Infosys, a prominent IT services provider in India, has announced the signing of a substantial contract worth $1.5 billion with a global enterprise, which will span a period of 15 years.
The primary objective of this agreement is to enhance the company’s offerings in artificial intelligence (AI) solutions and streamline operational efficiencies. Additionally, earlier this year, Infosys secured a separate five-year deal valued at $2 billion with a current client, focused on AI and automation solutions. This trend underscores the growing emphasis on AI technology and the incorporation of data analytics within banking services.
In June, Infosys also entered into a partnership with Danske Bank to advance its digital transformation efforts.