Infosys Launches Center of Excellence with Cursor for AI Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: PRnewswire
- Strategic Collaboration: Infosys announces a strategic partnership with Cursor to establish a Center of Excellence aimed at accelerating enterprise adoption of AI-native product development, enhancing software engineers' efficiency and product quality to drive digital transformation.
- Technology Integration: By integrating Cursor with Infosys Topaz Fabric™, enterprises can achieve faster system building and modernization across greenfield and brownfield projects, which is expected to significantly improve development cycles and code quality.
- Enhanced Client Experience: The Center of Excellence will feature an AI Engineering Experience Zone where clients can experience Infosys' engineering capabilities firsthand, leveraging cloud, data, and AI to drive business growth and enhance customer satisfaction.
- Market Impact: Enterprises using the Cursor platform report an average 39% increase in shipped pull requests, indicating that this collaboration will deliver higher development efficiency and better test coverage for Infosys clients, further solidifying Infosys' leadership position in the global market.
Analyst Views on INFY
Wall Street analysts forecast INFY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INFY is 18.95 USD with a low forecast of 17.00 USD and a high forecast of 22.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
1 Buy
5 Hold
0 Sell
Hold
Current: 18.250
Low
17.00
Averages
18.95
High
22.80
Current: 18.250
Low
17.00
Averages
18.95
High
22.80
About INFY
Infosys Limited is an India-based company, which provides digital services and consulting. The Company enables clients in approximately 59 countries to navigate their digital transformation powered by cloud and artificial intelligence (AI). Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences, and All other segments. The Company's solutions have been primarily classified as digital and core. Its digital solutions include experience, insight, innovate, accelerate, and assure. Its experience solutions include Infosys Aster, Digital Marketing, Digital Commerce and Infosys Metaverse Foundry. Its insight solutions include Infosys Topaz, Infosys Generative AI Labs, Data Analytics and AI, Infosys Sustainability Services and Applied AI. Its core solutions include application management services, proprietary application development services, traditional enterprise application implementation and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
