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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