India’s second-largest IT company Infosys on October 18 announced that it is expanding its alliance with Google Cloud to help enterprises build AI-powered experiences leveraging Infosys Topaz offerings and Google Cloud’s generative AI solutions.
Infosys will further create the new global Generative AI Labs to develop industry-specific AI solutions and platforms, which will help enterprises infuse generative AI into their business processes, the company said in a press release.
Infosys will also train 20,000 practitioners on Google Cloud’s gen AI solutions which includes Vertex AI and Duet AI in Google Workspace, to ensure organizations have resources that can successfully develop, implement, and manage any type of generative AI project, the release further noted.
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Salil Parekh, CEO at Infosys said, “Infosys has been long making investments in the AI space. We are leveraging generative AI to deliver transformative business solutions as well as integrating it in many of our offerings to accelerate productivity. The combined strength of Google Cloud’s generative AI capabilities, Infosys Cobalt, and Infosys Topaz will help enterprises transform and future-proof their business, built on strong digital, cloud, and next-generation AI capabilities.”
Infosys and AI
Infosys Topaz and Google Cloud generative AI recently helped a leading consumer goods company to successfully launch an AI Twin to assist in real-time planning of marketing spend, promotion, and product supply across markets.
In another case, for a major telecommunications company, Infosys built a new data and AI capability on Google Cloud to drive growth through digital channels and support the end-to-end customer journey from prospecting to servicing.
Also Read | Infosys Q2 results beat street but weak guidance sends ADRs crashing 7% in New York trading
Thomas Kurian, CEO at Google Cloud said, “Generative AI is fundamentally changing how businesses operate, from enabling supply chain managers to operate more sustainably to helping marketers more efficiently create campaigns. Through our expanded partnership with Infosys, we will give our mutual customers the resources and skills needed to use generative AI today to create real-world value for their organizations.”
Infosys reported a 3 percent year-on-year (YoY) rise in net profit at Rs 6,212 crore in the second quarter of FY24. Consolidated revenue for the quarter came in at Rs 38,994 crore up 7 percent.
Also Read | Infosys order book sets pace for FY25 growth; this year's guidance cut mars robust Q2
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