Market Watch

On Tuesday, Infosys shares closed at Rs 1,851, up 0.5% on the BSE, while the benchmark Sensex declined 0.04%. The stock has declined 2% year-to-date but gained 17% in the last two years. The company’s market capitalization stands at Rs 7,68,793 crore. Infosys shares will be in focus on Wednesday, February 19, after the company announced the establishment of a Global Capability Centre (GCC) for Lufthansa to support the German airline’s digital transformation . As part of a $300 million IT contract, the GCC will enhance Lufthansa Group’s software and product development while strengthening support for Lufthansa Systems ’ (LSY) products. The centre will develop aviation IT products and data-driven solutions using Infosys Topaz , an AI-first offering with generative AI technologies. It will also enhance key functions, including finance, flight navigation, network and schedule design, and aircraft and crew operations. “Infosys’ expertise in digitalisation and innovation using AI and data-driven solutions will be instrumental in optimising our operations, enhancing passenger experiences, increasing productivity and stability of our operational processes,” Thomas Rückert, CIO of Lufthansa Group, said. Ashiss Kumar Dash, EVP & Global Head, Infosys, said, “Entering into this long-term collaboration with Lufthansa Group and Lufthansa Systems demonstrates the […]

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Alibaba Cloud , the digital technology and intelligence backbone of Alibaba Group, has on Tuesday announced the official launch of its first cloud region in Mexico, marking a significant milestone in its commitment to accelerating Mexico’s digital transformation and fostering innovation across Latin America. The firm said in a statement that the new infrastructure will empower businesses, startups, developers, and organizations in Latin America with secure, resilient and scalable cloud services, unlocking more growth and innovation opportunities while strengthening Mexico’s position as a leading regional tech hub. With this launch, Alibaba Cloud now boasts a global infrastructure network of 87 availability zones across 29 regions, further cementing its leadership position in the global cloud market. “The launch of our Mexico Region underscores our long-term commitment to serving this vibrant market, “We are not only bringing world-class cloud technology to support local businesses, but also building an inclusive and thriving ecosystem in Mexico together with our local partners, developers and customers to foster innovation, collaboration, and sustainable growth across Latin America,” said Selina Yuan, President of International Business, Alibaba Cloud Intelligence. Meanwhile, Manola Zabalza, Secretary of Economic Development of the Government of Mexico City, said Mexico City is the technological, […]

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The ET-MS AI Legal Summit 2025 in Mumbai explored how AI is changing the legal industry, featuring keynotes from leaders like SEBI Chairperson Madhabi Puri Buch and Microsoft’s Mike Yeh. Discussions addressed ethical considerations, AI integration, compliance, and the future of legal practices. ETLegalWorld The panel consisting of Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas; Jyoti Pawar, Group General Counsel Legal & Corporate Affairs, Microsoft CELA India; Nilanjan Sinha, General Counsel, ICICI Bank Ltd; and Sonali Kulkarni, Country Head -BFSI, Microsoft exploring trends, challenges, and opportunities in modernizing legal workflows with technology and AI solutions. As legal professionals embrace AI-powered solutions, focused on responsible AI adoption, data governance, and scalable technologies. The aim of the summit was to set the tone for future innovations, highlighting AI as the next frontier in legal transformation. Advertisement Be the first one to comment. Comment Now All Comments

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Microsoft and WSP Global have partnered to accelerate the digitalisation of the Architecture, Engineering, and Construction industry. The seven-year alliance represents a potential combined financial commitment and investment exceeding $1 billion. WSP is a global professional services firms, uniting its engineering, advisory and science-based expertise under one umbrella organisation. WSP operates in over 50 countries and employs approximately 73,000 professionals, offering solutions across the transportation and infrastructure, property and buildings, earth and environment, utilities and mining sectors. The Architecture, Engineering, and Construction (AEC) space is undergoing a period of accelerated change amid the rise of new AI technologies. Amid this, WSP is coming in for sustained demand in helping realise the adoption of the new tools – and as part of this partnership, WSP is designating Microsoft as a preferred partner for those digital and AI transformation services, including an expansion of Microsoft 365 Copilot globally. “We are immensely proud of this partnership with Microsoft as it sets an innovation milestone for WSP and our entire industry,” said Alexandre L’Heureux, chief executive officer of WSP. “This collaboration will allow us to push the boundaries of what’s possible, ensuring we stay at the forefront of technological advancements and consistently provide […]

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Healthcare organisations can leverage composable commerce to enhance their customer experience As businesses grapple with tech debt and outdated systems, Pegasystems and YouGov report that AI and ML are game-changers for customer service experiences Customer service is undergoing a transformation driven by rapid technological advancements and evolving consumer expectations. The convergence of AI, machine learning (ML) and data analytics is reshaping how businesses interact with their customers , promising more efficient, personalised and satisfying experiences. In recent years, consumers have reported increasing frustration with traditional customer service models, citing long wait times, repetitive interactions and a lack of personalisation as major pain points. However, a study by Pegasystems and YouGov across 4,000 consumers from North America and the UK on their views around how businesses prioritise their technological investments in customer experience, found that despite new technologies offering solutions to these challenges, respondents believe interacting with businesses is more difficult now than ever. Deteriorating service quality despite technological advancements More than half of the respondents (56%) reported in the study that interacting with businesses is more difficult now than it was a decade ago, despite advancements in technology such as Gen AI. Some key facts: 56% of consumers say […]

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Thomas Broadbent is an established UK manufacturer of industrial centrifuges with a global reach. Currently celebrating its 160th year, the family owned company, through embracing digital transformation, is a leading player in the marketplace. For example, the company wanted to upgrade its Waldrich Coburg VTF 3500 portal milling centre – but needed a method of doing so that was affordable within its working capital needs, which did not impose unacceptable operational interruption, and that helped the company benefit from a phase change in productivity. Digital transformation of the machine also supported Broadbent’s corporate desire to improve the company’s sustainability footprint. The solution The way forward offered by Siemens integration partner CT Systems – with the support of Siemens and Siemens Financial Services (SFS) – managed to fulfil all these criteria. Knowledge of Broadbent’s business, latest digital technology and smart financing were brought together in the CT Systems, Siemens and SFS partnership to make the solution possible and affordable. The solution proposed by CT Systems was a full retrofit of the machine. This would contain costs and carbon emissions, while making a major improvement in machine productivity. Matthew Durkin-Jones, finance director at Broadbent, comments: “The powerful combination of CT Systems’ […]

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Ethio Telecom Ethio telecom, Ethiopia’s leading telecom and digital solutions provider, has expanded its nationwide 5G expansion with the launch of 5G services in Jimma City. This milestone marks yet another significant step in the company’s mission to accelerate Ethiopia’s digital transformation, ensuring seamless high-speed connectivity and unlocking new opportunities for innovation and economic growth across the country. Since the launch of Ethiopia’s first 5G network in Addis Ababa in 2022, Ethio telecom has steadily expanded its next-generation wireless technology to key cities nationwide. Currently, 5G services have been successfully rolled out in 12 cities, including Addis Ababa, Adama, Jigjiga, Dire Dawa, Harar, Bahir Dar, Hawassa, Wolaita Sodo, Hosaena, Arba Minch, Bishoftu and Jimma. The addition of Jimma to Ethio Telecom’s 5G network is further strengthening its commitment to enhancing digital accessibility and allowing Ethiopia to harness the full potential of next-generation connectivity. 5G Now Available in Jimma Following the successful completion of network installations, 5G services are now available in various parts of Jimma City, including: Jimma Zone Administration Office Ethio Telecom South West Regional Office Ferenj Arada, Central Hotel, Haile Hotel and Stadium Area Dololo Hotel, Firomsis Hospital, and Central Merkato Kochi Area, Jimma University Main Campus, […]

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The multinational energy and petrochemical company doubles down on its transformation and commitment to gen AI as the pace of progress quickens. Credit: Flickr. Madrid-based Repsol, a repeat finalist at the 2024 CIO 100 Awards in Spain, has been immersed for years in a process of digital transformation with the aim to become more multi-energy focused, more customer oriented, and better committed to digitalization, innovation, and talent management. It’s all spelled out in its updated strategic plan for the period from 2023 to 2027, which also ratifies the organization’s pledge to energy transition and decarbonization, reinforcing how digital is an essential enabler to successfully achieve these objectives. In 2018, the company launched the first four-year wave of its digital program, serving as a cross-organizational initiative supported by senior management, and its success has been based on the business being a check against its transformation. The company extended the program with a second digital wave to continue promoting and reinforcing digitalization based on seven fundamental values: greater security and reliability in operations, intelligent planning and programming, excellence in digitalized operations, development of digitally optimized assets, omnichannel and data-driven customer experience, innovation in new business models, and agile organization. Repsol’s current […]

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Digital Transformation Market The Digital Transformation Market study by DataM Intelligence provides a comprehensive analysis of the market, delivering valuable insights, detailed statistics, historical trends, and industry-backed market data. The report explores the competitive landscape, focusing on key players in the industry. It evaluates aspects such as product offerings, pricing models, financial performance, product portfolios, growth strategies, and regional expansion to offer a thorough understanding of market dynamics and future trends. Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID) @ https://datamintelligence.com/download-sample/digital-transformation-market?an What is the projected growth of the Global Digital Transformation market? The Global Digital Transformation Market reached US$ 578.7 billion in 2022 and is expected to reach US$ 3035.5 billion by 2031, growing with a CAGR of 23.0% during the forecast period 2024-2031. What is Digital Transformation Market? Digital transformation is the integration of digital technologies into all aspects of a business, fundamentally changing how it operates and delivers value. It involves adopting automation, data analytics, cloud computing, and AI to enhance efficiency and customer experience. This transformation enables businesses to stay competitive in a rapidly evolving digital landscape. It also requires a cultural shift, fostering innovation and agility. Who are […]

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Kadmy – Fotolia Kadmy – Fotolia When building a startup , there is a real balancing act between managing expectations, educating on what’s possible, and identifying the true cost of innovation. CTOs are challenged not only to build functional technology platforms quickly, but to do so as cost effectively as possible. Startups are often not profitable therefore don’t have a lot of cash to burn, meaning the CTO has to deliver technology solutions to solve their business goals on a limited budget. Let’s look at a legacy industry like commercial insurance – it’s been undergoing a transformation in recent years. The industry is data and human heavy and is heavily regulated which is why it’s ripe for innovation. It is also playing catch-up to address the needs of many consumers who want a seamless user experience and businesses that want a modern experience – faster, streamlined, digitised, and so on – when dealing with insurance providers. This is particularly true of the on-demand economy . Leveraging technology The on-demand economy is characterised by the likes of Taskrabbit, Doordash, Uber, Deliveroo and Amazon Flex. But it’s the likes of hard working on-demand taxi and delivery drivers who are calling for […]

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