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Infosys and Microsoft Expand Strategic Collaboration to Accelerate Customer Adoption of The Microsoft Cloud and Generative AI

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In conjunction with Microsoft, Infosys Cobalt, Topaz, and Aster will aim to enhance customer experiences and drive global adoption of enterprise AI

BENGALURU, India, Oct. 9, 2024 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced an expansion of its collaboration with Microsoft to help accelerate customer adoption of generative AI and Microsoft Azure, globally. The strategic collaboration is aimed at helping Infosys’ and Microsoft’s joint customers realize the value of their technology investments and secure transformative outcomes.

Infosys and Microsoft’s generative AI collaboration commenced when Infosys became an early adopter of GitHub Copilot, which enabled them to realize significant efficiencies in code modernization and completion. Infosys is a top GitHub Copilot “customer zero” with currently over 18,000 developers who have generated and used more than 7 million lines of code from Copilot. Coupled with its recently launched, an industry-first, GitHub Center of Excellence (CoE), Infosys is uniquely positioned to offer enterprise AI innovation to customers around the world. 

In addition, Infosys was chosen as a strategic supplier to support Cloud and AI workloads for Microsoft’s enterprise customers. Infosys will infuse Microsoft’s generative AI suite of offerings across its Solution IP portfolio to bring unique capabilities to market, helping clients achieve cost-efficiency, scalability, and agility.

In conjunction with Microsoft’s technology and its own industry-leading AI and Cloud suite of offerings, Infosys Topaz and Infosys Cobalt, as well as its AI-powered marketing suite Infosys Aster, the collaboration will help enhance customer experiences and drive the global adoption of enterprise AI.

The scope of this expanded collaboration will include:  

Financial Services – Infosys’ domain expertise with Finacle, alongside Microsoft’s advanced capabilities will enable financial institutions to engage, innovate, operate, and transform more efficiently.Healthcare – Infosys Helix, a next-gen healthcare payer platform built on Microsoft Azure, uses AI/ML automation to optimize patient outcomes, will provide access to care, and enhance constituent experiences, while streamlining processes and reducing costs.Supply Chain – This sector will see optimized processes and increased agility through the combined strengths of TradeEdge and Azure OpenAI service.Telecommunications – Microsoft’s generative AI and Infosys Live Operations platforms will deliver enhanced connectivity and customer experiences.Infosys Energy Management Solution, coupled with Microsoft’s commitment to sustainability, will accelerate the NetZero journey for customers.Customer service – Infosys Cortex, an AI-driven customer engagement platform, integrates Microsoft GenAI and Copilot to deliver specialized and individualized copilot assistance to every member of a customer service organization.

Many of these solutions will be available on Azure Marketplace, allowing customers to utilize their Microsoft Azure Consumption Commitment (MACC), creating a mutually beneficial market proposition.

As the collaboration grows, both companies are also focusing on sharing best practices for Responsible AI. Infosys is a key partner in The Microsoft Responsible AI Partner Initiative, contributing to the development of ethical AI guidelines through Infosys’ Responsible AI (RAI) Office. Skilling efforts are also part of the collaboration, ensuring that the workforce is equipped with the necessary expertise to support these initiatives.

Anand Swaminathan, EVP and Global Industry Leader – Communications, Media and Technology, Infosys, said, “This collaboration addresses various business problems by delivering heightened value to clients through a customer-centric approach, providing scalability, agility, and cost-efficiency across key sectors like Finance, Healthcare, Supply Chain, and Telecommunications. As Infosys and Microsoft embark on this transformative journey together, we are poised to redefine industry standards and empower organizations to thrive in the era of generative AI.”

Nicole Dezen, Chief Partner Officer at Microsoft, said, “Our expanded collaboration with Infosys will transform industries, enhance business operations, elevate employee experiences, and deliver new value for customers. Together, we will harness the power of generative AI to deliver innovative solutions, drive AI Adoption and  enable unprecedented innovation for customers.”

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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SOURCE Infosys

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New Single Photon Detector on Silicon Photonics Platform Charts Path for Highly Integrated Room Temperature Quantum Computer

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MENLO PARK, Calif. and BOSTON, Oct. 9, 2024 /PRNewswire/ — Artilux, the leader of GeSi (germanium-silicon) photonics technology and pioneer of CMOS (complementary metal-oxide-semiconductor) based SWIR (short-wavelength infrared) single photon detection, announces its collaboration with Dr. Richard A. Soref, a renowned expert widely known as the “father of silicon photonics”, to jointly investigate the field of quantum information processing based on the integrated silicon photonics platform. The first result from this collaboration, recently published in APL Quantum titled “Room-temperature photonic quantum computing in integrated silicon photonics with germanium–silicon single-photon avalanche diodes”, charts a new path for “cryogenics-free” quantum information processing applications.

Currently, large-scale photonic quantum computing (PQC) systems typically consist of three main building blocks: (1) quantum sources that generate single photons, (2) quantum circuits that manipulate single photons, and (3) quantum detectors that measure single photons. Existing PQC architectures rely on superconducting nanowire single-photon detectors (SNSPDs) based on superconductors such as niobium nitride (NbN) operated at a temperature less than 4 Kelvin. Such a cryogenic cooling requirement not only consumes a huge amount of power, it also makes testing systems slow and expensive, significantly limiting wider use outside of specialized facilities.

To bring PQC systems into a revolutionary room-temperature (RT) operation paradigm, this work has proposed replacing the conventional SNSPDs with a newly designed waveguide-based germanium-silicon (GeSi) single-photon avalanche diode (SPAD) based on Artilux’s recent breakthrough published in Nature in February 2024. By combining on-chip waveguided spontaneous four-wave mixing sources, waveguided field-programmable interferometer mesh circuits, and a waveguided spatially-multiplexed array of photon-number-resolving GeSi SPADs detectors with a proper gating window, a highly integrated electronic-photonic system capable of being operated outside cryogenic environment can be realized. When benchmarked to NbN SNSPD designs, the group has further shown that the simulated RT GeSi SPAD designs might even outperform current NbN SNSPD based designs.

Dr. Richard A. Soref said, “Cryogenic modules are presently used in all photonic quantum computers and in many photonic quantum information applications, and we expect that such modules can be eliminated after experimental R&D on photonic integrated circuits (and their associated electronic circuits) confirms our predictions of performance metrics that are fully equivalent to those of the present art.”

Dr. Neil Na, Chief Scientist and CTO of Artilux, also addressed, “This unique system platform is a dream come true for many scientists and engineers, because the analyzed photonic integrated circuits combined with novel single-photon detectors can be used for room-temperature photonic quantum computing, which is significant in accelerating the R&D needed to enter the era of universal quantum computing.”

This groundbreaking collaboration between Artilux and Dr. Soref marks the first sign that RT GeSi SPADs may compete with cryogenic NbN SNSPDs in many quantum information processing applications, including quantum computation, quantum communication, quantum sensing, and quantum imaging. As the demand for quantum technology grows, this innovative approach has the potential to accelerate widespread adoption, bringing the future of RT quantum computing closer to reality. Artilux is poised to be a critical member here by continuing to push the boundaries of photonics technology, driving innovation that will shape the next generation of computing and beyond.

For more information about the paper published and featured by APL Quantum, please visit: https://pubs.aip.org/aip/apq/article/1/3/036123/3312943/Room-temperature-photonic-quantum-computing-in?searchresult=1For more information about the paper reported by Scilight, please visit: https://pubs.aip.org/aip/sci/article/2024/38/381104/3312983/Design-of-germanium-silicon-diode-points-to-roomFor more information about Artilux, please visit www.artiluxtech.com.

【About Artilux】

Since 2014, Artilux is renowned for standing at the forefront of global innovation in germanium-silicon (GeSi) photonics technology. Building upon a proven record of excellence in silicon photonics that meets the ever-growing demand in high-data throughput and low-power consumption, our dedicated team relentlessly pushes technology boundaries to further deliver fundamental science breakthroughs to expand applications from optical communications for consumer-electronics market to optical sensing, imaging, and computing. As a trailblazer in CMOS-based short-wave infrared (SWIR) photon detection technology, we provide comprehensive and cross-disciplinary solutions that drive client growth in digital health, consumer electronics, industrial, autonomous driving, mixed reality, quantum computing, and more, empowering a brighter photonics ecosystem of tomorrow. Our vision is to continually refine and lead the global evolution of photonics technology, transforming this cutting-edge technology into enriched life experiences, and enlightening the path from information to intelligence. For more information, visit www.artiluxtech.com.

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SOURCE Artilux; www.artiluxtech.com

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All Energy Solar Recognized For their Outstanding Work at ‘The Happiest Place on Earth’

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SAINT PAUL, Minn., Oct. 9, 2024 /PRNewswire/ — Last month, leaders from Minnesota’s local solar provider, All Energy Solar, were at ‘the happiest place on Earth”—not quite Disneyland, but close enough in Anaheim, California, to attend a national convention hosted by RE+.

“We’re proud to once again earn this exclusive honor, which is a testament to our outstanding team’s hard work”

RE+, formerly known as SPI, took its first steps in 2004 in San Francisco, drawing over 1,000 attendees. Today, it has grown into the largest renewable energy event in the U.S., offering networking opportunities and a wealth of education for various industries within the clean energy sector. With over 40,000 attendees and 1,300 exhibitors from around the world this year, the event provides a unique platform to learn and share knowledge about solar, storage, wind energy, electric vehicles and their infrastructure, microgrids, and fuel cells.

With 15 years of experience in the industry, All Energy Solar achieves yet another honor for outstanding work and continues to be nationally recognized. For the third consecutive year, All Energy Solar was awarded the Renewable Energy Corporation (REC) Installer of the Year title in the Central Region, which was presented at the convention.

“We’re so honored to receive this award for a third year in a row. It shows the commitment All Energy Solar has to using high-quality equipment,” said Brian Allen, Co-Founder and President. “The industry progresses in various ways to create new advancement and efficiency. It’s inspiring to see fellow industry leaders make clean energy accessible for more people.”

The U.S. Installer Awards was new in 2023, though similar events have occurred throughout Europe. RE+ and EUPD Research hosted the awards to recognize companies for their growth, performance, and commitment to transition to solar power. All Energy Solar achieves the highest level of recognition as a Top Brand PV Installer for another year.

“We’re proud to once again earn this exclusive honor, which is a testament to our outstanding team‘s hard work, our track record in the marketplace and our overall company growth,” said Michael Thalhimer, Director of Business Development at All Energy Solar. “We understand that very few companies nationally have received this award, so it means a great deal to be acknowledged for our role as a leader in the solar industry.”

All Energy Solar offers a variety of services including residential solar, commercial solar, energy storage, electric vehicle chargers, smart electric panels, and roofing in limited locations. The company installs residentially in Illinois, Iowa, Massachusetts, Minnesota, New Hampshire, and Wisconsin, and performs commercial installations nationally and internationally.

About All Energy Solar
All Energy Solar Inc. provides a full-service solar energy integration experience for residential, commercial, agricultural, and government customers. With industry-leading certifications and full electrical and building licenses, All Energy Solar installs quality solar power systems with excellent customer service throughout the experience and after installation. www.allenergysolar.com.

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SOURCE All Energy Solar, Inc

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Elevate Honored with BenefitsPRO’s 2024 Luminaries Award

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Award spotlights individuals and organizations that are leading the way and impacting the benefits industry

DENVER, Oct. 9, 2024 /PRNewswire/ — Elevate, a modern consumer directed benefits administration platform, today announced it has been named to BenefitsPRO Luminaries Class of 2024 in the Leadership category.

This recognition celebrates top professionals and organizations within the benefits industry that strive to transform and humanize the field and set a bright example within the business. The 2024 honorees were selected by a panel of industry experts based on how well they stated and achieved goals with regards to the nomination category; how impactful their work has been; how dedicated the nominee has been to furthering modernization and humanization in the insurance business; and the nominee’s commitment to the highest ethical standards, as well as dedication to service and excellence.

“Our 2024 honorees are leading examples of the progress our industry continues to make toward creating more equitable, affordable benefits and transparent, high-quality health care for millions of Americans,” said BenefitsPRO Editor in Chief Paul Wilson. “BenefitsPRO is proud to once again shine a spotlight on thought leaders and innovators in our industry who are doing things the right way.”

“Building on the power of AI, Elevate is raising the standard for consumer-directed benefits. From simplified claim submission to instant feedback mechanisms, Elevate has made the employee benefits process simpler, smarter and more accessible than ever before,” said Brian Cosgray, Elevate co-founder and CEO. “We’re honored to be recognized amongst such an esteemed group of individuals and organizations committed to meeting the needs of employers and employees in a way that wasn’t previously possible without technological innovations.”

Elevate was recently recognized with several notable honors. Elevate’s co-founder and CTO, Brian Strom, was recently named an Outstanding Tech Innovator by Employee Benefits News. Elevate was also recently honored with the 2024 Tech Award for AI Innovations in Employee Benefits by Lighthouse Research & Advisory.

About Elevate
Elevate is the first completely cloud-based, API-driven, and AI-enabled consumer directed benefits platform with a focus on configurability, embeddability, and real-time automation. The all-in-one platform can manage all types of benefit accounts, from health savings accounts (HSAs) to complex health reimbursement arrangements (HRAs), and even commuter and lifestyle accounts. Elevate’s team of industry experts recognized the need for modern technology in an outdated benefits administration industry, which led to the creation of Elevate in 2020. Today, Elevate collaborates with forward-thinking partners, including professional employer organizations (PEOs), third party administrators (TPAs), health plans, benefits administrators, and financial services companies, to provide a fully integrated benefits account experience for thousands of employers and their employees across the U.S. Learn more at www.elevate.inc

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SOURCE Elevate

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