BENGALURU, India , Sept. 12 , 2023 /PRNewswire/ — Infosys (NSE: INFY ) (BSE: INFY ) (NYSE: INFY ), a global leader in next-generation digital services and consulting, today announced a strategic multi-year collaboration with STARK Group , Europe’s largest retailer and distributor of building materials, to power their digital transformation journey by leveraging the recently launched Infosys Topaz , an AI-first suite of services, solutions and platforms that use generative AI technologies .As part of this collaboration, Infosys and STARK Group will establish a state-of-the-art data center in Denmark. It will serve as a basis for driving technological advancements and offering seamless services to STARK Groups offices across Europe.
Infosys will adopt an “AI-first” approach powered by Infosys Topaz , to provide STARK Group with AI-powered operational efficiency and service quality. In addition, Infosys will use its Live Enterprise Application Management Platform (LEAP) , a cloud-enabled platform, and part of Infosys Cobalt , to provide NextGen Application Management Services and help drive automation in the STARK Group’s IT landscape with a goal about continuously improving and developing their IT operations. Infosys will further aim to enable STARK Group to improve its cost and operational efficiencies as well as help them scale across multiple geographies.
Pernille Geneser , Group Information Manager, STARK Group, commented: “We at STARK Group are pleased to announce our collaboration with Infosys as we now embark on this journey of change towards delivering state-of-the-art and forward-looking IT services to our colleagues in the Nordics, Austria, Germany and the UK. With Infosys’ expertise, we look forward to improving the quality of our offerings and initiating many new innovations.”
Karmesh Vaswani, EVP and Global Business Head of Consumer Goods and Logistics at Infosys, says, “We are excited to embark on this transformative multi-year collaboration with STARK Group, with the goal of driving digital transformation. By leveraging our cutting-edge technologies, including Infosys Topaz and our cloud-enabled platform LEAP, we are confident that this collaboration will bring unparalleled value and innovation to the STARK Group. Together, we look forward to creating a future of success, growth and shared achievements in the digital landscape. This The collaboration further strengthens Infosys’ prominent position in the Nordic region.”
Infosys recently announced a strategic collaboration with Danske Bank to strengthen the bank’s digital transformation, which further improved Infosys’ localization strategy in the Nordics. Previously, Infosys bought BASE Life Science in Denmark and Fluido Finland. The relationship with STARK Group demonstrates Infosys’ increasing and more prominent place in the Nordic region and exemplifies the commitment they have to helping customers in the region accelerate their digital transformation.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg
SOURCE Infosys