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Infosys Signs AI-Driven Digital Transformation Deal with Zooplus

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Synopsis:

Infosys partners with Zooplus to drive AI-led digital transformation, improving e-commerce and operational efficiency. Infosys share price closed 1.80% lower at ₹1,917.55 on Thursday, but the stock has delivered a 28.32% return over the past year.

Infosys News Today

On October 10, Infosys announced a significant digital transformation deal with Germany's e-commerce giant Zooplus. This collaboration will utilise Infosys Topaz, an AI-first offering, to boost Zooplus’ e-commerce and operational capabilities.

As part of this partnership, Infosys will establish a Global Capability Centre (GCC) in Hyderabad, aimed at enhancing Zooplus’ technology and customer experience.

INFOSYS LIMITED

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1959.30.40 (0.02 %)

Updated - 15 October 2024
1991.45day high
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1951.75day low
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5353705
VOLUME (BSE)

Leveraging Infosys Topaz for AI Innovation

Infosys Topaz, an advanced AI platform, will help Zooplus revolutionise its operations through AI-driven insights. The technology aims to improve e-commerce capabilities, enhance operational efficiency, and foster innovation. This move aligns with Infosys' AI-first strategy, showcasing its commitment to productivity gains and cost efficiency for clients.

Role of the Global Capability Centre

The newly established GCC in Hyderabad will play a crucial role in transforming Zooplus' customer experience. Infosys will leverage its data-driven expertise to strengthen Zooplus’ marketing, e-commerce, and supply-chain capabilities. Additionally, the GCC will enhance Zooplus’ proficiency in product management, engineering, quality, design, and technology.

Enhancing Zooplus’ Operational Efficiency

Through this collaboration, Infosys will support Zooplus in setting up a modern order management system, which is expected to improve overall operational efficiencies. Zooplus’ CEO, Geoffroy Lefebvre, expressed confidence in Infosys' ability to drive innovation, enhance customer satisfaction, and maintain a competitive edge in the e-commerce space.

Infosys Share Price Performance

On October 10, Infosys share price closed 1.80% lower at ₹1,917.55. Despite this dip, the company's stock has delivered a strong return of 28.32% over the last 12 months, showcasing its long-term growth potential. Investors continue to monitor Infosys share price closely, especially in light of strategic deals like this one with Zooplus.

Key Takeaways

Infosys' partnership with Zooplus reinforces its position as a leader in AI-driven digital transformation. The establishment of the GCC in Hyderabad will further enhance Zooplus' capabilities, ensuring it remains competitive in the fast-evolving e-commerce landscape.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

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