Infosys, Qualcomm partner for smart cities solutions

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Capital Market
Last Updated : Mar 11 2020 | 3:31 PM IST

Infosys announced on Tuesday (10 March) that it has joined the Qualcomm Smart Cities Accelerator Program to offer end-to-end solutions for smart stadiums, smart venues and smart event management.

This program is designed to connect cities, municipalities, government agencies, and enterprises with Qualcomm Technologies' ecosystem to help deliver greater efficiencies, cost savings, and broad access to solutions for smart cities' problems today.

Utilizing cutting-edge connectivity and compute technologies from Qualcomm Technologies and Smart Spaces solution from Infosys, facilities managers of stadiums and venues can reimagine the physical spaces by enabling the next generation fan experience, improved energy efficiencies, increased people productivity, and differentiated user experiences through seamless connectivity. Infosys' global network of innovation centers, experience design, and expertise in building connected ecosystems can unlock energy and resource savings by enabling reductions in per capita energy and water consumption, effective recycling and use of renewable energy.

These Smart Space solutions build upon Infosys' proprietary SCALE (Sustainable-Connected-Affordable-Livable-Experiential) framework for smart spaces. SCALE offers a rich set of features for building and resource management, physical assets management and occupants' safety and security. It uses digital technologies to deliver an enhanced user experience for personal comfort, wellness, collaboration and convenience. Integrated with a command center, it delivers actionable insights through predictive capabilities to optimize resources for easy maintenance and improved efficiencies. By deploying SCALE, building managers can achieve significant savings in space utilization, energy, and water consumption, reduction in net carbon footprint, and better user experience.

Infosys' consolidated net profit soared 12.23% to Rs 4,457 crore on a 2.04% rise in net sales to Rs 23,092 crore in Q3 December 2019 over Q2 September 2019.

Infosys is engaged in consulting, technology, outsourcing and next-generation services.

Shares of Infosys fell 1.43% to Rs 693.85. The stock traded in the range of Rs 669.60 to Rs 696.25 so far.

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First Published: Mar 11 2020 | 2:51 PM IST

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