Infosys and Nvidia collaborate for AI technology
Infosys, a prominent Indian IT company, and NVIDIA, a leading US chipmaker, have announced an expanded strategic collaboration. Their shared goal is to leverage generative AI applications and solutions to boost productivity for enterprises worldwide. As part of this enhanced partnership, Infosys will integrate NVIDIA's AI Enterprise ecosystem, encompassing models, tools, runtimes, and GPU systems, into its AI-centric offering called Topaz. This integration aims to simplify the adoption of generative AI technologies for Infosys clients.
Additionally, Infosys plans to establish a dedicated NVIDIA Centre of Excellence. This center will serve as a training hub, where Infosys intends to certify 50,000 of its employees in NVIDIA's AI technology. This skilled workforce will subsequently assist customers across various industries in harnessing generative AI's capabilities. Earlier this month, NVIDIA also unveiled collaborations with other prominent Indian companies, including Reliance and Tata Group, to advance AI capabilities in India. In partnership with Infosys, their aim is to create AI infrastructure that surpasses the capabilities of India's fastest supercomputers.
This partnership extends beyond generative AI applications and includes digitalization projects with a focus on 3D workflows, design collaboration, digital twin technology, and world simulation. The companies are also jointly developing AI solutions in areas such as 5G, cybersecurity, and the transition to renewable energy sources.
Jensen Huang, NVIDIA's CEO, emphasized the transformative potential of generative AI for enterprises, stating, "Generative AI will drive the next wave of enterprise productivity gains. The NVIDIA AI Enterprise ecosystem is rapidly evolving to provide the platform for generative AI. Together, NVIDIA and Infosys will create an expert workforce to help businesses build custom applications and solutions on this platform."
Infosys Collaborates with STARK Group to Drive Digital Transformation
A week back Infosys, joined hands with STARK Group, Europe's largest retailer and distributor of building materials. This collaboration holds great promise for both organizations as they embark on a journey of technological innovation and operational excellence.
Infosys has introduced Infosys Topaz, a cutting-edge AI-first suite of services, solutions, and platforms using generative AI technologies. STARK Group, with its extensive network of over 1,150 branches and distribution centers across Europe, saw an opportunity to enhance its operations by harnessing the power of Infosys Topaz. Infosys and STARK Group will jointly create an advanced data center in Denmark. This data center will serve as the cornerstone for driving technological advancements and providing seamless services to STARK Group's offices throughout Europe. The emphasis is on an 'AI-first' approach, powered by Infosys Topaz, which will empower STARK Group with AI-driven operational efficiencies and improved service quality.
Innovative Solutions and Automation
Infosys is bringing its Live Enterprise Application Management Platform (LEAP), a cloud-enabled platform, into action to provide NextGen Application Management Services. Part of Infosys Cobalt, this platform aims to drive automation in STARK Group's IT landscape, ensuring continuous improvement and innovation in IT operations. The goal is to not only improve cost efficiency but also enable STARK Group to expand across multiple geographies seamlessly.
A Strong Partnership for a Strong Future
STARK Group, with an annual net sales of approximately EUR 9 billion and around 20,000 employees, is owned by CVC Capital Partners Fund VII. The recent partnership with Infosys adds a new dimension to their operations, promising significant improvements in efficiency and customer service.
Infosys, not new to the Nordic region, has been actively expanding its presence. This collaboration comes shortly after their strategic partnership with Danske Bank to drive the bank's digital transformation. The acquisition of BASE Life Science in Denmark and Fluido in Finland has also contributed to Infosys' growth strategy in the region.
With the ink on this collaboration barely dry, both Infosys and STARK Group are poised for an exciting journey towards digital transformation. As the tech world continues to evolve, this partnership signals their readiness to adapt and thrive in the rapidly changing landscape. Keep an eye on these two companies as they work hand in hand to shape the future of retail and technology in Europe.
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