Infosys collaborates with Proximus & TK Elevator

Company collaboration with Proximus

Infosys Ltd saw a 1.27% surge in its shares today following its recent collaborations. One collaboration involves partnering with Proximus, Belgium’s foremost digital services and communications solutions provider to execute an IT modernization and consolidation project. This initiative aims to consolidate key components of the IT stack of a Proximus affiliate into the main IT stack. By doing so it enables them to expand services such as fiber and new digital offerings to a wider customer base.

In this project, Infosys assumed the role of a managing partner to synchronize Proximus and its affiliate’s ecosystems employing an outcome-based model. This intricate project spanned over 70 applications involving multiple vendors and was completed successfully within the set timeline and budget. As a result, the affiliate’s technology stack was modernized to meet future demands accelerating time-to-market and broadening their service portfolio. This collaboration further solidifies Infosys’ 25-year relationship with Proximus focusing on transforming, developing, and maintaining Proximus IT applications.

Extends strategic collaboration with TK Elevator

Additionally following the market’s closure today, Infosys announced an extension of its strategic collaboration with TK Elevator, a leading urban mobility company. Within this engagement, Infosys will consolidate, harmonize, and modernize TK Elevator’s digital landscape. The objective is to consistently innovate and transform the company’s application and IT environment, utilizing an AI-first strategy powered by Infosys Topaz—an array of services, solutions, and platforms leveraging generative AI technologies.

Infosys – Stock Performance

Today, shares of Infosys opened at Rs 1,431.05 and closed at Rs 1,457.70, marking a 1.27% increase. The company’s 52-week high is at Rs 1,672.45 while its low stands at Rs 1,215.45. Presently, Infosys holds a market capitalization of approximately Rs 6,05,000 crore. Over the past six months, the company’s shares have provided a return of 12.73%.

About Infosys 

Infosys Ltd specializes in consulting, technology, outsourcing, and next-generation digital services, assisting clients in executing strategies for their digital transformation. It stands as the second-largest Information Technology company in India, trailing behind TCS. The company is globally recognized for its leadership in next-generation digital services and consulting.

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