Infosys Signs Pact with First Abu Dhabi Bank to Modernise IT Infra

Infosys on Tuesday announced a multi-year strategic collaboration with First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates (UAE) to optimise and modernise FAB's IT infrastructure services, the company said in an exchange filing. 

 

Key Takeaways from the Collaboration:

  • The collaboration will optimise and modernise FAB’s IT Infrastructure services.
  • It will help integrate a suite of enterprise tools.
  • The collaboration aims at transitioning to an outcome-oriented, automated-managed services model.

 

As part of this collaboration, Infosys will leverage Infosys Cobalt cloud practice to accelerate their cloud journey, to deliver industry-leading, infrastructure-managed services, including service desk capabilities, to transform FAB’s IT infrastructure. Further, Infosys will help integrate a suite of enterprise tools to drive significant improvements in FAB’s quality service, risk reduction, and business outcomes such as Artificial Intelligence (AI) and Machine Learning (ML)-based automation, proactive and prognostic monitoring and observability, blueprint-based environment provisioning, and leverage Infosys Topaz.

 

The collaboration focuses on transitioning to an outcome-oriented, automated-managed services model that delivers high-quality, compliant IT services with increased speed and agility. It will also establish a highly scalable and flexible IT infrastructure in the long term.

 

About First Abu Dhabi Bank: 

 

First Abu Dhabi Bank (FAB) is headquartered in Abu Dhabi with a global footprint across 20 markets. FAB is one of the world’s largest banking groups and among the top 50 banks globally by market capitalisation. The bank enables financial expertise to its wholesale and retail client franchise across four business units – investment banking, corporate and commercial banking, consumer banking, and global private banking.

 

About Infosys Limited:

 

Infosys Limited founded in Pune, headquartered in Bangalore, is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company is headquartered in Bangalore and is the second-largest Indian IT company, after Tata Consultancy Services, by 2020 revenue figures. For the past four decades, the company has been focusing on bringing to life great ideas and enterprise solutions that drive progress for clients.

Read More About Infosys Limited Share Price Here!

Top stories
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read . 02 Aug 2024 . 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read . 02 Aug 2024 . 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read . 02 Aug 2024 . 12:36 PM

Related Blogs
blog-logo

Candlestick Patterns

blog-logo

11 mins read . 03 Oct 2024

Ascending Triangle Pattern - Definition, Tips, Component & How to Trade

  • 0 people read
blog-logo

IPO

blog-logo

5 mins read . 19 Sep 2024

Vision Infra Equipment Solutions Limited IPO

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions