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Home Banking & Finance

Launched: Infosys applied AI for enterprises

Fiinews by Fiinews
November 11, 2020
in Banking & Finance, Projects, Technology
Reading Time: 3 mins read
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Infosys helps enterprises unlock value from data

Infosys (NYSE: INFY) has launched Infosys applied AI to help enterprises adopt a comprehensive approach and roadmap to scaling enterprise-grade AI for their businesses, building resilience into their operating model and uncovering.

The combination of data, cloud and AI is providing enterprises a distinct source of competitive advantage to their digital initiative by helping them unearth new possibilities across the ecosystem, Ravi Kumar S, President, Infosys, explained announcing the launch on 10 Nov 2020.

“Infosys applied AI, together with our investments in cloud through Infosys Cobalt, helps enterprises unlock value from data at scale and enables them to discover new applications that deliver perceptive experiences and differentiated offerings,” he said.

Infosys applied AI converges the power of AI, analytics and cloud to deliver new business solutions and perceptive experiences. The integrated offering will also future-proof and efficiently scale AI investments enterprise-wide while managing the risks. With Infosys applied AI, businesses can readily access, deploy and contextualize services from the applied AI cloud.

This offering will serve businesses, across industries, in building resilience into their operating model and uncovering smart innovations that deliver renewed and intuitive customer experiences for the next normal.

Working with Infosys applied AI, companies can discover ways for AI to make an impact across the enterprise. A growing portfolio of ready-to-use Infosys AI solutions can be quickly adapted to their specific business needs.

For example, an American bank used one of these solutions to create an NLP-based expense claims management mobile app. Infosys applied AI also helps enterprises uncover actionable insights from their data estates, open-source data, and curated data exchanges on the cloud to build new AI models and use cases.

With Infosys applied AI, businesses can create custom solutions in the AI living labs, orchestrating offerings from startups and the Infosys partner ecosystem comprising over 30 leading providers of intelligent automation, AI solutions, data solutions, and enterprise security.

“We led a consortium of partners to demonstrate how data analytics, blockchain, Internet of Things and AI models can help predict demand, consumption and price as accurately as seasoned experts would, for trading companies to streamline their business trading and procurement process. The information was presented via a simple, intuitive dashboard that could be easily understood even by a non-technologist,” said Jane Cole, Director, Head of Product Management – Lending Product, Service & Transformation, Westpac Institutional Bank.

“At the heart of this game-changing innovation was Infosys applied AI offerings,” added Cole.

“Citizens Financial Group is built on the principle that we succeed only when our customers succeed. With our mortgage portfolio growing exponentially, we are keen to make sure that our customers can count on responsive services from us,” said Robert J. Bush, SVP, Home Mortgages, Citizens Bank.

“We partnered with Infosys to draw on their applied AI capabilities and intelligently automate our mortgage information extraction and audit process. Having significantly reduced manual efforts and rework, we are able to rapidly onboard new loan portfolios and enhance customer experience,” shared Bush.

“At Roland-Garros, we have been able to reimagine the experience of tennis not just for our fans, but players, coaches and FFT journalists too. Advanced analytics and applied AI from our partner Infosys is bringing them all the opportunity to take an insights-driven expert view of the game that will ultimately help us reshape the way the world enjoys tennis,” said Florian Le Moigne, Head of Digital, French Tennis Federation (FFT)

Infosys’ approach to scaling AI across the organization is as much about future-proofing people and processes as it is about cutting edge technology. #technologies #AI #ML #banking #investment #projects /fiinews.com

Tags: Infosys Ltd
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