Infosys continues strategic collaboration with largest gold mining company, Newmont Corporation via its BPM arm
On Thursday, Infosys Limited informed that its business process management arm namely, Infosys BPM, extended its strategic collaboration with Newmont Corporation, which is the world's largest gold mining company, to standardise and digitise delivery models across mine sites.
Within this extended agreement, Infosys BPM will drive operational excellence leveraging automation, artificial intelligence (AI) & design thinking, in order to enhance business value for Newmont. In the purview of this engagement, Infosys BPM will provide an end-to-end digital service to Newmont through its analytics-driven platform-as-a-service offering.
DigiTran, a solution applying advanced techniques and enabling remote transition of services will also be leveraged by Infosys BPM. DigiTran is also capable of establishing sound standard operating procedures knowledge base and deliver clear & harmonised processes. Infosys BPM is also responsible for improving Newmont's touchless invoice processing across their accounts payable processes. A digital command centre will also be set up for real-time visibility into process health metrics along with analytical models to identify root causes, which in turn, will boost the company's operations.
Infosys is in the business of consulting, technology, outsourcing, and next-generation services. Meanwhile, Infosys BPM is a business process management subsidiary of Infosys, which provides integrated outsourcing and transformation services.
On Friday at 11.01 am, the share of Infosys was trading at Rs 1,386.70, up by 1.36 per cent on BSE.