Infosys Limited (INFY) Stock

Infosys shows solid financial results, with a 3.73% year-on-year increase in sales and a 24.31% rise in free cash flow, mainly due to its cloud and AI services. Although it has slightly lagged behind industry standards, its strong financial position and the highest profit margin in its sector support its higher valuation. Analysts expect a 7.17% increase in stock price, fueled by growth in AI and cloud services, but there are still worries about risks in emerging markets and the execution of AI strategies.

Infosys, a leading digital services and consulting company based in India, has become the first company in the country to receive BCR certification. This certification, approved by the Hesse Data Protection Authority in Germany and supported by the European Data Protection Board, allows Infosys to legally transfer personal data internationally within its group. BCR serves as a compliance framework for data privacy in international data transfers from the EU.

INFY has established a new Google Cloud center of excellence to promote collaboration and help businesses use generative AI for their growth. This initiative focuses on co-creation and innovation.

Using Infosys Topaz and Google Cloud technology, the new center of excellence will promote collaboration to create innovative AI solutions. Announced on December 17, 2024, in Bengaluru, India, Infosys aims to drive enterprise AI advancements through this initiative. The center will support businesses in utilizing generative AI for significant growth.

INFY's Compaz is working together with StarHub to improve its cloud services and incorporate generative AI technologies.

Infosys has partnered with RheinEnergie to assist businesses in improving their energy efficiency by 30-40% while achieving their decarbonization targets. This collaboration will utilize the Infosys Energy Cloud, part of Infosys Cobalt, along with Infosys Topaz, which focuses on AI-driven solutions. Together, they aim to support enterprises in their energy transition and sustainability efforts.

Infosys, a global leader in digital services and consulting, has announced a partnership with Kardex, a top provider of intralogistics solutions, to enhance its business operations with SAP S/4HANA. Using Infosys Cobalt, a collection of services and platforms designed to speed up cloud adoption, Infosys will assist Kardex in unifying its ERP system across more than 30 countries. This collaboration aims to improve operational efficiency and scalability for Kardex.

CMOs who are skilled in AI are increasingly impacting business decisions, with 62% reporting that their role is expanding as they use AI to enhance brand experience and improve marketing efficiency. On November 13, 2024, Infosys Knowledge Institute, part of Infosys, released a global research report called CMO Radar 2024. Infosys is recognized as a leader in digital services and consulting.

Dublin, November 5, 2024 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has included a new report titled "Growth Opportunities in Test & Measurement for Artificial Intelligence, 2024-2028."