Infosys Limited (NYSE:INFY) expanded its collaboration with Microsoft Corporation (NASDAQ:MSFT) to accelerate the adoption of generative AI and Microsoft Azure worldwide.
This strategic partnership aims to help joint customers of Infosys and Microsoft maximize the value of their technology investments and achieve transformative results.
Infosys began its collaboration with Microsoft by adopting GitHub Copilot, enhancing code modernization and completion efficiencies.
With its new GitHub Center of Excellence (CoE), Infosys is set to drive enterprise AI innovation for global customers.
Infosys will serve as a strategic supplier to enhance Microsoft's Cloud and AI workloads for enterprise customers.
The partnership integrates Microsoft's generative AI offerings into Infosys' solutions, driving cost-efficiency and scalability.
Anand Swaminathan, EVP and Global Industry Leader – Communications, Media and Technology, Infosys, said, "This collaboration addresses various business problems by delivering heightened value to clients through a customer-centric approach, providing scalability, agility, and cost-efficiency across key sectors like Finance, Healthcare, Supply Chain, and Telecommunications."
Nicole Dezen, Chief Partner Officer at Microsoft, said, "Our expanded collaboration with Infosys will transform industries, enhance business operations, elevate employee experiences, and deliver new value for customers. Together, we will harness the power of generative AI to deliver innovative solutions, drive AI Adoption and enable unprecedented innovation for customers."
On Tuesday, Infosys extended its four-year partnership with Old National Bancorp for operational transformation and process digitization.
Investors can gain exposure to the stock via VanEck ETF Trust VanEck Digital India ETF (NYSE:DGIN) and First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR).
Price Action: INFY shares are up 0.26% at $23.38 premarket at the last check Wednesday.
Image: Shutterstock/ IgorGolovniov
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