- Infosys metaverse foundry is an integral part of Infosys
Living Labs that's driving the digital innovation agenda for
enterprises racing to adapt to emerging priorities and market
trends.
- Infosys will also take advantage of its metaverse foundry
to extend its global corporate university, now on Infosys Wingspan
platform, to the metaverse.
BENGALURU, India, Feb. 24, 2022 /PRNewswire/ -- Infosys (NSE:
INFY) (BSE: INFY) (NYSE: INFY), a global leader in
next-generation digital services and consulting, today launched
Infosys metaverse foundry to ease and fast-track enterprises'
exploration of the metaverse, including virtual and augmented
environments, for their customers, workplace, products and
operations. Infosys metaverse foundry converges the power of domain
and design expertise, platforms and digital accelerators, with
strong relationships in a rich creator-partner economy. Enterprises
can harness this confluence of capabilities as services on-tap,
with the flexibility to ramp up and down their explorations at
will. This gives them on-demand ability to securely and efficiently
create their own metaverse environment, deliver signature
experiences in an existing metaverse, and bring advanced AI-powered
data analytics and simulations to realize their evolving
aspirations as the internet evolves.
Ravi Kumar S, President, Infosys, said, "The
physical and virtual worlds are already smoothly and ubiquitously
interwoven. The metaverse will deepen this overlap and in very
experiential ways that will create abundant space for business
innovation. We want to help our clients to quickly double down on
those opportunities in a find-fast, learn-faster environment before
they can reorient their own capabilities, processes and culture
in-house to respond to this rapidly evolving space."
Infosys metaverse foundry helps enterprises navigate the
metaverse by partnering with them through the Discover-Create-Scale
cycle.
Discover value in the metaverse with 100+ ready-to-apply use
cases and templates.
Infosys metaverse foundry puts Infosys' depth in business
domains and expertise in immersive, interactive and experiential
design to work for enterprises through its use cases, business
cases and execution roadmaps. They harness the power of
technologies like AR/VR, Blockchain, NFT, IoT, Applied AI,
cybersecurity and 5G to advance value exploration in the metaverse.
For example, a template that is popular with many large enterprises
is for setting up an immersive retail experience where shoppers can
explore a branded metaverse environment, buy products as NFTs or
connect to an online checkout counter to make purchases that are
delivered in the physical world.
Create and connect on the metaverse with Infosys platforms
and accelerators.
Infosys Living Labs' multi-tiered digital infrastructure
comprising technology, processes and people, includes several
metaverse technology investments, including platforms and
accelerators to build solutions and immersive experiences. They
enable the rapid creation of engaging environments and digital
replicas, while facilitating integration with enterprise data APIs
and 360/3D asset management systems. AI and engineering platforms
to build digital twins of complex physical objects are also
available to drive simulations. For example, a leading
pharmaceutical, with Infosys XR platform, created a digital twin of
their vaccine lab enabling quality engineers to access critical
vaccine culture data to make predictions and decisions. Infosys
metaverse foundry can also be leveraged as a makerspace to bridge
the physical-digital worlds, in all Infosys digital centers.
Infosys also leveraged the XR platform to launch its own mixed
reality capability to host clients in highly immersive spaces to
collaborate and
co-create.
Scale ideas, expand possibilities with diverse
creator-partners.
With Infosys metaverse foundry, enterprises can work in tandem
with any creator-partner in the Infosys Innovation Ecosystem to
manage the pilot-to-production ramp up smoothly or add more choices
at the prototype stage to de-risk and future-proof investments. For
example, an engineering consulting company took advantage of
Infosys metaverse to prototype an immersive mixed reality workbench
to inspect prospective engineering construction sites rendered as
rich 3D assets. The capability was evolved and scaled for global
use on Azure high-performance cloud with ready support from
Microsoft, a long-standing Infosys partner.
Powered by Infosys metaverse foundry, Infosys will extend its
global corporate university, now on Infosys Wingspan platform, to
the metaverse. This will enable the company's workforce to
seamlessly switch between physical and virtual learning spaces
while benefiting from engaging and serendipitous interactions with
fellow learners and educators. The environment will include hybrid
libraries, heuristically evolved virtual classrooms, gamified
learning and digital twins to better understand complex
concepts.
Several businesses have benefited from Infosys metaverse
foundry.
Korey Allchin, Director of
Partnership & International Business, Tennis Australia,
said, "For the first time at any Grand Slam, in 2021 Infosys helped
us reimagine the shopping experience at the Australian Open, by
offering our fans an extended reality store. They made it possible
for tennis fans to shop for all their favorite items including
tees, beach towels, caps and racquets in this virtual world, and
then carry these back to the real world. Seamless digital-physical
connects have become more and more important in the evolution of
our fan experience. At the same time, during the pandemic when
travel was very restricted, Infosys helped us create the AO 2021
Virtual Hub, a digital platform targeted at our business partners
where we took content and experiences from the event to the comfort
of their homes and offices all around the world."
Daniel Schumacher, Head of
Global IT Applications and Digital Innovation,
Komatsu, said, "Our strategic foresight and transformation
roadmap point to the rapid acceleration of digital ecosystems and
we are looking to bring its value to all facets of our business –
both as we know them today and to what we can create for the
future. We are excited to partner with Infosys metaverse foundry to
uncover the most significant investment we must make in the virtual
world and plant seeds today that are most likely to bear fruit for
our future."
Stéphane Morel, Deputy CEO, Marketing & Business
Development, French Tennis Federation, said, "As our
digital innovation partner, Infosys brought to tennis fans
first-of-its-kind mixed reality experiences such as playing tennis
on a virtual recreation of the Philippe-Chatrier court at the
Infosys fan zone. During Roland-Garros, fans also got a chance to
experience the thrill of their digital avatars stepping into a
virtual world where they could interact with other fans in their
digital forms, engage using virtual objects and even speak to each
other in this space."
For a quick overview of Infosys metaverse foundry, please watch
this video.
Click here to watch a conversation between Philip Rosedale and Ravi
Kumar.
To learn more, please visit:
https://www.infosys.com//services/metaverse.html
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in more than 50 countries to
navigate their digital transformation. With over four decades
of experience in managing the systems and workings of global
enterprises, we expertly steer our clients through their digital
journey. We do it by enabling the enterprise with an AI-powered
core that helps prioritize the execution of change. We also empower
the business with agile digital at scale to deliver unprecedented
levels of performance and customer delight. Our always-on learning
agenda drives their continuous improvement through building and
transferring digital skills, expertise, and ideas from our
innovation ecosystem.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE:
INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, financial expectations and plans for navigating the
COVID-19 impact on our employees, clients and stakeholders are
forward-looking statements intended to qualify for the 'safe
harbor' under the Private Securities Litigation Reform Act of 1995,
which involve a number of risks and uncertainties that could cause
actual results to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to
these statements include, but are not limited to, risks and
uncertainties regarding COVID-19 and the effects of government and
other measures seeking to contain its spread, risks related to an
economic downturn or recession in India, the United
States and other countries around the world, changes in
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earnings, fluctuations in foreign exchange rates, our ability to
manage growth, intense competition in IT services including those
factors which may affect our cost advantage, wage increases in
India, our ability to attract and
retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, industry segment concentration, our
ability to manage our international operations, reduced demand for
technology in our key focus areas, disruptions in telecommunication
networks or system failures, our ability to successfully complete
and integrate potential acquisitions, liability for damages on our
service contracts, the success of the companies in which Infosys
has made strategic investments, withdrawal or expiration of
governmental fiscal incentives, political instability and regional
conflicts, legal restrictions on raising capital or acquiring
companies outside India,
unauthorized use of our intellectual property and general economic
conditions affecting our industry and the outcome of pending
litigation and government investigation. Additional risks that
could affect our future operating results are more fully described
in our United States Securities and Exchange Commission filings
including our Annual Report on Form 20-F for the fiscal year ended
March 31, 2021. These filings are
available at www.sec.gov. Infosys may, from time to time, make
additional written and oral forward-looking statements, including
statements contained in the Company's filings with the Securities
and Exchange Commission and our reports to shareholders. The
Company does not undertake to update any forward-looking statements
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