|Bid||9.21 x 1100|
|Ask||9.29 x 3200|
|Day's range||9.20 - 9.29|
|52-week range||6.76 - 12.08|
|Beta (5Y monthly)||0.28|
|PE ratio (TTM)||16.92|
|Forward dividend & yield||0.22 (2.48%)|
|Ex-dividend date||22 Oct 2019|
|1y target est||9.61|
PROVIDENCE, Rhode Island , May 19, 2020 Infosys (INFY), a global leader in next-generation digital services and consulting, today announced that it is partnering with the State of Rhode Island in launching a privacy-first contact tracing solution to help Rhode Islanders and state officials slow the spread of coronavirus throughout the state. Leveraging existing Infosys technologies, the company developed a mobile app that will help Rhode Islanders follow required health and safety guidelines, monitor their own activities and support the Rhode Island Department of Health by providing accurate data with user consent.
Top technology services firms are offering payment deferrals, discounts of up to 20% and other sweeteners to some U.S. banks to keep their business as the pandemic forces Wall Street to cut tech budgets, according to executives involved in the talks. Large Wall Street banks are widely expected to reduce overall budgets and discretionary tech spending, which includes areas such as technology consulting services, business analytics, research and design and process management projects. Accenture, Tata Consultancy Services, Infosys and Cognizant Technology Solutions - among the world's largest tech services vendors - have offered to do more for them at lower rates, three executives who have taken part in the discussions told Reuters.
NICE Actimize, a NICE (Nasdaq: NICE) business and a leader in Autonomous Financial Crime Management and Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, together today announced the expansion in their strategic collaboration. This global partnership will allow Infosys to offer its best-in-class delivery capabilities and resell NICE Actimize’s end-to-end financial crime software solutions through either a cloud or on-premises environment to a growing customer base around the world.
BENGALURU, India , May 13, 2020 /CNW/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, has been selected by GLOBALFOUNDRIES® (GF®), the world's leading specialty foundry, as its partner for the company's Digital Transformation program. Through this partnership, Infosys will provide expertise and analytical solutions to optimize the overall efficiency and agility of GF's manufacturing and business operations. GF will leverage Infosys' domain expertise and industry experience to transform and optimize GF's IT assets to scale its digital capabilities.
Infosys' (INFY) fourth-quarter fiscal 2020 results benefit from strong demand for its cloud service, IoT, cyber security, SaaS, user experience, data and analytics.
Infosys suspended its full-year 2021 revenue forecast on Monday, joining its software outsourcing rivals in flagging a hit to its business as the coronavirus pandemic freezes client activity in the United States and Europe. Infosys, Wipro Ltd, and Tata Consultancy Services Ltd offer a range of software services to some of the biggest companies globally that have lost business and working days due to lockdowns and production cuts. "There will be some sort of recessionary environment," Infosys Chief Executive Officer Salil Parekh told reporters in a post-earnings web conference.
Infosys' (INFY) fourth-quarter fiscal 2020 results are likely to have benefited from ongoing digital transformations and large deal wins. However, elevated expenses are expected to have negatively impacted the company's bottom line.
BENGALURU, India , March 13, 2020 /CNW/ -- Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys (INFY), today published a global research report on the workplace transformation landscape titled, 'Drive Change from Within.' The research revealed that CEOs are now prioritizing on driving a workplace transformation roadmap and contributing to its development in the organization. Infosys surveyed more than 1,300 senior leaders from banking, healthcare, manufacturing, retail, telecom, and energy and utility firms, with revenues of more than $1 billion , for this report.
Infosys Ranked a Leader in NelsonHall's Cognitive and Self-Healing IT Infrastructure Management Services Report 2020
MUNICH and BENGALURU, India , March 12, 2020 /CNW/ -- Infosys (INFY), a global leader in consulting, technology and next-generation services, today announced that it has been selected by Siemens to deploy Wingspan, Infosys' Digital Learning and Talent Transformation Platform. The company-wide deployment will provide employees a personalized learning experience and make it possible for them, among many other useful features, to track their progress and successes. Siemens is on a digital transformation journey and has become one of the 10 biggest software companies in the world over the last 10 years.
BENGALURU, India , March 11, 2020 /CNW/ -- Infosys (INFY), a global leader in next-generation digital services and consulting today announced that NelsonHall vendor evaluation and assessment tool (NEAT) has positioned Infosys as a Leader for its Agile and DevOps services. The report also calls out Infosys' ability to deliver immediate benefits to its Agile and DevOps services clients. The report highlights Infosys' strength in offering tailored DevOps solutions, dedicated low code development practice, and a broad portfolio of accelerators, partnerships, and IP with a vast delivery network.
NEW YORK , March 2, 2020 /CNW/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, and IBM (IBM) today announced a global alliance to help enterprises accelerate their digital transformation journey using the IBM public cloud. The collaboration will help enterprises -- including those in highly regulated industries such as financial services, insurance and healthcare -- to transition, modernize and transform their enterprise workloads and applications by tapping into the security, open innovation and enterprise capabilities of the IBM public cloud. As part of the relationship, Infosys will also offer its clients access to Red Hat's portfolio of open source offerings on the IBM public cloud.
MELBOURNE, Australia , Feb. 25, 2020 /CNW/ -- Tennis Radar: The Next Big Era, a report by the Infosys Knowledge Institute (IKI), the research and thought leadership arm of Infosys (INFY), the global leader in next-generation digital services and consulting found that tennis must embrace new inclusive experiences, powered by technology and analytics to engage the next generation of fans. The research surveyed 3,000 tennis fans globally and interviewed with prominent organisers, coaches, professional players, industry influencers and media. Infosys is the digital innovation partner of ATP Tour, Australian Open and Roland Garros.
INDIANAPOLIS and BENGALURU, India , Feb. 24, 2020 /CNW/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, is all set to announce a state-of-the-art Cyber Defense Center in Indianapolis . This will be Infosys' seventh global Cyber Defense Center and will complement the Infosys Technology and Innovation Center that was inaugurated in Indianapolis early last year.
PROVIDENCE, Rhode Island , Feb. 18, 2020 /CNW/ -- Infosys Foundation USA , a nonprofit organization focused on increasing access to computer science (CS) and maker education, announced this week the launch of the Pathfinders Online Institute – a platform to facilitate the ongoing professional development of K-12 public school teachers. While learning computer science is widely acknowledged as beneficial to students' future workplace success and cognitive development, 30% of teachers say they feel underqualified to teach the subject and another 20% say they feel overwhelmed according to a recent Microsoft survey. The Pathfinders Online Institute aims to provide a place for community building, best-practice sharing and curriculum resources for educators regardless of where they are in their teaching tenure.
BENGALURU, India and LOUISVILLE, Kentucky , Feb. 18, 2020 /CNW/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, announced a long-term strategic partnership with GE Appliance, a Haier company, to effectively streamline IT operations. As an IT services partner, Infosys will help GE Appliances modernize its IT infrastructure and run IT in managed services mode as part of the overall innovation and optimization agenda. As a part of this alliance, Infosys will assist GE Appliances to accelerate their digital and workplace transformation through automation-driven managed IT services support across global command centers, service desks, end-user computing, IT infrastructure, and applications.
Infosys is a huge consulting organization based in India, which works with clients as they implement complex software integrations. Today, the company announced it was buying Simplus, a Salesforce integration consultant, for $250 million. It brings a wide range of Salesforce consulting, training and integration services along with general Salesforce expertise, which Infosys hopes to put to work.