Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, November 10 2020 - 22:44
AsiaNet
Launching Infosys Applied AI: Integrated Offering for Enterprises to Scale and Future-proof AI-powered Transformation
BENGALURU, India, Nov. 10, 2020 /PRNewswire-AsiaNet/ --

    Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader in 
next-generation digital services and consulting, today launched Infosys applied 
AI to help enterprises adopt a comprehensive approach and roadmap to scaling 
enterprise-grade AI for their businesses. Infosys applied AI converges the 
power of AI, analytics and cloud to deliver new business solutions and 
perceptive experiences. The integrated offering will also future-proof and 
efficiently scale AI investments enterprise-wide while managing the risks. With 
Infosys applied AI, businesses can readily access, deploy and contextualize 
services from the applied AI cloud.

    This offering will serve businesses, across industries, in building 
resilience into their operating model and uncovering smart innovations that 
deliver renewed and intuitive customer experiences for the next normal. 

    Discover ready-to-deploy solutions across the value chain

    Working with Infosys applied AI, companies can discover ways for AI to make 
an impact across the enterprise. A growing portfolio of ready-to-use Infosys AI 
solutions can be quickly adapted to their specific business needs. For example, 
an American bank used one of these solutions to create an NLP-based expense 
claims management mobile app. Infosys applied AI also helps enterprises uncover 
actionable insights from their data estates, open-source data, and curated data 
exchanges on the cloud to build new AI models and use cases. With Infosys 
applied AI, businesses can create custom solutions in the AI living labs, 
orchestrating offerings from startups and the Infosys partner ecosystem 
comprising over 30 leading providers of intelligent automation, AI solutions, 
data solutions, and enterprise security. 

    Future-proof and efficiently scale AI enterprise-wide  

    With Infosys applied AI, enterprises can build their AI cloud, access open 
source AI software as a service on their hybrid cloud infrastructure, and 
harness edge AI capabilities. This can work in tandem with any hyperscale cloud 
provider's services providing more choices and future-proofing investments. For 
example, with Infosys applied AI, a leading communication services provider 
created a machine learning workbench for data engineers to collaborate, 
deliver, and industrialize a catalog of real-time enterprise-wide business 
solutions. Enterprises can also take advantage of a range of cognitive 
automation services and platforms to meet their needs. 

   Derisk AI in the enterprise to manage reputational risks

   Businesses can rely on Infosys' membership in consortiums working for AI 
standards development. With Infosys applied AI, analytics model 
interpretability, bias detection, and continuous performance monitoring are 
built into various stages of the product lifecycle, from development to 
deployment and use. For example, using Infosys applied AI, a machinery 
manufacturer analyzed warranty claims patterns to eliminate bias, from the data 
set and process, before reengineering and automating the claims approval 
process. 

   Ravi Kumar S, President, Infosys, said, "AI is integral today for 
enterprises looking at digital acceleration. The combination of data, cloud and 
AI is providing enterprises a distinct source of competitive advantage to their 
digital initiative by helping them unearth new possibilities across the 
ecosystem. Infosys applied AI, together with our investments in cloud through 
Infosys Cobalt, helps enterprises unlock value from data at scale and enables 
them to discover new applications that deliver perceptive experiences and 
differentiated offerings"

   Businesses, the world over, are leveraging Infosys applied AI offerings.

   "We led a consortium of partners to demonstrate how data analytics, 
blockchain, Internet of Things and AI models can help predict demand, 
consumption and price as accurately as seasoned experts would, for trading 
companies to streamline their business trading and procurement process. The 
information was presented via a simple, intuitive dashboard that could be 
easily understood even by a non-technologist. At the heart of this 
game-changing innovation was Infosys applied AI offerings," said Jane Cole, 
Director, Head of Product Management - Lending Product, Service & 
Transformation, Westpac Institutional Bank

   "Citizens Financial Group is built on the principle that we succeed only 
when our customers succeed. With our mortgage portfolio growing exponentially, 
we are keen to make sure that our customers can count on responsive services 
from us. We partnered with Infosys to draw on their applied AI capabilities and 
intelligently automate our mortgage information extraction and audit process. 
Having significantly reduced manual efforts and rework, we are able to rapidly 
onboard new loan portfolios and enhance customer experience," said Robert J. 
Bush, SVP, Home Mortgages, Citizens Bank 

   "At Roland-Garros, we have been able to reimagine the experience of tennis 
not just for our fans, but players, coaches and FFT journalists too. Advanced 
analytics and applied AI from our partner Infosys is bringing them all the 
opportunity to take an insights-driven expert view of the game that will 
ultimately help us reshape the way the world enjoys tennis," said Florian Le 
Moigne, Head of Digital, French Tennis Federation (FFT)

   Infosys' approach to scaling AI across the organization is as much about 
future-proofing people and processes as it is about cutting edge technology.

   Balakrishna D.R., Head - AI & Automation Services, Infosys, said, "Our 
clients are looking to scale AI across their organizations. They want to 
discover greater value from AI, democratize it across rank and file teams, and 
derisk its application to be ethical, explainable and responsible. We have 
launched Infosys applied AI to help them realize their AI ambitions."

   Infosys applied AI helps enterprises build trust with employees as it does 
with customers. Businesses can deploy Infosys Wingspan digital learning 
platform to reskill employees for the human+AI workforce, and Infosys low-code 
development platforms to enable them to make with AI. This helps employers to 
better manage the talent risks that AI poses to the traditional workplace. 

For a quick overview of Infosys applied AI, please watch  
https://www.youtube.com/watch?v=bw0NtKhwEDo&feature=emb_logo  

    To read more about Infosys applied AI, please visit 
https://www.infosys.com/appliedai/ 

    About Infosys

    Infosys is a global leader in next-generation digital services and 
consulting. We enable clients in 46 countries to navigate their digital 
transformation. With nearly four decades of experience in managing the systems 
and workings of global enterprises, we expertly steer our clients through their 
digital journey. We do it by enabling the enterprise with an AI-powered core 
that helps prioritize the execution of change. We also empower the business 
with agile digital at scale to deliver unprecedented levels of performance and 
customer delight. Our always-on learning agenda drives their continuous 
improvement through building and transferring digital skills, expertise, and 
ideas from our innovation ecosystem.

    Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your 
enterprise navigate your next.

    Safe Harbor

    Certain statements in this release concerning our future growth prospects, 
financial expectations and plans for navigating the COVID-19 impact on our 
employees, clients and stakeholders 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 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 COVID-19 and the 
effects of government and other measures seeking to contain its spread, risks 
related to an economic downturn or recession in India, the United States and 
other countries around the world, changes in political, business, and economic 
conditions, fluctuations in earnings, fluctuations in foreign exchange rates, 
our ability to manage growth, intense competition in IT services including 
those factors which may affect our cost advantage, wage increases in India, our 
ability to attract and retain highly skilled professionals, time and cost 
overruns on fixed-price, fixed-time frame contracts, client concentration, 
restrictions on immigration, industry segment concentration, our ability to 
manage our international operations, reduced demand for technology in our key 
focus areas, disruptions in telecommunication networks or system failures, our 
ability to successfully complete and integrate potential acquisitions, 
liability for damages on our service contracts, the success of the companies in 
which Infosys has made strategic investments, withdrawal or expiration of 
governmental fiscal incentives, political instability and regional conflicts, 
legal restrictions on raising capital or acquiring companies outside India, 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry and the outcome of pending litigation and government 
investigation. Additional risks that could affect our future operating results 
are more fully described in our United States Securities and Exchange 
Commission filings including our Annual Report on Form 20-F for the fiscal year 
ended March 31, 2020. 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.

 
    For more information, please contact PR_Global@Infosys.com

    Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg  

SOURCE: Infosys