LONDON, Oct. 23,
2024 /PRNewswire/ -- Infosys
(NSE, BSE, NYSE: INFY), a global
leader in next-generation digital services and consulting, today
unveiled its new and expanded Living Labs, part of a network of
over 12 established centres globally, to help clients accelerate
innovation and leverage emerging technologies for future-proofing
their business. Infosys also announced a collaboration with
University of Cambridge to establish a
new AI Lab, aimed at harnessing the power of AI to
drive positive impact for clients, academia, and students.
United Kingdom's Minister
for Digital Government and AI, Feryal
Clark, University of Cambridge's
Head of Department of Applied Mathematics and Theoretical Physics,
Professor Colm-cille Caulfield, and over 100 attendees including
clients, and partners marked the opening of the Living Labs with a
tour of the facility and a live demonstration of its
capabilities.
The Infosys Living Labs located in
London's world-renowned banking
district of Canary Wharf will enable a confluence of digital
technologies, business insights and human experience for clients
and partners. A hub for innovation activities, it will help
leverage solution accelerators, digital experiences, frameworks,
and industry solutions to ideate, prototype, and test breakthrough
ideas. A key focus at the Living Labs will be Enterprise AI, where
clients can witness AI-driven digital transformation in action.
This includes Infosys Topaz,
an AI-first offering using generative AI
technologies, and Infosys
Cobalt, a cloud-powered solution that supports
enterprises in building robust and scalable digital architectures.
By offering interactive demonstrations, workshops, and personalized
consultations, Infosys Living Labs will help organizations envision
and implement their digital transformation strategies.
The education and research collaboration
with University of Cambridge to
establish a joint AI Lab will draw from Infosys' industry expertise
and practical application of AI as well as Cambridge University's world-class education and
research capabilities to help address real-world challenges. This
new lab will also be a catalyst for cutting-edge research and
innovation initiatives.
The London Living Labs and the AI Lab are
housed within Infosys' new state-of-the-art premises spread over
25,000 sq. ft. with a capacity for 200 employees. Designed using
biophilic principles, the new workplace seamlessly blends adaptive
and modular design and sustainable practices to create a truly
modern environment offering a range of creative and collaborative
spaces. The premises have also received a Gold SKA Rating, the
highest standard, in recognition of the facility meeting the most
rigorous sustainability criteria focusing on energy efficiency,
water use, waste management, and environmental impact. The office
marks an important milestone in Infosys' journey of over 25 years
in the UK.
Tarang
Puranik, EVP and Head of Delivery for Europe, Infosys, said, "Our
Living Labs in London will help
enterprises adapt to rapidly changing business cycles and
accelerate their digital transformation journey with strategic
innovations leveraging Infosys Topaz and Infosys Cobalt.
London is a melting pot of some of
the world's most forward-thinking and disruptive companies, and our
commitment to be a major part of its technological evolution is
outlined in this significant investment through our new
state-of-the-art collaborative workspace, the launch of Infosys
Living Labs and our AI Lab in collaboration with the University of Cambridge."
Minister for Digital Government and AI,
Feryal Clark,
said, "We are putting the potential of AI at the heart
of our plans to kickstart growth in the economy. I saw first-hand
how Infosys' new London base will
support organisations and researchers to get the most out of this
technology, fuelling the new innovations which will deliver change
for people up and down the country.
Our recent International Investment Summit
secured £63 billion of investment from across the globe and this is
further proof that we're continuing to go from strength to strength
as a place to do business. By making the UK a magnet for
investment, we're delivering on our promise to ensure British
businesses are equipped with the backing they need for the
long-term so they can fully embrace the tech
revolution."
Colm-cille Caulfield, Head of Department
of Applied Mathematics and Theoretical Physics, and Co-Chair,
Cambridge Centre for Data-Driven Discovery, University of Cambridge, said,
"For centuries, Cambridge has been at the forefront of research in
the mathematical sciences, and is playing a globally leading role
in innovating, understanding and applying data-driven techniques
such as AI for the benefit of humanity. Our culture of open
multi-disciplinary enquiry, with deep coupling between research,
education, and real-world impact, resonates well with Infosys, and
we are delighted to strengthen our collaboration through this
new AI Lab. Together, we have a great opportunity to push back the
boundaries of knowledge, identifying new ways to harness the
opportunities that AI brings to disruptive advances in science, in
business, and in society. We can't wait to get to work."
About Infosys
Infosys is a global leader in
next-generation digital services and consulting. Over 300,000 of
our people work to amplify human potential and create the next
opportunity for people, businesses and communities. We enable
clients in more than 56 countries to navigate their digital
transformation. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, as they navigate their digital transformation powered by
cloud and AI. We enable them with an AI-first core, empower the
business with agile digital at scale and drive continuous
improvement with always-on learning through the transfer of digital
skills, expertise, and ideas from our innovation ecosystem. We are
deeply committed to being a well-governed, environmentally
sustainable organization where diverse talent thrives in an
inclusive workplace.
Visit www.infosys.com to
see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise
navigate your next.
Safe Harbor
Certain statements in this release
concerning our future growth prospects, or our future financial or
operating performance, 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 or outcomes 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 the execution of our
business strategy, increased competition for talent, our ability to
attract and retain personnel, increase in wages, investments to
reskill our employees, our ability to effectively implement a
hybrid work model, economic uncertainties and geo-political
situations, technological disruptions and innovations such as
Generative AI, the complex and evolving regulatory landscape
including immigration regulation changes, our ESG vision, our
capital allocation policy and expectations concerning our market
position, future operations, margins, profitability, liquidity,
capital resources, our corporate actions including acquisitions,
and cybersecurity matters. Important factors that may cause actual
results or outcomes to differ from those implied by the
forward-looking statements are discussed in more detail in our US
Securities and Exchange Commission filings including our Annual
Report on Form 20-F for the fiscal year ended March 31, 2024. 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.
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