Infosys reported modest growth in its latest quarter, but fell short of market expectations. The company's margins improved by 10 basis points due to reduced onsite costs and enhanced operational efficiencies. However, analysts from Motilal Oswal Financial Services anticipate margin pressures in the December quarter due to seasonal furloughs and fewer working days. Infosys is implementing cost-saving initiatives such as subcontractor optimisation and its "Project Maximus" plan to offset these challenges. The company has also delayed salary hikes for employees, but selective increments are being given to top performers in high-demand areas like artificial intelligence.
https://indiatoday.in/business/story/it-giant-infosys-delays-annual-salary-hikes-to-q4-3-reasons-why-stmp-2660403-2025-01-06Experts predict that in 2025, enterprises will use artificial intelligence (AI) agents to generate new revenue streams and innovate business processes across industries. This is expected to boost profitability, operational efficiency, and customer experience. According to industry experts such as Sandhya Arun, Chief Technology Officer at Wipro, and Mohammed Rafee Tarafdar, CTO of Infosys, AI will be used to automate tasks and re-engineer processes, improving reasoning capabilities and enabling the use of small language models that can deliver higher accuracy at lower cost.
https://www.lokmattimes.com/business/ai-to-generate-new-revenue-streams-in-2025-innovate-business-processes-experts/