Beena Parmar

Infosys has signed a ten-year strategic agreement with footwear company Crocs. This large transformation deal is estimated to be worth between $200-300 million. The collaboration will modernize Crocs' core business and IT systems using AI-first platforms. Infosys aims to simplify operations, reduce costs, and scale for the future. This partnership will enhance efficiency, responsiveness, and customer experience for Crocs.

Such investments are focused on digital, AI-infrastructure and data services stack. Valuations are selectively improving with business delivery getting remodelled and reassessed with uptick in AI-led productivity, experts said.

Infosys has signed a ten-year strategic agreement with footwear company Crocs. This large transformation deal is estimated to be worth between $200-300 million. The collaboration will modernize Crocs' core business and IT systems using AI-first platforms. Infosys aims to simplify operations, reduce costs, and scale for the future. This partnership will enhance efficiency, responsiveness, and customer experience for Crocs.

The move follows a series of security incidents and legal disputes in the technology sector. Last week, TCS and HCLTech separately informed stock exchanges that unidentified hacker groups had attempted to steal employee information. The group claimed to possess data relating to more than 250,000 HCLTech employees including names, email addresses and phone numbers.

Indian technology firms are increasingly leveraging borrowed funds for acquisitions and share buybacks to elevate revenues and align with investor demands. Leaders such as Cognizant, Persistent Systems, and Coforge are exploring external credit options. This aggressive financial strategy signals a commitment to growth while navigating the market's uncertainties.

As AI now rewrites the IT business algorithm beyond recognition, Indian technology pureplays have responded with a talent reshuffle that's cascading beyond the corner-room down to the very verticals tasked with bringing home the money.

As AI now rewrites the IT business algorithm beyond recognition, Indian technology pureplays have responded with a talent reshuffle that's cascading beyond the corner-room down to the very verticals tasked with bringing home the money.

Infosys has invested an undisclosed amount in Bengaluru-based AI procurement startup Aerchain through its Infosys Innovation Fund.

Chief executive Mohit Joshi said that he isn’t concerned about Big Tech firms like Google or AI labs like Anthropic or OpenAI getting into AI services by hiring forward deployment engineers (FDEs), as he feels the IT industry's cost structures and the models it operates on are vastly different and hard to imitate.

The search for mid-level talent, with 8-15 years of experience, has now expanded beyond conventional technology profiles, top executives told ET. Some senior roles are witnessing this shift, too, as agentic AI helps quickly bridge the tech gap between industry domain experts and seasoned software pros.