The digital revolution excludes no one and nothing from its embrace. Weare engulfed in that time in the history of humanity when advances in technology andinnovation are gathering momentum at an unprecedented pace. Now we must be poised totackle changes unlike any we have known before.
Businesses are facing various simultaneous and disruptive challenges.Many industries like retail media and entertainment have to contend with powerful digitaldisruptors.The automotive industry is facing the triple challenge of electric carsself-driving capabilities and mobility aggregators. The utility industry must deal with anincreasing proportion of energy coming from renewables which are intermittent andrequire storage and new types of grids. The FMCG industry must learn and adapt to howbrands will be bought in the future. The financial services companies are facingregulations on the one hand and massive automation on the other. Smartphones ineveryone's hands and multiple sensors in every device
and every product are upending entire businesses. Machine learning anddeep learning are commoditizing domain knowledge and the 'winner take all' nature ofdata- driven businesses is both swift and forbidding.
Yet I believe this can be a force for positive change. Withartificial intelligence disease onset can be accurately predicted and prevented.Flealthcare providers are now able to enhance and extend care delivery beyond theirfacilities. Machinery and production assets can be remotely monitored to predict andprevent costly or mission-critical device failures. loT-enabled inventory optimization andsupply chain risk mitigation are a ubiquitous reality. Advanced driver assistance systemshave already eased the burden of building safer vehicles.
For financial institutions the reach of smartphones is enabling themto visualize their business at population scale and data and analytics are speeding upand improving the accuracy of their fraud detection endeavors. Across sectors.
"We are ready to boldly promise our clients - Navigate your nextwith Infosys. What will unfold next is limited only by our imagination our focus oncustomers the execution of our strategy and our shared ambition to remake our world andthe way we live and work in it."
the consumer's voice is being deeply acknowledged. Enterprises arevying with each other to meet the demand for superior experience greater productivityincreased convenience and complete transparency with new digital business models yetbuilding on their core strengths. In so many ways and a great many times over ourcollective ability to bring never-before benefits to business and society catalyzed bytechnology and innovation has increased.
Today we have a deep and renewed understanding of what is happening inthe market a keen sense of how we must respond and the action we must take to make atangible difference. We have gone through turbulence but the resilience of the companyhas shone through and we are now in a very safe and stable place. The strategy refresh weundertook in the last six months has clearly outlined the way forward for us. We have astrong executive leadership team in place to inspire and steer the company towards ourgoals. With Salil Parekh leading the way as our new CEO and MD
we are all set to grow the strengths that have always differentiated us- our values our customer orientation our brand our commitment to learning that drivescontinuous improvement and our focus on partnering with all our stakeholders in a waythat is unique to us. We are ready to boldly promise our clients - Navigate your next withInfosys. After all we've done this lived this for over three decades and what willunfold next is limited only by our imagination our focus on customers the execution ofour strategy and our shared ambition to remake our world and the way we live and work init.