23 Nov 2022 , 10:46 AM
Infosys Limited announced a strategic partnership with Envision AESC, a global leader in battery technology.
Through this collaboration, Infosys will assist in the development of a cloud-based platform to digitise and automate manual processes at Envision AESC’s EV battery manufacturing plants.
The cloud-based platform’s initial goal is to digitise key processes that require a high level of human intervention. Through data-driven reporting and analytics tools, the cloud-based platform aims to improve productivity, increase end-to-end visibility, and simplify quality monitoring in the long run.
“Envision AESC will digitise operations in its EV battery manufacturing plants by starting with the cloud. From a sustainability and circularity standpoint, we believe that our co-innovation efforts will catalyse the development of next-generation EV batteries,” commented Jasmeet Singh, Executive Vice President and Global Head of Manufacturing at Infosys.
This new cloud-based platform, developed in collaboration with Envision AESC, leverages AWS Cloud components of Infosys Cobalt, a set of services, solutions, and platforms designed to help enterprises accelerate their cloud journey.
At around 10.48 AM, Infosys was trading at Rs1,584 per piece, down by 0.1% from its previous closing of Rs1,585.60 on the BSE. The scrip opened at Rs1,592 and touched intraday high and low of Rs1,592 and Rs1,582 respectively.
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