Infosys Expands to Europe to Accelerate AI

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In a strategic move aimed at expanding its presence in Europe and boosting its global digital capabilities, Infosys has unveiled its latest proximity center in Sofia, Bulgaria today. The IT giant also has a commitment to fostering local talent and nurturing innovation as the company aims to hire, attract, and up-skill 500 new employees over the next four years.

The new state-of-the-art center in Sofia will focus on harnessing the potential of emerging digital technologies, including Infosys Cobalt Cloud Solutions, Infosys Topaz AI and Automation, Data and Insights, IoT, 5G, and software engineering. This initiative aligns with Infosys’ strategy to amplify human potential by tapping into the local talent pool.

Bulgaria’s growing reputation as a hotbed for IT development, thanks to its robust IT infrastructure and a wealth of local IT specialists, makes Sofia the ideal location for Infosys to establish its new center. It is expected to provide an inviting environment for businesses from various sectors, including financial services and retail, to collaborate and drive digital transformation initiatives. The center will serve as a hub for ideation, incubation, creation, and scaling of innovative solutions based on emerging technologies.

The center will serve both global and European customers and play a crucial role in supporting their AI and Cloud-led digital transformation journeys. It will further solidify Infosys’ client relationships in Europe, with a particular focus on the manufacturing, retail, and financial services sectors. The center’s functions will encompass the rapid expansion of teams specializing in digital and analytical capabilities, as well as SAP and cloud solutions.

Milena Stoycheva, Minister of Innovation and Growth for the Bulgarian Government, expressed her enthusiasm, “The opening of the new Centre in Sofia is a testament to Infosys’ commitment to fostering talent in our country. With a commitment to employing a 500 strong workforce over the next four years, we’re excited to see the company contribute to our local economy and bring new skills and opportunities for talent working in the technology sector.”

Kosta Cholakov, Chief Executive Officer of DZI Insurance said, “Infosys is one of our strategic partners on our digital transformation journey and we’re thrilled to see Infosys expand its presence to Bulgaria, moving ever closer to its clients. We look forward to continuing collaborating together driving innovation with next generation technologies throughout our organization, underpinned by the wealth of talent and expertise.”

Dinesh Rao, Executive Vice President and Co-Head of Delivery at Infosys added, ““We are dedicated to continuing to grow our footprint in Europe to bring our capabilities, skills and expertise ever closer to our clients. Bulgaria is renowned for its excellent IT talent, and we’re excited to build an exemplary workforce that meets the demands for next generation skills and solutions, with a focus on catalyzing progress of our client’s AI and cloud first transformation. Bringing together the strength of local talent with our industry-leading expertise and innovation we’re confident the new center will serve as a hub of innovation to help shape digital Europe.”

This strategic move is poised to significantly impact the digital transformation landscape in Europe, with Infosys playing a pivotal role in driving innovation and nurturing local talent in Bulgaria.

The post Infosys Expands to Europe to Accelerate AI appeared first on Analytics India Magazine.

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Infosys Expands to Europe to Accelerate AI

In a strategic move aimed at expanding its presence in Europe and boosting its global digital capabilities, Infosys has unveiled its latest proximity center in Sofia, Bulgaria today. The IT giant also has a commitment to fostering local talent and nurturing innovation as the company aims to hire, attract, and up-skill 500 new employees over the next four years.

The new state-of-the-art center in Sofia will focus on harnessing the potential of emerging digital technologies, including Infosys Cobalt Cloud Solutions, Infosys Topaz AI and Automation, Data and Insights, IoT, 5G, and software engineering. This initiative aligns with Infosys’ strategy to amplify human potential by tapping into the local talent pool.

Bulgaria’s growing reputation as a hotbed for IT development, thanks to its robust IT infrastructure and a wealth of local IT specialists, makes Sofia the ideal location for Infosys to establish its new center. It is expected to provide an inviting environment for businesses from various sectors, including financial services and retail, to collaborate and drive digital transformation initiatives. The center will serve as a hub for ideation, incubation, creation, and scaling of innovative solutions based on emerging technologies.

The center will serve both global and European customers and play a crucial role in supporting their AI and Cloud-led digital transformation journeys. It will further solidify Infosys’ client relationships in Europe, with a particular focus on the manufacturing, retail, and financial services sectors. The center’s functions will encompass the rapid expansion of teams specializing in digital and analytical capabilities, as well as SAP and cloud solutions.

Milena Stoycheva, Minister of Innovation and Growth for the Bulgarian Government, expressed her enthusiasm, “The opening of the new Centre in Sofia is a testament to Infosys’ commitment to fostering talent in our country. With a commitment to employing a 500 strong workforce over the next four years, we’re excited to see the company contribute to our local economy and bring new skills and opportunities for talent working in the technology sector.”

Kosta Cholakov, Chief Executive Officer of DZI Insurance said, “Infosys is one of our strategic partners on our digital transformation journey and we’re thrilled to see Infosys expand its presence to Bulgaria, moving ever closer to its clients. We look forward to continuing collaborating together driving innovation with next generation technologies throughout our organization, underpinned by the wealth of talent and expertise.”

Dinesh Rao, Executive Vice President and Co-Head of Delivery at Infosys added, ““We are dedicated to continuing to grow our footprint in Europe to bring our capabilities, skills and expertise ever closer to our clients. Bulgaria is renowned for its excellent IT talent, and we’re excited to build an exemplary workforce that meets the demands for next generation skills and solutions, with a focus on catalyzing progress of our client’s AI and cloud first transformation. Bringing together the strength of local talent with our industry-leading expertise and innovation we’re confident the new center will serve as a hub of innovation to help shape digital Europe.”

This strategic move is poised to significantly impact the digital transformation landscape in Europe, with Infosys playing a pivotal role in driving innovation and nurturing local talent in Bulgaria.

The post Infosys Expands to Europe to Accelerate AI appeared first on Analytics India Magazine.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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