Tag: infosys

Infosys Launches Free AI Certification Training on Springboard Virtual Learning Platform

IT services company Infosys on Thursday announced it has launched a free Artificial Intelligence (AI) certification training on Infosys Springboard Virtual Learning Platform. 

According to a statement, Infosys AI-first specialists and data strategists, responsible for delivering Infosys Topaz AI-first set of services, solutions, and platforms will help shape the curriculum, to arm learners with future-ready skill sets.

Infosys will provide certification in AI and Generative AI skills, crucial for landing jobs, through InfosysSpringboard Virtual Learning Platform, it said.

The certification will offer a variety of courses that cover a slew of topics related to AI, including an introductory course on AI and Generative AI, with a focus on deep learning and natural language processing, and a masterclass on AI and the impact of Generative AI.

Moreover, a customised course on ‘Citizens Data Science’ will aim to cover various aspects of the data science discipline, including Python programming, linear algebra, probability and statistics, and exploratory data analysis. Learners will get a certificate on successful completion of the course.

Infosys Springboard offers a curriculum-rich virtual platform that delivers corporate-grade learning experiences, on any device, with closer educator-learner collaboration for students from Class 6 tolifelong learners.

“This, alongside formal education, helps accelerate digital re-skilling for participating learners, ranging from school and college students to professionals and adults, it said. 

In march this year, Infosys announced the retirement of Kiran Mazumdar-Shaw as Independent Director from its Board, effective March 22, 2023, upon completion of her tenure. Accordingly, the Board has appointed D Sundaram as the Lead Independent Director of the Company based on the recommendation of the ‘Nomination and Remuneration Committee’.

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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.

Regional banks in the United States account for 2-3 percent of their revenue, JP Morgan said in a note, adding that the exposure to the recently collapsed Silicon Valley Bank could be 10-20 basis points for TCS, Infosys and smaller rival LTIMindtree, with the Tata group company in the lead.

All three companies might need to set aside provisions in the fourth quarter due to their exposure to SVB, JP Morgan said in a note.

“The collapse of SVB, Signature Bank and concerns of liquidity across US and the European Union can further soften tech spends by banks over the short term in a year with slowing growth in bank tech budgets,” JP Morgan, which has an “underweight” rating on the sector, said.

India’s IT industry is already facing a challenging macroeconomic environment in its key markets of Europe and the United States, where technology spending is contracting amid delays in decision-making on long-term deals as the pandemic-led surge in demand faded.

The banking crisis could delay deal ramp-ups, impacting revenue conversions over the next two quarters, and push back new order closures that could hurt revenue over the next four quarters, JP Morgan said.

Indian IT firms draw the bulk of their revenue from the banking, financial services and insurance (BFSI) sector.

Within BFSI, their exposure to the US banks is on average 62 percent and Europe 23 percent, JP Morgan said.

LTIMindtree this week said it had negligible exposure to US regional banks, including SVB.

© Thomson Reuters 2023

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