Infosys opens Sydney Living Lab to accelerate innovation in NSW; stock under pressure

1 Aug 2022 , 10:24 AM

Infosys Limited announced the opening of its Sydney Living Lab, a high-tech co-creation space for digital innovation that is part of a global network of over 20 locations, including Melbourne.

The company made the announcement during New South Wales Premier Dominic Perrottet’s visit to Infosys headquarters in Bengaluru, India. The Premier toured the 81-acre Infosys Bengaluru Campus and immersed itself in digital experiences at the Infosys Bengaluru Living Lab.

The Cybersecurity Command Centre, SUPRAP, Metaverse Foundry, and Digital Twin experiences were included.

The Lab spans around 2,030 sqm over two storeys at 100 Arthur Street in North Sydney which is a 160 sqm co-creation space in Infosys’ new Sydney office.

It will bring together Infosys’ digital ecosystem, which includes clients, partners, start-ups, academia, and government, in order to inspire and foster innovative digital solutions. The Sydney Living Lab follows in the footsteps of the Melbourne Living Lab, which debuted in April of this year.

Infosys Metaverse Foundry, Cloud services via Infosys Cobalt, Cyber Security, Sustainability, Edu Tech (Digital Learning), and co-creation workshops with Infosys Consulting’s product and portfolio development offerings are among the over 100 digital experiences available.

WONGDOODY’s human experience design expertise will also be used to elevate brand and business interactions.

At around 10.28 AM, Infosys was trading at Rs1,548.30 down by Rs1.3 or 0.08% from its previous closing of Rs1,549.60 on the BSE. The scrip opened at Rs1,570 and has touched intraday high and low of Rs1,570 and Rs1,537.70 respectively.