Infosys, Microsoft collaborate with JG Summit Holdings
Infosys in collaboration with Microsoft, on Monday announced a long-term strategic partnership with JG Summit Holdings, Inc, one of the largest and most diversified conglomerates, headquartered in Manila, Philippines.
In an aim to develop an agile and robust digital infrastructure for business processes, the collaboration between Infosys and Microsoft will offer JG Summit seamless implementation and migration to Microsoft Azure cloud platform.
Lance Y. Gokongwei, President and CEO, JG Summit Holdings said, “Our objective is to embed digitization into our core business strategy across units, subsidiaries and affiliates. Through the partnership with Infosys and Microsoft, we aim to accelerate our digital transformation journey which will enable us to address evolving business requirement, facilitate easy and secure collaboration among employees and offer better service to our end customers.”
Infosys is the second-largest Indian IT company based on revenue. It provides software development, maintenance and independent validation services to companies in finance, insurance, manufacturing and other domains. The company also provides software products to the banking industry.
On Monday, the stock of Infosys Limited had opened at Rs. 838.05 per share and made an intraday high and low of Rs. 840.00 and Rs. 827.30, respectively on the BSE. The stock closed at Rs. 830.00, down by 1.21 per cent.