Infosys Cobalt and Amazon Braket will enable businesses to
begin exploring the potential of quantum computing
BENGALURU, India, Sept. 22, 2021 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:
INFY), a global leader in next-generation digital services
and consulting, today announced a strategic collaboration with
Amazon Web Services (AWS) to develop quantum computing
capabilities and use cases. Infosys will use Amazon Braket to
explore and build multiple use cases in quantum computing as part
of Infosys Cobalt cloud offerings. Amazon Braket is a fully
managed quantum computing service that helps scientists and
developers get started with the technology and accelerate research
and discovery.
Infosys will look to build, test, and evaluate quantum
applications on circuit simulators and quantum hardware
technologies using Amazon Braket. This will enable researchers and
developers to experiment and study complex computational problems
as quantum technologies continue to evolve. Enterprises will get
access to use cases for rapid experimentation and can explore how
quantum computing can potentially help them in the future in a
variety of areas, assess new ideas and plan adoption strategies to
drive innovation. The use of Amazon Braket by Infosys aims at
getting businesses ready for a future where quantum computers will
impact business.
The Infosys Center for Emerging Technology
Solutions (iCETS), which focuses on the incubation of
next-generation services and offerings, is using Amazon Braket to
develop quantum computing use cases in vehicle route optimization,
fraud detection, and more. Infosys is also exploring partnership
opportunities with startups in the quantum computing space through
the Infosys Innovation Network (IIN). This collaboration further
bolsters Infosys Cobalt, a set of services, solutions, and
platforms for enterprises to accelerate their cloud journey. It
offers 14,000 cloud assets and over 200 industry cloud solution
blueprints.
Ravi Kumar S, President, Infosys, said, "Infosys
continues to be at the forefront of exploring and bringing new
technologies to clients. Through our use of AWS in this space, we
are bringing together the power of Amazon Braket and Infosys Cobalt
to help enterprises build quantum computing capabilities and use
cases to accelerate their cloud-powered transformation. We are
exploring a variety of use cases from the logistics, finance,
energy, and telecom sectors that can help clients evaluate future
benefits and value that quantum computing could bring to their
business. Enterprises can look forward to solving their various
complex computational challenges with Infosys Cobalt and Amazon
Braket."
Matt Garman, Senior Vice
President of Sales & Marketing at Amazon Web Services, Inc,
said, "Quantum Computing is an area of intense research, and a
number of businesses around the world are asking about its timeline
and the opportunities that it could open. At this stage, it's
important to be aware and evaluate the potential future impact of
quantum computing. Infosys, a long-standing for AWS Premier
Consulting Partner, has experience in incubating emerging
technology solutions. We see this collaboration as an important
step towards setting the right expectations when discussing
business problems with customers where quantum computing could have
a role."
For more information on the collaboration visit:
https://www.infosys.com/services/cloud-cobalt/insights/whats-next-quantum-computing.html
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in more than 50 countries to
navigate their digital transformation. With over four decades
of experience in managing the systems and workings of global
enterprises, we expertly steer our clients through their digital
journey. We do it by enabling the enterprise with an AI-powered
core that helps prioritize the execution of change. We also empower
the business with agile digital at scale to deliver unprecedented
levels of performance and customer delight. Our always-on learning
agenda drives their continuous improvement through building and
transferring digital skills, expertise, and ideas from our
innovation ecosystem.
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, financial expectations and plans for navigating the
COVID-19 impact on our employees, clients and stakeholders 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 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 COVID-19 and the effects of government and
other measures seeking to contain its spread, risks related to an
economic downturn or recession in India, the United
States and other countries around the world, changes in
political, business, and economic conditions, fluctuations in
earnings, fluctuations in foreign exchange rates, our ability to
manage growth, intense competition in IT services including those
factors which may affect our cost advantage, wage increases in
India, our ability to attract and
retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, industry segment concentration, our
ability to manage our international operations, reduced demand for
technology in our key focus areas, disruptions in telecommunication
networks or system failures, our ability to successfully complete
and integrate potential acquisitions, liability for damages on our
service contracts, the success of the companies in which Infosys
has made strategic investments, withdrawal or expiration of
governmental fiscal incentives, political instability and regional
conflicts, legal restrictions on raising capital or acquiring
companies outside India,
unauthorized use of our intellectual property and general economic
conditions affecting our industry and the outcome of pending
litigation and government investigation. Additional risks that
could affect our future operating results are more fully described
in our United States Securities and Exchange Commission filings
including our Annual Report on Form 20-F for the fiscal year ended
March 31, 2021. 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