1. Infosys shares gain after company announces Aikido

Infosys shares gain after company announces Aikido

These services are aimed at helping clients address a non-disruptive renewal and simplification of their existing landscapes; introduction of new offerings and business models in a dynamic business environment and create a culture of innovation in their organisation.

By: | Updated: August 21, 2015 5:36 PM
Infosys shares

Infosys shares gained over 1 per cent in the early trade on Friday after the company on August 20 (post market hours) announced that it has launched Aikido, (Photo: Reuters)

Infosys shares gained over 1 per cent in the early trade on Friday after the company on Thursday (post market hours) announced that it has launched Aikido, three enhanced service offerings in Design Thinking, Platforms and Knowledge-Based IT (KBIT).

At 9.50 am, the share price of Infosys was trading 1.50 per cent higher at Rs 1,155.30. It opened at Rs 1,141 and had touched a high and low of Rs 1,156 and 1,119.10, respectively, in trade so far. The BSE Sensex was down 354 points at 27,265.

The scrip closed 1.09 per cent higher at Rs 1,150.60.

Infosys in a release said, “These services are aimed at helping clients address a non-disruptive renewal and simplification of their existing landscapes; introduction of new offerings and business models in a dynamic business environment and create a culture of innovation in their organisation.”

The knowledge-based IT service (called Ki) will include developing operating roadmaps and plans to rationalise existing IT initiatives, curation services to help companies consolidate and transition operations and their workforce, among other offerings.

The Design Thinking service offering (called Do) will offer strategic design consulting and the enablement of the future workforce. Both the services will be offered by Infosys Consulting.

The Artificial Intelligence services will include the Infosys Automation Platform, a Service Automation Platform and the other platforms in Infosys Edge unit. These services will be called Ai, the company said.

According to Infosys, together, Ai, Ki and Do will help bring together existing Infosys services to serve strategic priorities of global businesses.

In addition, Infosys said it would offer platforms to address the Internet of Things and application programming interface requirements of its clients.

Vishal Sikka, chief executive officer, Infosys said, “Aikido an important step to further accelerate the execution of our strategy to renew existing services and move into entirely new areas, as well as to tie together our existing service lines to the strategic priorities of our clients.”

Angel Broking has accumulate rating on Infosys shares.

  1. R
    Ramanan
    Aug 21, 2015 at 10:04 am
    As a former employee, my stomach churns when I see this new man operate. Insiders bitterly complain that he is more full of hype than anyone they have seen before, doesn't understand the service space at all and confuses it with the product space where he has some familiarity, and makes serious technical mistakes while pretending to understand recent technologies (let us face it, people in their 40's, even with PhD's, do not understand tools of today with anywhere as much grasp as the 20 somethings). God help Infy from this and other pretenders who are now in top positions ...
    Reply

    Go to Top