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Transformational approach to client partnerships drive record large deals of $7.13bn in Q3 (2)

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Infosys formed a strategic partnership with Daimler AG, one of the world s most successful automotive companies, to support a technology-driven IT infrastructure transformation. Jan Brecht, Chief Information Officer, Daimler and Mercedes-Benz, said, Software becomes modular and IT infrastructure becomes big. Daimler will take three steps at once to transform its IT infrastructure: consolidation, scaling and modernization. We need to think infrastructure beyond the size of our company. With Infosys we found a partner to scale, to innovate and to speed up. Moreover, this is a strategic partnership for Daimler s IT capabilities and Infosys automotive expertise. Infosys wants to grow ....

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Transformational approach to client partnerships drive record large deals of $7.13bn in Q3

- Digital crosses 50% of revenues
BENGALURU, India, Jan. 13, 2021 /PRNewswire/ Infosys (NSE: EQINFY) (BSE: 500209) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered its highest Q3 sequential growth of 5.3% in 8 years in constant currency. On a year on year basis, revenues grew by 6.6%, digital revenues grew by 31.3% and overall digital revenue crossed more than half of total revenues. Large deal TCV was at all time high of $7.13bn with 73% being net new. Strong and steady operating margin at 25.4%. Revenue and margin guidance band increased to 4.5%-5.0% and 24.0%-24.5% respectively on the back of continued strong performance.
The Infosys team has delivered another quarter of excellent results. Execution of client relevant strategy focused on digital transformation continues to drive superior growth, well ahead of the industry. The scale of new client partnerships with leading global companies such as Vanguard, Daimler and Rol ....

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El Paso Water Selects Infosys as its Strategic Partner for Customer Service Transformation

El Paso Water Selects Infosys as its Strategic Partner for Customer Service Transformation
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El Paso Water Selects Infosys as its Strategic Partner

For digital transformation of its customer service and billingInfosys announced a strategic partnership with El Paso Water (EPWater), a municipal utility in El Paso, Texas, to transform its legacy customer information systems (CIS) with Oracle Utilities Customer to Meter (C2M). As part of this engagement, Infosys will leverage its Preconfigured Accelerator for Customer Experience (PACE), to digitize EPWater s customer engagement and billing platforms
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