Infosys lands $325 million deals, $170 million Volvo AI modernization initiative
Business
Infosys just landed three big contracts worth $325 million, with the biggest chunk, $170 million, coming from Volvo Cars.
The Volvo deal is a mix of net-new business and consolidation of existing engagements, all about modernizing IT and using AI to make things run smoother and cheaper.
Infosys central to digital upgrades
Infosys also scored a $100 million contract with Finnish company Valmet to revamp its IT systems, plus a $51 million deal with the Hong Kong Jockey Club for a tech transformation.
It's clear: companies everywhere are doubling down on digital upgrades, and Infosys is right at the center of it.