Tag "Infosys"

India to become Drone Country

By : Sunil Rajguru

Government comes out with drone friendly policy; Infosys CEO summoned over Income Tax website & Linux turns 30. Samsung dethrones Intel (Ep-42, August 20) 2021—Year of the Indian Startup (Ep-41, August 13) Big blow to Mukesh Ambani (Ep-40, August 6)

Infosys will invest an additional Rs 7.2 crores in ideaForge by year end

By : CIOL Bureau

IT services major Infosys on Thursday released the details of its USD 1 million in ideaForge Technology. Infosys had, in 2016, invented in the UAV systems manufacturing company for 20% minority stake. The startup focuses on the production of Unmanned

Infosys, TCS, Wipro, IBM, Cognizant are the top 5 players of 2020: Wizikey Report

By : CIOL Bureau

Wizikey, a Media Intelligence and Outreach company has recently released its ITeS Power Movers 2020 Report. According to the report, Work from Home and Destination Hiring are the new trends that emerge in 2020. The SaaS PR startup highlights the top

Infosys Q2 Report: Net profit rises 20.5%, Salary Hikes in January, Special Bonuses, New hires and more

By : CIOL Bureau

Infosys is India’s second-largest IT services firm. So, its quarterly reports are an important milestone for the industry. The IT major, on Wednesday, reported a 20.5% growth in its consolidated net profit for the second quarter ending September 30. The net

Invest in Tech Stock Market even when Infosys, TCS and Wipro are cheap; But hold for a year

By : Laxitha Mundhra

Indian stock market changed by over 30% in the last few months due to Coronavirus Pandemic. This situation brought a lot of stress to long term investors who aimed to reap benefits in FY 2020, but it also a blessing

Infosys Completes Formation of Joint Venture with Hitachi, Panasonic and Pasona in Japan

By : CIOL Bureau

Infosys, a global leader in next-generation digital services and consulting, announced that it has completed the formation of a joint venture with Hitachi, Ltd., Panasonic Corporation and Pasona Inc., strategically enhancing its presence in Japan. This follows the announcement the

Infosys Inaugurates Providence Digital Innovation and Design Center

By : CIOL Bureau

Infosys joined Rhode Island Governor Gina Raimondo to inaugurate its Digital Innovation and Design Center in Providence and announced a partnership with the Community College of Rhode Island (CCRI) to build and launch the Digital Economy Aspirations Lab (DEAL) to

12 Trends Reshaping Banking in 2019

By : CIOL Bureau

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), today released its annual banking trends forecast for the year 2019. The report, based on consultation with subject matter experts and experience of working with banks in

Infosys partners with HPE to accelerate Enterprise Digital Transformation

By : CIOL Bureau

Infosys announced that it has adopted HPE GreenLake to accelerate clients’ digital transformation. The partnership will help enterprises make smart infrastructure investments, paying for what they consume, while benefiting from the security offered by a trusted managed services provider. Clients

Running Multiple Digital Initiatives at Scale is What Sets Visionary Businesses Apart: Infosys Digital Radar 2019

By : CIOL Bureau

Infosys has released new global research, the Infosys Digital Radar 2019, revealing the digital transformation maturity of businesses in 2018, and what it takes to navigate the next stage of their journey. What can businesses expect in 2019? Infosys found

Infosys Science Foundation Awards Winners of the Infosys Prize 2018

By : CIOL Bureau

The Infosys Science Foundation (ISF) today honored the winners of the Infosys Prize 2018 at an awards ceremony in Bengaluru while also celebrating its 10th year milestone. The Infosys Prize is given to individuals who have made significant contributions across six fields, namely Engineering and Computer Science,

Infosys Announces Joint Venture with Hitachi, Panasonic and Pasona in Japan

By : CIOL Bureau

Infosys announces the formation of a joint venture with Hitachi, Ltd., Panasonic Corporation and Pasona Inc., strategically enhancing its presence in Japan. Executing on its strategy to help clients navigate their digital journey, the entity formed by complementary, iconic companies

Infosys Announces Creation of 1,200 jobs

By : CIOL Bureau

Infosys announces an initiative to accelerate digital leadership for its clients in Australia and shrink the digital skills gap in the region with the creation of 1200 jobs and the opening of three Innovation Hubs by 2020. Senior Vice President

Infosys to Open Technology and Innovation Hub in Texas and Hire 500 American Workers by 2020

By : CIOL Bureau

Infosys announced that it will open its next Technology and Innovation Hub in the State of Texas and hire 500 American workers in the state by 2020. The Hub will be located in Richardson, Texas and have a special focus

Infosys Launches Wingspan, a Transformational Learning Solution for Enterprises

By : CIOL Bureau

Infosys announces the launch of Infosys Wingspan, it’s next-gen learning solution to help organizations accelerate their talent transformation journey. Based on open source technologies, the cloud-first and mobile-first solution is designed to provide a seamless interactive learning experience accessible anytime,

Less than a Quarter of Global Enterprises Think and Act like Digital Natives: Infosys Research

By : CIOL Bureau 1

Infosys has released global research, The New Champions of Digital Disruption: Incumbent Organizations, that reveals that under a quarter of organizations surveyed, understand that commitment to digital is at the heart of true transformation. And, it is these organizations that

Infosys Q4 profit slips to Rs 3,690cr; puts up Skava, Panaya on sale

BANGALORE, INDIA: Infosys’ Q4 net profit fell 28.1 percent sequentially to Rs 3,690 crore, from Rs 5,130 crore in Q3. Revenue grew 1.6 percent QoQ to 18,083 crore, mostly in line with the street expectations. The company reported revenues from

Infosys opens first innovation hub in Indianapolis, US

By : CIOL Writers

Infosys inaugurated its first flagship Technology and Innovation Hub in Indianapolis, yesterday. In addition, the company announced that it has hired more than 2,500 American workers over the past year as part of its ongoing commitment to accelerate innovation for American enterprises. The Indianapolis

Infosys divests stake in US-based OnMobile Systems

By : CIOL Writers

India’s second largest software services firm, Infosys has divested its investment in OnMobile Systems for $2.49 million. “…it (Infosys) has on February 15, 2018 signed an agreement for divestment of its entire investment from OnMobile Systems Inc. USA for a total consideration of

Infosys chooses Capgemini’s Salil S. Parekh as its new CEO & MD

BANGALORE, INDIA: Infosys has appointed Salil S. Parekh as Chief Executive Officer and Managing Director (CEO & MD) of the Company effective January 2, 2018. Parekh joins Infosys from Capgemini where he was a member of the Group Executive Board. The