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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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Financial News Media | Global Market for Retail Omni-Channel Commerce Platform Could Exceed US$12.7 Billion by 2025

Palm Beach, FL – January 6, 2021 – According to most experts the global Retail Omni-Channel Commerce Platform market will be driven by the growing business opportunity for eCommerce against the backdrop of the fact that the consumer purchase cycle is increasingly characterized by seamlessly shifting across channels and devices. Reports show that modern consumer behavior is rapidly changing with most consumers buying on various channels, making purchase cycle long, interconnected and complicated. Few of the factors highlighting the fact that a large majority of people shop across channels include emerging data that shows over 90% of customers in the United States switch between devices during the same day; modern customers today use an average of 6 touch-points for shopping that include physical store, online store, smartphone, PC, laptop and tablet; and to avoid shipping fee, increasing number of customers prefer to shop online and pick-up instore. Customers expect physical st ....

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Global Market for Retail Omni-channel Commerce Platform Could Exceed US$12.7 Billion by 2025

Global Market for Retail Omni-channel Commerce Platform Could Exceed US$12.7 Billion by 2025
FinancialNewsMedia.com News Commentary
PALM BEACH, Fla., Jan. 6, 2021 /PRNewswire/ According to most experts the global Retail Omni-Channel Commerce Platform market will be driven by the growing business opportunity for eCommerce against the backdrop of the fact that the consumer purchase cycle is increasingly characterized by seamlessly shifting across channels and devices. Reports show that modern consumer behavior is rapidly changing with most consumers buying on various channels, making purchase cycle long, interconnected and complicated. Few of the factors highlighting the fact that a large majority of people shop across channels include emerging data that shows over 90% of customers in the United States switch between devices during the same day; modern customers today use an average of 6 touch-points for shopping that include physical store, online store, smartphone, PC, l ....

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