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Infosys, Microsoft expand partnership to boost adoption of Microsoft Cloud, GenAI

Economic Times

Economic Times · 1y ago

Infosys, Microsoft expand partnership to boost adoption of Microsoft Cloud, GenAI

- Infosys expands partnership with Microsoft to drive global customer adoption of generative AI and Azure - Infosys to act as a strategic supplier for cloud and AI workloads for Microsoft's enterprise customers - Infosys to infuse Microsoft's generative AI suite of offerings across its Solution IP portfolio for cost-efficiency, scalability, and agility - Collaboration aims to enhance customer experiences and drive enterprise AI adoption through integrating Microsoft's generative AI offerings with Infosys' existing solutions - Partnership also focuses on sharing best practices for Responsible AI and addressing business problems across key sectors like finance, healthcare, supply chain, and telecommunications - Infosys recognized as a leading user of GitHub Copilot, with over 18,000 developers generating more than 7 million lines of code through the tool.

Related News

Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil Parekh

YourStory

YourStory · 1y ago

Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil Parekh

Infosys CEO, Salil Parekh, revealed that there is strong interest from clients in generative AI (GenAI) and that the company is heavily focusing on its adoption. He compared the adoption of GenAI to the previous adoption curves of digital and cloud technologies, stating that as enterprises experience the benefits and outcomes of GenAI, its adoption will increase over time. Parekh also emphasized that Infosys does not foresee any layoffs associated with these technologies and that GenAI is expected to drive business growth.

Microsoft results top Wall Street targets, driven by AI investment

Economic Times

Economic Times · 1y ago

Microsoft results top Wall Street targets, driven by AI investment

Microsoft reported better-than-expected third-quarter revenue and profit, driven by the adoption of artificial intelligence across its cloud services. The company's shares jumped over 4% in after-hours trading, increasing its market value by $128 billion. Microsoft's revenue rose 17% to $61.9 billion, surpassing estimates, with earnings per share of $2.94 beating the target. The Intelligent Cloud unit, including Azure, saw revenue of $26.7 billion, surpassing expectations. Microsoft's focus on AI innovation, such as its partnership with OpenAI and the release of genAI tools, has contributed to its success.

Microsoft, Yotta join hands to drive AI innovation in India

Economic Times

Economic Times · 9m ago

Microsoft, Yotta join hands to drive AI innovation in India

Microsoft and Yotta Data Services have teamed up to boost AI adoption in India. Microsoft will integrate Azure AI services with Yotta's Shakti Cloud to provide advanced AI capabilities. This partnership supports the IndiaAI Mission's goal to foster AI innovation by engaging with government bodies, IITs, startups, and enterprises. It aims to enhance local AI capabilities, expedite AI model development, and support critical sectors like agriculture, healthcare, and finance with advanced AI solutions.

Infosys, Cognition join hands to push AI software engineer 'Devin' across global enterprises - The Economic Times

Economic Times

Economic Times · 2m ago

Infosys, Cognition join hands to push AI software engineer 'Devin' across global enterprises - The Economic Times

Infosys and Cognition have announced a strategic partnership to expand the deployment of Cognition's AI coding agent, Devin, across global enterprises. By integrating Devin into Infosys' Topaz Fabric, the collaboration aims to enhance developer productivity and streamline modernization processes. The initiative will incorporate Devin within Infosys' internal teams and client projects, aiming to transform engineering quality and efficiency. Additionally, the partnership will include shared frameworks and enablement programs to facilitate widespread adoption across industries.

Microsoft partners with Chennai-based Sarvam AI for genAI tools

Economic Times

Economic Times · 2y ago

Microsoft partners with Chennai-based Sarvam AI for genAI tools

Microsoft has announced a partnership with Indian startup Sarvam AI to support the development of voice-based generative AI applications. The partnership will facilitate the creation of genAI models targeting Indic languages and context. Sarvam AI, backed by investors like Lightspeed Venture Partners and Khosla Ventures, will make its Indic voice LLMs available on Microsoft's Azure cloud platform. Financial details of the partnership have not been disclosed yet.

The Enterprise Opportunity: SaaS Startups, India’s IT Giants Riding The GenAI Wave

Inc42 · 1y ago

The Enterprise Opportunity: SaaS Startups, India’s IT Giants Riding The GenAI Wave

Indian IT services companies like TCS, Wipro, and Infosys are embracing GenAI capabilities for various internal and external use cases. These companies are initially using GenAI to optimize operations, but the ultimate goal is to provide GenAI-based solutions to customers. India's digital product startups have been built on the legacy established by IT services giants, making the GenAI revolution significant for the Indian enterprise landscape. Adoption of GenAI is cautious, with companies primarily focusing on streamlining operations and improving customer and employee experience. However, the potential for GenAI to transform large enterprises is immense, and its adoption is expected to increase in the coming years.

Wipro, Dell Technologies expand partnership to strengthen enterprise AI offerings

YourStory

YourStory · 1y ago

Wipro, Dell Technologies expand partnership to strengthen enterprise AI offerings

Wipro has expanded its partnership with Dell Technologies to integrate their AI enterprise solutions and provide superior technology to enterprises. The collaboration aims to accelerate the adoption of AI across cloud, data center, and edge environments. Wipro's Enterprise AI-Ready platform will leverage Dell's AI Factory with Nvidia to bring GenAI processing power to data without upfront investment. The partnership will support the safe and responsible adoption of AI by offering robust governance, observability, and automation capabilities. The goal is to make AI consumption efficient, agile, reliable, and sustainable for enterprises.

Infosys tweaks hiring process, not to send job offer letters via email; here’s the reason | Mint

Livemint

Livemint · 1y ago

Infosys tweaks hiring process, not to send job offer letters via email; here’s the reason | Mint

- Infosys has implemented a new recruitment process that requires new hires to access job details through the company's internal system rather than receiving email offers. - The purpose of this new process is to prevent fraudulent recruitment practices and improve the recruitment experience for job seekers. - Instead of receiving job offers and attachments via email, new recruits will have to log into Infosys' internal system to access their job application details. - The company's career website now displays a notice informing candidates that offer letters and associated documents are only available on the career site, and they no longer send emails with attached offer letters. - Infosys has expanded its partnership with Microsoft to drive global customer adoption of generative AI and Microsoft's cloud platform Azure, with the goal of delivering innovative solutions and enabling unprecedented innovation for customers.

Infosys chairman Nilekani says GenAI has enormous potential, plays down risks

Livemint

Livemint · 1y ago

Infosys chairman Nilekani says GenAI has enormous potential, plays down risks

Artificial intelligence (AI) technology known as Generative AI (GenAI) has the potential to significantly simplify human life and boost productivity, according to Nandan Nilekani, chairman of Indian IT giant Infosys. Nilekani played down concerns about AI causing human extinction, stating that people have come to understand the benefits of responsible exploration and advancement of GenAI. He also noted the difference between consumer AI, which focuses on enhancing usability and convenience, and enterprise AI, which presents challenges in data management and ensuring factual responses and insights. Infosys CEO Salil Parekh highlighted the company's GenAI projects, which cover various areas including software engineering, process optimization and customer support.

GenAI Is Redefining Business Paradigms, But Will The Scale Of Change Gobble Up ROI?

Inc42 · 1y ago

GenAI Is Redefining Business Paradigms, But Will The Scale Of Change Gobble Up ROI?

Inc42 and Google Cloud hosted a roundtable in Bengaluru to discuss the adoption of generative AI (GenAI) in businesses. The session covered topics such as practical applications of GenAI and the ROI challenges associated with its adoption. Startup leaders from various sectors including ecommerce, deeptech, agritech, and fintech participated in the event. The discussion revolved around how GenAI can be an enabler for products and services, how it aligns with technology-driven business environments, and the potential benefits and costs of implementing GenAI initiatives. Business leaders emphasized the need to track real benefits and manage costs effectively.

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