Infosys and Microsoft, two leaders in the technology industry, have announced a collaboration to develop industry-leading AI (Artificial Intelligence) solutions. The two companies will combine their respective expertise in AI, machine learning, and cloud computing to create solutions that help businesses across all industries improve their operations, boost productivity, and drive revenue growth.
One of the key areas of focus for the collaboration is generative AI. Generative AI is a type of AI that can create new content, such as text, images, and code. It has the potential to revolutionize many industries, from healthcare to manufacturing to finance.
Balakrishna D. R. (Bali), Executive Vice President and Global Head – AI and Automation, Application Development & Maintenance, Infosys, said, “Infosys Topaz is empowering businesses with improved operational efficiencies and reduced time-to-market for launching new products and services. It converges the power of Infosys Cobalt and data analytics to AI-power business and deliver cognitive solutions and intuitive experiences that revitalize growth. Through our strategic collaboration with Microsoft, we will continue to lead the generative AI revolution, helping businesses amplify human potential and navigate their next step towards becoming AI-first enterprises.”
Infosys and Microsoft are already working together on a number of generative AI projects. For example, they are developing a solution to help financial advisors automate the organization of their documents. This solution uses generative AI to generate summaries of documents and provide a semantic search capability. This helps advisors to quickly find the information they need, which saves them time and improves their productivity.
Nicole Dezen, Chief Partner Officer, Microsoft Corp, said, “We’re pleased to expand our collaboration with Infosys to deliver innovative solutions, utilizing Azure OpenAI Service and Azure Cognitive Services, that will help customers develop new business models, and realize new revenue streams. By harnessing the power of generative AI, Infosys will help customers accelerate growth and innovation.”
The collaboration between Infosys and Microsoft is expected to have a significant impact on the adoption of generative AI across industries. By combining their expertise and resources, the two companies are well-positioned to develop and deliver innovative solutions that help businesses realize the full potential of generative AI.