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Infosys Partners with Google Cloud to Develop Data Native Intelligent Enterprise

Posted On: 2018-09-22 07:57:00

Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced a new partnership with Google Cloud to develop cloud transformation and migration services. Through this partnership that enhances Infosys' existing capabilities, the company will offer solutions and services on Google Cloud Platform (GCP), creating a scalable, on-demand cloud model that will enable enterprises to easily transition and adopt a cloud-first strategy.

As part of this partnership, Infosys has built artificial intelligence and machine learning-driven industryspecific solutions on GCP that are foundational to digitizing the data supply chain, such as Analytics Workbench, which augments data platforms to deliver end-to-end self-service capabilities, Information Grid, which provides a data pipeline for seamless movement of data to Google Cloud (GCP), and Customer Genome, a holistic offering that helps enterprises build a self-service driven and entity-centric foundation for explorative, predictive and prescriptive analytics. These solutions will enable enterprises to modernize their IT and use the power of insights to monetize and digitize their businesses as they navigate the next stages in their transformation journey.

In addition, Infosys today announced the launch of a new offering called the 'Data Native Intelligent Enterprise' powered by the 'Infosys Digital Brain' on GCP. Data Native Intelligent Enterprise is a solution that learns from the data collected from various sources, connects it across silos using Artificial Intelligence and encodes this intelligence. This allows enterprises to react to external signals in real time and create intelligent, engaging experiences for their customers. This offering will help organizations accelerate their digital journeys and lead them towards sustainable growth.

Ravi Kumar, President and Deputy Chief Operating Officer, Infosys, said, "The technology landscape is moving at a rapid pace, making it difficult for our large customers to maintain their legacy technology infrastructure and cater to the needs of the digital consumer. Infosys solutions on GCP will provide clients the best-in-class digital technologies, as well as a path to migrate and modernize their legacy infrastructure by leveraging artificial intelligence, machine learning, compute and analytics to build modern digital apps. We see Google Cloud as a key partner in the cloud-first landscape, putting our partnership in a great position to provide exceptional value to our global customer base."

Kevin Ichhpurani, Corporate Vice President, Strategic Alliances at Google Cloud, said, "Google Cloud customers are looking for simple solutions to shift their systems to the cloud in order to apply our machine learning and Artificial Intelligence technologies to their businesses. We are excited about our partnership with Infosys which will help them achieve those goals. The new 'Digital Brain' from Infosys is a great example of how customers can benefit from Google Cloud's technology in combination with Infosys' unique consulting services."

Shares of INFOSYS LTD. was last trading in BSE at Rs.706.3 as compared to the previous close of Rs. 720.4. The total number of shares traded during the day was 773924 in over 14407 trades.

The stock hit an intraday high of Rs. 719 and intraday low of 692. The net turnover during the day was Rs. 546470031.


Source: Equity Bulls

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