-class digital operations across UK, Europe and India, benefitting our colleagues and customers with best-in-class technology, systems, and processes; and new sources of competitive advantage for our core business,” said Currys Group CFO Bruce Marsh.
Elsewhere, Infosys Cyber Next platform and Santa Clara-headquartered Palo Alto Networks has been strengthening Bpost’s security posture as part of the cloud transformation journey.
“Today, both our employees and customers benefit from the secure foundation we now have to deliver and track both mail and parcels.”
Among other projects, Infosys is working on a five-year collaboration with Spirit AeroSystems of Wichita, Kansas, to co-innovate Aerostructure and Systems Engineering Services by leveraging Infosys’ next-gen technologies.
“This strategic agreement further reinforces our strengths and will leverage mutual synergies to accelerate the development of world-class, sustainable aerostructures and services across our commercial and aftermarket business segments,” said Dr. Sean Black, Senior Vice President and Chief Engineer, Engineering and Technology, Spirit AeroSystems.
“At Spirit AeroSystems, we believe our ability to continuously advance our offering at design and engineering levels is one of our competitive differentiators.
“Our longstanding collaboration with Infosys means we are well-positioned to co-innovate on critical stages of product development, ensuring we continue to pursue the highest standards in quality and airworthiness,” he said.
Also, Telenor Norway CEO Birgitte Engebretsen has underlined her group’s collaboration with Infosys for acceleration of IT modernization and establish Telenor as a product-based organization through a co-managed model.
“In current times, it is imperative for an organization like Telenor Norway to stay ahead of the curve and ensure that our customers are provided with superior service.
“To do this, we have to be future-ready. Staying true to our strategy of ‘Beyond Connectivity’, combined with our powerful collaboration with Infosys, we are excited to embark on this modernization journey that will empower us to serve our customers better,” she said.
Infosys has been technology partner of Open University of Buckinghamshire for more than 5 years.
“Infosys has helped us transform not only our technology landscape, but also how we engage with students and colleagues helping us to develop new digital solutions and build new data platforms to gain real value and insights to better inform our decision-making,” said Judi Turnbull, Director for Information Technology at Open University.
“Our strong large deal wins and steady all-round growth in Q2 reflect the deep relevance and differentiation of our digital and cloud solutions for clients as they navigate their business transformation,” said Salil Parekh, CEO and MD.
“While concerns around the economic outlook persist, our demand pipeline is strong as clients remain confident in our ability to deliver the value they seek, both on the growth and efficiency of their businesses. This is reflected in our revised revenue guidance of 15%-16% for FY 23,” he said.
For the quarter ended 30 September 2022, Infosys reported revenues of US$4,555 million, growth of 13.9% YoY.
For six months ended 30 September 2022, the technology group reported revenues of US$8,999 million, growth of 15.7% YoY. fiinews.com
