Infosys, India's second-largest IT services provider, has established a five-year cooperation with automaker clever Europe GmbH to strengthen the company's direct-to-customer (D2C) and
online electric vehicle (EV)
business models in Europe.
“Infosys will also help smart Europe GmbH to efficiently sell EVs across 15 European countries with a D2C sales approach and secure engagement across lead generation, prospect conversion, sales and aftersales channels, supplemented by end-to-end ownership and accountability,” the Bengaluru-headquartered IT major said in a statement.
Through this strategic collaboration, Infosys will help smart Europe GmbH with the online EV buying experience and apply machine learning (ML) models to forecast sales and aftersales demand. Infosys will assist in the automotive major’s existing model smart number 1, the recently announced model smart number 3 and other upcoming all-electric models, as per economic times.
“Leveraging a blend of our expertise in the domain and strong regional presence, we will help smart Europe GmbH fast-track the adoption of
cutting-edge digital solutions. The success of this engagement will be a real game changer for both smart Europe GmbH and Infosys in the electric mobility era,” said Jasmeet Singh, EVP and global head of manufacturing, Infosys.
Infosys revised its revenue outlook for FY24 downwards this month, predicting growth of 1.0-2.5% in constant currency terms, down from 1.0-3.5% before.
The software major reported a 3% year-on-year (YoY) increase in consolidated
net profit for the July to September period at Rs 6,212 crore on consolidated revenue growth of almost 6.7% year on year to Rs 38,994 crore for the second quarter of FY24. Revenues increased by 2.5% year on year and 2.3% quarter on quarter in constant currency.
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